By Johann M Cherian, Sukriti Gupta and Chibuike Oguh NEW YORK (Reuters) -Wall Street's main stock indexes closed sharply ...
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 6.3% in the afternoon session as the major indices ...
TSMC today said it will expand its investment in advanced semiconductor manufacturing in the U.S. by an additional $100 ...
Nvidia Corp.'s stock is sinking toward its lowest levels in months as the artificial-intelligence trade continues to unravel. Shares of Nvidia (NVDA) are down 9.7% in afternoon trading Monday, having ...
The AI trade continued to falter on Monday, with Nvidia stock slumping into bear territory. Equities nosedived after President Trump reiterated plans for a 25% tariff on Canadian and Mexican imports ...
"While unwelcome, volatility is common in semi stocks and does not always presage a fundamental shift," Bank of America said.
U.S. stocks are falling sharply after President Donald Trump said tariffs he announced on Canada and Mexico will take effect ...
Also in the semiconductor industry, Intel (INTC) gained 1.5% after Nvidia and Broadcom (AVGO) were said to be testing out ...
Broadcom has examined Intel's chip design and marketing unit, while TSMC has separately studied acquiring some or all of its ...
Key Takeaways Broadcom is expected to report fiscal first-quarter results after the market closes Thursday.Analysts are ...
Intel rivals TSMC and Broadcom are reportedly exploring potential deals that could split the storied American chip giant.
Wall Street’s main stock indexes declined on Monday, reversing premarket gains after data showed that new orders ...