chipmakers

Nvidia Corp. (NASDAQ:NVDA) continues to be Bank of America’s top stock pick within the artificial intelligence (AI) universe, with analyst Vivek Arya labeling the company as a “generational opportunity.” On Thursday, the investment bank raised its price target for the company...

Shares of ASML Holding N.V. (NASDAQ:ASML) plunged by over 16% on Tuesday morning trading in New York following an accidental early release of the company’s third-quarter earnings report, sending shockwaves through the semiconductor sector. The Dutch semiconductor equipment giant saw its...

Wall Street rallied robustly on Thursday, with traders embracing a risk-on approach after government data revealed the U.S. economy grew by 3% in the second quarter, outpacing earlier estimates of 2.8%, driven by strong upward revisions in household consumption. The upbeat market sentiment...

Nvidia Corp. (NASDAQ:NVDA) is set to report its highly anticipated earnings Wednesday, and the stakes couldn't be higher. As the undisputed leader in the AI revolution, Nvidia’s results will be a critical indicator for the broader market, particularly for those invested in semiconductor and...

Semiconductor stocks experienced their best session since February on Wednesday, buoyed by strong quarterly earnings and less concerning developments regarding chip exports to China. The iShares Semiconductor ETF (NYSE:SOXX) and the VanEck Semiconductor ETF (NYSE:SMH) surged by 5.0% and 6.1%,...

In a week packed with global breaking events, both the S&P 500 and the Nasdaq 100 indices marked their worst weekly performance in three months, predominantly driven by a broad-based selloff in chipmakers. A a drop in major equity averages at the end of the week might have escalated...

Goldman Sachs analysts have turned surprisingly bearish on chipmakers, advising investors to hedge their exposure to the sector by purchasing put options. In a note shared Friday, analyst Arun Prakash, CFA, cautioned about the potential for further downside in the semiconductor sector in the near...

Nvidia Corp (NASDAQ:NVDA)-backed AI infrastructure startup CoreWeave is making waves in the AI market as one of the main providers of Nvidia’s AI chips. The GPU cloud provider actually offers options from several different companies, but its CEO says no one wants anything other than Nvidia...

It’s deep red on Wall Street on Wednesday, with tech stocks sharply falling amid a semiconductor broad-based selloff following news that the Biden administration is hastening export restrictions to China. Bloomberg reported on Wednesday that the U.S. administration has advised its allies to...

The semiconductor sector is enduring one of its worst trading days in years, driven by investor concerns over the Biden administration’s potential tightening of regulatory restrictions on chip exports to China. The iShares Semiconductor ETF (NYSE:SOXX) plummeted 5.4% by 12:20 p.m. ET, eyeing...

Nvidia Corp. (NASDAQ:NVDA) continues to dominate the artificial intelligence market, establishing itself as the “industry de facto standard,” with no signs of this paradigm changing in the near future, according to Goldman Sachs. Analyst Toshiya Hari has reaffirmed his bullish stance on...

After the Juneteenth holiday break, Wall Street reopened with a cautious tone, as the S&P 500 and Nasdaq 100 indices declined after hitting all-time highs around midday trading in New York. This decline was driven by profit-taking in chipmaker stocks and rising Treasury yields, which dampened...

Bank of America equity analyst Vivek Arya continues to hold a positive outlook on Nvidia Corp. (NASDAQ:NVDA), even after the chipmaker's recent ascent, which has made it the world’s largest company, surpassing Microsoft Corp. (NYSE:MSFT). In a note shared with clients on Thursday, Arya noted...

The semiconductor rally continues its unstoppable advance, fueled by the propulsion of artificial intelligence, with the U.S. chipmaking industry now soaring to a combined valuation of $6.3 trillion. The PHLX Semiconductor Sector Index, mirrored by the Invesco PHLX Semiconductor ETF (NYSE:SOXQ), is...

The stock market extended its bull market rally for another week, with fresh record highs for both the S&P 500 and the tech-heavy Nasdaq 100 indices. The tech sector – particularly the chipmaker industry, as tracked by the iShares Semiconductor ETF (NYSE:SOXX), led broader market gains, driven...