Tag: chip stocks
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Weak quarter for Intel sends shivers through cooling chip stocks
NEW YORK, Oct 29 : Chip stocks took another hit after Thursday’s weak quarterly earnings report from Intel, which could make for interesting dynamics when trading reopens on Friday.The semiconductor index sold off in post-close trading on Thursday after chipmaker Intel blamed “near term headwinds across the
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US chip stocks rise after steepest weekly selloff in months
Oct 19 : US chip stocks recovered some ground on Monday, bouncing after a bruising selloff last week as lower Treasury yields and easing crude oil prices offered some support to the recently battered AI trade. The iShares Semiconductor ETF, which is the largest ETF tracking US chip-related companies in terms
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US chip stocks set to wipe out $2 trillion after latest selloff
Oct 15 : US semiconductor stocks were set to lose $2 trillion in market value on Thursday in the steep selloff since last week, driven by rising bets of an interest-rate hike and concerns over the cost of the AI buildout. The Philadelphia SE Semiconductor index was last down 3.3 per cent, adding to a…
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Asia stocks up as chip stocks recover, oil eases
US technology stocks advanced on Monday and this was mirrored in Asian trade.
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Korean chip stocks flip to losses on lingering AI, memory pricing concerns
SEOUL, July 8 : Shares of South Korean chipmakers Samsung Electronics and SK Hynix reversed early gains to fall sharply on Wednesday, amid lingering concerns over slowing memory price growth and whether earnings have peaked.Samsung slid as much as 7.6 per cent and SK Hynix dropped as much as 5.2 per cent in a
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Korean chip stocks rebound after overnight US selloff, as chip supply remains tight
SEOUL, July 8 : Shares of South Korean chipmakers Samsung Electronics and SK Hynix rebounded on Wednesday after early losses, as investors bought the dip following a sharp selloff fuelled by concerns over the sustainability of the AI-driven chip boom.Samsung rose as much as 1.4 per cent and SK Hynix climbed a
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South Korean chip stocks slide after overnight US selloff on AI boom concerns
SEOUL, July 8 : Shares of South Korean memory chipmakers Samsung Electronics and SK Hynix fell as much as 4.4 per cent and 5 per cent, respectively, in early morning trade on Wednesday, tracking a broad selloff in U.S. semiconductor stocks after investors grew increasingly concerned about the sustainability of the A
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Global chip stocks surge as blowout Micron results reignite AI rally
SEOUL/MILAN, June 25 : Global chip stocks surged on Thursday after Micron Technology’s blockbuster results reignited the AI-driven rally, lifting tech shares from Seoul to Frankfurt as investors grew more confident about persistent demand and tightening supply.Micron, a key supplier for Nvidia’s AI chipsets
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Chip stocks plunge, but bargain-hunters stem losses in other tech names
June 23 : U.S. chip stocks stumbled on Tuesday, but the broader market’s initial slump brought out bargain-hunting investors, stemming the falloff in other companies central to the AI infrastructure rally that have powered the market over the last few years.The tech-heavy Nasdaq Composite index was still down
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