15 months after crippling quantum computing stocks, Nvidia has sent the industry back into the stratosphere
All of the technological breakthroughs, sales deals, and acquisitions haven’t mattered much for quantum computing companies in 2026. The speculative fever had broken, with call volumes traded and most...
TSMC CEO on Tesla and Intel’s Terafab: “There are no shortcuts”
CEO Elon Musk has reportedly asked the chip industry suppliers for his Terafab chipmaking project to move at “light speed” in an effort to help Tesla and SpaceX manufacture the AI chips they need. On ...
TSMC Q1 earnings crush estimates, with chipmaker lifting full-year sales guidance thanks to “extremely robust” AI demand
booked profits far better than expected in Q1, with management projecting strong sales for Q2 and the rest of the year. The world’s largest foundry company reported earnings per share of NT$22.08 (~$0...
Investors are piling into “heavy assets, low obsolescence” stocks they hope can’t be clobbered by AI
In 2021, said it would sink $20 billion into two new US chip factories in Arizona — while simultaneously boosting capital spending by almost 50%. The goal, Intel said, was to take on Taiwan Semicondu...
Broadcom jumps on expanded chip deal with Meta
is ticking up 3% in premarket trading on Wednesday after yesterday’s announcement that it will expand its partnership with to produce multi-generation custom chips to power Meta’s in-house AI acceler...
Sandisk initiated at “outperform” by Evercore ISI, with target of $1,200
Evercore ISI analysts see further upside for shares, even after their nearly 2,900% gain over the past 12 months. In a note initiating coverage on the top-performing S&P 500 constituent — giving it a...
Credo Technology soars after announcing deal to acquire photonics company
is soaring in premarket trading after announcing an agreement to acquire DustPhotonics, a developer of silicon photonic integrated circuits for optical transceivers (that is, chips that help use light...
What does delicious Asian food seasoning have to do with a potential bottleneck for AI chips?
Deep within the supply chain for advanced AI chips sits an unlikely company that may be the source of a looming global bottleneck. It’s already the source of some really delicious food. Ajinomoto is a...
Intel is having its best year since 1987
is up for its ninth straight session on Monday, continuing the romp that has made it the top performer in the S&P 500 this month, ganing roughly 46% in April so far. The series of deals Intel has rece...
Neoclouds surge as Anthropic’s deals mean the scramble for compute is on
Just because software stocks are crushing semiconductors on Monday in a reversal of recent trends doesn’t mean the AI trade is taking a nosedive. is on fire yet again, with strong follow-through after...
Sandisk soars after news of Nasdaq 100 inclusion
jumped sharply on Monday, following an announcement that Nasdaq would add the chipmaker to its benchmark, tech-heavy Nasdaq 100 index.
Intel shares are officially a thing
April most definitely has not been the cruelest month for US chip giant or its shareholders. The stock is on a remarkable run that’s made it the best performer in the S&P 500 for the month, posting a...
Anthropic’s making AI boom again — and picking the winners
Anthropic is boosting the AI hardware trade today, and it’s not just because of its AI compute deal with . This announcement came after Bloomberg reported that OpenAI pitched investors on its competit...
Optics stocks rise after Lumentum CEO says demand is strong with “no end in sight”
rose more than 5% in premarket trading on Friday, and lifted its competitors with it, after the company’s CEO told Bloomberg that demand for its optical components is through the roof. Chief Executive...
TSMC rises on 35% sales jump in Q1 as AI demand holds strong
is up more than 2% in premarket trading after the world’s largest chipmaker reported a 35% jump in first-quarter revenue, beating Wall Street expectations on continued strong demand for AI chips. Reve...
Sandisk jumps as Bernstein raises price target to a Wall Street high of $1,250
spiked Thursday as Bernstein boosted its earnings estimates for the company, with analysts raising their price target to $1,250 from $1,000, the most optimistic view of the 23 analysts polled by Bloom...
Intel announces custom chip collaboration with Google Cloud for AI
shares rose early Thursday after it announced a new multiyear collaboration with Google Cloud division on AI infrastructure. The deal includes co-development of custom chips for Google’s needs, a pro...
Alibaba launches new data center powered by 10,000 of its custom chips
announced a new data center in southern China, in a partnership with China Telecom powered by its own Zhenwu chips. The new data center will contain 10,000 of the homegrown chips, and may scale up to ...
Samsung’s massive Q1 fails to lift Sandisk, other data center plays
Almost all memory stocks slipped Tuesday, despite getting a positive update on the massive flood of money pouring into the sector from the AI build-out, as the potential escalation of the US war with ...
Intel rises on news it will join Elon Musk’s Terafab project
US chipmaking icon announced that it’s joining CEO Elon Musk’s ambitious Terafab chipmaking project, sending the stock up early Tuesday. As Sherwood News’ Rani Molla reported late last month: “Teraf...