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Shares of semiconductor companies edged higher after Nvidia reported a blowout quarter and issued strong revenue guidance for fiscal 2028. Finance chief Colette Kress said the group expects 70% revenue growth in fiscal 2028, significantly better than the 45% growth that analysts polled by FactSet had predicted.
Shares of semiconductor companies were mixed as investors await Nvidia's second-quarter results after the U.S. market close to gauge appetite for artificial-intelligence chips. Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International were down 0.
STOCKS 0015 GMT — Japanese stocks decline as uncertainty over the Iran war and its economic implications persists. Chip-related stocks are leading declines ahead of Nvidia’s quarterly earnings later Wednesday.
BE Semiconductor Industries NV (BESIY) reports a remarkable 68.7% revenue increase and significant strides in AI-related orders, while navigating market complexities and future growth challenges.
BE Semiconductor Industries NV (BESIY) reports a robust first quarter with significant increases in revenue, net income, and orders, while anticipating continued growth in the upcoming quarter.
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