Qualcomm plans to start global job cuts in November, following annual employee performance reviews. This information…
Tag: semiconductors
Asian Stocks Slide; South Korea’s Kospi Index Hits April Low
Asian stocks fell on Friday, ending a recent rally in the United States driven by chip…
US Chip Stocks Recover After $2 Trillion Market Value Loss
US semiconductor stocks bounced back on Thursday after a big drop that wiped out about $2…
Broadcom Upgraded to Strong Buy Amid AI Revenue Surge
Broadcom Inc. has received a Strong Buy rating after a big drop in stock price following…
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.…