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Analysis-Apple-Intel chip deal makes strategic sense but production is years away
Reuters93d agoneutral
Analysis-Apple-Intel chip deal makes strategic sense but production is years away

Apple turning to Intel for chips, as Washington announced last week, has the neat logic of necessity meeting ambition. A deal - which neither ‌company has formally announced - would pair Intel's effort to rebuild its credibility as a contract chipmaker with Apple's search for more manufacturing capacity, as its supplier TSMC struggles to meet surging AI chip ​demand from the likes of Nvidia. Supply constraints at the contract manufacturer have held back iPhone sales, Apple CEO Tim Cook said in April.

Wendy’s Soars 31% as “Save Wendy’s” Meme Army Targets Short Squeeze After New CFO Hire
24/7 Wall St.93d agobullish
Wendy’s Soars 31% as “Save Wendy’s” Meme Army Targets Short Squeeze After New CFO Hire

Wendy’s (NASDAQ:WEN) stock is rallying in Wednesday morning trading, with shares up 31% to $8.22 after the burger chain named a new chief financial officer. It’s one of the biggest single-day moves the stock has seen in years. The spike is coming off deeply depressed levels. Wendy’s stock closed June 23 at $6.26, a price ... Wendy’s Soars 31% as “Save Wendy’s” Meme Army Targets Short Squeeze After New CFO Hire

The Queen of Capital Gains — Nancy Pelosi Just Bet Up to $6 Million on These 2 Stocks
24/7 Wall St.93d agoneutral
The Queen of Capital Gains — Nancy Pelosi Just Bet Up to $6 Million on These 2 Stocks

Congressional stock trading remains one of the most controversial issues in Washington. Attempts to ban lawmakers from owning and trading individual stocks routinely stall in Congress itself, despite years of criticism from ethics watchdogs and investors. The reason is easy to understand. Numerous academic studies have found that members of Congress have historically outperformed the ... The Queen of Capital Gains — Nancy Pelosi Just Bet Up to $6 Million on These 2 Stocks

Intel (INTC) Advanced Packaging Could Support AI Data Center Growth, Mizuho Says
Insider Monkey93d agoneutral
Intel (INTC) Advanced Packaging Could Support AI Data Center Growth, Mizuho Says

Intel (NASDAQ:INTC) is one of the 15 AI Stocks Analysts Are Watching: Microsoft, Nvidia, and More. Intel Corporation may benefit from tailwinds coming from advanced packaging technologies, which has led one firm to raise estimates and its price target for the stock. On June 22, Mizuho analyst Siti Panigrahi raised the price target on the […]

Nervous investors await Micron earnings as chip sector whipsaws
Reuters93d agoneutral
Nervous investors await Micron earnings as chip sector whipsaws

The spotlight is on chipmaker Micron Technology as it prepares to report earnings, with investors bracing for further volatility following sharp market swings fueled by large flows tied to SpaceX and a two-day boom-bust in semiconductor stocks. Last ‌June, Micron was a well-known if somewhat obscure company with a market value of $136 billion and a long history, but not ‌necessarily one whose quarterly earnings reports caught investors' fancy. Fast forward a year, and Micron is one of the stars of the technology rally that has sent chipmakers around the world ​soaring, igniting a fresh trading frenzy even after a dozen or more months of AI excitement.

BofA Says Apple’s (AAPL) New Siri Strategy Could Strengthen its AI Position
Insider Monkey94d agoneutral
BofA Says Apple’s (AAPL) New Siri Strategy Could Strengthen its AI Position

Apple Inc. (NASDAQ:AAPL) is included among Billionaire Mario Gabelli’s Top 12 Dividend Stocks. On June 22, BofA maintained its Buy rating on Apple Inc. (NASDAQ:AAPL). It also reiterated a $380 price target on the shares. The firm believes Apple’s WWDC announcement marks “a material positive reset of its AI strategy,” a development it says is being […]

Why Intel (INTC) Stock Is Nosediving
StockStory94d agoneutral
Why Intel (INTC) Stock Is Nosediving

Shares of computer processor maker Intel (NASDAQ:INTC) fell 5.9% in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.

Nasdaq closes down more than 2% as global tech sell-off deepens
Washington Post94d agobearish
Nasdaq closes down more than 2% as global tech sell-off deepens

Global stocks extended losses on Tuesday in a sell-off driven by chipmakers and other tech companies that have recently benefited from market enthusiasm for the prospects of artificial intelligence. The tech-heavy Nasdaq composite index was down 2.21 percent at the market’s close. Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. Among the main drivers were Sandisk and Micron Technology, which specialize in memory and storage. Both wer

Wall Street ends lower as AI spending concerns mount
Reuters Videos94d agoneutralVIDEO
Wall Street ends lower as AI spending concerns mount

<body><p>STORY: A down day on Wall Street Tuesday saw the Dow edge lower, while the S&P 500 tumbled nearly one-and-a-half percent and the tech-heavy Nasdaq plummeted about 2.2%.</p><p>Jitters over debt-funded AI spending led to sharp losses in semiconductor and other Big Tech tech stocks.</p><p>:: Marvell Technology&nbsp;</p><p>Shares of Nvidia dropped more than 4%, Intel shed over 6% and shares of Marvell Technology tumbled more than 9%.</p><p>Memory chipmakers Micron Technology and SanDisk, among the best performers on the S&P 500 this year, both fell around 13%.</p><p>Micron's earnings report on Wednesday will draw intense scrutiny, says Nancy Tengler, CEO and chief investment officer at Laffer Tengler Investments.</p><p>"So I think this is a hugely important report, much like Nvidia has been in other periods. [FLASH] We're gonna be watching their guidance on HBM4, which is the Vera Rubin platform Nvidia relationship that they have - is that continuing to grow quickly? And then margins. The company pulled, reported 81% margins. I mean, imagine that - eighty-one percent. And the market is determined that they stay above eighty [percent]. So, those are the two things we'll be paying attention to."</p><p>Among other movers,&nbsp;Elon Musk's SpaceX, which debuted this month, continued its bumpy ride, briefly dipping below its opening price of $150 before paring losses to close about 1% higher.&nbsp;</p><p>Investors on Tuesday were also watching developments in the Middle East. The Senate backed legislation to halt U.S. military action against Iran, but ‌it was unclear how this would affect the war as Washington continues to negotiate a peace agreement with Tehran.</p></body>

PHLX Semiconductor Index Hit Hard in Selloff
The Wall Street Journal94d agobearish
PHLX Semiconductor Index Hit Hard in Selloff

One of the market's bright spots in 2026 sold off sharply in Tuesday's decline. The PHLX Semiconductor Index, packed with high-flying names like Nvidia, Intel and Micron, was down today by about 7.

AMD and Intel Drop 5%, NVIDIA Slips 3% Amid Korean-Led Chip Selloff Bulls Say Is “Healthy”
24/7 Wall St.94d agobearish
AMD and Intel Drop 5%, NVIDIA Slips 3% Amid Korean-Led Chip Selloff Bulls Say Is “Healthy”

Shares of Advanced Micro Devices (NASDAQ:AMD) and Intel (NASDAQ:INTC) are leading a sharp midday slide in chip stocks on Tuesday. AMD stock down 5% to $523 while Intel shares are down 5% to $134 amid a broad semiconductor selloff that’s pulling the entire group lower. Meanwhile, NVIDIA (NASDAQ:NVDA) stock is down 3% to $202. The ... AMD and Intel Drop 5%, NVIDIA Slips 3% Amid Korean-Led Chip Selloff Bulls Say Is “Healthy”