Micron Technology Inc
Wall Street will continue to monitor the Iran-Israel conflict next week, with stocks at an impasse
Wall Street will continue to monitor the Iran-Israel war next week, with stocks at a bit of an impasse as investors await greater clarity on the economic outlook. The S & P 500 remains on the cusp of an all-time high, more than 2% off a February peak it has yet to clear as investors […]
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Trump’s $499 smartphone will likely be made in China
US President Donald Trump uses a cellphone aboard Marine One before it departs Leesburg Executive Airport in Leesburg, Virginia, on April 24, 2025. Trump is returning to the White House after attending a MAGA, Inc. dinner at the Trump National Golf Club Washington, DC. Alex Wroblewski | AFP | Getty Images The Trump Organization’s newly-announced […]
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These stocks, including Oracle, are among the most overbought on Wall Street
Several stocks could soon be due for pullbacks after seeing sizable gains this week, according to a widely-used technical indicator. Stocks took a hit Friday after Israel launched a series of airstrikes on Iran in the largest attack on the Islamic Republic since the Iran-Iraq war in the 1980s. Following Israel’s attack, which killed at […]
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China’s racing to build its AI ecosystem as U.S. tech curbs bite. Here’s how its supply chain stacks up
Chip engineer handling a wafer. Compared to Nvidia’s export-restricted chips, the performance gap between Huawei and the H20 is less than a full generation,” said Dylan Patel, founder, CEO and chief analyst of SemiAnalysis. Sinology | Moment | Getty Images With the U.S. restricting China from buying advanced semiconductors used in artificial intelligence development, Beijing […]
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Nvidia tops Microsoft, regains most valuable company title for first time since January
Nvidia CEO Jensen Huang speaks as he visits Lawrence Berkeley National Lab to announce a U.S. supercomputer to be powered by Nvidia’s forthcoming Vera Rubin chips, in Berkeley, California, U.S., May 29, 2025. Manuel Orbegozo | Reuters Nvidia passed Microsoft in market cap on Tuesday, once again becoming the most valuable publicly traded company in […]
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Exclusive look at the making of High NA, ASML’s new $400 million chipmaking colossus
Behind highly secured doors in a giant lab in the Netherlands, there’s a machine that’s transforming how microchips are made. ASML spent nearly a decade developing High NA, which stands for high numerical aperture. With a price tag of more than $400 million, it’s the world’s most advanced and expensive chipmaking machine. CNBC went to […]
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SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom
Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images South Korea’s SK Hynix on Thursday topped quarterly revenue and operating profit estimates, with demand for its high bandwidth memory offerings used in generative artificial intelligence chipsets remaining robust. Here are SK Hynix’s first-quarter results […]
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Stocks making the biggest moves midday: Nvidia, ASML, Advanced Micro Devices and more
Check out the companies making headlines in midday trading: Nvidia — Shares tumbled more than 7% after Nvidia said it will record a $5.5 billion charge tied to exporting H20 graphics processing units to China, along with other destinations. The company said in a regulatory filing that the U.S. government informed Nvidia it would require […]
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Chip stocks fall as Nvidia, AMD warn of higher costs from China export controls
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, California, on March 18, 2025. Brittany Hosea-small | Reuters Technology stocks declined Wednesday, led by a 8% drop in Nvidia, as the chipmaking sector signaled that President Donald Trump’s sweeping tariff plans could hamper demand […]
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Apple drops 5% after notching best day since 1998
Apple shares declined 5% Thursday, giving back some of Wednesday’s gains that pushed the iPhone maker to its best day since January 1998. The technology giant, down 15% so far this month and nearly 25% since the start of 2025, surged more than 15% Wednesday after President Donald Trump announced a 90-day pause on some […]
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