Chipmaker

Chipmaker Nvidia Corp. (NASDAQ:NVDA) is among three chipmakers that are set to release their quarterly results this week, and an analyst at KeyBanc Capital Markets is upbeat about the company's performance. Nvidia's fiscal year 2024 second-quarter report will drop in on Wednesday after the market...

Top executives from major U.S. chip companies have advised Biden officials to carefully assess the consequences of export restrictions to China and suggested pausing before implementing any new measures. What Happened: During meetings in Washington last week, Intel Corporation's...

This story was originally published on the Benzinga India Portal. U.S. memory chipmaker Micron Technology (NASDAQ: MU) is reportedly close to committing $1 billion to $2 billion to build a semiconductor-packaging factory in India What Happened? The firm is close to an...

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were seen sharply lower in premarket trading after the chipmaker's first-quarter results failed to strike a chord with investors. The Santa Clara, California-based company reported first-quarter earnings and revenue that went past muted consensus...

Chipmaker Intel Corporation (NASDAQ: INTC) reported first-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Intel reported first-quarter revenue of $11.7 billion, which was down 36% year-over-year. The revenue total beat a Street consensus estimate...

Taiwan has quietly urged the U.S. to tone down the rhetoric about the dangers of relying on chips made by the island's biggest semiconductor giant amid fears that Xi Jinping may invade Taipei. What Happened: Washington is concerned about the possibility of China attacking Taiwan and...

Apple, Inc. (NASDAQ:AAPL) chip supplier Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) on Thursday reported a modest year-over-year growth in revenue amid falling contributions from most of its end markets. The company said it sees a decline in second-quarter revenue and a contraction in...

Shares of chipmaker Nvidia Corp. (NASDAQ:NVDA) were seen outperforming the broader market and peers in premarket trading on Tuesday. The upward move came after HSBC upgraded the stock from Reduce to Buy and upped the price target from $175 to $355. The AI opportunity for the company more than...

Nvidia Corp. (NASDAQ: NVDA) shares were down in premarket trading on Wednesday amid worries over the potential escalation of the standoff between the U.S. and China over chip exports. On Tuesday, China’s Commerce Department expressed its displeasure to the Japanese government over the latter...

U.S. markets ended in the green on Friday with major indices gaining over 1% as investors and traders weighed in on the fall in U.S. Treasury yields. The Nasdaq Composite closed 1.97% higher while the S&P 500 rose 1.61%. The Dow Jones gained 1.17%. Meanwhile, the following are the five stocks...

Nvidia Corp. (NASDAQ: NVDA) shares were rallying over 8% in premarket trading on Thursday. Earnings Boost: The strength reflects the graphics chipmaker’s better-than-expected fourth-quarter results and its first-quarter guidance that came in above the consensus. The fourth-quarter...

The AI war that is brewing between Microsoft Corp. (NASDAQ: MSFT) and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) has caught the attention of none other than Jim Cramer, who hosts the “Mad Money” show for CNBC. What Happened: Cramer chimed in with his view about the potential...

U.S. markets surged on Thursday, following the release of fourth-quarter GDP data that came in better than expected. The U.S. economy grew by an estimated 2.9% in the last quarter of 2022 against economist expectations of 2.6% growth. The Nasdaq Composite and the S&P 500 rose over 1...

Amid boiling tensions with the President Joe Biden's administration over the Chip dispute, Chinese President Xi Jinping is shoring up the support of U.S. allies.  What Happened: Xi said China is ready to advance relations with Australia based on mutual respect, win-win principles as Australian...

Apple Inc. (NASDAQ: AAPL) supplier Taiwan Manufacturing Company Limited (NYSE: TSM), which recently began constructing a plant in Arizona, announced on Friday a 50% year-over-year increase in revenue for November. What Happened: Taiwanese foundry TSMC reported consolidated November...