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Nvidia stock was sliding amid a widespread chip-sector selloff but it was holding up better than some of its peers.
This stock is proof that past performance isn't a reliable indicator of future results.
June 23 (Reuters) - Contracts tracking the tech-heavy Nasdaq fell 2%, leading declines among Wall Street futures on Tuesday, as concerns around imminent rate hikes in the United States and debt-backed
Liquidia and Goodyear have been highlighted as Zacks Bull and Bear of the Day
Asian equities fluctuated Tuesday following a tech-led sell-off on Wall Street as investors again questioned a long-running AI-fuelled boom, while crude largely held losses that came on the back of positive US-Iran talks.Tech firms -- the main driver of a surge across world markets as investors pile into all things AI -- took a hit in Asia.
Tuesday's catalysts include flash PMIs, Richmond Fed data, ADP weekly employment, Treasury bill and 2-year note auctions, and May money supply.
Dell Technologies recently completed several fixed-income offerings totaling about US$3.0 billion in senior unsecured notes maturing between 2031 and 2037, secured a new US$6.0 billion revolving credit facility, and affirmed a quarterly dividend of US$0.63 per share payable on July 31, 2026. At the same time, Dell is expanding its role in AI infrastructure by launching Vera Rubin–based PowerEdge servers, shipping rack-scale AI systems to partners like CoreWeave, and collaborating with AMD...
In the most recent trading session, Advanced Micro Devices (AMD) closed at $551.63, indicating a +2.65% shift from the previous trading day.
Lam has already had a huge run, yet the AI spending cycle driving its growth may still be accelerating.
Intel has begun risk production of chips based on a new process node, which could help it prevent further market share losses to AMD.
MU heads into fiscal Q3 2026 earnings with expectations for sharp revenue growth, strong margins and continued AI-driven memory demand.
Four billionaire portfolio managers who almost never end up on the same side of a trade quietly converged on Taiwan Semiconductor Manufacturing (NYSE:TSM). Chase Coleman’s Tiger Global added 49.38% to its Taiwan Semiconductor position. That lifted it to the fund’s fourth-largest holding at $1.04 billion. David Tepper boosted his stake alongside other chip names. Stanley ... Forget Nvidia: Four Billionaires Who Rarely Agree on Anything Hold the Same Overlooked Chip Stock
David Tepper’s Appaloosa Management trimmed NVIDIA (NASDAQ:NVDA) by roughly 13% of shares and cut AMD (NASDAQ:AMD) by roughly 32% of shares while nearly doubling its Amazon position, adding about 2.14 million shares (an increase of roughly 98%) during the quarter ended March 31, 2026. The disclosure landed in the 13F filed May 15, 2026, and ... David Tepper Trimmed Nvidia and AMD, but Doubled Down on This AI Stock
QCOM's QCT revenue fell 4% as handset weakness persisted, but booming automotive and IoT sales are helping offset smartphone market pressures.
Micron Technology led other AI hardware stocks higher to start the week, ahead of the memory chipmaker's earnings.
AMD's stock has already more than doubled this year.
AVGO's AI chip and networking demand fuel record semiconductor sales, with strong bookings and customer commitments supporting further growth.
The stock is up more than 150% this year, but many investors believe the story isn't over yet.
MU's DRAM revenues may have surged in Q3 as AI demand, HBM leadership and NVIDIA ties fuel one of its strongest memory markets in years.
With a forward P/E of 40.39, Advanced Micro Devices, Inc. (NASDAQ:AMD) is among the 10 Most Overvalued Quantum Computing Stocks According to Short Sellers. On June 16, Advanced Micro Devices, Inc. (NASDAQ:AMD) and Rackspace Technology announced a definitive agreement for the phased deployment of an initial 30-megawatt footprint dedicated to AMD-powered computing infrastructure across Rackspace’s global data […]
Growth boosts valuation multiples, but it doesn’t always last forever. Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.
Mavenir has introduced its Agentic Service Assurance Framework, designed to enhance network operations through scalable, closed-loop automation using artificial intelligence. This multi-agent framework, aligned with TM Forum specifications IG1251 and IG1453, aims to accelerate autonomous network operations across multi-vendor and multi-domain environments. By capturing and automating expert workflows from Network Operations Centers (NOC), the system seeks to replicate and expand human...