chips

Apple Inc (NASDAQ: AAPL) supplier and the world’s largest chipmaker Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) said on Thursday its fourth-quarter profit jumped 16.4% to $5.98 billion, helped by rising demand for semiconductors. What Happened: The Taiwan-based chip maker’s...

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 28.1%. But there is no question some big-name stocks performed better than others along the way. Intel’s...

It was recently revealed Tesla Inc's (NASDAQ: TSLA) Performance Model Y in China would be enhanced in more ways than one. In addition to the vehicle having an impressive 0 to 60 time of 3.5 seconds, it now also comes with a high-performance AMD Ryzen processor.  A new video...

GlobalFoundries Inc (NASDAQ: GFS) is well-positioned with only a 10% share of an addressable market opportunity estimated at $70 billion, across smartphone devices, IoT, automotive and data center, according to BofA Securities. The GlobalFoundries Analyst: Vivek Arya initiated coverage of...

Apple, Inc. (NASDAQ: AAPL) will soon stop using QUALCOMM Inc.'s (NASDAQ: QCOM) 5G modem chips for its iPhones, reports suggest. What Happened: Apple will introduce its custom-designed 5G modem in its 2023 iPhone lineups, McRumors reported, citing Digitimes. Apple will stop using Qualcomm...

NVIDIA Corporation (NASDAQ: NVDA) announced Wednesday strong quarterly results and guidance, sending the shares of the graphic processor titan up sharply. The Nvidia Analysts: Rosenblatt Securities analyst Hans Mosesmann reiterated a Buy rating and price target of $400. Needham analyst...

Indie Semiconductor Inc. (NASDAQ: INDI) shares are trading higher Monday, possibly continuing the momentum after the company recently reported third-quarter sales results. The company reported sales of $12.16 million beating the analyst estimate of $11.94 million. Indie Semiconductor...

Advanced Micro Devices, Inc. (NASDAQ: AMD) is a comeback story. After remaining for a while under the shadows of its bigger rival, Intel Corporation (NASDAQ: INTC), things began looking up for the company in 2017. Here's a look at how much an astute investor, who spotted the...

Key Apple Inc (NASDAQ: AAPL) chip supplier Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) said it has responded to a U.S. request for data related to the global chip shortage, Reuters reported, citing the company. What Happened: The world’s largest chipmaker said it has not disclosed...

Cathie Wood’s investment management firm Ark Invest on Friday shed the remaining of its stake in Nvidia Inc (NASDAQ: NVDA) booking profit in the stock just a day after it soared 16% following a bullish report from a Wall Street analyst.  Ark Invest on Friday sold 93 shares —...

NVIDIA Corp. (NASDAQ: NVDA) shares are trading higher Tuesday, with its strength attributed to Meta Platforms Inc.'s (NASDAQ: FB) plans to increase capital spending including data centers, servers and network infrastructure, potentially benefiting chip companies. Meta Platforms is...

Chinese e-commerce behemoth Alibaba Group Holding Ltd -  ADR (NYSE: BABA), which has a strong presence in the Chinese cloud market, is reportedly moving into an arena that could improve its positioning in that market. What Happened: Alibaba will announce its first custom-designed...

Apple Inc. (NASDAQ: AAPL) is poised to unveil the redesigned MacBook Pro laptops at its “Unleashed” hardware launch event on Monday, according to leading Apple watcher Mark Gurman. What Happened: The next-generation MacBook Pro models will come in 14-inch as well as 16-inch screen sizes...

The iShares Semiconductor ETF (NASDAQ: SOXX) has advanced about 34% over the past year, outperforming the Nasdaq Composite Index, which clocked in gains of about 23% for the same period. Semiconductor companies were among the beneficiaries of the COVID-19 pandemic. The work-from-home and...

Apple Inc (NASDAQ: AAPL) is reportedly looking to cut its iPhone production forecast for 2021 by 10 million due to supply chain issues. How The Chip Crunch Is Hurting Apple: Supply constraints are beginning to show impacts on premium-tier handset production, BofA Securities analyst...