Lam Research Corp. shares declined in the extended session Wednesday after the silicon-foundry equipment supplier said it will cut its workforce by 7%, while increasing the portion it spends on R&...
Tag: PHLX Semiconductor Index
TSMC’s stock slumps after reported diss of U.S. chip efforts; industry downgrades also weigh on sector
Chip stocks lagged behind the broader market Monday following one report that Taiwan Semiconductor Manufacturing Co. is pessimistic about U.S. efforts to build domestic capacity, and another that said...
Chip stocks could plunge another 25% as ‘we are entering the worst semiconductor downturn in a decade,’ analyst says
After a rough few months for semiconductor stocks, one Wall Street analyst expects the pain to continue and predicted Tuesday that “we are entering the worst semiconductor downturn in a decade.” In a ...
Chip stocks tanked as pandemic demand for electronics slumped, but there are still some winners
After two years of unprecedented chip sales and demand related to the COVID-19 pandemic, a long-feared reversal has struck the semiconductor industry, but some markets are still performing strongly — ...
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...
Senate Votes on Chips Act Today. What It Means for Intel and Other Stocks.
Text size The Senate votes Tuesday on a bill that would authorize more than $50 billion in subsidies and tax credits for U.S. chip makers. Tim Herman/Intel Corporation Semiconductor stocks rose Tuesda...
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...
SOX semiconductor index could double over the next couple of years, analyst says
Despite potential for further downside, semiconductor stocks could rebound significantly over the next couple of years, according to Columbia Threadneedle Senior Equity Analyst Dave Egan. Semi stocks ...
Nvidia Can’t Catch a Break. Why Its Stock Is Still a Buy.
Text size Nvidia stock was falling Thursday despite a “beat and raise” earnings result. Dreamstime Nvidia can’t seem to catch a break. The chip maker delivered what Wall Street was expecti...
Nvidia Can’t Catch a Break. The Stock Is Falling but Is Still a Buy.
Text size Nvidia stock was falling Thursday despite a “beat and raise” earnings result. Dreamstime Nvidia can’t seem to catch a break. The chip maker delivered what Wall Street was expecti...
Tech Is Tearing Back. Why Nvidia and 4 Others Look Like Winners, Unlike Intel.
Text size Nvidia stock soared 125% in 2021, but the shares are down 9% so far in 2022. Justin Sullivan/Getty Images Tech stocks are tearing back. The Nasdaq Composite index snapped its four-day losing...
AMD earnings face even more scrutiny after ‘astonishingly bad’ Intel outlook
Advanced Micro Devices Inc. gets to show Wall Street if it “certainly” ended 2022 in a better place, after the price of clearing inventory helped gut results from rival Intel Corp. AMD AMD, +0.32% is ...