Nvidia had the 2nd-largest stock decline, ever
Stocks don’t always go up, even recent top performers like Nvidia. The high-flying chipmaker was down 10% on Friday, likely related to Super Micro Computer (SMCI) dropping 23% after declining to provi...
Chips are down
Super Micro Computer, which produces the kind of servers fueling the AI boom, declined to pre-announce earnings. This spooked investors and rattled the entire chips-producing sector. That sent Super M...
China pushes to drop US chips from telecoms by 2027
US chip companies and are the latest targets of China’s push to wean itself off foreign technology, according to the Wall Street Journal . Beijing ordered state-owned telecoms to phase out foreign...
TSMC, chipmaker to the tech giants, bounces back
In Silico Taiwan Semiconductor Manufacturing Company (TSMC) has caught the AI wave, posting double-digit growth for the first time since 2022, with a 17% surge in sales for the first quarter of 2024 ....
Cathie Wood warns investors against buying Nvidia after Ark sold it too soon
Last week, Ark Invest founder Cathie Wood warned investors to be cautious with Nvidia, comparing the chip maker’s recent performance to Cisco in the 90s: Cisco Systems (CSCO) offers a good history les...