Chip stocks rally after TSMC's strong sales forecast calms growth worries
TSMC's third-quarter earnings report saw the company increase its 2024 sales-growth forecast to 30%, up from previous projec ...
Chip stocks fall as ASML's weak outlook raises concerns of non-AI chip demand
AI chip giant Nvidia (NVDA.O), which had briefly surpassed Apple as the world's most valuable company the previous day, ...
Chip Stocks Fall While Energy For AI Moves Into Spotlight
The big story on Tuesday was a warning from chipmaker ASML of a slower than expected recovery in some areas of the chip ...
Nasdaq sheds 1%, S&P halts two-day win streak as ASML, Nvidia weigh on chip stocks
Wall Street retreated on Tuesday, as chip stocks took it on the chin following disappointing earnings from Dutch giant ASML ...
Morning Bid: Stocks stunned by ASML curveball, pound plunges
While banks and pharma firms dominate Wednesday's diary, reverberations from ASML's big miss knocked Wall Street (.SPX) back ...
Stock market today: Dow hits fresh record, Nvidia and chip stocks jump
A monthly report on retail sales could provide clues to whether the Fed will go for "no cut" at its next meeting.
Nvidia, Other Chip Stocks Gain After TSMC Touts 'Insane' AI Demand
Shares in Nvidia, Advanced Micro Devices, Micron and other semiconductor companies gained, after solid earnings from the world's largest contract chip maker. Taiwan Semiconductor Manufacturing reassur ...
TSMC Profit Beats Estimates Amid AI Chip Boom
TSMC posted a better-than-projected 54% rise in quarterly earnings. The company reported September-quarter net profit of ...