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.
ASML sparked a global chip stock sell off
After a volatile summer, ASML Holding NV investors are hoping that its earnings report will underline the chip equipment ...
U.S. banks beat earnings expectations as dealmaking returns, United Airlines shrugs off Delta’s gloom, and more news to start ...
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 ...
The latest revenue and guidance miss, which led to the recent record plunge in ASML stock, is likely to be in the rearview ...
TSMC's high-performance computing segment, which includes AI chips, made up 51% of overall revenue in the third quarter. The company expects its revenue from AI-related servers and processors to ...
ASML Holding's valuation compressed over the past 3 months, making for a more favorable risk-reward profile. Click for a ...
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 ...
Nvidia stock was rising Wednesday as investors digested the fallout from Tuesday’s chip stocks plunge after the early release ...
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