Stock Market Update: Chip Stocks Suffer as Taiwan Semiconductor Reports Earnings | Latest News Stock Market Update: Chip Stocks Suffer as Taiwan Semiconductor Reports Earnings Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures. In the latest stock market news, chip stocks took a beating on Wednesday as investors awaited … Read more
Stock Market Update: Dow Jones Futures Rise Slightly Stock Market Update: Dow Jones Futures Rise Slightly Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. Chip-equipment giant ASML reports before Wednesday’s open. Market Action The ailing stock market rally had a relatively quiet Tuesday. The major indexes closed narrowly mixed. … Read more
Taiwan Semiconductor Manufacturing (TSM) has exceeded first-quarter sales expectations, driven by the growing demand for artificial intelligence chips, resulting in a rise in TSM stock. The company reported a 16.5% year-over-year increase in sales for the March quarter, surpassing analyst estimates of 13.9% revenue growth. Total revenue for the quarter amounted to $18.86 billion, compared … Read more
Dow Jones Futures Rise as CPI Inflation Report Looms along with Key Reports from Delta Air Lines and Taiwan Semiconductor Dow Jones futures, along with S&P 500 futures and Nasdaq futures, showed a slight rise in overnight trading. Investors closely await the CPI inflation report scheduled for Wednesday. Additionally, key reports from Delta Air Lines … Read more
Advanced Micro Devices Takes On Nvidia in the Market for AI Chips In the red-hot market for artificial intelligence chips, Advanced Micro Devices (AMD) finds itself in a familiar position: playing No. 2 to the market leader, Nvidia. AMD’s Battle for Market Dominance Playing the role of the underdog is nothing new for AMD. In … Read more
Major Stock Indexes Close Mixed as Dow Jones Leads the Day The major stock indexes closed mixed on Wednesday, with the Dow Jones Industrial Average leading the way, the Nasdaq lagging behind, and the S&P 500 dipping lower. Despite morning losses, artificial intelligence leader Nvidia (NVDA) managed to trim its losses and regain a key … Read more
A Wall Street Firm Raises Price Targets on NVIDIA Stock and Super Micro Computer Ahead of GTC Conference A Wall Street firm has recently increased its price targets on NVIDIA stock and Super Micro Computer ahead of NVIDIA’s GTC conference for AI developers set to take place next week. The firm believes that this event, … Read more