Chip stocks fall as ASML's weak outlook raises concerns of non-AI chip demand
AI chip giant Nvidia (NVDA.O), which had briefly surpassed Apple as the world's most valuable company the previous day, dropped 4.5%, wiping out about $158 billion from its market cap, widening the gap with Apple's value of $3.56 trillion.
After a volatile summer, ASML Holding NV investors are hoping that its earnings report will underline the chip equipment ...
ASML’s outlook sparked an overreaction from investors. It’s creating another buying opportunity for AI stocks.
The latest revenue and guidance miss, which led to the recent record plunge in ASML stock, is likely to be in the rearview ...
The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.
ASML stock plummeted 26% in two days due to earnings released early and disappointing guidance. Read more about ASML stock ...
Nvidia and other chip stocks lost ground on a report that the Biden administration is considering caps on exports to certain ...
At $730 per share, ASML stock looks reasonably valued at 27 times forward earnings. However, it could remain under pressure ...
As the sole maker of the most advanced chip-making machines, ASML’s health is a bellwether of sorts for the semiconductor industry. As such, the 260 billion euro company led by Christophe Fouquet sent ...
Taiwan Semiconductor Manufacturing Company (TSM) leads chip stocks higher after reporting better-than-expected third quarter ...
U.S. banks beat earnings expectations as dealmaking returns, United Airlines shrugs off Delta’s gloom, and more news to start ...
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