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Veteran Tech Investor Trims Nvidia Stake Despite Recent Rally, Voicing Growth Concerns: 'Our Enthusiasm Has Moderated'
Friday, June 21, 2024 - 9:54am | 651Read More...A veteran tech investor has been reducing his holdings of NVIDIA Corp. (NASDAQ:NVDA), citing concerns over the company’s growth prospects. What Happened: Paul Wick, an investor at Seligman Investments, has been gradually decreasing his Nvidia holdings in the past few weeks due to...
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Micron Technology Plans Major US Expansion And Eyes Malaysia For HBM Production To Compete With SK Hynix And Samsung: Report
Wednesday, June 19, 2024 - 10:26pm | 719Read More...In a bid to compete with South Korean rivals, Micron Technology Inc. (NASDAQ:MU) is planning to expand its high-bandwidth memory chip production in the U.S. significantly and is also considering manufacturing in Malaysia. What Happened: Micron, the leading U.S. memory chip maker, is constructing...
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US Pressures Japan And Netherlands To Tighten Chip Equipment Exports To China: Report
Wednesday, June 19, 2024 - 6:26am | 624Read More...In a bid to further restrict China’s access to advanced semiconductor technology, the United States is reportedly urging Japan and the Netherlands to tighten their export policies. What Happened: A U.S. official, Alan Estevez, the chief of export policy, is currently in Japan after holding...
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Taiwan Semiconductor Arbitrage Trade Faces Challenges As US Stock Premium Hits 15-Year High: 'AI Boom Is Not Over'
Monday, June 17, 2024 - 12:17am | 838Read More...The popular arbitrage trade involving Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is causing unexpected pain as the U.S. stock premium over its Taiwanese counterpart reaches a 15-year high. What Happened: The premium of TSMC’s American depositary receipts over its Taiwan stock has...
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China's Top Memory Chip Maker YMTC Defies US Trade Restrictions, Sees Soaring Demand On The Back Of Government Projects: Report
Friday, June 14, 2024 - 2:21am | 672Read More...In defiance of U.S. trade restrictions, China’s leading memory chip manufacturer, Yangtze Memory Technologies Corporation, is experiencing a significant surge in domestic demand for its flash memory chips, particularly from government and military-related projects. What Happened: Wuhan-based...
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Samsung Chairman Engages In Strategic Talks With Meta, Amazon And Qualcomm
Thursday, June 13, 2024 - 8:16am | 595Read More...The Chairman of Samsung Electronics (OTC:SSNLF), Jay Y. Lee, has been in discussions with the heads of Meta (NASDAQ:META), Amazon (NASDAQ:AMZN), and Qualcomm (NASDAQ:QCOM) this week. What Happened: During his two-week visit to the United States, Lee met with Mark Zuckerberg of Meta, Andy Jassy of...
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Biden Administration To Expand Sanctions On Semiconductor Sales To Russia, Targeting Chinese Third-Party Sellers: Report
Wednesday, June 12, 2024 - 12:41am | 620Read More...In a bid to counter Russia’s efforts to bypass Western sanctions, the U.S. government is set to broaden its sanctions on the sale of semiconductor chips and other goods to Russia. The new sanctions will also target third-party sellers in China. What Happened: The Biden administration is...
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Nvidia, Apple Could Be At The Receiving End Of Global Chip Industry Disruption Spurred By Taiwan Energy Crisis
Tuesday, June 11, 2024 - 12:36am | 697Read More...The semiconductor industry, which is heavily reliant on Taiwan, might face a significant setback due to the country’s ongoing energy crisis. This could lead to a slowdown in chip production and a rise in global semiconductor prices. What Happened: Taiwan, a key player in the global...
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Nvidia's Future Cash Flow Could Surpass Microsoft's, Investor Says: 'Blew My Mind'
Sunday, June 9, 2024 - 9:38pm | 725Read More...An investor has pointed out a key statistic that could signal a bright future for NVIDIA Corp (NASDAQ:NVDA). What Happened: Yuri Khodjamirian, the Chief Investment Officer at Tema ETFs, highlighted Nvidia’s potential for long-term success, according to CNBC. He pointed to the company’s...
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Stocks Hit Record Highs, Central Banks Cut Rates, Tight US Jobs Report Dampens Fed Easing Hopes: This Week In The Market
Friday, June 7, 2024 - 4:25pm | 738Read More...The stock market extended its bull market rally for another week, with fresh record highs for both the S&P 500 and the tech-heavy Nasdaq 100 indices. The tech sector – particularly the chipmaker industry, as tracked by the iShares Semiconductor ETF (NYSE:SOXX), led broader market gains, driven...
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Intel Stock Pops After The Bell: What's Going On?
Tuesday, June 4, 2024 - 4:44pm | 418Read More...Intel Corp (NASDAQ:INTC) shares are trading higher in Tuesday’s after-hours session after the company announced a joint venture related to Intel’s Fab 34 in Ireland. What Happened: After the market close on Tuesday, Intel said it entered into a definitive agreement under which Apollo-...
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AMD Shares Rise Pre-Market After Semiconductor Giant Unveils New AI Chips To Challenge Jensen Huang's $2.7 Trillion Nvidia Empire
Monday, June 3, 2024 - 4:40am | 583Read More...Advanced Micro Devices (NASDAQ:AMD) saw a 1.26% increase in pre-market trading on Monday after revealing its latest AI processors. What Happened: At the Computex technology trade show in Taipei, AMD CEO Lisa Su introduced the MI325X accelerator, which is expected to be available in the fourth...
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Samsung Electronics' Union In South Korea Threatens First-Ever Strike Over Wage Demands
Wednesday, May 29, 2024 - 6:20am | 548Read More...The National Samsung Electronics Union in South Korea has declared a strike, demanding higher wages and fair treatment. This is the first time in the company’s history that its workers have taken such action. What Happened: The NSEU, which represents over a fifth of Samsung Electronics (OTC:...
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China Launches $47.5B State Fund To Bolster Semiconductor Industry Amid Global Chip War
Monday, May 27, 2024 - 2:59am | 441Read More...In a bid to strengthen its semiconductor sector, China has established a third state-backed investment fund, injecting a whopping $47.5 billion into the industry. What Happened: The fund, officially known as the China Integrated Circuit Industry Investment Fund, was registered with a capital of 344...
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Nvidia's Market Dominance 'Seems Bubbly,' Says Renowned Wall Street Investor Rob Arnott
Thursday, May 23, 2024 - 10:43pm | 735Read More...NVIDIA Corp (NASDAQ:NVDA) has been a Wall Street favorite for its consistent earnings beat, but a prominent investor has raised concerns about the sustainability of its market share. What Happened: Despite Nvidia’s recent earnings beat, Rob Arnott, the founder of Research Affiliates, is...













