Broadcom Inc. has received a Strong Buy rating after a big drop in stock price following…
Tag: semiconductors
Micron Faces High Expectations Ahead of Q4 Earnings Report
Micron Technology, Inc. will report its fourth-quarter earnings on September 30, 2023. Analysts are worried about…
CXMT Reports 870% Revenue Surge in First Earnings Since IPO
China's CXMT, a top DRAM chipmaker, reported a revenue increase of 873.64% year-on-year. The revenue reached…
Nvidia Reports $96.2 Billion Revenue, Shares Surge 7%
Nvidia Corp reported revenue of $96.2 billion for the second quarter. This marks a 106% increase…
Nvidia Stock Falls Ahead of Earnings Amid Investor Concerns
Nvidia's stock dropped over 2% on Monday, marking its seventh straight day of losses. Investors are…
Micron Downgraded Amid Competition and Valuation Concerns
Micron Technology Inc. (NASDAQ: MU) has been downgraded to Hold by analysts. This decision comes from…
Microsoft Faces AI Chip Shortage Amid Expansion Plans
Microsoft's plans for artificial intelligence may face challenges due to a shortage of advanced AI chips.…
CXMT Becomes China’s Most Valuable Firm Amid AI Demand Surge
ChangXin Memory Technologies (CXMT) reached a market value of 4.13 trillion yuan (about $570 billion) on…
Hyperscaler AI Spending Expected to Hit $1.2 Trillion
Hyperscaler capital expenditures on artificial intelligence infrastructure are projected to reach $1.2 trillion over the next…
KOSPI Surges Nearly 13% on Semiconductor Gains
South Korea's KOSPI index surged 12.84% to close at 6,311.81 on Thursday, driven by significant gains…