Tag: Semiconductors

The stock rose 7% to $14.46 in after-hours traning Wednesday. Shares ended the regular session up 2.6% at $13.51, putting them down 69% since the beginning of the year.

AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle Nvidia 

Applied Materials Inc. was informed by US officials that it won’t be receiving Chips Act money for a long-anticipated research and development center, dealing a critical blow to a much-touted project in the heart of Silicon Valley.

Intel was set to erase nearly $25 billion in stock market value on Friday in potentially its worst selloff since 2000 after it suspended dividend and slashed workforce to fund a costly turnaround for its chip-making business.

Qualcomm Incorporated reported third-quarter earnings and revenue that topped analyst estimates and delivered optimistic guidance for the fourth quarter.

Arm Holdings was tumbling on Thursday after its quarterly earnings report. That’s a buying opportunity according to J.P. Morgan analysts.

Shares of ASML jumped as much as 10% on Wednesday after a Reuters report suggested that the company could be exempted from expanded export restrictions on chipmaking gear to China.

Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of potentially less severe U.S. export restrictions on China.

Texas Instruments provided a solid revenue forecast for the September quarter, and its shares rose in after-hours trading.

Taiwan Semiconductor Manufacturing is thriving on rising demand for artificial-intelligence chips, but geopolitics may drive investor sentiment in the short term.

Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter export restrictions from the U.S. and a ramp-up of geopolitical tensions fuelled by comments from former U.S. President Donald Trump.

ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives up demand for the Dutch firm’s critical semiconductor making equipment.

Shares of database service provider Oracle fell after Elon Musk’s artificial intelligence startup xAI decided to bring some computing back in-house.

Shares of Taiwan Semiconductor Manufacturing, a big supplier of chips to Nvidia and Apple, were advancing Wednesday after the company reported a surge in sales.

More than 6,500 workers at Samsung Electronics have followed up the first ever walkout at the South Korean tech giant with a full-blown strike over pay and conditions.

Micron Technology stock was losing ground despite the memory chip company reporting better-than-expected financial results for the quarter.

Nvidia leapfrogged Apple and Microsoft to snatch the crown of most valuable company on Tuesday as the chipmaker continued to ride AI-wave to new heights.

One of the world’s most prominent technology ETFs looks poised for a big rebalancing that would ramp up exposure to Nvidia Corp. (NVDA) at the expense of Apple Inc. (AAPL) – spurring billions of dollars in trading volume in one fell swoop.

Arm Holdings  stock will replace Sirius XM Holdings in the Nasdaq 100 and other Nasdaq indexes before the start of trading on June 24, according to a Nasdaq press release Thursday evening.

Broadcom posted earnings for the second fiscal quarter on Wednesday that beat analysts’ estimates. It also announced a 10-for-1 stock split, set to begin trading on a split-adjusted basis on July 15.