As of the time of this writing, Nvidia shares (ticker: NVDA) are down over 4% in premarket trading to $121.25. Taiwan Semiconductor shares (ticker: TSM) are down over 5% to $176.50. Advanced Micro Devices shares (ticker: AMD) are also down over $4.5% to 169.34. Why are ch...
That’s because the semiconductor equipment manufacturer has a virtual monopoly on themanufacturing of the critical equipmentchipmakers need to make AI chips. Its extreme ultraviolet lithography (EUV) machines are needed by the semiconductor industry for making pristine wafers. Yet, the stock tumbled h...
AMD (NASDAQ:AMD) sharesfell 7%in extended trading on Tuesday after the semiconductor giant reported third-quarter results and provided guidance for the fourth quarter. For the period ending September 28, AMD said it earned $0.92 per share as revenue rose 18% year-over-year to $6.82B. Include...
Signs pointing to a potential Chinese invasion of Taiwan have been a recurring bearish catalyst forsemiconductor stocksover the last year. While excitement surrounding artificial intelligence and other growth drivers has been enough to power big valuation gains for many chip companies, geopolitical risk ...
And so far, it seems like persisting with stocks is a strategy that’s working. Find one approach and stick to it, is our call of the day advice from Morningstar’s “outstanding portfolio manager” of 2024, Clare Hart, who is about to wind down a two-decade stin...
NEW YORK (TheStreet) -- ReneSola (SOL) shares are falling, down -4.7% to $2.62, on Friday after being downgraded to "neutral" from "buy" by analysts at Roth Capital. The downgrade follows the release of the company's first-quarter earnings results which failed to reach the Street's ...
Nvidia is replacing former chip darling Intel (ticker: INTC). The move is a blow to Intel’s reputation. But the once all-powerful chipmaker in recent years has struggled as the company missed the boat on the AI revolution and failed to keep pace with its semiconductor competitors as it tr...
SemiWEEK: Why Governments Became So Concerned About Semiconductor Self-Sufficiency; Stocks PlungedSemiconductor WEEK: An overview of results and conclusions from recent reports at TechInsights.Subscribers have first access to view the full article in the TechInsights Platform. Subscriber Login...
But the recast financials, which came out Tuesday afternoon, have also shown Wall Street how deeply in the red Intel’s INTC manufacturing business is, and some analysts are a bit skeptical about the company’s ability to hit its targets for substantial improvement. Intel’s ...
Nasdaq Composite Index: Often simply referred to as the Nasdaq by the media includes more than 2,500 common stocks that trade on Nasdaq Nasdaq Global Equity Index (NQGI): Includes international stocks PHLX Semiconductor Sector Index (SOX): The leading barometer of stocks related to the semicond...