Why Nvidia tanked after Jensen’s speech
The sharp drop in shares yesterday, despite CEO Jensen Huang’s big CES speech on Monday night, has a pretty simple explanation, according to Morgan Stanley’s chip-stock analysts. Huang didn’t have a ...
Semiconductor stocks slump as breakout attempt ends in tears
It’s another session in the red for chip stocks. All but five of the 25 constituents in the are negative as of 1:15 p.m ET. fell more than 5% after analysts at HSBC delivered a double downgrade of t...
Who will be first to $4 trillion: Apple or Nvidia?
The race to become the first $4 trillion company has tightened considerably since Christmas, as shares have sputtered and has been boosted by the resumption of the AI trade in early 2025. In fact, r...
SoundHound slammed after Nvidia’s auto announcements
Voice-recognition company is getting well and truly clobbered in the wake of AI behemoth Nvidia’s announcements about new auto-industry endeavors in CEO Jensen Huang’s Monday speech. Most of what Hua...
Nvidia is plummeting right after setting an all-time high
The spirited rally that propelled shares of upward by double digits in the first three sessions of 2025 has been more than halved on Tuesday morning. The stock opened up 2.5% at a record high of $153...
BofA on Nvidia: “Top AI pick”
is broadening its grip on the AI world across software as well as hardware and expanding its direct offerings to corporations and consumers, BofA analysts wrote, following CEO Jensen Huang’s speech Mo...
Nvidia’s key partners are rallying after shout-outs from CEO Jensen Huang
When CEO Jensen Huang delivered his keynote speech at CES on Monday evening, he expressed excitement about not only , but also the company’s many publicly traded partners working toward intertwining A...
Nvidia rallies on ambitions to bring AI into the real world
Nvidia CEO Jensen Huang unveiled new gaming chips and talked up AI’s capabilities and the scope for integrating this technology more deeply into the physical world during his keynote speech at CES 202...
Shares of SoundHound rival Cerence surge on Nvidia collaboration
, a vendor of voice-recognition software and a rival of retail trading favorite , has seen its shares go vertical in recent days since issuing a jargon-laden press release announcing an “expanded coll...
Nvidia poured $1 billion into AI companies in 2024 to try to make its customers more diversified
2024 was an huge year for . It passed $3 trillion in valuation to become the biggest company in the world, and continued to beat earnings expectations . The company’s Hopper GPUs have fueled the AI bo...
Will capital spending on AI continue to boom?
Spending a whole lot of money on chips with the hopes of making a whole lot of money via AI has been the dominant strategy for most of America’s leading companies. Two noteworthy exceptions to this tr...
ByteDance to spend $7 billion on Nvidia GPUs despite export controls
According to reporting from The Information, ByteDance, the Chinese company behind TikTok, plans to take advantage of loopholes in American export controls to spend $7 billion on Hopper GPUs in 2025....
PC market woes are what’s really hammering Micron
The gnarly, high-volume selloff in Boise-based chipmaker continued on Thursday, after the firm issued a much weaker than expected forecast on Wednesday as part of its earnings report. Much of the fir...
Micron tanks after reporting grim outlook
Micron Technology is down more than 12% after-hours on Wednesday after the Idaho-based chipmaker reported weaker-than-expected earnings and a grim forecast for next year. hit revenue estimates at $8.7...
US stocks rise as Broadcom’s surge continues
The S&P 500 was up 0.4%, the Nasdaq 100 rose 1.5%, and the Russell 2000 notched a 0.6% gain to kick off the week. Breadth was — you guessed it — negative despite the move higher in the benchmark US st...
Broadcom builds on massive gains with more massive gains
Semi stalwart Broadcom is extending the post-earnings surge that sent the stock into the trillion-dollar-market-cap club with another double-digit advance on Monday. The company’s value has swelled by...
Super Micro the worst performer in the Nasdaq 100 right before it’s booted from the index
Super Micro Computer is taking one on the chin this morning after the Nasdaq announced that its stock would be removed from its closely followed Nasdaq 100 Index. CEO Charles Liang said he was “confid...
Broadcom’s gain is Nvidia’s pain
Chip company Broadcom’s 20% gain and entrance into the trillion-dollar-market-cap club is propelling the up about 2% on Friday. But that rising tide isn’t lifting the boat of industry titan , which w...
The Magnificent 7 is dead! Long live the BATMMAAN stocks
Broadcom shares have soared in both of the last 2 trading sessions , adding more than $300 billion to the semiconductor company’s market cap, after it reported that its AI revenue had jumped 220% in t...
Nvidia’s rise to the top: Tae Kim on how it happened
Sherwood’s Walt Hickey spoke with author Tae Kim about his new book, “ The Nvidia Way: Jensen Huang and the Making of a Tech Giant ,” which dives into how Nvidia got started, the company culture that ...