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Tag : chip stocks

Stock Market

Nasdaq Posts Worst Week Since June as Chip Rout and AI Debt Fears Rattle Wall Street

Rohan Kumar
Wall Street ended a turbulent week on Friday with technology shares taking the heaviest losses. Unease over the borrowing behind the artificial intelligence build-out collided...
Technology

Chinese Memory Chipmaker CXMT Rattles Global Markets With Server Chip Ambitions

Rohan Kumar
Shares in the world’s leading memory chipmakers fell for a second straight session on Tuesday, after a little-known Chinese rival said it is moving into...
Stock Market

Nvidia’s Record $150 Billion Buyback Puts Shares at Their Highest Close Since May

Rohan Kumar
Nvidia has handed investors one of the largest vote-of-confidence signals in corporate history, adding $150 billion to its share repurchase programme and sending its stock...
Stock Market

Wall Street Starts Fourth Quarter With Chip-Led Gains as Bond Yields and Jobs Data Loom

Rohan Kumar
Wall Street began the fourth quarter on firmer footing on Thursday, as a blowout earnings report from Micron Technology revived appetite for artificial intelligence shares...
Stock Market

Micron Reports After the Bell With Wall Street Braced for a Record $51 Billion Quarter

Rohan Kumar
Few companies on Wall Street go into an earnings report with expectations as steep as Micron’s. When the memory chipmaker reports its fiscal fourth-quarter results...