Market Analysis
Nvidia’s Stock Up Premarket After Meta Announces AI Plans
Nvidia stock rose ahead of market open on Friday after Meta announced plans to acquire 350,000 H100 AI chips.
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AI chips
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AI chips
Market Analysis
Is Samsung Poised for Significant Growth as the AI Chip Market Surges?
Samsung Electronics Co Ltd expects a substantial increase in its first-quarter operating profit to 6.6 trillion won ($4.9 billion), up from 640 billion won the previous year.
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Wall Street Bullish on Micron After Impressive Q1 Earnings
Wall Street analysts raised their price objectives on Micron's stock following a strong Q1 report.
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AMD Sets Sight on AI Chip Market, Plans to Dethrone Nvidia with New Product
AMD's shares opened 4.4% higher on Thursday after the company launched a new AI chip it claims can challenge Nvidia's dominance.
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Nvidia Falls Premarket After Reported Delay in Launching China-Focused Chip
Nvidia shares dropped in Friday's premarket after reports of delay in launching chips made specifically for China after new US restrictions.
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ARM’s Shares Fall After Chipmaker Reports Soft Guidance, Slower Growth
Arm reported better-than-expected revenue in Q2 2024, but issued a lukewarm guidance, sending its shares tumbling in the premarket.
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New Chip Restrictions Can Force Nvidia to Cancel $5B in Orders: Report
New export controls have placed $5 billion worth of Nvidia's AI chip orders at risk, the WSJ reports.
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AMD Shares Climb After New Flagship GPU Launch
AMD unveiled the 'fastest AMD Radeon laptop graphics ever developed' on Thursday, sending its shares higher at the open.
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Will the New Chip Export Restrictions Hurt Nvidia? Shares Open 6% Down
Shares of Nvidia fell over 6.6% at the opening bell after the US unveiled new restrictions for AI chip exports to China.
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Memory Companies are Having a Bad Year, But an AI Silver Lining Emerges
Shares of memory chip manufacturers like Samsung could witness a fresh surge next year as the AI boom unlocks a new growth venue.
Market Analysis
China Responds to US Chip Ban By Restricting Export of Critical Materials
Reacting to the US export controls on computer chips, China responds in kind.