Applied Materials jumps after posting better-than-expected Q1 results, strong Q2 outlook
is surging in postmarket trading after posting better-than-expected Q1 results along with a robust Q2 outlook. For its fiscal Q1, the semicap company reported: Net revenue of $7.01 billion (estimate: ...
Cisco slumps as memory price spike weighs on margins
is falling Thursday, despite delivering a beat-and-raise Q2 result after the previous close. Analysts think surging costs of memory chips are the culprit. Here’s some of what they’re saying. William B...
Memory stocks jump after Japanese chipmaker posts robust guidance
Memory stocks have their mojo back after Japanese chipmaker Kioxia gave strong forecasts along with positive color on AI-driven demand. The company, which specializes in NAND flash memory, provided gu...
Micron jumps as CFO says company has started HBM4 shipments ahead of schedule
is surging on Wednesday after a key executive said the company is getting its next-generation memory chips into customers’ hands ahead of schedule. “We have been in high-volume production on HBM4. We’...
TSMC jumps as revenues soared 37% in January
is up 2.6% in premarket trading, as of 6:15 a.m. ET Tuesday, after the Taiwanese chipmaker reported that January revenues jumped 37% to NT$401.3 billion ($12.7 billion). That leap is a fair way above ...
Sandisk and Micron slip as Samsung rushes new product into production
and , which have boomed along with prices for the memory chips needed for the AI data center build-out, are limping behind the broader market Monday after a weekend report that South Korean chip giant...
For memory chips, the “parabolic price hike” is continuing to ramp higher
The remarkable run-up in prices for memory chips continued into early February, analysts at Bernstein Research say, driven largely by data center demand from hyperscalers and cloud service providers (...
Nvidia reportedly won’t release a new gaming graphics chip this year, a first
For the first time in its history, will not release a new gaming graphics card this year, according to reporting by The Information. The move comes amid a global shortage of memory chips as AI comput...
Memory chip makers bounce back after report of customers turning to China for supplies
High-flying memory chip stocks like and bounced back early Thursday after dropping in pre-market trading following a Nikkei report that some PC makers are considering turning to Chinese companies — ...
Nvidia rebounds after Foxconn posts massive sales growth in January, highlights increasing demand for AI racks
is rebounding from its worst five-session decline since April this morning after Hon Hai Technology Group posted massive sales growth for January, up 35.5% year on year. Hon Hai, more commonly known a...
Broadcom soars on Google’s plans for up to $185 billion in capex this year
capex guidance is ’s earnings guidance. The hyperscaler and search giant said its 2026 capex budget would be between $175 billion and $185 billion, 55% higher than Wall Street had anticipated.
Qualcomm tumbles after releasing gloomy Q2 guidance thanks to memory chip supply crunch
is tumbling in after-hours trading after releasing an underwhelming Q3 sales outlook. Shares were recently down 6%. For its fiscal Q1, the seller of smartphone and other chips reported: Sales of $12.2...
AMD slumps on no new big customer wins, with unexpected China sales driving AI revenue beat
Is a software stock? Because even after reporting Q4 sales and earnings beats and a Q1 sales outlook ahead of Wall Street’s expectations, shares of the No. 2 name in GPUs are sliding. A handful of po...
Lumentum jumps on earnings beat and strong guidance
rose about 9% in premarket trading on Wednesday after the optical and photonics company reported better-than-expected quarterly earnings and guidance. For the quarter ended December, revenue rose 65% ...
Super Micro crushes estimates for Q2, offers strong guidance
just released its fiscal Q2 results: Net sales of $12.7 billion (estimate: $10.43 billion, guidance for $10 billion to $11 billion). Adjusted net income per share of $0.69 (estimate: $0.49, guidance f...
AMD posts big beat in Q4 with sunny Q1 sales guidance
just released better-than-expected fourth-quarter results with an outlook to match, but those weren’t enough to impress investors. The No. 2 in GPUs reported: Revenues of $10.27 billion (estimate: $9....
Nvidia slumps to fresh lows after Jensen Huang affirms plans to invest in OpenAI
is on track for its worst loss since late November, with shares extending losses after CEO Jensen Huang said the chip designer’s plan to invest in OpenAI is “on track.” “There’s no drama involved,” he...
Western Digital announces additional $4 billion in share buybacks, with management poised to unload its remaining stake in Sandisk
For , patience is about to prove a virtue. Another 7.5 million shares of its old flash drive business — which became Wall Street’s hottest stock — will soon hit the market in a big boon for its balanc...
Teradyne soars after blowout revenue and earnings beat, with strong guidance to match
is up as much as 24% in premarket trading on Tuesday after the company smashed sales estimates in the fourth quarter of 2025 and shared better-than-expected first-quarter guidance on Monday evening. T...
OpenAI reportedly seeking alternatives to Nvidia chips, unhappy with inference performance
Reuters reports that OpenAI is “unsatisfied” with Nvidia’s latest AI chips and has been seeking alternatives since last year, citing a whopping eight sources familiar with the matter. This news comes ...