Reported crackdown on China’s access to US chip equipment weighs on semiconductor stocks
, , and are the biggest decliners in the on the heels of a report from The Wall Street Journal that the Commerce Department is looking at canceling waivers that allow global chip companies like Sams...
How Nebius emerged from Russia and became one of Nvidia’s top-performing investments
Nvidia’s investment in AI cloud computing startup (and customer) is turning out to be quite a smart move for the company. CoreWeave’s shares have been on a tear since its IPO in March — almost 300%. ...
AMD surges as traders hope that new AI chips will spur faster growth
is the best-performing member of the S&P 500 around midday as investors belatedly cheer its ambition to challenge Nvidia in the AI chip space, with Wall Street warming to its prospects. Over 682,000 c...
Micron and Trump announce $200 billion investment touted by Huang, Nadella, and Cook… and the market doesn’t care
It’s a doozy of a press release. Chipmaker and the Trump administration announced this morning that Micron plans to invest a whopping $200 billion — a huge number, to be sure — into chip manufacturin...
Quantum stocks jump as Nvidia CEO says, “Quantum computing is reaching an inflection point”
As says CEO Jensen Huang, so goes the quantum computing industry. At the company’s developer conference today, Huang said that “quantum computing is reaching an inflection point,” where its ability t...
Chip stocks pop ahead of US-China trade talks
Chip stocks were on the move Monday as investors looked ahead to US-China trade talks kicking off in London today. Tensions between the two nations are still high, but both sides are under mounting p...
Broadcom falls as tiny top- and bottom-line beats underwhelm following massive rally
delivered a small beat on the top and bottom lines in its fiscal second quarter. Revenues were $15 billion, compared to an estimate of $14.96 billion, while adjusted earnings per share of $1.58 were t...
CoreWeave reveals stake in Applied Digital, adding another brick to Nvidia’s “House of GPUs”
is surging after , the hottest IPO since sliced bread, revealed a 5.5% stake in the data center upstart, which would make it the fifth-largest owner according to publicly available filings. Who else o...
Nvidia’s CoreWeave position alone would be one of the most profitable US companies
It was a little curious when took an anchor position in ’s IPO. The move had a bit of an ouroboros feel to it — the dominant industry player supporting an upstart whose business model has been depend...
TSMC has to delay its Japanese expansion plans because it’s creating too much road traffic
Every government wants to attract foreign investment — particularly in a strategically important industry like semiconductors. But to do that, you need to create favorable domestic conditions to get t...
Chip stocks lead widespread rally
A big rally in chip stocks amid continued optimism on the AI boom coupled with smaller advances in most stocks made for another strong session on Wall Street. The S&P 500 rose 0.6%, the Nasdaq 100 end...
Broadcom hits all-time high after starting shipments of new AI hardware
popped as much as 3.6% to a fresh all-time high on Tuesday after announcing that it’s now shipping Tomahawk 6 switch chips, which Senior Vice President Ram Velaga hailed as a “breakthrough” in making ...
Why Nvidia’s concern over China escalated into full-blown alarm
In May 2023, when Nvidia’s blowout earnings report unofficially kicked the AI boom into high gear and sent shares ripping 24% higher, “China” was barely on anyone’s lips. The world’s second-largest ec...
Nvidia finally had a quarter for the gamers again
As the AI boom continues to, well, boom and Wall Street’s lofty expectations become harder to top, found itself relying on an old friend to push it over the edge in its first quarter: gaming. The AI ...
Nvidia is still the Bo Jackson of stocks
There’s only one professional athlete that’s been named an All-Star in two major North American sports. His name is Bo Jackson, and in a remarkable injury-shortened career, he swung, ran, threw, and s...
The “most bullish thing” UBS heard Nvidia say
robust rally following its earnings report and management’s conference call is proof enough that investors are picking up what Jensen Huang and co. are putting down. But what exactly is engendering en...
Morgan Stanley on Nvidia: “Everything should get better from here”
Was that... the bad part? Because after the insane profit growth that’s seen beat earnings expectations for 10 consecutive quarters , becoming a $3 trillion company in the process, Morgan Stanley ana...
Nvidia’s strong results, outlook propel AI supply chain higher
Many stocks are getting a lift today after a federal court blocked many of President Trump’s trade measures, including reciprocal tariffs. But revenue beat and broadly sunny Q2 outlook are giving an e...
Nvidia owes its Q1 revenue beat to the gamers
Q1 revenue beat that’s helped send shares about 5% higher is a case of going back to its roots . Long before AI was A Thing, Nvidia’s business was all about bringing better graphics to gaming, and its...
US stocks slump to lows late in session after reports of fresh semiconductor curbs on China
A listless day for US stocks turned into a bit of a sell-off late in the session after a report that the White House told chip software companies to halt sales to clients in China. The S&P 500 closed...