chipmakers

This story was first published on the Benzinga India Portal. India's Prime Minister, Narendra Modi, has extended an invitation to Micron Technology, Inc (NASDAQ: MU), an American chip maker, to ramp up semiconductor production in India, highlighting the country...

Cathie Wood's Ark Invest made a semiconductor pair trade on Monday, daily trade information from the firm showed. Betting On Biggest Foundry: Ark through its Ark Autonomous Technology & Robotics ETF (NYSE:ARKQ) bought 98,170 shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM...

AI and tech enthusiasts worldwide are eagerly awaiting Tuesday morning, June 13, at 10:00 a.m. PT, when Advanced Micro Devices Inc. (NASDAQ:AMD) will host its “AMD Data Center and AI Technology Premiere.” This event, available both in-person and via livestream, will serve as a...

Nvidia Corp. (NASDAQ:NVDA) shares have risen over 160% in the year-to-date period as its artificial intelligence momentum led traders to pile into the stock. Nvidia shares may probably be slightly overvalued in the long term, according to Wharton professor Jeremy Siegel. The economist shared his...

Nvidia Corp. (NASDAQ:NVDA) received a Street-high price target close on the heels of its first-quarter earnings, although the number could be bested as more sell-side analysts weigh in on the company's speculator results. The Nvidia Analyst: KeyBanc Capital Markets analyst John Vinh reiterated an...

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) rallied in premarket trading on Thursday, moving in sympathy with peer Nvidia Corp. (NASDAQ:NVDA). Nvidia reported Wednesday after the close of first-quarter earnings and revenue that exceeded estimates and issued second-quarter revenue guidance...

Nvidia Corp. (NASDAQ:NVDA) stock skyrocketed immediately after the company reported a first-quarter beat and forecast strong revenue growth for the second quarter. Nvidia Price Action: The stock, which ended Wednesday's regular session down 0.49% at $305.38, took off vertically in the after-hours...

Nvidia Corp. (NASDAQ:NVDA) is scheduled to report first-quarter results Wednesday after the market close. The chipmaker is widely expected to report earnings per share of $0.92, lower than the year-ago's $1.36 per share. Revenue is expected to plunge 21.40% year-over-year to $6.52 billion. An...

Major Wall Street indices closed at least 1% higher on Wednesday, led by upbeat outlook by companies including Micron Technology Inc. (NASDAQ:MU) that eased investor concerns about the economy. Micron President and CEO Sanjay Mehrotra told analysts on an earnings call that the memory chip industry...

Shares of graphics chipmaker Nvidia Corp. (NASDAQ: NVDA) wilted amid the tech rout in 2022, with its China exposure exerting further downward pressure. The stock has made a strong comeback this year and has remained fairly resilient amid the market sell-off seen since mid-February. What's...

Emerging markets expert Mark Mobius reportedly said he is betting big on semiconductor shares as the U.S. and China hike investments in the sector. Chipmakers are "the number one category we have in our portfolio," Mobius told Bloomberg Television. The companies associated with the sector are going...

Tesla Inc (NASDAQ:TSLA) on its Investor Day announced its intentions to cut down the use of silicon carbide transistors by 75% for their next powertrain. The move worried investors, sending shares of some chipmakers into a slump. What Happened: Lead analyst at New Street Research, Pierre...

Nvidia Corp. (NASDAQ: NVDA) shares were seen extending their losses on Wednesday. What Happened: The retreat came as investors reacted to the graphics chip giant's filing for a mixed shelf offering to raise up to $10 billion. The securities the company intends to offer include common stock,...

Cathie Wood-led ARK Investment Management began the week by loading up on shares of NVIDIA Corporation (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD). New commerce department rules indicate chipmakers should agree not to increase capacity in China for a decade in order to receive money...

Close on the heels of robust quarterly results, graphic chips giant Nvidia Corp. (NASDAQ: NVDA) filed for an S-3 registration statement with the SEC for a mixed-shelf offering. What Happened: Santa Clara, California-based Nvidia said it plans to sell securities, including common stock, preferred...