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Scoop: JC Vance raises $4.2 million in Silicon Valley
Axios91d agoneutral
Scoop: JC Vance raises $4.2 million in Silicon Valley

Vice President JD Vance headlined an RNC fundraiser on Thursday night in Palo Alto, California, at the residence of influential investor and All-In Podcast host Chamath Palihapitiya , raking in $4.2 million for the Republican Party, a source familiar with the dinner tells Axios.

IBM stock surged again: The reason sounds like sci-fi
TheStreet92d agobullish
IBM stock surged again: The reason sounds like sci-fi

IBM (IBM) hasn’t built a commercial computer chip of its own in nearly a decade. On Thursday, June 25, the company said its research labs had cracked something the rest of the chip industry hasn’t managed yet. The breakthrough has nothing to do with software, and everything to do with one tiny ...

Why Goldman won't pick Intel over its rivals just yet
TheStreet92d agoneutral
Why Goldman won't pick Intel over its rivals just yet

Goldman Sachs Group Inc. (GS) initiated coverage of Intel Corp. (INTC) this week with a neutral rating and a $150 price target, based on TipRanks' report. That implies only about 12% upside, modest given the stock’s run over the past year. The bigger signal is who wrote it, not the number itself. ...

Bloomberg92d agoneutral
US Invests $250 Million in Billionaire’s Startup for Chip Making

(Bloomberg) -- I-Pulse Inc. will receive $250 million in US funding for semiconductor and pulsed-power development as the venture co-founded by Robert Friedland joins American efforts to reduce reliance on foreign-chip supply chains.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetApple Shares Sink After Sweeping Price Hikes Hit iPads and MacsStocks Whipsaw as Micron Surges While Apple Sinks: Markets WrapGrand Ole Opry House Up For Sale by Owner Ryman Hosp

Investing.com92d agoneutral
SpaceX credit-default swaps start trading after bond sale

Investing.com -- Credit-default swaps linked to SpaceX began trading Thursday after the company completed its first high-grade bond offering earlier this week, Bloomberg reported. The development allows investors to protect against potential losses or bet on the company's creditworthiness.

Forget Intel: 1 Semiconductor Juggernaut to Buy Hand Over Fist While Turnaround Hype Rules Wall Street
24/7 Wall St.92d agobullish
Forget Intel: 1 Semiconductor Juggernaut to Buy Hand Over Fist While Turnaround Hype Rules Wall Street

Intel (NASDAQ:INTC) is the loudest ticker on Wall Street right now, riding a turnaround narrative powered by NVIDIA’s $5.0 billion equity stake, SoftBank’s $2.0 billion investment, and $8.9 billion in total U.S. Government support. But here’s what you should actually be watching: Taiwan Semiconductor Manufacturing (NYSE:TSM). The Intel Rally Has Outrun the Business Intel shares ... Forget Intel: 1 Semiconductor Juggernaut to Buy Hand Over Fist While Turnaround Hype Rules Wall Street

Intel vs TSM: Which Chip Giant is the Better Investment?
24/7 Wall St.92d agoneutral
Intel vs TSM: Which Chip Giant is the Better Investment?

Intel (NASDAQ:INTC) and Taiwan Semiconductor Manufacturing (NYSE:TSM) just delivered very different earnings stories. Intel posted a 2,183.46% non-GAAP EPS beat under CEO Lip-Bu Tan while absorbing a $4.07 billion restructuring charge. TSMC kept compounding, with Q1 revenue rising 21.4% YoY and net income jumping 43.8%. Both sit at the heart of the AI hardware buildout, ... Intel vs TSM: Which Chip Giant is the Better Investment?

No, IBM Is Not Becoming a Chipmaker — But It Just Revolutionized the Industry Anyway
24/7 Wall St.92d agoneutral
No, IBM Is Not Becoming a Chipmaker — But It Just Revolutionized the Industry Anyway

The semiconductor industry has spent the last decade racing toward a physical wall. Engineers have steadily shrunk transistors to pack more computing power onto ever-smaller chips, but that strategy is running out of room. At today’s leading-edge process nodes, components are measured in just a handful of atoms. Heat, power leakage, and manufacturing complexity have ... No, IBM Is Not Becoming a Chipmaker — But It Just Revolutionized the Industry Anyway

Investing.com92d agobullish
Why Goldman is cautious on outperforming Intel stock

Investing.com -- Goldman Sachs initiated coverage of Intel with a Neutral rating and a 12-month price target of $150, acknowledging clear tailwinds in server CPUs and foundry optionality but arguing that the stock's recent run has already priced in much of the upside.

Markets Are Finally Facing a Reality Check
InvestorsHub92d agoneutral
Markets Are Finally Facing a Reality Check

Global markets are beginning to question assumptions that investors have largely accepted without challenge for the past two years. Throughout the AI-driven rally, markets rewarded almost every announcement tied to artificial intelligence.