chipmakers

Wall Street kicked off the week on a high note, with the S&P 500 and Nasdaq 100 reaching new highs in anticipation of the January inflation report scheduled for this Tuesday. Last week, both indices celebrated their fifth straight week of gains, culminating in an impressive run of 14 out of the...

Goldman Sachs raised NVIDIA Corp.’s (NASDAQ:NVDA) 12-month price forecast to $800. The move signals a 21% potential leap from its current levels. It also underscores the bullish approach analysts are taking regarding the company’s pioneering role in the rapidly evolving field of...

Wall Street witnessed a stark contrast in tech earnings this week, as Alphabet Inc. (NASDAQ:GOOGL), Advanced Micro Devices Inc. (NASDAQ:AMD) and Apple Inc. (NASDAQ:AAPL) fell slightly short of expectations, while Meta Platforms Inc. (NASDAQ:META) and Amazon.com Inc. (NASDAQ:AMZN) outperformed,...

Wall Street analyst Ed Yardeni is drawing parallels between Nvidia Corp.‘s (NASDAQ:NVDA) current stock market rally and Cisco Systems Inc.‘s (NASDAQ:CSCO) meteoric ascent during the 1990s tech bubble. Nvidia could potentially soar even higher before facing any risk of a downturn—if...

In 2023, the semiconductor industry has emerged as the standout performer, with the PHLX Semiconductor Sector, tracked by the iShares Semiconductor ETF (NYSE:SOXX), achieving a remarkable 66% increase and reaching new all-time highs. This growth not only signifies the strongest performance among U...

The VIX index has hit its lowest point since before the pandemic, just as equity markets are trying to regain their 2023 highs. Is this telling us that when it’s bad for the VIX it’s good for stocks? Analysts have written volumes on how to interpret the VIX, or the CBOE’s...

Apple Inc. (NASDAQ:AAPL)’s ambitious endeavor to develop its own cellular modem for iPhones, aiming to replace Qualcomm Inc. (NASDAQ:QCOM) as its primary supplier, has encountered notable challenges. This complex undertaking has reportedly led to a delay in Apple’s plans, pushing back...

Advanced Micro Devices (NASDAQ: AMD) reported a weaker-than-expected outlook that overshadowed its strong third-quarter results. Upon the report, shares fell more than 2% in pre-market trading on Wednesday. AMD is one of the few chipmakers with the capability to make ...

In the heart of Silicon Valley, all eyes are on Intel Corp. (NASDAQ:INTC) as it gears up to unveil its third-quarter earnings report on Thursday after the closing bell. For the Santa-Clara-based company, this report carries substantial importance, as it grapples with a shifting semiconductor...

In the face of dwindling demand for its core product, smartphone chip manufacturing giant Qualcomm Inc. (NASDAQ:QCOM) has declared sizable job reductions. What Happened: As reported by Bloomberg, Qualcomm will be laying off 1,258 employees, primarily in its San Diego and Santa Clara...

Just when investors thought they'd parted ways, Qualcomm Inc. (NASDAQ:QCOM) and Apple Inc. (NASDAQ:AAPL) have surprised everyone, joining forces in a three-year deal over 5G chips. Apple’s pivot back to Qualcomm seems to be a clear indicator that its quest to whip up its own 5G chips might...

NVIDIA (NASDAQ:NVDA) has taken the veil off its revolutionary next-generation platform — the GH200 Grace Hopper Superchip Platform, marking a significant development in the field of accelerated computing and generative AI. This platform is poised to be a cornerstone for future AI-driven...

Despite Nvidia’s share price tripling this year, Asian chipmakers, who manufacture all of Nvidia’s chips, have reported their lowest earnings in years, an opinion piece carried by Financial Times reports. Unprecedented Demand, Limited Output: Expectations of unprecedented demand for...

Cathie Wood's Ark Investment Management bulked up on a couple of stocks on Monday when the broader market staged a rebound amid hopes of seeing tame June inflation data. Splurging On TSMC: Ark, through its Ark Autonomous Technology & Robotics ETF (CBOE: ARKQ) picked up 32,896 shares of Taiwan...

Cathie Wood's Ark Investment Management continued to shed shares of Nvidia Corp. (NASDAQ:NVDA) amid Wall Street’s concerns that the chipmaker's valuation is now stretched following the AI-induced rally. Chip Pair Trade: Ark's Ark Autonomous Technology & Robotics ETF (CBOE: ARKQ) sold 6,...