SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images Asian semiconductor stocks tumbled Thursday, as a sell-off in U.S. chipmakers spilled into the region, with SK Hynix continuing to see massive volatility since its U.S. listing last week. Shares of…
People work on the floor of the New York Stock Exchange (NYSE) on July 07, 2026 in New York City. Spencer Platt | Getty Images International Business Machines shares plummeted 25% on Tuesday after the hardware, software and consulting provider released preliminary second-quarter results that fell short of expectations. The stock logged its worst day…
ASML on Wednesday raised its guidance for the second time this year as its customers continue to ramp up production capacity of AI chips. The Dutch semiconductor-equipment maker said it now expects full-year sales to come in between 43 billion euros ($49 billion) and 45 billion euros, and a gross margin of between 54 and…
CNBC’s Jim Cramer said Tuesday that today’s stock market is nowhere near the kind of bubble that preceded the dot-com crash. While companies such as SpaceX may fuel perceptions of excess, Cramer argued they are exceptions to the rule, rather than representative of the broader market. “There are always outliers,” the “Mad Money” host said….
Worries over rising competition have put pressure on Broadcom , but Morgan Stanley has come to the chipmaker’s defense, calling it “a core AI winner” second only to Nvidia. In a note to clients on Tuesday, analysts at Morgan Stanley said concerns that Taiwan-based semiconductor company MediaTek could significantly steal Broadcom’s share of Google’s tensor…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks rose Tuesday after a cooler-than-expected June consumer inflation report eased concerns that the Federal Reserve would need to raise interest rates this month. While the inflation data boosted…
Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Taiwan’s second-largest contract chipmaker, United Microelectronics Corporation (UMC), announced Tuesday its first mass-produced silicon photonics wafers manufactured within its Singapore facility. UMC is aiming to address the growing demand for high-speed…
Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Jan. 2, 2026. Michael Nagle | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Co. reported a 67.9% year-on-year rise in its June sales on Monday, ahead of its second-quarter earnings release later this…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images SK Hynix shares tumbled more than 10% in Seoul on Monday after the chipmaker’s strong Nasdaq debut Friday, as investors locked in profits and weighed whether surging demand for artificial intelligence…
Global stock markets have been under pressure as geopolitical tensions have resurfaced in the Middle East. Moreover, investors remain concerned about the sustainability of AI-driven demand and infrastructure spending. Nonetheless, those looking for attractive stock picks amid the ongoing volatility can gain key insights by tracking the recommendations of top Wall Street analysts. These experts…
