Nvidia hits record high as chip stocks rally on TSMC's rosy AI-powered outlook
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications.
Chip Stocks Rally as TSMC Earnings Point To Strong AI Demand
Chip stocks rose on Thursday after the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co., reinvigorated Wall Street’s AI enthusiasm.
Chip stocks rally as TSMC forecasts strong AI demand for 'many years'
Taiwan Semiconductor Manufacturing Company's blowout third quarter earnings and optimism over AI demand boosted chip stocks Thursday.
Chip stocks rally after TSMC's strong sales forecast calms growth worries
TSMC's third-quarter earnings report saw the company increase its 2024 sales-growth forecast to 30%, up from previous projec
Wall Street set for strong open after retail sales data, chip stocks boost
U.S. stock indexes were set to rise on Thursday, with an upbeat forecast from TSMC boosting semiconductor stocks, while a bigger-than-expected rise in September retail sales pointed to a strong U.S. consumer.
US chip stocks rally buoyed by TSMC’s strong sales forecast
On October 17, an increasing trend was seen in US chip stocks. This happened after TSMC released a sales forecast which gained investors’ attention about the demand for processors. These in-demand processors are used to power AI applications.
Micron, Broadcom, and 3 More Chip Stocks to Buy on the Dip, According to J.P. Morgan
J.P. Morgan remains bullish on the sector and predicts shares will rise going forward. Sur said his top chip stock ideas are ...
There’s an Opportunity Brewing in These 2 Chip Software Stocks, Says Berenberg
The stock market continues to show bullish momentum, with tech companies, much like last year, emerging as key winners.
Dow, S&P Flirt With Record Highs as Chip Stocks and Retail Data Support
The chipmaker's U.S.-listed shares soared 11.6%, while AI-trade favorite and TSMC customer Nvidia gained 2.6%, touching a ...
Chip Stocks Fall While Energy For AI Moves Into Spotlight
The big story on Tuesday was a warning from chipmaker ASML of a slower than expected recovery in some areas of the chip ...
Chip stocks recover after ASML sparks global selloff
STORY: Semiconductor stocks recovered some ground on Wednesday, after a downbeat forecast from chip equipment maker ASML ...
Dow closes at another record high as chip stocks, retail data support
The Dow Jones Industrial Average advanced on Thursday to its fourth record close in the last five sessions, as ...
Stock Market Today: TSMC Earnings Boost Chip Stocks
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
SA Asks: Which Magnificent 7 stocks could react positively to earnings?
Which of the Magnificent 7 stocks are likely to react positively to Q3 earnings? Seeking Alpha analysts Jonathan Weber, Danil ...
U.S. chip stocks rally as TSMC's AI-backed outlook impresses investors
U.S. chip stocks rose on Thursday after industry bellwether TSMC's strong sales forecast boosted investor optimism about ...
Stock market today: Dow jumps 337 points to fresh record as US stocks rise on solid earnings
The S&P 500 is on track to report 7% year-per-year earnings growth for the third quarter, according to estimates from FactSet ...