What the roller coaster earnings at ASML and TSMC tell us about demand for AI chips
TSMC's blockbuster results will be a welcome surprise to investors after ASML's earnings sent semiconductor stocks tumbling ...
Chip stocks rally after TSMC's strong sales forecast calms growth worries
Two days after a broad semiconductor-stock sell-off driven by a light forecast from the Dutch firm ASML, chipmakers rallied ...
Billionaire Philippe Laffont Continues to Buy This Artificial Intelligence (AI) Semiconductor Company (Hint: Not Nvidia)
Philippe Laffont's hedge fund, Coatue Management, has been scooping up shares of Taiwan Semiconductor for several consecutive ...
Chip stock rally, upbeat retail sales data boost indexes
Wall Street rose on Thursday, with the S&P 500 and the Dow briefly reaching record highs, as chip stocks surged on TSMC's ...
TSMC Can’t Fully Offset Chip Equipment Worries Sparked by ASML
Strong results from Taiwan Semiconductor Manufacturing revived many chip stocks Thursday following surprisingly bad results from chip equipment maker ASML earlier in the week. But major equipment ...
Stock market today: Indexes gain after strong retail sales data
Stocks rose Thursday as investors digested strong retail sales data for September. Upbeat earnings from TSMC eased jitters in ...
Economic Data Sends Markets Soaring
September’s retail sales figures showed that consumer spending was still robust, with monthly spending increased by 0.4%, while Dow Jones consensus estimate called for 0.3%. Sales excluding autos shot ...
Top Stock Movers Now: TSMC, Nvidia, Blackstone, Elevance Health, and More
Major U.S. indexes advanced at midday Thursday as a strong report on demand for artificial intelligence chips boosted the ...