Category: Chip
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Australian co Adisyn buys Israeli chip co 2D Generation
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Adisyn, whose shares are traded on the Australian Securities Exchange (ASX), has announced the completion of the acquisition of 100% of the shares of Israeli semiconductor company 2D Generation (2DG). 2DG was founded by CEO Ari Kohavi, an Israeli entrepreneur who previously founded Water-Gen, which developed technology to produce water…
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Nvidia, chip stocks drag tech lower as new Biden export rules, jobs report weigh
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Nvidia (NVDA) stock fell on Friday along with other chipmakers after a December jobs report pushed expectations of additional interest rate cuts from the Federal Reserve and ahead of expected restrictions on chip exports from the Biden administration. Nvidia stock fell 3%, while AMD (AMD) fell 4.8% and PHLX Semiconductor…
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Nvidia AI Chip Partnership Adds Fuel to MediaTek’s Share Rally
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(Bloomberg) — Growing collaboration with Nvidia Corp. has fueled investor optimism about MediaTek Inc.’s artificial intelligence growth potential. to a new high, putting its shares on track to achieve their first record high in seven months. Most read from Bloomberg The stock rose to its highest level in June this…
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Nasdaq, S&P 500, Dow jump as Nvidia leads chip stocks higher
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US stocks rose on Monday as chip names rose and investors awaited key monthly jobs data later this week. The S&P 500 (^GSPC) jumped about 1% in afternoon trading, while the Dow Jones Industrial Average (^DJI) added 0.5%. The Nasdaq Composite (^IXIC) led the gains, up about 1.5%, after a…
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Is This Nancy Pelosi’s Stock Pick Set To Overtake Nvidia? AI Chip Race To Heat Up By 2025
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Is Nancy Pelosi’s stock set to outperform Nvidia’s? AI chips race to heat up by 2025 Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Fund manager Stephen Yu to Blue Whale Growth Fund He expected that Broadcom Company (Nasdaq:Afgo) will generate…
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America’s only leading-edge chip manufacturer faces an uncertain future and lawsuits
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Intel’s (INTC) fall from grace seemed to happen all at once. Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly earnings report. Its market cap has dropped 80% since 2000 — when it was one…
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How innovation died at Intel as it faces an uncertain future as America’s only leading-edge chip manufacturer
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Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly earnings report. Its market cap has dropped 80% since 2000 — when it was one of the most valuable companies in the world. But company insiders…
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Better Chip Stock: ASML vs. Applied Materials
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ASML (Nasdaq: ASML) and Applied materials (NASDAQ:AMAT) They are two of the largest manufacturers of semiconductor equipment in the world. ASML is the world’s leading producer of lithography systems, which are used to optically etch circuit patterns onto silicon wafers. It is the only supplier of advanced UV (EUV) lithography…
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Chinese chip firms say they can withstand new US export curbs
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Written by Eduardo Baptista and Heikung Yang BEIJING/SEOUL (Reuters) – Chinese chip companies targeted by Washington with new export controls have pledged to accelerate the localization of their supply chain and said they will be able to continue production thanks to recent efforts to build stockpiles of equipment. The latest…
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U.S. preps China chip curbs that stop short of early proposals
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The Biden administration is considering additional restrictions on sales of semiconductor equipment and AI memory chips to China, which would escalate the US crackdown on Beijing’s technology ambitions, but stops short of some of the tougher measures previously considered, according to people. Informed about the matter. The people, who confirmed…
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Nvidia’s AI chip demand still booming but slowing sales growth worries investors
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Written by Max A. Cherny, Arshia Bajwa, and Stephen Nellis SAN FRANCISCO (Reuters) – Nvidia on Wednesday forecast its slowest revenue growth in seven quarters, with the artificial intelligence chip maker failing to meet the high expectations of some investors who made it the world’s most valuable company. Shares of…
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Nvidia stock rises on AI spending, chip deal ahead of earnings
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Nvidia (NVDA) stock rose more than 4% on Tuesday following bullish remarks from Wall Street analysts who pointed to strong demand for chips ahead of its earnings report scheduled Wednesday afternoon. In a client note this week, Stifel analyst Robin Roy raised his price target on Nvidia to $180 from…
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What’s Going On With Nvidia, AMD And Other Chip Stocks On Friday?
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Chip stocks, incl Nvidia company (NASDAQ: NVDA), Advanced Micro Devices Company (NASDAQ:AMD), Broadcom Company (NASDAQ:AFGO), Micron Technology Corporation (NASDAQ:MO), Taiwan Semiconductor Manufacturing Company (NYSE: TSM), Intel Corporation (NASDAQ:INTEC), Monolithic Power Systems, Inc (NASDAQ:MPWR), Marvell Technology Company (NASDAQ: MRVL) and On the semiconductor company (NASDAQ:ON), is trading higher on Friday. This…
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Indexes fall from records as chip rout drags tech shares lower
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Chip Somodevilla/Getty Images A sell-off in semiconductors pulled stock indexes away from record levels. The loss was led by Dutch chipmaker ASML, which lost 17% on Tuesday. The decline overshadowed the banks’ earnings results, which were better than expected. Chip makers’ stocks halted a decline on Tuesday after a recent…
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Nvidia stock falls 5% as the U.S. eyes AI chip export limits
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Nvidia shares (NVDA) fell more than 5% on Tuesday, a day after closing at a record high. The chipmaker’s stock fell less than 1% in premarket trading, but was down about 5% by midday. The decline occurred after a report that The United States may put an end to sales…
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Nvidia stock falls 5% as the U.S. eyes AI chip export limits
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Nvidia shares (NVDA) fell more than 5% on Tuesday, a day after closing at a record high. The chipmaker’s stock fell less than 1% in premarket trading, but was down about 5% by midday. The decline occurred after a report that The United States may put an end to sales…
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BBG: US weighs capping AI chip sales from Nvidia, AMD, other US firms to some countries
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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AMD sees next AI chip in mass production later this year By Reuters
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Written by Max A. Cherny SAN FRANCISCO (Reuters) – Advanced Micro Devices said on Thursday it plans to begin mass production of a new version of its artificial intelligence chip called the MI325X in the fourth quarter of the year, as it seeks to bolster its presence in a market…
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Nvidia stock rises as CEO Jensen Huang touts ‘insane’ chip demand
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Nvidia (NVDA) stock jumped as much as 5% on Thursday as CEO Jensen Huang said demand for next-generation Blackwell chips was “insane.” In an interview with CNBC on Wednesday after the market closed, Huang confirmed that the chips are in “full production” despite recent design issues that have caused some…
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US sets new rule that could spur AI chip shipments to the Middle East By Reuters
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Written by Karen Freifeld WASHINGTON (Reuters) – The U.S. Commerce Department on Monday unveiled a rule that could facilitate shipments of artificial intelligence chips to data centers in the Middle East. Since October 2023, US exporters have been required to obtain licenses before shipping advanced chips to parts of the…