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.
ASML stock plummeted 26% in two days due to earnings released early and disappointing guidance. Read more about ASML stock ...
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.
At $730 per share, ASML stock looks reasonably valued at 27 times forward earnings. However, it could remain under pressure ...
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 shares hit another record high Thursday as concerns earlier this week about a softening in the semiconductor market ...
ASML Holding N.V. (NASDAQ:ASML) shares continue to move lower on Wednesday, adding to steep losses from Tuesday after the ...
Nvidia stock was rising Wednesday as investors digested the fallout from Tuesday’s chip stocks plunge after the early release ...
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