KOSPI Jumps Above 5% as Chipmakers Rebound, Triggering a Buy Sidecar in Seoul
South Korea’s stock market lurched sharply higher on Tuesday. The benchmark KOSPI jumped more than 5% at the open as chipmakers rebounded from a punishing...
Tag : chip stocks
Wall Street Snaps Its Losing Streak on Election Day as Chip Stocks Bounce Back
Wall Street ended Tuesday’s Election Day session with a split verdict. A rebound in semiconductor shares lifted the S&P 500 and Nasdaq to their first...
AI Selloff Shadows Global Markets as Chip Stocks Slide From Wall Street to Seoul
Global stock markets began November on edge. A technology selloff that erupted on Wall Street late last week rippled through Asian trading floors on Monday,...
Nasdaq Suffers Worst Day Since June as Doubts Over AI Spending Hit Chipmakers
Wall Street’s technology-heavy Nasdaq Composite had its worst session since June on Thursday. A string of company results revived an uncomfortable question: how much will...
Nasdaq Posts Worst Week Since June as Chip Rout and AI Debt Fears Rattle Wall Street
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...
Chinese Memory Chipmaker CXMT Rattles Global Markets With Server Chip Ambitions
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...
Wall Street Edges Lower as Chip Rout Deepens and Bond Yields Stay Above 5%
Wall Street ended a choppy session slightly lower on Tuesday as a semiconductor selloff ground on, bond yields stayed elevated and a run of mixed...
Nvidia’s Record $150 Billion Buyback Puts Shares at Their Highest Close Since May
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...
Wall Street Starts Fourth Quarter With Chip-Led Gains as Bond Yields and Jobs Data Loom
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...
Micron Reports After the Bell With Wall Street Braced for a Record $51 Billion Quarter
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...