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...
Tag: Semiconductors
What’s Striking About Wolfspeed’s New Silicon Carbide Fab In Marcy, New York
120,000 square foot Class 100 cleanroom at Wolfspeed’s new Marcy, NY fab Heather Ainsworth for Wolfspeed, used with permission I recently had the opportunity to visit Wolfspeed’s new silicon car...
Micron Stock Is Slipping. Morgan Stanley Turned Bearish.
Text size Morgan Stanley analyst Joseph Moore downgraded Micron to Underweight from Equal Weight. Dreamstime Micron Technology stock is lower Friday after Morgan Stanley analyst Joseph Moore issued a ...
The Best Tech CEOs: What Matters Most
Text size Shopify CEO Tobi Lütke spent years programming before he co-founded the e-commerce software firm. He has said he knows how long projects will take—and which initiatives to choose—because of ...
BYD Makes First Foray Into Japan Passenger Car Market With Three EV Models
BYD unveiled three EV models for the Japan market at a conference in Tokyo on Thursday. BYD China-headquartered BYD, the world’s largest maker of electric vehicles, held a press conference in Tokyo on...
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...
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...
Nancy Pelosi’s husband buys millions in Nvidia stock before semiconductor vote
The husband of House Speaker Nancy Pelosi just bought as much $5 million worth of stock in software and computer-chip company Nvidia, publicly available financial disclosures show. According to the di...
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 ...
Qualcomm Is a Top Stock Pick on Valuation, Says J.P. Morgan
Text size Qualcomm headquarters in San Diego. Bing Guan/Bloomberg J.P. Morgan believes semiconductor company Qualcomm is getting too cheap to ignore. On Thursday, analyst Samik Chatterjee reiterated h...
Taiwan Semi Boosts Revenue Forecast After Topping Earnings Estimates
Text size Photograph by Sam Yeh/AFP/Getty Images Strong demand from auto makers and consumer goods giants helped Taiwan Semiconductor Manufacturing raise revenue forecasts for the year and beat second...
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...
Nvidia Stock-Price Cuts Pile Up as Street Worries Over Gaming, Crypto Risks
Text size An Nvidia GeForce RTX 3060 Ti gaming graphics card. Courtesy of Nvidia Wall Street analysts are falling over themselves slashing their projections for Nvidia. In April, Barron’s cautioned in...
Demand for Smartphones Is Slowing. These 3 Stocks Could Be Hurt, Analysts Say.
Text size Qorvo is more at risk from the slowdown in the economy than other makers of wireless chips because it focuses more on the lower end of the market, according to Cowen. Dreamstime Wall Street ...
Nvidia Stock Gets a Price Target Cut. Russia and China Will Hurt Sales.
Text size Nvidia has said that Covid-19 lockdowns in China, plus the suspension of sales in Russia, will reduce its second-quarter revenue by $500 million. Justin Sullivan/Getty Images Shares of Nvidi...
JPMorgan, Delta, Morgan Stanley, TSMC, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season is here. More than a dozen S&P 500 firms report this week, including several major banks. JPMorgan Chase and Morgan Stanley go first on Thursday, followed ...
Micron’s Woes Are Trouble for Nvidia and These 5 Other Stocks
Text size A technician inspects a semiconductor wafer. Kobi Wolf/Bloomberg News last week that Micron Technology expects weak Chinese demand for semiconductors to hit its quarterly results means a ran...
‘It could take a few quarters for growth to re-emerge’ in semiconductors, analyst says
Arya downgraded the stock to a $62 per share price target, which was $8 less than his previous target. Analysts from lowdown in the upcoming quarter, citing lower consumer demand and China’s COVID-19 ...
General Mills and Micron Raised Their Dividends. Banks Will Soon, Too.
Text size Justin Sullivan/Getty Images General Mills and Micron Technology declared dividend increases this week, and various large banks announced plans for their disbursements. General Mills (ticker...
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...
Opinion: ‘I see buying opportunities.’ How this stock trader with 40 years of experience makes money in a bear market
Howard Kornstein, a professional trader with more than 40 years’ experience in stocks, options and futures, developed and fine-tuned his strategies while facing every imaginable market environment. He...