Taiwan Semiconductor Manufacturing Co Ltd
CNBC Daily Open: Tech sells off but AI is still likely to drive markets
Nvidia CEO Jensen Huang delivering a keynote address at the Consumer Electronics Show in Las Vegas, Nevada on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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CNBC Daily Open: Tech sells off but AI isn’t going anywhere for now
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show 2025, in Las Vegas, Nevada, U.S., on Jan. 6, 2025. Artur Widak | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to […]
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World’s biggest chipmaker TSMC posts record 2024 revenue as AI boost continues
The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on Sept. 26, 2023. Brendan Mcdermid | Reuters Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom. The world’s […]
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Bernstein says Taiwanese chip supplier behind Nvidia’s tiny supercomputer to benefit in 2026
MediaTek , the Taiwanese semiconductor company collaborating with Nvidia on its small artificial intelligence supercomputer, is expected to see significant financial benefits from the partnership starting in 2026, according to Bernstein. The project, unveiled by Nvidia at the electrics show CES this week, involves MediaTek’s contribution to the Grace Blackwell 10 (GB10) chip design, which […]
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Asia-Pacific markets rise after tech rally lifts Wall Street higher
Workers are processing chips at a workshop of an optoelectronic technology company in Huai’an, China, on May 11, 2024. Costfoto | Nurphoto | Getty Images Japan’s Nikkei 225 rebounded after leading losses in Asia on Monday, climbing 0.77%, while the broad-based Topix gained 0.45%. South Korea’s Kospi advanced 0.97%, with chip heavyweights Samsung Electronics and […]
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Stocks making the biggest moves midday: FuboTV, Paycor, Plug Power and more
Check out the companies making headlines in midday trading. FuboTV — The streaming provider soared 251% after confirming it struck a deal to combine its online live TV businesses with Walt Disney . The new venture will be 30% owned by Fubo and 70% by Disney and form the second-largest digital pay-TV provider after YouTube […]
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Stocks making the biggest moves premarket: FuboTV, American Airlines, Nvidia, Microsoft and more
Check out the companies making headlines before the bell. American Airlines – Shares gained more than 4% after TD Cowen upgraded the airline to a buy from a hold rating and lifted its price target to a Wall Street high. The new target implies roughly 47% upside from Friday’s close. FuboTV – The streaming provider […]
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Chip stocks lead European markets higher; ASML up 5% after Foxconn revenue jump
European markets gained ground on Monday, with chip firms leading gains, after a choppy start to the year for stocks. The Stoxx 600 had a mixed performance last week, though it ended 0.2% higher amid a rocky start to 2025 for stocks around the world. Mixed sentiment could continue this week as traders look for […]
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Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain
Hock Tan, CEO of Broadcom (L) and former CEO of Intel, Pat Gelsinger. Reuters | CNBC It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area’s moniker. Intel, the 56-year-old chipmaker co-founded by industry pioneers Gordon Moore and Robert Noyce and legendary […]
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CNBC Daily Open: Holiday-thinned markets cheered by strong Wall Street finish
Traders work on the floor of the New York Stock Exchange on Dec. 9, 2024. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what […]
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