TSMC grew its sales 30% year on year in January and February
ticked higher in premarket trading on Tuesday after the chipmaker reported a 30% jump in sales for the first two months of 2026, compared to the year before. A key supplier for AI industry giants like...
Leo KoGuan, billionaire Tesla bull, tweets that he purchased another 1 million shares of Nvidia
Billionaire software entrepreneur, philosopher, and now major and bull Leo KoGuan tweeted that he bought another 1 million shares of the chip designer. “Hopefully, I can contribute a little to calm ...
Vertiv, Lumentum, Coherent, EchoStar pop on S&P 500 inclusion, as Match Group is removed
Data center equipment maker , photonic companies and , and telecom company rose in premarket trading on Monday after S&P Dow Jones Indices announced on Friday that the four companies will join its f...
Marvell Technology jumps after raising sales guidance for the next two years
’s robust outlook is carrying the day after the custom chip designer’s Q4 results came in only fractionally above estimates. For the final quarter of its fiscal 2026, the custom chip designer reported...
Nvidia falls on report of US government drafting regulations restricting AI chip exports
According to Bloomberg, the Trump administration will propose regulations that would require US government approval for AI chip shipments worldwide, expanding existing export controls that currently a...
Credo surges, Lumentum and Coherent slump after Broadcom says major customers are sticking with copper cables in chip racks through 2028
The future of connectivity is not now, and that’s great news for . During ’s Q1 earnings call, CEO Hock Tan said that its custom chip clients would be staying with direct attach copper cables to conne...
Nvidia reportedly halts production of H200 chips for sale to China in favor of Vera Rubin ramp
Selling H200s to China is proving more difficult than had anticipated. The Financial Times reports that the chip designer has asked TSMC to stop output of the H200 processors and instead produce Vera...
How Broadcom CEO Hock Tan won the market over during the earnings call
CEO Hock Tan served up an optimistic vision of a fast-growing, highly profitable, multifaceted AI juggernaut whose custom chip business is its major clients’ top priority. And the market ate it up. Sh...
Broadcom posts modest Q1 sales and earnings beats
is little changed in postmarket trading after reporting Q1 results that modestly exceeded analysts’ expectations along with strong Q2 guidance. Management also announced a new $10 billion share buybac...
Investors are itching to buy the dip in memory stocks
The intense drubbing in South Korean stocks, with the benchmark Korean index (KOSPI) falling nearly 20% in its first two trading days of the week following a Monday holiday, represented a serious thre...
Billionaire Tesla bull tweets that he purchased 1 million shares of Nvidia
Billionaire software entrepreneur, philosopher, and major Tesla bull Leo KoGuan has a new member of the Magnificent 7 that he’s also fond of. In a post on X, KoGuan said he bought 1 million shares of ...
Apple updates Mac chips and amps up AI claims
Apple’s new M5 Pro and M5 Max chips are the latest step in its steady silicon march: faster CPUs, stronger graphics, more memory bandwidth. The 30% CPU performance increase is meaningful but increment...
Nvidia, AMD slump as US government said to consider capping AI chip sales at 75,000 per Chinese buyer
The US is considering putting a cap of 75,000 on the number of AI chips that Chinese firms can purchase, per Bloomberg , citing people familiar with the matter. Both and are lower in premarket tradi...
US memory stocks melt down after South Korean bellwethers plummet
Memory stocks, the hottest pocket of the US stock market in recent months, are getting crushed, with , , , and all off at least 4.5% in premarket trading. As of 6:35 a.m. ET, Micron and Sandisk have ...
Credo Technology tumbles after issuing mediocre guidance
is down double digits in postmarket trading after its solid Q3 results weren’t enough to offset a ho-hum outlook for the current quarter. For Q3, the connectivity solutions company posted: Revenues of...
Nvidia gains after being named Morgan Stanley’s top pick in semis, striking two optical communications partnerships
Shares of are on the rise in early trading Monday after Morgan Stanley called the world’s most valuable company its most attractive opportunity among semiconductor stocks and after management reached...
Lumentum and Coherent surge after Nvidia invests $2 billion apiece to develop advanced optics technologies
Shares of and are mooning in premarket trading after AI juggernaut announced that it was investing $2 billion in each firm to develop their advanced optics technologies. As part of these pacts, Nvi...
Meta reportedly strikes multibillion-dollar AI chip deal with Google as it struggles to design its own
has signed a deal with to rent tensor processing units to develop new AI models and is in talks to buy the chips for its data centers, The Information reports . The agreement comes on top of a recent...
Michael Burry flags “troubling” jump in Nvidia’s supply commitments
“The Big Short” investor Michael Burry — famous for betting against the 2008 housing bubble — just warned of a major risk in Nvidia’s latest annual report, pointing to a sixfold surge in purchase obli...
As Nvidia’s gaming results underwhelm, the company sees “very tight” quarters ahead
An intense focus on AI has been overwhelming the gaming industry in recent months. , once a gaming tech company that now intensely and overwhelmingly focuses on AI, knows a bit about that. The company...