Chip stocks were down early Thursday after Micron Technology reported weak results and said demand for semiconductors had softened. Nvidia (ticker: NVDA) declined 0.7% in premarket trading. Advanced M...
Tag: Semiconductors
The Commanding Heights – The Green Tech Revolution
PALM SPRINGS, CALIFORNIA – FEBRUARY 27, 2019: Wind turbines generate electricity at the San Gorgonio … [+] Pass Wind Farm near Palm Springs, California, as a dust storm blows through the a...
Micron Sees Late ’23 Memory Rebound. But It’s Cutting Staff And Trimming CapEx.
Micron Technology posted soft results for its fiscal first quarter ended Dec. 1, but the chip maker projected a sharp improvement in conditions for the memory market in the second half of the company’...
Micron sales could dive more than 50%, and more belt-tightening is expected before outlook improves
Micron Technology Inc.’s revenue declines could worsen to more than 50% before inventory-saturated customers work though that product and boost sales in the second half of 2023, but before then the me...
Nvidia Is a Top Pick for Next Year, Needham Says. Here’s Why.
Nvidia has been selected as one of Needham’s top picks for 2023. Analysts led by Rajvindra Gill, rate the stock as Buy, highlighting its “favorable risk/reward profile” and AI capabilities, among othe...
Nike, FedEx, Micron, General Mills, and Other Stocks for Investors to Watch This Week
A bevy of economic data and several notable companies reporting will keep investors busy this week, before things slow down for the holidays. On Tuesday, Nike FedEx and General Mills release quarterl...
FedEx and Nike earnings will hold vital hints on holiday-shopping strength
After investors raced for the exits following their last earnings reports, package-deliverer FedEx Corp. and athletic-gear maker Nike Inc. will try it again. And they’ll offer important reads on deman...
AMD Is Morgan Stanley’s Top Chip Stock Pick for Next Year
Morgan Stanley says Advanced Micro Devices stock is providing an attractive buying opportunity on the back of its strong lineup of server processors. On Thursday, semiconductor analyst Joseph Moore ma...
Nvidia stock is top pick as ‘fundamental bottom’ nears for chips, analyst says
After a semiconductor shortage flipped into a glut in 2022, chip stocks are headed for a strong entry point and will lead the broader market in the new year, with Nvidia Corp. the best pick among them...
China And The US At Odds As Globalisation Falters And Strategic Autonomy Rises
388291 02: The Air Force’s Global Hawk Unmanned Aerial Vehicle Makes Aerospace History As The First … [+] Uav To Fly Unrefueled 7,500 Miles Across The Pacific Ocean From Edwards Air Force ...
Qualcomm Stock Could Rise in 2023. J.P. Morgan Cites 3 Reasons Why.
Text size Qualcomm President and CEO Cristiano Amon. Ethan Miller/Getty Image J.P. Morgan predicts Qualcomm, a maker of mobile processors and 5G wireless chips, is primed for a comeback next year. On ...
TSMC Makes a $40 Billion Bet on U.S.-Made Chips. Don’t Declare Victory Yet.
This past Tuesday, Taiwan Semiconductor Manufacturing announced that it would expand its investments in Arizona to more than $40 billion—from its initial $12 billion commitment. TSMC’s first Arizona f...
Apple, AMD confirm they’re among TSMC’s first Arizona customers, while Intel preps for return to cutting edge in 2023
Apple Inc. Chief Executive Tim Cook confirmed at an event Tuesday that the tech giant will be one of Taiwan Semiconductor Manufacturing Co.’s first Arizona fab customers, while Intel Corp. hopes to jo...
The Silliest, Most Desperate Moves He’s Made At Twitter So Far
Twitter. getty It’s been such a colossal boondoggle, of almost epic proportions in the business world, that it might be hard to set down the silliest, most ridiculous moves that Elon Musk has made at ...
Marvell Stock Sinks as Earnings Fall Short. Customers Are Pulling Back.
Marvell Technology shares were sinking in late trading Thursday after the data- center semiconductor firm’s earnings and outlook disappointed Wall Street. The company said makers of storage equipment ...
Taiwan Economy Grew 4% In Quarter Marked By Heightened Military Tension With Mainland China
An Albatross unmanned aerial vehicle ready to take off during live-fire drills at Hengchun Airport … [+] in Taiwan amid heightened military tension with Beijing in August. Photographer: I-Hwa Ch...
20 dividend stocks with high yields that have become more attractive right now
Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow i...
Cloud software is suffering a cold November rain. Can Snowflake and Salesforce turn it around?
The week after Thanksgiving could determine if cloud software is still too fat or if there are some tasty leftovers for Wall Street. Autodesk Inc. ADSK, +1.82% signaled a slowdown in business spending...
U.S. Commerce Secretary To Attend Ceremony At TSMC’s New $12 Billion Chip Plant In Arizona On Dec. 6; Biden Invited
Katherine Tai, US trade representative, right, shakes hands with Morris Chang, founder of Taiwan … [+] Semiconductor Manufacturing Company (TSMC), at the Asia-Pacific Economic Cooperation (APEC)...
Dow ends nearly 350 points lower after strong economic data, bearish comments by David Tepper fuel worry about rate hikes
U.S. stocks ended well off session lows but still fell sharply, after a round of upbeat economic data and a warning from hedge-fund titan David Tepper that he was “leaning short” against both stocks a...