chipmakers

Shares of Nvidia Corporation (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) came under significant pressure late Wednesday following news that the chipmakers were slapped with certain chip export restrictions to China. What Happened:  Nvidia was...

Cathie Wood-led Ark Investment Management dumped over 293,000 shares of NVIDIA Corporation (NASDAQ: NVDA) on Tuesday via two of the firm’s exchange-traded funds. This comes just two weeks after Ark bought 366,982 shares of NVIDIA Corporation (NASDAQ: NVDA) and a day ahead of the...

Cathie Wood-led Ark Investment Management on Monday bought 366,982 shares of NVIDIA Corporation (NASDAQ: NVDA) valued at nearly $65.3 million, based on Monday’s closing price, via three of its exchange-traded funds. NVIDIA is the 26th largest holding in Ark's flagship Ark Innovation...

Shares of chipmaker Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) fell as much as 2.98% in Asia trading on Tuesday after China expressed anger at reports of U.S. House Speaker Nancy Pelosi making a possible trip to Taiwan later in the day. The company is also a major...

Edward Snowden says ordinary Americans are “hurting” but Congress is “doing just fine,” taking a dig at the Speaker of the U.S. House of Representatives, Nancy Pelosi, a Democrat from California. What Happened: The former Intelligence security contractor made references...

Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM), which supplies chips to the likes of Apple, Inc. (NASDAQ: AAPL) and Tesla, Inc. (NASDAQ: TSLA), is purportedly weathering external risks fairly well and is confident of seeing strong growth in 2022. What Happened: TSM expects revenue...

Nio Inc (NYSE: NIO) and Advanced Micro Devices Inc (NASDAQ: AMD) have entered a chip supply partnership, CnEVpost reported on Monday, citing the chipmaker. What Happened: Shanghai-based Nio will reportedly use AMD’s EPYC family of processors in its high-performance computing (HPC) platform...

Nvidia Corporation (NASDAQ: NVDA) cast a pall of gloom on the tech sector on Wednesday by providing underwhelming guidance for the second quarter. An Nvidia bull, however, chose to stick with his bullish stance. The Nvidia Analyst: KeyBanc Capital Markets analyst John Vinh ...

Graphics chip maker Nvidia Corp’s (NASDAQ: NVIDIA) data center unit’s quarterly revenue surpassed that of its gaming business for the first time in seven quarters, the company filings showed on Wednesday. What Happened: Santa Clara, California-based Nvidia’s data center unit...

Computex 2022, a key global computing event organized in Taiwan, gets underway this week, as a hybrid event. The five-day event kicks off on Monday and is being co-organized by the Taiwan External Trade Development Council and Taipei Computer Association. Chip titans Advanced Micro Devices, Inc. (...

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are down about 40% in the year-to-period, markedly underperforming the Invesco QQQ Trust (NASDAQ: QQQ). The latter, considered a proxy for blue-chip tech performance, has fallen a more modest 20% during the same period. Will the first-quarter...

Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) reported forecast-beating, record first-quarter results, citing strong demand trends in the high-performance computing and automotive segments. The company guided to in-line second-quarter revenues and further margin expansion. The...

On Tuesday, American chipmaker Intel Corporation (NASDAQ: INTC) announced that it had suspended business operations in Russia, joining a slew of companies that decided to exit the country amid the invasion of Ukraine by the Russian Army. This came after it suspended...

CNBC host Jim Cramer said he loves Nvidia Corp.’s (NASDAQ: NVDA) stock long-term and views any weakness in the chipmaker’s stock as a chance to buy more of it. What Happened: “I know this is a tough market for a stock like Nvidia, and I wouldn’t be surprised if it has...

Graphic chips maker Nvidia Corp. (NASDAQ: NVDA) has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Thursday. What Happened: Nvidia is seeing the highest interest on the forum with 1,222 mentions as at press time, data from Quiver Quantitative showed....