Fabrinet tanks after warning of supply chain issues in its Nvidia-linked business
, a maker of optical communication devices with many use cases (including in AI data centers!), is tumbling after management said that sales in its data communication business are expected to fall in ...
Nvidia has a new tailor-made Blackwell chip in the works for sale to China, Reuters reports
Nvidia, locked out of the Chinese AI market as recently as two weeks ago, is now on the verge of expanding its offerings for what CEO Jensen Huang called a $50 billion AI data center market. Reuters r...
Intel rises as US confirms talks for government stake, chipmaker announces SoftBank investment
Shares of surged higher Tuesday, after the company reported that Japanese tech giant SoftBank Group was buying a $2 billion stake in the US chipmaker and Commerce Secretary Howard Lutnick confirmed t...
Nvidia is adding some more power to its cloud gaming platform
In case you hadn’t heard, for gamers again (as long as you ignore its data center business). On Monday, the chipmaker announced updates to its cloud gaming platform GeForce Now, including news that it...
Why Nvidia and AMD’s unusual agreement with the Trump administration might survive any legal challenges
There is one glaring issue with the highly unusual arrangement that’s seen and secure export licenses to China for chips that had previously faced restrictions in return for giving the US government...
Applied Materials tanks after ugly guidance
, the largest stock in the S&P 500 semiconductor equipment industry group, is down double digits after issuing fourth-quarter guidance that soundly disappointed investors. For the three months ending ...
Intel jumps on report the US is considering taking a stake
shares shot higher in late day trading after Bloomberg reported that the White House is in talks to take a stake in the once iconic American chipmaker. Intel declined to comment on the report and the ...
Foxconn’s Nvidia business is surging while its Apple business shrinks
Taiwan’s Hon Hai Technology Group, better known as Foxconn, said in its second-quarter earnings report that it expects its AI server revenue to more than double in the current quarter, thanks in part ...
US reportedly placed location trackers in AI chip shipments diverted to China
Reuters is reporting that the US has been using location trackers to trace shipments of AI chips illegally diverted to China.
Nvidia whipsawed by report that China’s internet regulator barred companies from ordering its chips
Plot twist! briefly erased all of its premarket gains of 1% after The Information reported that China’s internet regulator has “ordered local tech companies including ByteDance, Alibaba Group, and Ten...
Micron jumps after signaling blowout quarter with boost to guidance
is ramping this morning after boosting the outlook for its fiscal fourth quarter. For the three months ending August 28, the chipmaker expects revenues of $11.2 billion (plus or minus $100 million), $...
Nvidia, AMD reportedly granted export licenses for chip sales to China in exchange for giving US government 15% of revenues
The Financial Times is reporting that and have formally secured permission to export AI chips tailored for China to the world’s second-largest economy. As part of the deal, the companies have agreed...
Tesla shuts down Dojo supercomputer team to streamline chip design efforts
CEO Elon Musk ordered the company to disband its Dojo supercomputer team, which had been designing and using its D1 chips to train its self‑driving and AI models, Bloomberg reports .
Nvidia is dominating the S&P 500 more than any company in at least 44 years
is a milestone magnet. Less than one month after becoming the first publicly traded company to reach $4 trillion in market cap , the chip designer can add another superlative to its list. “The chart b...
BofA raises Apple price target after Trump exempts company from 100% chip tariff
Bank of America Global Research analyst Wamsi Mohan this morning raised the firm’s price target to $250 from $240, after President Trump said yesterday that the company’s investments in US manufactur...
Apple jumps after Trump says Apple and other firms that build in the US will avoid 100% chip tariff
It looks like CEO Tim Cook’s latest $100 billion US manufacturing investment was enough to get the president off his back. “We’re going to be putting a very large tariff on chips and semiconductors,”...
Intel drops after Trump says CEO is “conflicted,” should resign
fell Thursday after President Trump posted on his social media platform, Truth Social, that CEO Lip-Bu Tan “is highly CONFLICTED and must resign, immediately.” The president’s comments come after Repu...
Investors have run out of patience with Super Micro’s many excuses for sales misses
Shares of are tumbling on Wednesday after disappointing fourth-quarter results, which saw the server company whiff on sales and earnings . The stock is down nearly 20% as of 10:25 a.m. ET, making the...
Astera Labs surges after earnings
is surging after issuing strong Q2 results after the close Tuesday. The San Jose maker of chips, boards, and integrated circuits used to build data servers reported: Adjusted earnings per share of $0....
AMD sinks despite solid sales and revenue guidance
, the top-performing US semiconductor stock in 2025, is giving back some of its big year-to-date gains after its second-quarter earnings report. The chip company delivered a modest bottom-line miss an...