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Arm Holdings Beats Q2 Expectations, Analysts See Growth In Cloud, Automotive Markets
Thursday, November 7, 2024 - 2:02pm | 676Read More...Arm Holdings PLC (NASDAQ:ARM) shares were climbing Thursday after the company reported upbeat fiscal second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Arm Holdings Analyst Toshiya Hari reiterated a Buy...
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Nvidia's Need For Speed: Jensen Huang Pushes SK Hynix For Earlier Memory Chip Delivery
Monday, November 4, 2024 - 2:23am | 569Read More...Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang has requested SK Hynix Inc. (OTC:HXSCF) to expedite the supply of its next-generation high-bandwidth memory chips by six months. What Happened: The request was made during a meeting between Huang and SK Group Chairman Chey Tae-won, reported Reuters on...
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Semiconductor Company UMC Surpasses Q3 Revenue Expectations, Eyes Growth With New Projects In Pipeline
Wednesday, October 30, 2024 - 9:42am | 512Read More...Taiwan-based United Microelectronics Corp (NYSE:UMC) reported a third-quarter fiscal 2024 revenue growth of 6% year-on-year to $1.91 billion (NT$60.49 billion). The company beat the analyst consensus estimate of $1.88 billion. The revenue increased by 6.5% quarter over quarter. Earnings per ADS...
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Team Biden's Ban On China Tech Investments Could Impact Tesla's AI Plans: Report
Tuesday, October 29, 2024 - 9:10am | 553Read More...The United States has announced a ban on investments in China’s semiconductor and AI sectors, potentially affecting Tesla Inc. (NASDAQ:TSLA) and its operations in the region. What Happened: The Biden administration will prohibit U.S. investments in China’s semiconductor, quantum, and AI...
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Nvidia Supplier SK Hynix Reports Record-Breaking Quarterly Profit As AI Demand Drives 7% Revenue Surge
Thursday, October 24, 2024 - 3:12am | 785Read More...SK Hynix (OTC:HXSCF), a major memory chipmaker and a key supplier to Nvidia Corp. (NASDAQ:NVDA), has announced a record-breaking quarterly profit, driven by the rising demand for artificial intelligence technology. What Happened: The South Korean semiconductor company posted revenues of 17.5731...
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While Nvidia Shares Are Hitting All-Time High With Over 230% Return In The Past Year, Some ETFs Linked To Jensen Huang's Chip Giant Have Surged By Almost 500%: Here's More
Wednesday, October 23, 2024 - 6:17am | 572Read More...As Nvidia Corp. (NASDAQ:NVDA) hit all-time highs with 234.09% returns in the past year, several exchange-traded funds (ETFs) associated with the Jensen Huang-led chip giant have also demonstrated remarkable growth during the same time frame, reflecting the company’s significant market...
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SoftBank-Backed Arm Threatens To Cancel Qualcomm's Chip Design License Ahead Of Trial In December
Wednesday, October 23, 2024 - 4:39am | 613Read More...Qualcomm Inc. (NASDAQ:QCOM) has been threatened by Arm Holdings Plc. (NASDAQ:ARM) with cancelation of its chip design license, leaving the San Diego-based semiconductor giant with 60 days notice. What Happened: The architectural license agreement allows Qualcomm to make its chips based on Arm...
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Nvidia Supplier TSMC Will Push Back Against ASML Rumored Price Hikes, Says Analyst — Potential Pricing Standoff Imminent In Semiconductor Industry?
Friday, October 18, 2024 - 12:21am | 634Read More...Renowned analyst Ming-Chi Kuo has forecasted a potential pricing standoff in the semiconductor industry. What Happened: On Thursday, Kuo an analyst at TF Securities took to X, formerly Twitter, and said that market rumors indicate ASML Holding (NASDAQ:ASML) could hike equipment...
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Here's Why China is Urging Its Companies to Forgo Nvidia's Chips
Sunday, September 29, 2024 - 2:31pm | 513Read More...In a move to strengthen its semiconductor industry and counter U.S. sanctions, Beijing is reportedly encouraging Chinese firms to prioritize locally produced artificial intelligence (AI) chips over those from Nvidia Corp. (NASDAQ:NVDA). What Happened: Chinese regulators are discouraging companies...
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What's Going On With Intel Stock?
Tuesday, September 24, 2024 - 1:39pm | 556Read More...Intel Corporation (NASDAQ:INTC) shares are trading higher Tuesday as investors continue to speculate on a possible takeover by Qualcomm, Inc. (NASDAQ:QCOM). The Details: Reports indicate that Qualcomm, led by CEO Cristiano Amon, is considering acquiring Intel as part of its diversification...
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Intel Shares Jump On Reports Of $3 Billion Military Chip Funding [Updated]
Monday, September 16, 2024 - 4:33pm | 428Read More...Intel Corporation (NASDAQ:INTC) shares are surging following reports that the company qualified for up to $3 billion in federal funding to produce semiconductors for U.S. military applications. The potential grant, part of the CHIPS and Science Act's Secure Enclave program, aims to secure a...
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Stock Of The Day: Where Will ARM Reversal End?
Monday, September 16, 2024 - 1:53pm | 535Read More...The best traders understand how investor and trader psychology can move stocks. If understood and applied correctly, technical analysis is a study of this psychology. The chart of Arm Holdings PLC – ADR (NASDAQ:ARM) is no exception. That's why it's our Stock of the Day. The red line on...
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Morgan Stanley Advises Shift To Defensive Stocks As AI Rally Loses Steam Following Drop In Nvidia And Others: 'We Got Overcooked On The Whole AI Theme'
Thursday, September 12, 2024 - 3:59am | 753Read More...Morgan Stanley is advising investors to pivot towards defensive stocks as the AI market loses momentum. This recommendation comes after a noticeable decline in semiconductor shares. What Happened: On Tuesday, Mike Wilson, Morgan Stanley’s chief U.S. equity strategist, told Bloomberg...
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Peter Schiff Warns Against Irrational Exuberance Toward Tech Stocks, Cryptos As Economist Cites Intel's Fall From Grace
Monday, September 9, 2024 - 8:11am | 639Read More...Intel Corp. (NASDAQ:INTC), which was once feted as the semiconductor industry titan, has fallen out of favor with customers and investors, with much of the weakness self-inflicted and the stock has amply discounted the predicament. Prominent economist Peter Schiff on Friday used the company as an...
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TSMC Tech Only 3 Years Ahead Of China's Progress, Shows Analysis — US Export Restrictions Have Minimal Impact
Monday, September 2, 2024 - 1:14am | 666Read More...An analysis of China’s semiconductor technology shows it is just three years behind Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM). What Happened: The report highlights the limited impact of U.S. export restrictions on China’s consumer chip production. Hiroharu Shimizu, CEO of TechanaLye...














