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What's Going On With Taiwan Semiconductor Stock On Wednesday?
Wednesday, June 5, 2024 - 7:44am | 551Read More...Taiwan Semiconductor Manufacturing Co (NYSE:TSM) plays a crucial role as some Chinese AI chip firms design less powerful processors to comply with U.S. sanctions. The U.S. imposed export controls on advanced processors and manufacturing equipment to hinder China’s military AI advancements....
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Cult Of Tesla Crumbling: Early 'Die-Hard' Backers Bail As Musk's EV Empire Faces Reality Check Amid Stock Slump
Wednesday, June 5, 2024 - 4:49am | 874Read More...Tesla, Inc. (NASDAQ:TSLA) shares have been on a downward trend for over two years, underperforming the broader market. A recent report suggests some early backers are losing faith amid the company’s flailing fundamentals. What Happened: John Belton, a portfolio manager at Gabelli Funds,...
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Nvidia, AMD Chips To Get Dearer as Taiwan Semi Eyes AI Chip Price Hike
Tuesday, June 4, 2024 - 4:01pm | 598Read More...Chip stocks led by Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Qualcomm Inc (NASDAQ:QCOM), Micron Technology, Inc (NASDAQ:MU) and Arm Holdings Plc (NASDAQ:ARM) were trading lower Tuesday amid reports of Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) plans to boost...
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Apple's Streaming Ambitions In China Continue Despite Geopolitical Tensions
Tuesday, June 4, 2024 - 11:27am | 543Read More...Apple Inc (NASDAQ:AAPL) could become China’s sole U.S. streaming service. In 2023, the iPhone maker discussed introducing its Apple TV+ video streaming service in the country via a deal with leading telecommunications provider China Mobile, the Information reports. China can help Apple...
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Nvidia Emails Reveal Musk's GPU Shuffle: What's At Stake For Tesla's AI, Robotics Future
Tuesday, June 4, 2024 - 10:24am | 532Read More...Emails from Nvidia Corp (NASDAQ:NVDA) staff indicate that Tesla Inc (NASDAQ:TSLA) CEO Elon Musk redirected 12,000 H100 GPUs initially allocated for the car company to X, his social media company. The move reportedly pushes back Tesla’s supercomputer development. What Happened: Musk...
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What's Going On With Taiwan Semi Stock On Tuesday?
Tuesday, June 4, 2024 - 10:01am | 701Read More...On Tuesday, Taiwan Semiconductor Manufacturing Co's (NYSE:TSM) C.C. Wei assumed the Chairman and CEO roles, marking the first time in years someone has held both positions. The stock is trading lower on Tuesday after closing higher by almost 3% on Monday. Wei reiterated expectations for AI...
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What's Going On With Arm Holdings Stock Tuesday?
Tuesday, June 4, 2024 - 8:32am | 458Read More...Arm Holdings Plc (NASDAQ:ARM) aims to capture over 50% of the Windows PC market within five years, according to CEO Rene Haas. The stock is trading lower Tuesday after closing higher by over 5% Monday. Arms expectations follow Microsoft Corp’s (NASDAQ:MSFT) recent plans to launch a new...
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Intel Targets China Export Market - What Investors Should Know
Tuesday, June 4, 2024 - 8:28am | 527Read More...Intel Corp (NASDAQ:INTC) aims to maximize its chip exports to China, CEO Pat Gelsinger stated, cautioning that strict U.S. export controls might prompt China to develop its semiconductors. At the Computex tech trade show in Taipei, Gelsinger emphasized Intel’s ongoing efforts to export...
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What's Going On With Chinese EV Stocks Nio, XPeng, Li Auto Monday?
Monday, June 3, 2024 - 1:09pm | 437Read More...Chinese electric vehicle (EV) stocks Nio Inc (NYSE:NIO), XPeng Inc (NYSE:XPEV), and Li Auto Inc (NASDAQ:LI) grabbed investor attention on Monday following robust May delivery numbers. Nio reported selling 20,544 EVs in May, including 12,164 premium smart electric SUVs and 8,380 premium smart...
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What's Going On With Taiwan Semiconductor Stock On Monday?
Monday, June 3, 2024 - 9:13am | 541Read More...Taiwan Semiconductor Manufacturing Co (NYSE:TSM) CEO C.C. Wei will assume the role of chairman, succeeding Mark Liu, who is retiring. Wei has led TSMC since 2018, navigating significant growth and challenges. Under Wei’s leadership, TSMC’s market value nearly tripled, and revenue and...
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Why Is Arm Holdings Stock Trading Higher On Monday?
Monday, June 3, 2024 - 8:38am | 473Read More...Arm Holdings Plc (NASDAQ:ARM) stock is trading higher Monday after the broader sector selloff on Friday when the U.S. government imposed sanctions on the Middle East regarding AI chips. The British chip designer CEO Rene Haas expects artificial intelligence readiness of 100 billion Arm devices...
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Intel Eyes Increased AI Product Demand, Shifts Focus to Private Data Storage Solutions
Friday, May 31, 2024 - 12:25pm | 535Read More...Intel Corp (NASDAQ:INTC) is gearing up for increased demand for AI-capable consumer products. It anticipates that businesses will increasingly rely on private environments for AI computing needs. Intel aims to integrate AI capabilities across various products, from computers to edge computing to...
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Apple Supplier Luxshare Accused of Illegal Operations and Talent Poaching in Taiwan
Friday, May 31, 2024 - 10:14am | 418Read More...Apple Inc’s (NASDAQ:AAPL) Chinese supplier Luxshare Precision Industry is accused by Taiwanese law enforcement of illegally operating in Taiwan and attempting to poach high-tech talent. The Ministry of Justice Investigation Bureau identified Luxshare as one of eight Chinese companies involved...
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Alibaba and Coupang Intensify E-Commerce Battle with Major Investments in South Korea
Friday, May 31, 2024 - 8:49am | 473Read More...Alibaba Group Holding Limited (NYSE:BABA), through its online platform AliExpress, has significantly increased its presence in South Korea, doubling its users to 8.58 million by April, according to Wiseapp. Alibaba earmarked $1.1 billion for South Korea to build a new logistics center. This...
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OpenAI's Apple Deal Sparks Concerns In Microsoft, Could Shift AI Market Dynamics
Friday, May 31, 2024 - 8:22am | 558Read More...Microsoft Corp (NASDAQ:MSFT) is concerned about some of OpenAI’s business dealings, particularly a potential agreement between OpenAI and Apple Inc (NASDAQ:AAPL). Satya Nadella recently met with OpenAI CEO Sam Altman to discuss this deal involving integrating OpenAI services into Apple...
















