S&P 500 Rebounds After Worst Day Since September
Major indexes have advanced for seven straight weeks. Source link
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Micron’s stock surges toward a 21-month high on back of strong earnings and analysts’ raised price targets
Shares of Micron Technology Inc. MU, +8.63% jumped 7.5% in premarket trading Thursday, as they head toward a 21-month high in the wake of a strong earnings report. The memory chip maker’s stock, which is becoming an artificial-intelligence play, was the best premarket performer in the Nasdaq 100 NDX, +1.23% and the PHLX Semiconductor Index…
New York Joins IBM, Micron in $10 Billion Chip Research Complex
Dec. 11, 2023 12:01 am ET New York state is joining chip companies to invest $10 billion in a semiconductor research facility at the University at Albany that is set to include some of the most advanced chip-making equipment in the world. NY Creates, a nonprofit that oversees the Albany NanoTech Complex where the facility…
U.S. Tightens Curbs on AI Chip Exports to China, Widening Rift With Nvidia and Intel
Updated Oct. 17, 2023 11:45 am ET WASHINGTON—The Biden administration is tightening restrictions on China’s ability to buy advanced semiconductors, fueling friction with U.S. businesses that sell to the vast Chinese market. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link
U.S., in Chip War With China, Extends Some Allowances for Asian Allies
Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech upgrades could prove difficult. Source link
This Company Is Nvidia’s AI Chip Partner—and Its Stock Is Soaring
SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been viewed as an industry pioneer. Source link
This Company Is Nvidia’s AI Chip Partner—And Its Stock Is Soaring
SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been viewed as an industry pioneer. Source link
China Torpedoes Intel’s Bid for Israeli Chip Maker
Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the latest sign of fallout from the U.S.-China battle over tech. Source link
Tech Shares Rise, Lifting Nasdaq, as Bond Yields Seesaw
Nvidia, other big technology stocks advance to start the week. Source link
Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says
The potential limits threaten to undermine new government investments in chip-making in the U.S., the Semiconductor Industry Association warns. Source link