chipmakers

Advanced Micro Devices Inc. (NASDAQ: AMD) has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Wednesday. What Happened: Advanced Micro Devices is seeing the highest interest on the forum with 1,043 mentions as at press time, data from Quiver Quantitative...

Key Apple Inc (NASDAQ: AAPL) supplier and the world’s largest chipmaker Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) plans to spend up to $44 billion in 2022 to expand capacity, Nikkei Asia reported on Thursday. What Happened: The capacity expansion plan comes amid a rise in demand...

U.S. listed Chinese internet giant Baidu Inc (NASDAQ: BIDU) is following in Nio Inc's (NYSE: NIO) footsteps to adopt Nvidia Corp’s (NASDAQ: NVDA) self-driving chip capabilities, cnEVpost reported on Wednesday. What Happened: Nio chose Nvidia over Intel Corp’s (...

Electric vehicle maker Tesla Inc. (NASDAQ: TSLA) continues to be the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Wednesday. What Happened: Tesla is seeing the highest interest on the forum with 509 mentions as at press time, followed by exchange-traded fund SPDR S&...

ProShares is looking to launch the ProShares Metaverse Theme exchange-traded fund to capitalize on the trend surrounding virtual places. What Happened: The ProShares Metaverse Theme ETF would track the Solactive Metaverse Theme Index, according to a prospectus filed with the U.S. Securities...

Intel Corporation (NASDAQ: INTC) shares traded 9% higher at $55.66 in the pre-market session on Tuesday after the company announced it is looking to take its driver assistance and autonomous driving solutions subsidiary Mobileye public some time during the coming year. ...

Key Apple Inc (NASDAQ: AAPL) chip supplier Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) said it has responded to a U.S. request for data related to the global chip shortage, Reuters reported, citing the company. What Happened: The world’s largest chipmaker said it has not disclosed...

Cathie Wood’s investment management firm Ark Invest on Friday shed the remaining of its stake in Nvidia Inc (NASDAQ: NVDA) booking profit in the stock just a day after it soared 16% following a bullish report from a Wall Street analyst.  Ark Invest on Friday sold 93 shares —...

Intel Corporation (NASDAQ: INTC) shares fell steeply in after-hours trading on Thursday, by 8.75%, to $51.10 after closing the regular session 1.14% higher at $56. What Happened:  The decline in shares came after the chipmaker attributed its computer chip business declining 2% during...

Apple Inc’s (NASDAQ: AAPL) chip supplier Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) is planning to build an advanced semiconductor manufacturing facility in South Taiwan, Nikkei Asia reported on Monday, citing people familiar with the matter. What Happened: The new facility is...

Intel Corp (NASDAQ: INTC) will set aside part of its Ireland facility to make chips for automakers crippled with shortages, CEO Pat Gelsinger said at an event on Tuesday. What Happened: The Santa Clara, California-based chipmaker plans to convert a part of its Ireland facility, which makes...

Alibaba Group Holding Limited (NYSE: BABA), Nvidia Corp. (NASDAQ: NVDA), Pfizer Inc. (NYSE: PFE) and GameStop Corp. (NYSE: GME) are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum early Tuesday. What Happened: Exchange-traded fund SPDR S&P 500 ETF Trust (...

Heading into a new trading week, Pfizer Inc. (NYSE: PFE), Alibaba Group Holding Limited (NYSE: BABA), Nvidia Corp. (NASDAQ: NVDA) and Moderna Inc. (NASDAQ: MRNA) are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum. What Happened: Pfizer has emerged as the most-...

Cathie Wood-led Ark Invest on Monday reduced its exposure in Netflix Inc (NASDAQ: NFLX) by 12.3%, as it shed 14,762 shares — estimated to be worth about $7.68 million — in the online video streaming service. Netflix shares, which have slipped 3.4% so far this year, closed marginally...

Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., Ltd (OTC: HNHAF), also known as Foxconn, said Thursday that it was buying a semiconductors plant from Macronix International in a deal worth $91 billion. What Happened: The two Taiwan-based companies signed an Asset Transaction...