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’s outlook sparked an overreaction from investors. It’s creating another buying opportunity for AI stocks.
After a volatile summer, ASML Holding NV investors are hoping that its earnings report will underline the chip equipment ...
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 ...
At $730 per share, ASML stock looks reasonably valued at 27 times forward earnings. However, it could remain under pressure ...
Nvidia and other chip stocks lost ground on a report that the Biden administration is considering caps on exports to certain ...
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 ...
ASML Holding's valuation compressed over the past 3 months, making for a more favorable risk-reward profile. Click for a ...
Nvidia shares hit another record high Thursday as concerns earlier this week about a softening in the semiconductor market ...
Taiwan Semiconductor Manufacturing Chief Executive C.C. Wei said revenue from AI-related servers and processors was expected to triple this year. TSMC's optimistic take on AI revenue prospects quelled ...
Nvidia stock was rising Wednesday as investors digested the fallout from Tuesday’s chip stocks plunge after the early release ...
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