Chip Stocks

Semiconductor company Intel Corporation (NASDAQ: INTC) is set to report second quarter financial results after market close Thursday. Here are the key points to watch. Earnings Estimates: Intel is expected to report second-quarter revenue of $10.97 billion, according to analyst estimates data from...

Cathie Wood's Ark Investment Management continued to shed shares of Nvidia Corp. (NASDAQ:NVDA) amid Wall Street’s concerns that the chipmaker's valuation is now stretched following the AI-induced rally. Chip Pair Trade: Ark's Ark Autonomous Technology & Robotics ETF (CBOE: ARKQ) sold 6,...

Cathie Wood-led ARK Investment Management bought over $3.8 million in chip stocks on Monday as the market witnessed some correction in recent times. Funds operated by ARK bought over 18,500 shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) at an estimated valuation of close to $2 million based on...

Technology and chip company Qualcomm Inc (NASDAQ: QCOM) reported second-quarter financial results after the market close Wednesday. The following are key highlights for investors.  What Happened: Qualcomm reported second-quarter revenue of $9.28 billion, down 17% year-over-year. The revenue...

Chipmaker Intel Corporation (NASDAQ: INTC) reported first-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Intel reported first-quarter revenue of $11.7 billion, which was down 36% year-over-year. The revenue total beat a Street consensus estimate...

Semiconductor companies could be under pressure with tighter restrictions being placed on companies operating in China. What Happened: New restrictions coming from President Joe Biden's administration could limit the amount of federal money semiconductor companies receive if they have...

As chipmaker Nvidia Corporation (NASDAQ: NVDA) gears up to release its quarterly earnings results on Wednesday, some analysts now appear to be limited in their optimism for the stock which has gained over 44% since the beginning of the year. Greg Bassuk, chief executive officer at AXS Investments...

Cathie Wood-led ARK Investment Management made a whopping buy in shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) on Tuesday, purchasing 72,848 shares of the chipmaker at an estimated valuation of over $5.5 million based on Tuesday’s closing price. The purchase was done via the ARK...

Technology company Qualcomm Incorporated (NASDAQ: QCOM) reported first quarter financial results and second quarter guidance after market close Thursday. Here are the key highlights. What Happened: Qualcomm reported first-quarter revenue of $9.46 billion, a decline of 12% year-over-year. The...

Tech earnings begin to drop this week, with a couple of big-name chip stocks and a few semiconductor-equipment manufacturers among the early reporters from the sector. What Happened: China headwinds associated with the slowing economy and reopening portend a choppy chip earnings season ahead,...

After witnessing a volatile week where major U.S. indices closed over 2% higher, market participants are keenly watching out for the U.S. Federal Reserve’s policy decision due this week.  The core personal consumption expenditures price index has risen 0.5% from the previous...

Semiconductor company Intel Corporation (NASDAQ: INTC) reported third-quarter (Q3) financial results after the market close Thursday. Here are the key highlights. What Happened: The Santa Clara, California-based company's Q3 revenue was $15.3 billion. That's down 20% year-over-year. The...

Apple Inc. (NASDAQ: AAPL)-supplier Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) shares jumped over 5% in the Taiwan trading session after the company posted an 80% surge in its third-quarter net profit at NT$280.87 billion ($8.81 billion). This is the company’s strongest growth in two years...

The U.S. index futures are pointing to a higher opening on Wall Street, reflecting traders’ hopes that the consumer price inflation data may prove benign. Stocks opened Wednesday’s session higher but trading was characterized by a lack of direction amid the release of the September...

The major U.S. index futures are pointing to a sharply lower opening on Tuesday as traders look ahead to imminent earnings season and key economic data, which are mostly back-end loaded this week. On Monday, stocks retreated amid the ongoing uncertainty over interest rates and the economic outlook...