Semiconductors

These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related …

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The next frontier in the tech battle between the US and China | CNN Business

CNN Business  —  The technological arms race between the United States and China has cut across everything from smartphones and cellular equipment to social media and artificial intelligence. But a new battleground is emerging that goes a layer deeper: to the components that power our smartphones, computers, automobiles and home appliances. President Joe Biden on …

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Here’s the big concern with chip makers scoring billions in funds from Uncle Sam

On the day that Congress finally passed a long-awaited funding package for domestic U.S. chip production, Intel Corp. slashed $4 billion from its spending plans while detailing disappointing earnings that one analyst called “the worst we have seen in our career.” On Tuesday, when President Biden signed that bill into law with Micron Technology MU, …

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Nvidia’s Shortfall: Blame Gamers or Crypto Mining?

Text size Nvidia has been hurt by fading pandemic-era demand for gaming graphics cards. Justin Sullivan/Getty Images Nvidia warned that shortfalls in its gaming segment revenue would hamper second-quarter results. Analysts were left wondering how much can be blamed by a drop in demand from gamers, compared with cryptocurrency miners. The company said on Monday …

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Nvidia stock tumbles after company says revenue fell way shy of expectations

Shares of Nvidia Corp. were tumbling more than 5% in morning trading Monday after the semiconductor company disclosed that it expects to fall well short of revenue expectations for its latest quarter, largely due to gaming weakness. The company expects fiscal second-quarter revenue of $6.7 billion, up from $6.5 billion a year before, whereas analysts …

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AMD Stock Dips. Why Analysts See It as a Buying Opportunity.

Text size An AMD central processing unit for a desktop PC. Alamy Wall Street is telling investors to buy Advanced Micro Devices shares any time they fall. Analysts believe the chip maker’s second-quarter financial results show increasing long-term value despite the current difficulties in the personal-computer market. On Tuesday, AMD (ticker: AMD ) reported better-than-expected …

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AMD Stock Is Dipping. ‘Back Up the Truck’ and Buy, Says Analyst.

Text size An AMD central processing unit for a desktop PC. Alamy Wall Street is telling investors to buy Advanced Micro Devices shares any time they fall. Analysts believe the chip maker’s second-quarter financial results show increasing long-term value despite the current difficulties in the personal-computer market. On Tuesday, AMD (ticker: AMD ) reported better-than-expected …

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Take a bow, Lisa Su: AMD’s data-center business is a true rival to Intel

Advanced Micro Devices Inc. finally gave investors a direct look at its data-center business Tuesday, and Wall Street should be happy with the business that Lisa Su & Co. have rebuilt. In the first quarterly report from AMD AMD, +2.59% to include a long-desired breakdown of the server business, the chip maker reported $1.5 billion …

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AMD stock slips as revenue forecast dips below Street consensus

Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker’s revenue forecast fell below the Wall Street consensus after posting record sales, topping Street expectations and reporting a huge surge in data-center sales. “Taking a step back, while there has been additional softness in the PC market in recent months, …

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