Stocks edge lower as semi companies tumble
The S&P 500 finished Wednesday down 0.3%. The Nasdaq 100 retreated 0.8%, while the Russell 2000 lost 0.2%. Among megacaps, Alphabet gained the most following a blockbuster earnings report, up 2.8%, le...
Chipmaker Qorvo tumbles as Android-makers turn to cheaper chips
Shares of were down more than 23% in early trading Wednesday, after the chipmaker warned of an industry-wide shift from its more advanced chips to lower-tier alternatives in its latest earnings. Qorv...
Super Micro Computer craters after auditor resigns
Shares of , the server-maker that’s riding the wave of the AI boom, are crumbling after a company filing revealed that Ernst & Young resigned as its auditor. While conducting an audit of its annual re...
Retail traders are getting bulled up on Nvidia and Microstrategy
In Scott Rubner’s recent note, the Goldman Sachs managing director laid out the case for stocks to ramp up into year-end , highlighting the immense support coming from corporate share repurchases . Bu...
Can Nvidia keep beating earnings estimates?
Every day, scores of Wall Street analysts devote hours of their life to spreadsheets, tinkering with assumptions in their model as they try to estimate what public companies will report in their upcom...
Chip supplier ON Semi had a slow — but better than expected — quarter
Shares of fell as much as 5% during premarket trading on Monday, despite beating expectations for the quarter. The stock rebounded after the market opened but wavered between positive and negative te...
Taiwan Semiconductor Manufacturing’s chip success rate is somehow even higher in the US
In an important breakthrough for US chip production, Bloomberg reports that the share of chips that are usable at Taiwan Semiconductor Manufacturing Co.’s Arizona plant is 4 percentage points higher t...
Reported US probe of TSMC could hurt its largest customers
Tear down a Huawei product and you allegedly might find chips — even though the US government has banned the chip manufacturer from exporting to China. A Bloomberg investigation published on Tuesday ...
Nvidia’s not just lapping other chip stocks. It’s running the table on the Magnificent Seven.
isn’t just breaking away from its competitors in the semiconductor industry with an eye-popping run of recent gains. It’s also setting itself apart from another set of peers: the so-called Magnificent...
Nvidia’s trouncing the competition like it’s about to deliver monster earnings
, the chip designer powering the AI boom, has rocketed to new all-time highs in October with a 17% gain. In the process, it’s pulling away from its peers in a big way — the kind of thing that usually ...
Four charts show the market’s recent remarkable rise
Stocks scrambled higher on Thursday afternoon, putting the S&P 500 on track for the fourth positive session out of the last five. A recovery in AI-linked semiconductor stocks such as Nvidia and Broadc...
TSMC crushed it, and AI is so back after a grueling two whole days in the wilderness
After rising skepticism over AI — which lasted for two days — shares of AI-related companies rose again , following a blockbuster earnings report from on Thursday. The Taiwan-based company manufactur...
Confused by conflicting semiconductor earnings reports? Zoom out for some good news
Chip stocks have been whipsawed in recent days, with the tumbling 5.4% on Tuesday after semi supplier cut its 2025 guidance , and up about 2.5% in early trading on Thursday after chipmaker boosted it...
The speed bump in the AI-chip trade, in one chart
Global semiconductor shares are rebounding a bit on Wednesday, a day after , the Dutch chip-equipment-maker at the heart of the semiconductor boom, tanked giants like Nvidia and Broadcom. If you want ...
Market wrap: Big slump in chip stocks sinks S&P 500
The S&P 500 slid 0.8% on Tuesday. The Nasdaq 100 was down 1.4%, and the Russell 2000, which tracks small caps, added a modest 0.1%. Chips and AI stocks took a hit. The VanEck Semiconductor ETF, a clos...
Shares of Europe’s second-biggest company are crashing on soft semiconductor demand
Semiconductor-equipment supplier ASML accidentally released an underwhelming earnings report a day ahead of schedule, sending shares dropping by more than 15.6% — its biggest daily drop since 1998. Th...
Is it bad to rely on one customer for 87% of your revenue? An AI company that’s going public is about to find out
Investors have long been waiting for the proverbial IPO window to reopen, and chipmaker Cerebras Systems may be the answer to their prayers. On Monday, Cerebras, an AI chip maker, filed its S-1 to pre...
Were traders looking for any excuse to buy Nvidia?
Shortly before 11 a.m. ET, Barron’s reported that CEO Jensen Huang completed the sale of 6 million shares of the chip maker that powers the AI boom earlier this month. Soon thereafter, traders pounce...
Intel missed the chip boom, now investors, and rivals, are circling
It’s been a good few years to be in the chip-making business — but Intel missed the memo. Once the most valuable US semiconductor company, Intel has missed most of the AI wave that has propelled the s...
Intel’s deal with Amazon might be just the Hail Mary it needs
Intel has not been having a great year in 2024, with its stock price down 54% year-to-date compared to a 19% gain by the S&P 500, and its last earnings report provided a perfect summary of the company...