AMD soars on renewed access to China’s data center market
Access to China’s data center market isn’t just a big deal for . is also ripping higher in premarket trading, recently up 4.6%, after saying it plans to begin sending its MI308 chips to China again. I...
Nvidia says it’s clear to sell its H20 AI chips in China again, stock jumps
The US government has “assured” it will be granted necessary licenses to resume selling GPUs to China, the company said in a statement , after CEO Jensen Huang met President Trump last week. The appa...
Nvidia-backed Nebius shoots up on Goldman initiating coverage as a “buy”
AI data center startup shot up over 16% today on news that Goldman Sachs has initiated coverage of the stock with a “buy” rating and a price target of $68. recently revealed a $33 million stake in th...
Malaysia tightens export controls on US AI chips as Nvidia’s Jensen Huang heads to China
Malaysia’s Ministry of Investment, Trade, and Industry is now requiring permits for any exports of AI chips of US origin. The statement doesn’t reference China by name, but this is all about a continu...
After topping the $4 trillion market cap milestone, Nvidia’s valuation per employee is reaching new heights
According to my ChatGPT query, which poetically was probably only made possible by an Nvidia GPU, there are a few American towns with a population of about 36,000: Westerville, Ohio, and Haverhill, Ma...
TSMC dips despite posting surprisingly strong second-quarter sales
is slumping despite posting a pretty solid set of sales for the second quarter. The world’s biggest chip supplier reports monthly sales figures, which effectively serve as an early window into its qua...
AMD soars as HSBC doubles price target to match Street high
Talk about changing your mind on a stock. HSBC analyst Frank Lee doubled his price target on to $200 from $100 while upgrading the stock to “buy” from “hold.” That price target matches the highest on...
US stocks rise, with bitcoin and Nvidia reaching new milestones
The S&P 500 rose 0.6%, the Nasdaq 100 gained 0.7%, and the Russell 2000 advanced by 1.1% on Wednesday. Bitcoin reached a fresh record high for the first time since May , hitting a peak of 112,009.39. ...
As Nvidia reaches a new milestone, it’s still cheap to be greedy on another rally toward $5 trillion
became the first member of the $4 trillion market cap club with a mammoth surge of over 70% off its early April lows. Even so, it’s still (optically) inexpensive to bet on a three-month rally that wou...
A tiny semiconductor company is surging after raising 7x its market value to buy bitcoin
On June 23, Sequans Communications, a developer and provider of 5G/4G Internet of Things semiconductors and modules, was a less than $50 million market cap company announcing plans to raise $384 milli...
Semi stocks start the week soft as White House reportedly plans stronger curbs on China’s access to AI chips
Semiconductor stocks are in the red on the heels of a report from Bloomberg that the Trump administration is cracking down on China’s ability to access AI chips via Malaysia and Thailand by curbing th...
US chip designers surge as Commerce Department reverses restrictions on business in China
A couple of US semiconductor-adjacent companies are jumping on Thursday amid thawing on a contentious front in the US-China trade war: advanced technology. and are surging after the Commerce Departme...
.jpg?w=1600&auto=compress%2Cformat&cs=srgb)
Intel dives on report of potential manufacturing strategy shift that could cost billions
is getting slammed today as investors react to a report from Reuters suggesting new CEO Lip-Bu Tan is mulling a substantial shift to its manufacturing business in a bid to compete with the likes of .
There’s only one Wall Street analyst with a sell rating on Nvidia — what’s his thesis?
As we’ve seen before, Wall Street analysts tend to move as a herd . Indeed, for all the constant bleating about contrarian thinking, many of the analysts at major banks and research houses tend to end...
Wolfspeed surges 150% as the embattled chipmaker files for bankruptcy
’s beaten-down shares more than doubled Tuesday morning after the chipmaker filed for Chapter 11 bankruptcy, marking a major move to restructure its hefty debt load amid weakening demand. The North Ca...
Super Micro is ramping on waves of bullish option demand
Shares of AI server company are up about 5% today on no news and a boatload of call option buying. This comes on the heels of Wednesday’s S&P 500-leading 8.8% advance for the firm. As of 3:11 p.m. ET...
A tiny robotics company is more than tripling after drawing attention to its relationship with Nvidia
This is one helluva Jensen Huang halo effect: Tiny industrial robotics company is going parabolic on Thursday. It was up more than 300% at one point and halted for volatility after trumpeting its rel...
Micron surges after Q3 results smash expectations with strong outlook
Shares of are jumping in the after-hours session after the chipmaker posted a fantastic set of quarterly results. For the three months ending in May, Micron booked $9.3 billion in sales (compared to ...
Nvidia hits all-time high as Loop Capital sets the highest price target on Wall Street for the AI juggernaut
is jumping on Wednesday, setting a fresh all-time high for the first time since January 7 after Loop Capital hiked its price target on the stock to $250 from $175. If realized (and absent any change ...
Amazon building 30 data centers in Indiana running its custom chips to power Anthropic AI
First there was xAI’s Colossus . Then there was OpenAI’s Stargate . Now has “Project Rainier.” Tech companies are racing to build ever larger, more powerful AI data centers and betting hundreds of ...