AI hyperscalers just made Nvidia the center of the market universe again
When AI hyperscalers deliver quarterly reports, it’s almost like they’re preannouncing results for Nvidia. Microsoft said that AI drove nearly half the growth in the better-than-expected revenues for ...
Qualcomm drops despite beats on top and bottom lines
Shares of slid after-hours on Wednesday as the company beat on the top and bottom lines, but investors were looking for more. The chip giant’s stock, which is down about 10% over the past year, slipp...
Huawei readies AI chip to compete with Nvidia’s H100
Huawei is readying a homegrown answer to ubiquitous H100 GPU, The Wall Street Journal reports. The Chinese tech giant is reaching out to companies to test the forthcoming GPU, which is expected to sh...
Intel analyst: “Storyline seems concerning”
post-earnings sell-off continued on Friday, with several analysts who cover the company putting out skeptical to bearish takes on Q1 results and the weak outlook the chip giant offered Thursday after ...
Intel tumbles after second-quarter forecasts disappoint
is tumbling in after-hours trading after the US chipmaker released a disappointing second-quarter forecast. Management thinks the company will deliver no earnings per share in Q2 on sales of $11.2 bil...
Texas Instruments surges after snapping multiyear streak of falling sales
For anyone who has a stake in the global semiconductor cycle — and if you own any broad US stock ETF, that means you! — the quarterly commentary of CEO Haviv Ilan has been a useful lens into tracking...
Intel set to cut 20% of staff: Report
is poised to announce a 20% cut to its workforce this week, according to a report from Bloomberg. Shares are up 6% in early trading, outpacing the strong rally across Wall Street. This restructuring i...
TSMC gains on report of Intel orders for its new microchips
Shares of are catching a bid on the heels of a report from the Taipei-based Economic Daily News saying that will be a buyer of its 2-nanometer microchips. Today’s advance is basically in line with t...
Nvidia’s earnings outlook is finally getting trimmed
Chip giant is the biggest drag on the S&P 500 shortly before noon — followed by other massive market cap stocks like , , and Amazon. Perhaps not unrelated is the fact that expectations for Nvidia’s e...
Nvidia hasn’t been this cheap versus the S&P 500 in nearly a decade — and shares are still getting crushed
, formerly a $3 trillion chip designer and the world’s most valuable publicly traded company, continues to face intense selling pressure, down more than 5% in early trading on Monday. It’s a moving ta...
S&P 500 ends week with modest gain even as semiconductor slump continues
US stocks ended Thursday with modest gains despite slumping in the last hour of trading on more reports that President Donald Trump is itching to fire Fed Chair Jerome Powell . The S&P 500 rose 0.1%, ...
TSMC jumps on strong second-quarter outlook with AI demand unblemished by tariffs
The world’s biggest chipmaker is undaunted by the trade war or increased restrictions on semiconductor exports to China. is up nearly 3% in early trading after the Taiwan-based foundry giant issued a ...
US stocks slump, with tech heavyweights cratering on fresh semiconductor export restrictions
US stocks slid, with tech leading the way down as chipmakers face additional curbs on what they can sell to China. Major indexes extended losses after Fed Chair Jerome Powell reiterated the message th...
Here’s how much the new China export curbs will hit Nvidia’s earnings, according to Bank of America
Bank of America analysts have made their first crack at quantifying how big a headwind inability to export its H20 semiconductors to China will be for the chip designer. “Ignoring any positive offsets...
Nvidia isn’t the only chip problem today, ASML’s sales were soft
, the Dutch company that produces the insanely complicated, one-of-a-kind machinery used to create computer chips, posted weaker Q1 sales than expected and softer order numbers, as its CEO warned that...
Fresh semiconductor export curbs on China show “Nvidia is a big chip on the table for Trump” in trade war
is down 6.5% premarket after warning it will take a $5.5 billion charge in its upcoming earnings report in light of the US government cracking down on sales of its H20 chip to China. The is likewise ...
Nvidia drops after government limits exports of H20 chips to China
The government is now restricting its exports of H20 chips to China — chips the company had made to bypass previous restrictions on Chinese chip exports, Bloomberg reports. Shares of the company fell...
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Intel’s sale of Altera stake “a step in the right direction,” says JPM analyst
JPMorgan analysts covering see the deal it struck yesterday to sell 51% of Altera as positive — but not so positive as to prompt them to upgrade their “underweight” view (essentially a “sell” rating)...
Intel sells stake in Altera at about half the valuation it bought it for in 2015
jumped Monday after announcing a deal to sell a 51% stake in its Altera unit to private equity firm Silver Lake, as CEO Lip-Bu Tan takes his first tangible step at remaking the ailing American chip gi...
Dell, Best Buy, and other electronics retailers surge after Trump’s latest tariff exemptions
Electronic retailers surged in premarket trading following a surprise move by President Trump to exempt smartphones, chips, and other tech products from sweeping new tariffs. shares jumped more than 1...