-
5 Semiconductor Stocks Wall Street Analysts Predict Could Soar In 2025
Monday, December 23, 2024 - 3:55pm | 594The semiconductor sector has had an electrifying run in recent years, but 2024 proved to be more selective. While some chipmakers soared to triple-digit gains, others struggled to stay afloat. As traders look forward to2025, a fresh question emerges: Should you chase the winners, pick the laggards...
-
Jim Cramer Warns Nvidia's 'Vicious' And 'Fast' Reversal Is Coming Amid 174% Surge This Year And China Antitrust Probe
Monday, December 16, 2024 - 9:59pm | 534Jim Cramer cautioned investors about Nvidia Corp. (NASDAQ:NVDA) on Monday, predicting a potential market correction for the semiconductor giant that has seen its value surge 174% this year. What Happened: “Still no crescendo moment in Nvidia. It will happen, just not yet….the reversal...
-
Broadcom Mounts Strongest 2-Day Rally Since IPO: Leveraged ETF Nearly Doubles In 2 Sessions
Monday, December 16, 2024 - 6:00pm | 620Broadcom Inc.‘s (NASDAQ:AVGO) stock price soared 38% over two sessions — its strongest two-day rally since going public in 2009. A blowout earnings report, bullish analyst updates, and promising artificial intelligence (AI) developments vaulted the semiconductor company into the elite...
-
Micron Technology Stock Jumps In Pre-Market After Securing $6.1B Investment For US Chip Manufacturing
Tuesday, December 10, 2024 - 8:54am | 604The White House announced on Tuesday that Nvidia, AMD rival Micron Technology Inc. (NASDAQ:MU) has received a substantial investment of over $6.1 billion. Following this, the stock jumped by 2.47% during pre-market hours. What Happened: The investment will support the construction of advanced...
-
Broadcom Notches Strongest Session In 3 Months: Why Seasonal Trends May Bolster Year-End Gains
Friday, December 6, 2024 - 4:41pm | 409Broadcom Inc. (NASDAQ:AVGO) surged over 5% on Friday, marking its strongest one-day rally in three months and significantly outperforming the broader semiconductor sector as the iShares Semiconductor ETF (NYSE:SOXX) posted a modest gain of 0.6%. The semiconductor giant announced on Thursday its...
-
Intel Shakes Up Board With ASML And Microchip Technology Veterans Amid CEO Transition
Friday, December 6, 2024 - 12:59am | 592Intel Corporation (NASDAQ:INTC) has appointed semiconductor industry veterans Eric Meurice and Steve Sanghi to its board of directors, the company announced Thursday, as it navigates through significant leadership transitions and market challenges. What Happened: The appointments come days after...
-
As Nvidia Maintains Chip Supremacy, Jim Cramer Says Foes Of Semiconductor Giant 'Aren't Really Enemies'
Monday, November 25, 2024 - 10:17pm | 807NVIDIA Corp. (NASDAQ:NVDA) continues solidifying its dominance in the artificial intelligence semiconductor market, with CNBC’s Jim Cramer emphatically saying that no company can successfully challenge the tech giant’s technological supremacy. What Happened: Cramer, host of “Mad...
-
Kulicke And Soffa Industries Likely To Win Order From Leading Semiconductor Company, Says Bullish Analyst
Friday, November 15, 2024 - 11:45am | 381Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) shares were rising in early trading on Friday, after shedding more than 5% this week. While reporting earnings, the company announced an order for fluxless TCB from "the world’s leading foundry," which could be chipmaker Taiwan Semiconductor Mfg...
-
Tower Semiconductor Analyst Raises Forecast On 'Aggressive AI-Levered Demand'
Thursday, November 14, 2024 - 1:11pm | 325Tower Semiconductor Ltd (NASDAQ:TSEM) tanked in trading on Thursday, after the company reported upbeat third-quarter results. The company reported strong results and announced higher-than-expected guidance on "aggressive AI-levered demand," according to Benchmark. Analyst Cody Acree reiterated a...
-
TSMC's $65B Investment In US Will Help Avoid Trade Imbalance, Says Taiwan Central Bank Governor As Trump Returns To White House
Thursday, November 14, 2024 - 9:54am | 516Amid concerns over potential trade penalties from the U.S., Yang Chin-long, the governor of Taiwan’s central bank, has voiced optimism for Taiwan Semiconductor Manufacturing Co.’s (NYSE:TSM) upcoming $65 billion investment in U.S. factories. What Happened: During a legislative...
-
Nvidia Supplier TSMC Faces Regulatory Hurdles In Manufacturing 2-Nanometer Chips Abroad, Minister Says 'Core Technology Will Stay In Taiwan'
Monday, November 11, 2024 - 12:55am | 493Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) is unable to manufacture 2-nanometer chips overseas due to Taiwan’s technology protection regulations, as stated by the Minister of Economic Affairs, JW Kuo. What Happened: A report on Thursday raised concerns that TSMC may be forced to accelerate...
-
Arm Holdings Beats Q2 Expectations, Analysts See Growth In Cloud, Automotive Markets
Thursday, November 7, 2024 - 2:02pm | 676Arm Holdings PLC (NASDAQ:ARM) shares were climbing Thursday after the company reported upbeat fiscal second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Arm Holdings Analyst Toshiya Hari reiterated a Buy...
-
Nvidia's Need For Speed: Jensen Huang Pushes SK Hynix For Earlier Memory Chip Delivery
Monday, November 4, 2024 - 2:23am | 569Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang has requested SK Hynix Inc. (OTC:HXSCF) to expedite the supply of its next-generation high-bandwidth memory chips by six months. What Happened: The request was made during a meeting between Huang and SK Group Chairman Chey Tae-won, reported Reuters on...
-
Semiconductor Company UMC Surpasses Q3 Revenue Expectations, Eyes Growth With New Projects In Pipeline
Wednesday, October 30, 2024 - 9:42am | 512Taiwan-based United Microelectronics Corp (NYSE:UMC) reported a third-quarter fiscal 2024 revenue growth of 6% year-on-year to $1.91 billion (NT$60.49 billion). The company beat the analyst consensus estimate of $1.88 billion. The revenue increased by 6.5% quarter over quarter. Earnings per ADS...
-
Team Biden's Ban On China Tech Investments Could Impact Tesla's AI Plans: Report
Tuesday, October 29, 2024 - 9:10am | 553The United States has announced a ban on investments in China’s semiconductor and AI sectors, potentially affecting Tesla Inc. (NASDAQ:TSLA) and its operations in the region. What Happened: The Biden administration will prohibit U.S. investments in China’s semiconductor, quantum, and AI...