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Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts

Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …

PTI   


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5 reasons BYD is surging ahead after eclipsing Tesla's quarterly sales for the first time

The Chinese EV giant announced record revenues in its Q3 earnings on Wednesday, surpassing Tesla's …

Tom Carter   


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Stock market today: Indexes gain after strong retail sales data

Stocks rose Thursday as investors digested strong retail sales data for September. Upbeat earnings …

Kelly Cloonan   


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Trump is furious Taiwan's chip business is doing so well

Former President Donald Trump told Bloomberg Businessweek that Taiwan should pay the US for protect…

Huileng Tan   


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The AI chip race is minting thousands of new millionaires in Taiwan, but not everyone is benefiting

Taiwan was already home to 788,799 US dollar millionaires in 2023. This number could surge by 47% t…

Huileng Tan   


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Nvidia chips used to power advanced AI are finding their way to the Chinese military despite US blockade

A black market of Nvidia chips used to power advanced AI systems is booming in China despite US exp…

Kenneth Niemeyer   


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After flat opening to market, Sensex breaches 79,000-mark for first time; Nifty hits new lifetime high

The stock market has hit news heights, with ​​Sensex breaching the 79,000-mark for first time and N…

ANI   


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Despite a worldwide chip shortage, semiconductor sales cross $500 billion for the first time

Samsung Electronics regained the top spot from Intel for the first time since 2018, with revenue…

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Computex 2024: Intel Debuts Lunar Lake Chips With Focus On Microsoft’s AI Ambitions For PCs

Intel debuted Lunar Lake chips at the Computex show in Taiwan, revealing some major upgrades over l…

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The US is firing back again in the great China chip wars

The White House may impose new sanctions on several Chinese chip firms linked to Huawei as the chip…

Aaron Mok   


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8 mins read

Elon Musk just set Wall Street up for one of his classic head fakes

Tesla is in trouble: sales are falling and competition from China is ramping up. It's clear Elon Mu…

Linette Lopez   


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BofA says chip stocks won't peak until mid-2026, and that these 3 sub-industries will thrive until then

"The current upcycle started in late'23, so we are only in quarter 3, implying strength likely till…

Filip De Mott   


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Hyundai feels the pinch of chip shortage, global sales fall 4.5%

The new affiliate, tentatively named HMG Global, will be established in Delaware state in the US an…

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Jack Dorsey doesn't think that Twitter is 'the closest form of global consciousness' anymore

"Now it seems the corporate AI models have become that," Dorsey wrote on X, formerly Twitter.

Kwan Wei Kevin Tan   


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Intel set to lay off employees as it cuts billions of dollars in spending

Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 billion…

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5 mins read

Nvidia's AI chips boom could help the Biden administration bring semiconductor jobs to the US

Surging demand for Nvidia's AI chips could spur job growth across the US semiconductor industry.

Jacob Zinkula   


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Mark Zuckerberg is sitting on a huge stockpile of AI chips as companies compete for limited supplies

CEO Jensen Huang said the firm was doing its best to share the chips fairly. Meanwhile, Meta is bul…

Beatrice Nolan   


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Nvidia stock surges after blowout sales, pushing US futures sharply higher

Shares in the AI chipmaker surged as much as 14% in premarket trading after reporting better-than-e…

Polly Thompson   


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Here are some of the car models most likely to be in shorter supply due to the global chip shortage

Car shoppers may see an impact in the availability of certain car models due to the chip shortage, …

Grace Kay