Chipmaker

Cathie Wood-led ARK Investment Management sold over 93,000 shares of chip-manufacturer NVIDIA Corporation (NASDAQ: NVDA) at an estimated valuation of over $14.6 million based on Friday’s closing price. The sale was done through the ARK Innovation ETF (NYSE: ARKK). Nvidia is the 29th largest...

Cathie Wood-led ARK Investment Management sold over 41,000 shares of chip-manufacturer NVIDIA Corporation (NASDAQ: NVDA) at an estimated valuation of over $6.5 million based on Thursday’s closing price.  The sale was done through the ARK Innovation ETF...

U.S. markets closed in the red on Wednesday after Target Corporation’s (NYSE: TGT) decline in holiday-quarter sales brought down retail stocks. The Nasdaq closed over 1.5% lower, while the S&P 500 and the Dow ended the session 0.83% and 0.12% lower, respectively. Meanwhile, here are the...

Apple Inc (NASDAQ:AAPL) CEO Tim Cook reportedly said that the iPhone maker is making preparations to source chips from an upcoming factory in Arizona in the United States. What Happened: Cook made the revelation at an internal meeting with engineering and...

U.S. markets witnessed their best week since June as the Nasdaq closed 1.9% higher on Friday after consumer price inflation cooled in October. Tech stocks shrugged off the fall in cryptocurrencies after FTX filed for bankruptcy on Friday. The S&P 500 gained nearly 1% while the Dow closed...

Apple Inc (NASDAQ:AAPL) supplier Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is looking for local sources of neon gas after Vladimir Putin's war in Ukraine caused a major supply crunch.  What Happened:  The chipmaking giant is working with multiple Taiwan-based gas suppliers to...

Advanced Micro Devices Inc. (NASDAQ: AMD) shares were sliding on Friday after the chipmaker warned of a revenue shortfall and lowered its gross margin guidance. What Happened: The company said its third-quarter revenue will likely come in at $5.6 billion, down from the previous forecast of $6.7...

Samsung Electronics Co Ltd (OTC: SSLNF) has reported its earnings guidance for the third quarter, with the consolidated operating profit likely to drop nearly 32% to 10.8 trillion won compared to the same period last year. This is the first profit drop reported by the company since...

Cathie Wood’s Ark Investment Management on Monday hiked its stake in chip manufacturer Nvidia Corporation (NASDAQ: NVDA) via the ARK Genomic Revolution ETF (NYSE: ARKG). The fund bought over 185,000 shares in the company at a valuation of over $22 million based on Monday’s closing price...

Cathie Wood-led Ark Investment Management bought over 55,000 shares of automatic test equipment designer Teradyne, Inc. (NASDAQ: TER) at a valuation of over $4.8 million, based on Monday’s closing price. The purchase was done via two of the firm’s exchange-...

Cathie Wood-led Ark Investment Management bought over 25,000 shares of Nvidia Corporation (NASDAQ: NVDA), via two of the firm’s exchange-traded funds, valued at over $3.52 million based on Thursday’s closing price. Nvidia is the 33rd largest holding in the firm’s ARK Autonomous...

Cathie Wood-led Ark Investment Management bought 297,818 shares of Nvidia Corporation (NASDAQ: NVDA), via three of the firm’s exchange-traded funds, valued at over $41.5 million based on Thursday’s closing price. Nvidia is the 27th largest holding in the...

Chip manufacturing giant Nvidia Corp (NASDAQ: NVDA) reported a 66% quarterly revenue decline in its original equipment manufacturing (OEM) segment, which accounts for sales from its cryptocurrency mining processor (CMP) product line. What Happened: Nvidia’s OEM revenue for...

Apple Inc (NASDAQ: AAPL) supplier Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) will get its hands on Netherlands-based ASML Holding NV's (NASDAQ: ASML) most advanced chip-making tool in 2024, Reuters reported, citing company executives. What...

Popular stock picker Cathie Wood’s Ark Invest on Thursday initiated a new exposure in Nvidia Inc (NASDAQ: NVDA) just seven months after it had exited all of its stake in the graphics chipmaker. St. Petersburg, California-based Ark Invest scooped up 245,286 shares...