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Billionaire Mario Gabelli Says China Is 'Investible' At 'Decent Valuation' But 'That Doesn't Mean We're Going To Buy Things'
Wednesday, December 14, 2022 - 5:24am | 511Read More...Billionaire investor and founder of GAMCO, Mario Gabelli, thinks China is "investible" and at a "decent valuation" but highlighted the country’s strict policies that may deter investors. What Happened: While replying to a question on Fox News if China was "...
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US Reportedly Adding 30 Chinese Chip Companies To Trade Blacklist As Dispute With Xi Jinping's Government Escalates
Wednesday, December 14, 2022 - 2:58am | 384Read More...As the U.S.-China chip dispute escalates, Washington is reportedly planning to place chip maker Yangtze Memory Technologies and 35 other Chinese companies on its trade blacklist. What Happened: The Joe Biden administration's decision would prevent these Chinese companies from buying certain...
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How Xi Jinping Is Preparing To Win Chip Battle With US: $143B Package, WTO Dispute, Allying With South Korea
Tuesday, December 13, 2022 - 9:46am | 493Read More...China is reportedly planning a one trillion yuan ($143 billion) support package for its semiconductor industry to counter Washington's sweeping export controls on chips, a day after launching a W.T.O. dispute. What Happened: Beijing, in a bid to bolster the semiconductor production and research...
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Apple Supplier TSMC Confirms Plan To Make Cutting-Edge Chips At Arizona Plant
Monday, November 21, 2022 - 4:58am | 381Read More...Apple Inc. (NASDAQ: AAPL) supplier Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) has confirmed weeklong rumors that it will manufacture its most advanced chips at its U.S. plant that is under construction. What Happened: TSMC’s founder Morris Chang, said on Monday the...
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Investors Beware: Nvidia Stock Is 'Locked In A Pretty Substantial Downtrend'
Tuesday, September 20, 2022 - 3:12pm | 458Read More...NVIDIA Corporation (NASDAQ: NVDA) just announced a new line of graphics chips, but Ritholtz Wealth Management's Josh Brown says new product lines won't be enough to pull the stock out of its recent slump. "The new gaming chip is great, but this stock has been locked in a...
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Nvidia Stock Falls In Sympathy With Micron As Economic Woes Hamper Chip Demand: What's Next?
Friday, July 1, 2022 - 12:30pm | 729Read More...Nvidia Corporation (NASDAQ: NVDA) reached a new 52-week low on Friday, despite the S&P 500 trading slightly higher. Chip stocks, like much of the technology sector, have declined heavily this year, with Nvidia plunging 50% from its 2022 opening price of $297.85. Comparably, Advanced Micro...
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Advantage AMD: Analyst Flags Delay In Intel Server Chip Shipment
Friday, June 17, 2022 - 6:11am | 394Read More...Intel Corp's (NASDAQ: INTC) product misstep woes are likely to return to haunt the company, casting more clouds over its turnaround efforts. What Happened: The highly-anticipated Intel server chips, codenamed "Sapphire Rapids," may not ship until the second quarter of...
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Nvidia Says 'Nominal' Crypto Mining Chip Sales Behind 52% Decline In 'OEM And Other' Revenue
Thursday, May 26, 2022 - 6:20am | 346Read More...Chip manufacturer NVIDIA Corporation (NASDAQ: NVDA) attributed its 52% decline in "OEM and Other" market platform revenue to a decline in Cryptocurrency Mining Processor (CMP) sales. What Happened: In an SEC filing on Wednesday, Nvidia reported $158 million in OEM and Other revenue...
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Why Investors Shouldn't Worry About NVIDIA's Underwhelming Quarter
Wednesday, May 25, 2022 - 7:15pm | 351Read More...Shares of NVIDIA Corporation (NASDAQ: NVDA) are sliding after hours after the company’s EPS came in lower than Street estimates and underwhelming guidance. The company also cited weakness in demand for chips for cryptocurrency mining. The stock is down about 7% and down more than 50%...
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Arm China Fires CEO But He Refuses To Just Pack His Bags And Leave
Thursday, May 5, 2022 - 9:22am | 410Read More...Arm China — a Shanghai-based joint venture between Arm Ltd and Chinese private equity firm Hopu Investment — on Thursday said its former CEO Allen Wu was refusing to relinquish his role despite being fired last week. The company said it would overhaul the communication systems to...
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Taiwan, Worried About China Stealing Its 'Crown Jewel,' Pushes For Speedy Passage Of Laws Protecting Chip Industry
Tuesday, April 12, 2022 - 7:02am | 469Read More...In a bid to save its crown jewel, Taiwan's Premier has called for the swift passage of revisions to laws to prevent China from stealing its semiconductor technology, according to a Reuters report. This came after the Taiwanese cabinet, in February, proposed tightening the rules amid rising...
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To Buy Or Sell AMD Following Downgrade? It Depends On Your Approach
Thursday, March 31, 2022 - 4:53pm | 432Read More...Advanced Micro Devices Inc (NASDAQ: AMD) was featured as the call of the day Thursday on CNBC's "Fast Money Halftime Report." What Happened: Barclays analyst Blayne Curtis downgraded AMD from an Overweight rating to an Equal-Weight rating and lowered the price...
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Is Nvidia A Software Play? What This Analyst Sees As 'Software-Only Monetization Opportunities'
Thursday, March 31, 2022 - 11:12am | 443Read More...Nvidia Corporation (NASDAQ: NVDA) held its GTC 2022 earlier this month, where it announced a slew of products and services. An analyst at Wells Fargo Securities singled out the company's pivot to software as a key takeaway. The Nvidia Analyst: Aaron Rakers has an Overweight rating and a $...
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A Tale Of Two Chip Stocks: Intel, Texas Instruments Get The Ball Rolling For Semiconductor Earnings
Sunday, January 23, 2022 - 9:51am | 561Read More...Intel Corporation (NASDAQ: INTC) and Texas Instruments Incorporated (NASDAQ: TXN) report quarterly results this week, marking the beginning of the big tech earnings season. Texas Instruments is scheduled to report Tuesday after the close, and Intel will release its quarterly report...
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Apple Supplier TSMC To Spend Record $44B On Capacity Expansion This Year
Friday, January 14, 2022 - 2:21am | 396Read More...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...
















