ASML Holding NV
Major global chip equipment makers’ China revenue share has doubled since U.S. imposed export controls
A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Four of the world’s largest semiconductor equipment manufacturers, including ASML, have seen the share of their China revenue more than double since late 2022, Bank of America analysts said in a […]
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Stocks making the biggest moves midday: Ryanair, CrowdStrike, IQVIA Holdings and more
Check out the companies making headlines in midday trading: Ryanair — Shares fell 16% after the budget airline reported weaker-than-expected fiscal first-quarter earnings . The company said its quarterly profit after tax had fallen 46% and that it expects fares to be lower than expected in the summer months. CrowdStrike — The cybersecurity stock plunged […]
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China is doubling down on homegrown tech. Goldman Sachs shares its chip plays
One of the few tangible takeaways from China’s big policy meeting last week is that Beijing is intent on building up domestic tech. From an investment perspective, Goldman Sachs analysts on July 15 pointed out there are notable catalysts for certain semiconductor and artificial intelligence China stock plays from August to December. Those include new […]
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Asia chip stocks tumble amid news the U.S. may consider trade curbs
The moves from the U.S. came after Bloomberg on Wednesday reported that the Biden administration is thinking about clamping down on firms exporting their critical chipmaking equipment to China. Wong Yu Liang | Moment | Getty Images Chip stocks in Asia tumbled on Thursday following a tech selloff on Wall Street amid reports the U.S. […]
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Stocks making the biggest moves midday: Nvidia, Johnson & Johnson, Sweetgreen, GitLab and more
Check out the companies making headlines in midday trading. Chip stocks — Several large chip stocks fell after Bloomberg News reported that said the Biden Administration is considering clamping down on companies that are exporting their chipmaking equipment to China. Nvidia fell 6%, while ASML slid 11%. AMD slipped 8%. Taiwan Semiconductor Manufacturing Company tumbled […]
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Stocks making the biggest moves premarket: Nvidia, GitLab, Five Below, J.B. Hunt and more
Check out the companies making headlines in premarket trading. Chip stocks —Some of the largest semiconductor stocks were lower following a Bloomberg News report that said the Biden Administration is contemplating stiffer trade restrictions over concern that U.S. companies are giving China too much access to domestic semiconductor technology. Nvidia pulled back 4.4%, while Taiwan […]
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Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments
President Joe Biden and his Chinese counterpart Xi Jinping are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco in November. Saul Loeb | Afp | Getty Images Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter export restrictions from the U.S. […]
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ASML bookings surge as AI chip demand boosts purchases of its critical semiconductor tools
ASML logo is seen at the headquarters in Veldhoven, Netherlands, June 16, 2023. Piroschka Van De Wouw | Reuters ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives up demand for the Dutch firm’s critical semiconductor making equipment. Here’s how ASML did versus LSEG consensus estimates: Net sales: 6.24 […]
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Nvidia’s 50 percent-a-trillion greenback wipeout leaves international chip shares unstable
The symbol of Nvidia Company is noticed all through the yearly Computex laptop or computer exhibition in Taipei, Taiwan, Could 30, 2017. Tyrone Siu | Reuters World wide semiconductor stocks noticed unstable buying and selling on Tuesday just after a slump in shares of Nvidia in the course of the previous session. Shares of chip […]
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U.S. is reportedly weighing more boundaries on China’s accessibility to AI chip tech
Sinology | Second | Getty Illustrations or photos The U.S. could more tighten constraints on China’s obtain to chip technology critical for synthetic intelligence, Bloomberg documented on Tuesday. The Biden administration is weighing steps that would concentrate on superior-tech chip architecture acknowledged as gate all-all around, Bloomberg reported, citing resources common with the matter. GAA […]
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