Semiconductors

These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related …

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Opinion: Here’s the big concern with chip makers scoring billions in funds from Uncle Sam

On the day that Congress finally passed a long-awaited funding package for domestic US chip production, Intel Corp. slashed $4 billion from its spending plans while detailing disappointing earnings that one analyst called “the worst we have seen in our career.” On Tuesday, when President Biden signed that bill into law with Micron Technology MU, …

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Micron stock falls as company issues revenue warning amid ‘challinging’ memory chip conditions

Micron Technology Inc. shares were falling more than 5% in morning trading Tuesday after the memory-chip producer said that it expects to be impacted by “challinging” market conditions. Ahead of an investor presentation, Micron MU, -3.74% executives disclosed in a filing that they expect that revenue for the company’s fiscal fourth quarter, which ends in …

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Nvidia stock tumbles after company says revenue fell way shy of expectations

Shares of Nvidia Corp. were tumbling more than 5% in morning trading Monday after the semiconductor company disclosed that it expects to fall well of short revenue expectations for its latest quarter, largely due to gaming weakness. The company expects fiscal second-quarter revenue of $6.7 billion, up from $6.5 billion a year before, whereas analysts …

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Opinion: Take a bow, Lisa Su: AMD’s data-center business is a true rival to Intel

Advanced Micro Devices Inc. finally gave investors a direct look at its data-center business Tuesday, and Wall Street should be happy with the business that Lisa Su & Co. have rebuilt. In the first quarterly report from AMD AMD, +2.59% to include a long-desired breakdown of the server business, the chip maker reported $1.5 billion …

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AMD stock slips as revenue forecast dips below Street consensus

Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker’s revenue forecast fell below the Wall Street consensus after posting record sales, topping Street expectations and reporting a huge surge in data-center sales. “Taking a step back, while there has been additional softness in the PC market in recent months, …

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The dollar will weaken and these stocks could outperform, says Evercore

Hopes that the Federal Reserve may be less aggressive in hiking borrowing costs than previously feared have rippled swiftly across markets in the past week. Stocks have rallyed as bond yields have dropped. And it has brought the dollar’s rampage to a juddering heck. The dollar index DXY, which hit a 20-year high above 108.5 …

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Intel earnings slammed on Wall Street: ‘Such a disconnect between the company’s optimism and the current reality’

Intel Corp. drew sharp criticism from analysts after the company reported results that were disappointing on many fronts, indicating a storm of macroeconomic, competitive, and execution challenges. The chip company fell far short of expectations on revenue, profit, and gross margins in its late-Thursday report, and executives issued a forecast for the current quarter that …

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15 quality dividend stocks that you can buy on sale right now

John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “whether it is socks or stocks, we like to buy quality merchandise that is marked down.” And 2022 is a year that has set up attractive buying opportunities. Pouring money into stocks during a bull market means you’re buying high. But …

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Nancy Pelosi’s husband sells $4 million worth of Nvidia stock at a major loss

The husband of House Speaker Nancy Pelosi sold more than $4 million worth of shares in software and computer-chip company Nvidia NVDA, +5.80% this week, publicly available financial disclosures show. The trade by Paul Pelosi was executed on July 26, when he sold 25,000 shares at an average price of $165.05 per share, for a …

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