Advanced Micro Devices Inc

Nvidia, Intel lead rally in chip stocks as optimism on economy boosts riskier assets
Pat Gelsinger, CEO, of Intel Corporation, holds a semiconductor chip while testifying during the Senate Commerce, Science, and Transportation hearing titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Semiconductor stocks rose on Thursday as investors regained their […]
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ASML is the only company making the $200 million machines needed to print every advanced microchip. Here’s an inside look
In the southern Dutch town of Veldhoven, near the border with Belgium, sits the only factory capable of assembling a revolutionary machine that’s relied upon by the world’s biggest chipmakers. EUV lithography is the most expensive step in making the advanced microchips that power data centers, cars and iPhones. The machines are made by only […]
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Dow jumps 500 points in relief rally after Fed announces first rate hike since 2018
Stocks rallied in a wild session after the Federal Reserve raised rates and said it would hike another six times this year. The Dow Jones Industrial Average rose 518.76 points, or 1.5%, to 34,063.10 after turning red initially following the release of the Fed’s statement. It swung within a 576-point range on the session. The […]
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