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5 mins read
From nuclear energy to AI to hosting the Olympics: Here are the key takeaways from PM Modi’s visit to the US
With a packed agenda that included meetings with business leaders, participation in the Quad Summit…
2 mins read
Goldman Sachs bumps its S&P 500 price target for the 3rd time this year as it sees higher corporate profits ahead
Goldman Sachs initially set a year-end S&P 500 price target of 4,700, but has since raised its fore…
Matthew Fox
2 mins read
The 'Trump dump': The presidential hopeful causes deep stock losses in companies and industries he targets, researchers say
Trump's re-election could be 'perilous' to stocks, given his economic policies, three researchers s…
Jennifer Sor
1 min read
US will help India to boost country’s semiconductor ecosystem
The Semiconductor Industry Association (SIA), which represents the chip industry in the US and Indi…
1 min read
Intel stock could sink 15% as multi-billion dollar production plan is 'the right thing' but will weigh on earnings for the next 3 years, says Wedbush
Wedbush said Intel CEO Pat Gelsinger's plan to reinvest in production is "ideal" but will likely we…
Emily Graffeo
2 mins read
Nvidia will rip 24% higher as it dominates thriving semiconductor markets through 2021, Bank of America says
The bank's analysts expect Nvidia's earnings to grow 2% in 2021 and nearly double their current lev…
Ben Winck
1 min read
Micron shares tumble 6% after China bans the US giant's microchips - and other semiconductor stocks are swinging too
The losses came after China's cybersecurity regulator ordered companies dealing with critical infor…
George Glover
2 mins read
China is restricting the export of two little-known metals crucial to the semiconductor industry. It shows Beijing still holds important chips in its tech war with the West.
Beijing's move came just days after the Netherlands restricted the sale of high-end chipmaking equi…
Huileng Tan
1 min read
Tesla's plan to slash its use of rare-earth metals in future vehicle production sends semiconductor stocks tumbling
Tesla has a history of not meeting its own timelines, so some investors are buying the dip in compa…
Matthew Fox
2 mins read
Russia-Ukraine war could hit the already stressed semiconductor chip supply chain
The COVID-19 pandemic dealt a massive blow to the semiconductor chip supply chain, with the comp…
1 min read
Apple, Samsung increased semiconductor spending in 2021 despite global chip shortage
Apple remained at the top of the semiconductor spending customer ranking in 2021, increasing its…
2 mins read
Nvidia jumps 6% to a record after new Street-high price target says it can surge another 17% within a year
"We believe the setup remains more favorable for NVIDIA, helped by the relatively new launch of the…
Carmen Reinicke
3 mins read
US would destroy Taiwan's semiconductor factories rather than letting them fall into China's hands, a former national security advisor says
Robert O'Brien told Semafor that China would be "like the new OPEC of silicon chips" if it invaded …
Britney Nguyen
2 mins read
Nvidia will soar 19% as the market's top semiconductor stock because their chips work most seamlessly with AI and they already have a head start, Credit Suisse says
Analysts at Credit Suisse have a price target of $275 on Nvidia, saying its hardware and software g…
Filip De Mott
3 mins read
Vedanta cuts debt by $2 billion ahead of target to soothe investor concerns
After repayments and borrowings, it has about USD 7.7 billion outstanding, of which USD 3 billi…
PTI
2 mins read
Chip makers like Nvidia are set to soar as semiconductor sales to reach $544 billion in 2021, Bank of America says
'We remain firmly in the stronger-for-longer camp for semis," said chip sector analysts at Bank of …
Carla Mozée
1 min read
Tens of thousands of Teslas could be incapable of fully-autonomous driving because they lack a standard microchip, report says
Amid the global semiconductor shortage, Tesla decided not to tell customers a standard chip wasn't …
Kate Duffy
1 min read
Nio rises as Citi upgrades the car maker and says the stock could soar 50% on demand for electric vehicles in China
Citi raised its price target for shares of the EV maker to $58.30 from $57.60, representing a 50% j…
Isabelle Lee
1 min read
Wall Street research is a 'clown show', markets guru Larry McDonald says after Citi boosts its price target for Nvidia's stock
Citi boosted its price target for Nvidia to $520 a share in what markets guru Larry McDonald mocked…
Zahra Tayeb
4 mins read
The global chip shortage is hurting businesses and could be a national security issue. Here are 9 quotes that help explain what that means for the market.
A global chip shortage is shutting down car manufacturers and slowing PS5 deployment, but if supply…