Tag: chip stock
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Nvidia ignites chip stock rally as forecast shows AI boom is intact
Aug 27 : Nvidia ignited a chip-stock rally on Thursday with a rare long-term revenue projection that did what its recent quarterly beats could not — ease investor fears that the AI boom is fading.Shares of the chipmaker jumped 6.8 per cent, putting the chipmaker on track to add about $295.7 billion in marke
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South Korean shares soar after chip stock rout
It comes after a three-day rout that wiped hundreds of billions of dollars off the value of the country’s stock market.
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Chip stock pullback sparks worries about AI rally strength, leveraged trades
July 17 : A brutal week for chip stocks — the same names that fueled this year’s blistering market rally — has left investors from Seoul to Silicon Valley asking whether the AI boom became over-leveraged and got ahead of itself.Investors from Asia to Europe pulled back from AI-exposed stocks and so-called
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Micron and Qualcomm forecasts ignite $400 billion AI chip stock rally
June 24 : Shares of chipmakers surged late on Wednesday, adding over $400 billion in market value after strong forecasts from Micron Technology and Qualcomm breathed fresh life into Wall Street’s recently waning AI stock rally.Micron surged 12 per cent in extended trade after forecasting quarterly earnings ab
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