OMAHA, Neb. (AP) — Billionaire Warren Buffett’s company added to its already substantial Apple investment at the end of last year while slashing a new investment in computer chip maker Taiwan Se...
Tag: chipmaker
AMD Stock: Chipmaker Beats Q4 Targets
Chipmaker Advanced Micro Devices (AMD) late Tuesday cleared Wall Street’s hurdles for the fourth quarter but set a lower bar for the current period. Still, AMD stock rose in extended trading on ...
World’s Biggest Chipmaker TSMC Tops Estimates, Bucking Trend as Industry Cools
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported quarterly profit that exceeded analysts’ estimates, using its clout to boost earnings even as the chip industry braces for a potenti...
World’s Biggest Chipmaker TSMC Misses Sales Forecasts as Demand Wanes
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. recorded its first quarterly revenue miss in two years, signaling the global decline in electronics demand is starting to catch up with the c...
Leading Contract Chipmaker TSMC Fails To Impress Analysts
Wall Street banks shifted to a bearish stance on Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM), cautioning that the biggest chipmaker will issue conservative guidance for its revenue outlook d...
Rivian, GlobalFoundries Joining Nasdaq 100 Index; Apple Chipmaker, China Stocks Falling Off
Tesla (TSLA) rival Rivian Automotive (RIVN) and chip foundry GlobalFoundries (GFS) are among six stocks that will join the Nasdaq 100 index before the open on Dec. 19, while Apple (AAPL) chipmaker Sky...
Chipmaker GlobalFoundries to Start Job Cuts and Freeze Hiring
(Bloomberg) — GlobalFoundries Inc., the biggest US-based provider of made-to-order semiconductors, is beginning job cuts and has enacted a hiring freeze. Most Read from Bloomberg The company Fri...
AMD Stock: Chipmaker Misses Q3 Views, Guides Lower
Advanced Micro Devices (AMD) late Tuesday missed Wall Street’s lowered expectations for the third quarter and disappointed with its sales guidance. Still, AMD stock rose in extended trading as i...
Chinese Top Chipmaker Retaliates By Firing US Employees In Core Tech, Former CEO’s Position Remain Undecided
Chinese chipmaker Yangtze Memory Technologies Corp ousted American employees in core tech positions following the U.S. embargo on China. Several U.S. citizens and green card holders in China had alrea...
Chipmaker Rout Engulfs TSMC, Samsung With $240 Billion Wiped Out
(Bloomberg) — Chip-related stocks in Japan, South Korea and Taiwan slumped, contributing to a wipeout of more than $240 billion from the sector’s global market value after the Biden administrati...
US Tech Curbs Could Halve Growth of China’s Top Chipmaker
(Bloomberg) — US restrictions on China’s access to advanced American technologies could slash growth of the country’s largest chipmaker by half next year, Bloomberg Intelligence estimates. Semic...
Small Chipmaker With Big Vision On Track To Dominate Fast-Growing Electric Vehicle Industry
Stellantis CEO Carlos Tavares speaks during a press conference on September 20, 2022 in Turin, … [+] Italy. (Photo by Stefano Guidi/Getty Images) Getty Images The electric vehicle revolution is ...
Dumping a Chipmaker While Adding to 3 Positions
After you receive this alert, we will make the following trades: –Sell the remaining 310 shares of Nvidia (NVDA) at or near $144. This will close out the portfolio’s NVDA position, which r...
AMD Stock: Chipmaker Narrowly Tops Q2 Goals
Chipmaker Advanced Micro Devices (AMD) late Tuesday edged above Wall Street’s targets for the second quarter, but its sales outlook for the current quarter was light. AMD stock fell in extended ...
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...
Samsung Sparks $30 Billion Chipmaker Rally After 21% Sales Jump
(Bloomberg) — Samsung Electronics Co. reported a better-than-anticipated 21% jump in revenue, assuaging investors’ worst fears about the impact of weakening consumer demand and soaring materials...
Two Oil Stocks And One Chipmaker Highlight IBD’s Screen Of The Day
In today’s IBD Screen of the Day, the focus is on stocks that funds are buying. Institutional investors tend to be more sophisticated, so retail buyers can gain by tracking their selections. Her...
AMD Stock Rises As Chipmaker Completes Xilinx Acquisition
Advanced Micro Devices (AMD) on Monday completed the largest acquisition in semiconductor industry history with its $49 billion purchase of Xilinx. AMD stock rose on the news. X In a news release, AMD...
Top China Chipmaker Warns of Growing Shortfall as U.S. Decouples
(Bloomberg) — Manufacturers in China are increasingly looking to source chips locally because they fear the U.S. and other governments may prioritize domestic users of the semiconductors vital t...
Nvidia Abandons Plans To Acquire ARM Amid Regulatory Pressure, British Chipmaker Will Explore IPO
Topline Graphics chipmaker Nvidia scrapped its plans to acquire British semiconductor firm ARM due to “significant regulatory challenges”, the companies announced on Tuesday, a decision that comes two...
Intel Stock: Chipmaker Beats Fourth-Quarter Goals
Chipmaker Intel (INTC) late Wednesday beat Wall Street’s targets for the fourth quarter but gave a mixed outlook for the current period. Intel stock fell in extended trading. X The Santa Clara, ...
Dow Jones Futures Fall As Yields Rise; AMD, Tesla Fall; Apple Chipmaker Jumps
Dow Jones futures lost more than 100 points early Monday, while tech futures sold off and Treasury yields added to last week’s sharp gains. Advanced Micro Devices and Tesla stock were lower ahea...