UBS unpacks the most controversial slide from Nvidia CEO Jensen Huang’s GTC presentation
CEO Jensen Huang didn’t move markets when he delivered his keynote address at the chip designer’s conference on Tuesday. But he did raise eyebrows, particularly with one slide that compared shipments ...
Intel drops as TSMC rumors batted down
shares look to be in for a rough day after a prominent board member poured cold water on rumors that the Taiwanese giant would take over Intel’s struggling foundry division, which runs its US semicon...
Nvidia CEO’s speech wasn’t the “wake-up moment” investors wanted, stock falls
If this was the “Super Bowl of AI,” then is this year’s Kansas City Chiefs. Shares of the chip designer hit their highs of the day as Jensen Huang stepped onstage to deliver his keynote address at th...
GM picks Nvidia as partner to build self-driving car fleet
Speaking today at the GTC event, CEO Jensen Huang announced that has selected Nvidia as its partner to build its self-driving car fleet. Huang said Nvidia will help with AI in manufacturing, enterpr...
Nvidia is about to deliver “a wake-up moment for the tech bulls,” analysts say
CEO Jensen Huang takes the stage at 1 p.m. ET this afternoon to deliver the keynote address at the chip designer’s GTC event. The Street is looking for the unveiling of a new flagship AI chip and more...
Broadcom dips after report that Alphabet’s turning elsewhere for custom AI chips
Shares of are slumping to open the week after The Information reported that search giant aims to work with MediaTek to help develop AI chips. That would cut into some revenue opportunities for the c...
Why Wall Street loves Intel’s new CEO
continues to surge as investors bet heavily on new CEO Lip-Bu Tan’s ability to turn around the once iconic American semiconductor giant. The stock is one of the top contributors to the S&P 500’s modes...
Even after the DeepSeek and AI meltdowns, Wall Street's still sticking with its lofty Nvidia price targets
It might only be March 17, but for Nvidia investors, the year so far might have felt like a lifetime. Everything happens so much First came the DeepSeek freak-out , a violent sell-off sparked by a Chi...
Foxconn has good news about Nvidia and not-so-good news about Apple
The release of earnings from Hon Hai, better known as Foxconn, offers some useful perspective on the near-term outlook for some US megacap tech stocks. The Taiwanese giant has its fingerprints on ever...
Intel’s new CEO wants to build “The New Intel,” sending the stock back to where it was 10 days ago
Intel has appointed Lip-Bu Tan as its new CEO, as the industry veteran steps into what might well be “ the toughest gig in US tech ,” per Bloomberg. Still, investors are rallying around Tan, sending s...
INTC stock is rising after TSMC pitched an Intel foundry joint venture to Nvidia, AMD, and Broadcom
Taiwanese chipmaking giant is in discussions with , , , and about taking a stake in a joint venture to operate foundry division, its loss-making business that manufactures chips for other companies...
Meta is the latest AI company to debut its own AI chip
Another day, another AI company rolls out its own AI chip. Today, it’s news of testing its first AI chip, a move that would reduce its reliance on and lower its mammoth AI infrastructure costs . Dep...
Semis crater, extending annual losses versus S&P 500 to more than 15%
It’s another awful day for semiconductor stocks, both outright and relative to the S&P 500. The is down nearly 4% as of 12:15 p.m. ET, nearly twice as much as the benchmark US stock index. Chips hav...
Bank of America boosts Broadcom price target on growing list of hyperscaler customers
Bank of America is responding to ’s earnings beat and rosy guidance by raising its price target and estimates on the stock. Analysts led by Vivek Arya lifted their earnings per share forecasts for the...
Intel dips after Broadcom CEO says he’s “not thinking of” M&A
is up double digits in premarket trading after reporting better-than-anticipated earnings and a bright revenue outlook for the current quarter. But unfortunately, there’s not too much carryover for ot...
Broadcom soars after earnings beat, sunny revenue guidance
reported better-than-expected profits and a revenue outlook to match, sending shares sharply higher in after-hours trading. For its fiscal first quarter, the chip designer booked earnings per share of...
Retail traders are doubling and tripling down on Tesla and Nvidia
sales are falling all over the world . The stock is following suit, recently breaking down below its 200-day moving average for the first time since August. has traded the same way , if not worse, eve...
Marvell tanks after reporting so-so earnings, dragging Broadcom and Nvidia down with it
is getting Nvidia’d after releasing its fourth-quarter results after the close on Wednesday. The chip designer posted modestly better-than-expected results and an outlook that was in line with analyst...
Intel tumbles after Trump demands an end to the CHIPS Act
Struggling US chip maker suffered its third straight day of deep losses after President Trump seemed to call for an end to the Biden-era CHIPS Act in his address to Congress on Tuesday evening. Intel...
Nvidia already added the equivalent of General Mills and lost the equivalent of Boeing and it’s only 10:10 a.m.
, the epicenter of the AI rally, has also become the focal point of market angst. And it’s trading with so much volatility that it’s both inspiring and dashing hopes for a market recovery on the same ...