The chip sector melted down Friday after U.S. regulators moved to pump the brakes on China’s military ambitions by issuing new restrictions on semiconductor and AI technology that can be sold to the c...
Tag: Semiconductors
AMD Cuts Revenue Forecast Amid Worst Slump in PC Shipments in Years
Listen to article (1 minute) Advanced Micro Devices cut its revenue forecast for the most recent quarter citing weaker-than-expected demand for the personal computers that use its chips. The chip make...
AMD Revenue Warning Has Stock Falling
Advanced Micro Devices warned Thursday afternoon that it will miss its prior guidance for the September quarter, citing deteriorating demand for PCs. The chip maker’s stock is falling in after hours t...
Taiwan Businesses Support Reduction In Economic Dependence On Mainland China – CSIS Survey
Apple supplier Hon Hai Precision Industry is one of the largest Taiwan investors in the mainland. … [+] Photographer Lam Yik Fei/Bloomberg © 2022 Bloomberg Finance LP Taiwan companies support a ...
What Micron’s Billions Toward Semiconductors Means For Inflation, Job Opportunities, The Stock Market And More
LightRocket via Getty Images Key takeaways On Tuesday, Micron Technology announced plans to invest up to $100 billion into a new “mega-fab” plant in New York The semiconductor manufacturer and state o...
He nailed three big S&P 500 moves this year. Here’s where this strategist sees stocks headed next, with beaten down names to buy.
A Wall Street hat trick may not be on the cards, with stocks in the red for Wednesday. A two-day rally was never a guaranteed exit out of the bear woods anyway, as some say signs of a durable bottom a...
Nvidia closes Russian offices, will fly relocating employees out of the country, report says
Chipmaker Nvidia is ending its activities in Russia, and is giving its employees in the country the opportunity to relocate. In a statement, Nvidia Corp. NVDA, +5.23% confirmed that it is ceasing all ...
Micron Plans to Build Largest U.S. Chip Plant Ever
Micron Technology plans to invest billions of dollars to build a huge new chip manufacturing plant. The company says the so-called megafab will be the largest semiconductor factory ever built in the U...
Micron faces ‘unprecedented’ supply issues, and analysts are split on if the bottom has been hit
Micron Technology Inc. is dealing with an “unprecedented” oversupply problem, but whether it gets worse or better in the near-term is up for debate. However, analysts had different ideas about when th...
Taiwan Bank To Buy California-Based American Continental, Eyes Further U.S. Expansion Amid Cross-Strait Tension
Taichung Commercial Bank aims to serve popular hubs among Chinese-Americans such as Los Angeles. … [+] Photographer: Bing Guan/Bloomberg © 2022 Bloomberg Finance LP Taichung Commercial Bank of T...
These 20 stocks in the S&P 500 tumbled between 20% and 30% in September
Stocks declined again on Friday, closing out September with large losses across the board as the rally from the June lows partway through August faded into memory. The S&P 500 SPX fell 1.5% on Fri...
Opinion: Micron earnings suggest the chip downturn could be worse than Wall Street expects
Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current chip...
PC Demand Is Tanking. What It Means for Nvidia, AMD and Intel Stock.
Susquehanna is getting more pessimistic about the outlook for PC sales. On Thursday, semiconductor analyst Christopher Rolland reduced his price targets for Nvidia (ticker: NVDA ) stock to $180 from $...
Intel Introduces Videogame Graphics Chips to Challenge Nvidia
Sept. 27, 2022 3:02 pm ET Listen to article (2 minutes) Intel plans to start selling graphics chips for videogamers next month, aiming to get a piece of a lucrative market dominated by competitors Nvi...
Four Takeaways From America’s $280 Billion Industrial Policy To Counter China
Last month, President Biden signed the $280 billion industrial policy bill known as the Chips Act. It’s been long discussed as an answer to the computer chip shortages that have devastated the supply ...
If chip production is recovering, why are automakers still making fewer cars?
Automakers trimmed 76,000 vehicles from global production plans in mid-September, according to analysts from AutoForecast Solutions. They’ll produce about 3.23 million fewer this year than planned, th...
Micron forecast expected to shed light on how two years of unprecedented supply problems may resolve
Micron Technology Inc. investors are hoping the memory-chip maker’s forecast will provide more color into the unprecedented supply-and-demand dynamics created by two years of COVID-19-related disrupti...
Chip Stocks Marvell and Broadcom Can Outperform, Says J.P. Morgan
Text size Dreamstime J.P. Morgan believes two chip stocks can do well even as growth prospects for the cloud market softens. On Wednesday, semiconductor analyst Harlan Sur told investors the weaker ec...
Nvidia says it’s in a ‘really good place’ for Lovelace gaming-card launch, but at what price?
Nvidia Corp. told Wall Street analysts Tuesday that the launch of its next generation of gaming cards is well positioned, but one analyst questioned whether the higher-than-expected prices would weath...
AMD and Intel Say PC Demand Is ‘Getting Worse.’ That’s Bad News for Chip Stocks.
Text size Intel headquarters in Santa Clara, Calif. David Paul Morris/Bloomberg So much for the vaunted second-half comeback. The two major computer-chip companies are now acknowledging PC demand is f...
Nvidia is about to make a big announcement during a difficult time
Nvidia Corp. faces a much more troublesome environment from the last time it launched a new chip architecture as it approaches a new launch. Nvidia NVDA, +2.08% kicks off its fall GTC event on Monday,...
Why Is Biden Restricting More Chip Tech To China? It’s Complicated.
Yitian 710 server chip developed by Alibaba’s in-house semiconductor unit (Photo by Xu Kangping/VCG … [+] via Getty Images) VCG via Getty Images The Biden administration plans to broaden c...
Taiwan Semiconductor Is a Top Pick in a Weak Chip Market, Says Analyst
Text size The Taiwan Semiconductor Manufacturing building in Taichung, Taiwan. I-Hwa Cheng/Bloomberg Bernstein believes investors should look through any immediate hiccups and focus on Taiwan Semicond...
These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout
A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tighte...
US to Pass Stricter Regulations on Semiconductors Shipments to China
The new regulations will support the previous rules that were passed earlier this year. US president Joe Biden plans to announce a stricter restriction on semiconductors and chipmaking tool shipments ...
3 Chip Stocks for a Potential Recession, According to an Analyst
Broadcom is one of three chip stocks Bernstein identified as able to outperform in a recession. Justin Sullivan/Getty Images Text size Bernstein believes three semiconductor stocks can outperform if t...
Opinion: The stock market is in no man’s land. Prepare to cash in when the turnaround comes
If you were too scared to buy stocks last week when investors panicked, I’d suggest doing a little selling now to free up your nerves — and capital. I’ll be a buyer on the next leg down, just as I was...