Mercedes-Benz Group AG (OTCMKTS: DMLRY) raised its outlook for the rest of the year during its earnings release on July 27. The company showed revenues of €36.4 billion (~$36.93 billion), an increase ...
Tag: Chip
Why Taiwan’s Foxconn Is Investing $800 Million In China’s Chip Champion
Getty Taiwanese manufacturing giant Foxconn plans to invest about $800 million in Chinese chip conglomerate Tsinghua Unigroup, a move that will further expose the world’s largest contract assembler of...
NXP Semi Will Kick Off Earnings Season for Chip Stocks. What to Expect.
Text size Dreamstime NXP Semiconductors reports earnings on Monday, kicking off earnings season for chip stocks. But many investors and analysts are bracing themselves for muted results across the ind...
Chip stocks rally despite an ominous forecast, as U.S. semiconductor funding bill advances in Senate
Chip stocks rallied to finish higher Wednesday after the Senate moved closer to greenlighting more than $50 billion in funds for U.S.-based chip manufacturing, even as one chip-equipment maker gave an...
ASML Stock Drops. The Chip Supplier Slashes Sales Outlook Amid Delays.
Text size ASML’s machines are key to the global chipmaking industry. Courtesy Bart van Overbeeke/ASML ASML beat expectations for second-quarter earnings, but shares in the critical supplier of m...
Nancy Pelosi’s husband just bought over $1 million of this chip stock right before a $52 billion subsidy vote — is there still time to tag along?
Nancy Pelosi’s husband just bought over $1 million of this chip stock right before a $52 billion subsidy vote — is there still time to tag along? If Keith Gill, wallstreetbets, and GameStop are names ...
Chip Investment Decisions Await Congressional Action on $52 Billion Funding Bill
Political wrangling in Congress over government funding for the semiconductor industry is leaving tens of billions of dollars of potential factory projects hanging in limbo and could dent the ambition...
Chip Stock Earnings Estimates Still Look Way Too High, Goldman Analyst Warns
Text size Goldman Sachs’ cuts to earnings forecasts for chip manufacturers were both broad and deep. Dreamstime Chip stocks are gaining ground on Friday following better-than-expected financial ...
Blue Chip NFTs 101 – Down, Down, To Goblintown. An Unlikely Success Story
Goblintown ‘s rise to the top is one for the books. The Moonbirds came into prominence in a bearish market, but the Goblins took over in the middle of a global recession and the NFTs first winter. How...
Chip Prices Are Plunging. What It Means for Nvidia, Intel, and AMD Stock.
Text size Nvidia got a price-target cut. Dreamstime Susquehanna is getting less bullish about three chip stocks. On Wednesday, semiconductor analyst Christopher Rolland lowered his price targets for N...
Bosch Says Auto Chip Bottlenecks Will Continue, As Some Forecasts Point To Early Relief
3d illustration of microchip over white background with car and binary code inside getty Bosch, Europe’s largest auto supplier, said it expects global bottlenecks because of a shortage of auto chips t...
US Targets China’s Largest Chipmaker After Huawei To Check Growing Chip Dominance
Reuters Videos Four stabbed at major Shanghai hospital STORY: Officers raced to the more than 100-year-old Ruijin Hospital on Saturday morning after receiving calls about an attack, police said.Videos...
The PC sales boom has finally gone bust, and chip stocks are taking the hit
This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe...
Trading Nvidia and Chip Stocks: Here Are the Charts
Semiconductor stocks have not been doing well lately. Generally speaking, a bear market in U.S. equities and a particularly vicious bear market in growth stocks and tech stocks have dealt a painful bl...
Vital TSMC Supplier Warns of Chip Material Price Hikes Into 2023
(Bloomberg) — Japanese chemicals supplier Showa Denko K.K. expects to further raise prices and cut back unprofitable product lines as it grapples with a barrage of economic challenges confrontin...
Three Arrows Capital, On Brink Of Bankruptcy, Holds Several Blue Chip NFTs
Most capital markets have done little favors this year for speculative investors. The NFT market hasn’t been spared from crypto’s chaos, which has led to the downfall of former top 10 tokens, CeFi pla...
General Motors Stock Halted, Edge Higher On Q2 Chip Shortage Hit
Updated at 2:26 pm EST General Motors (GM) – Get General Motors Company Report cautioned Friday that chip shortages and supply chain disruptions lead to production delays that impacted around 1...
Opinion: The chip boom likely over, as Micron says it’s in a ‘downturn’
The semiconductor boom of the past two years appears to be ending. Memory-chip maker Micron Technology Inc. MU, -1.32% gave a downbeat forecast for its next fiscal quarter Thursday, predicting a massi...
Semiconductor Stocks Downgraded, Chip Designers Upgraded
A Wall Street firm on Wednesday downgraded several semiconductor stocks as the outlook for chip sales ebbs. But it sees chip design firms Cadence Design Systems (CDNS) and Synopsys (SNPS) holding up a...
Chip Stocks Are in for Trouble, Analyst Says. 4 Stocks Get Downgrades.
Text size The iShares Semiconductor ETF has fallen even more than the overall market this year. Courtesy of Texas Instruments BofA Global Research is getting more downbeat about the chip industry. Eve...
Micron earnings to provide more clues as to whether chip boom has passed
Micron Technology Inc.’s earnings on Thursday will provide a much-anticipated clue into a problem that has worried Wall Street all year about the chip industry: Whether customers have been hoarding ch...
Qualcomm Stock Rises As Apple Struggles To Make Own 5G Chip
Apple‘s (AAPL) efforts to replace Qualcomm (QCOM) as a supplier of 5G modem chips for its iPhone have hit a developmental snag, a prominent Apple stock analyst said Tuesday. Qualcomm stock rose ...
Taiwan’s GlobalWafers to Build $5 Billion Chip Plant in Texas
(Bloomberg) — GlobalWafers Co. plans to build a $5 billion semiconductor silicon-wafer facility that will be the biggest of its kind on American soil, as the country contends with the fallout fr...
Chip Maker Nvidia Isn’t an Ether Proxy, Bitcoin Holds Near $21K
The largest cryptocurrency by market capitalization was recently trading at about $20,800, down over 1% in the past 24 hours. Ether, the second-largest crypto by market cap, was changing hands at roug...
Intel wins latest race in chip uses for the cloud, says KeyBanc Capital Markets
Chip giant Intel Corp. is leading growth in cloud technology, according to new research from KeyBanc Capital Markets. Intel Corp. INTC, +3.21% is the winner in KeyBanc’s latest monthly data tracking s...
Chinese memory chip king’s rapid growth, Musk’s China challenges
Hi everyone, this is Lauly writing from the heat of Taipei. I’m sending this week’s #techAsia from a traditional breakfast restaurant without air conditioning. It’s across the street from one of iPhon...
Micron’s Weak Outlook Crushes Chip Stocks. There’s More Trouble Coming for Tech.
Text size Dreamstime Almost every analyst on Wall Street knew that the memory chip company Micron Technology was likely to provide quarterly guidance below previous Street estimates. And that’s exactl...