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TSMC results lift chip stocks
Chip Stocks Rally as TSMC Earnings Point To Strong AI Demand
Key Takeaways Chip stocks rose Thursday after the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co., reinvigorated Wall Street’s AI enthusiasm. Better-than-expected quarterly results and a rosy financial outlook powered its shares higher,
Chip stocks rally after TSMC's strong sales forecast calms growth worries
TSMC's third-quarter earnings report saw the company increase its 2024 sales-growth forecast to 30%, up from previous projec
U.S. chip stocks rally as TSMC's AI-backed outlook impresses investors
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications.
Wall Street powers higher to more records
Stock market today: Dow jumps 337 points to fresh record as US stocks rise on solid earnings
The S&P 500 is on track to report 7% year-per-year earnings growth for the third quarter, according to estimates from FactSet.
Stock market today: Wall Street rises a day after sliding from its record
U.S. stocks are rising Wednesday following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies. The S&P 500 was 0.5% higher in afternoon trading, a day after sliding from its all-time high because of tumbling energy and technology stocks.
Wall Street retreats from records as tech stocks drop
China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan's market jumped as its semiconductor firms followed Nvidia upward.
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1h
Stock market today: Dow, S&P 500, Nasdaq rise as Nvidia and chip stocks jump
A monthly report on retail sales could provide clues to whether the Fed will go for "no cut" at its next meeting.
1d
Chip stocks fall as ASML's weak outlook raises concerns of non-AI chip demand
AI chip giant Nvidia (NVDA.O), which had briefly surpassed Apple as the world's most valuable company the previous day, ...
23h
Chip stocks recover after ASML sparks global selloff
STORY: Semiconductor stocks recovered some ground on Wednesday, after a downbeat forecast from chip equipment maker ASML ...
3h
on MSN
Intel, AMD Stocks Rise. The Reason Why Chip Makers Are Breathing a Sigh of Relief.
Chip maker TSMC posted an earnings beat on Thursday, reassuring investors who were worried that the AI boom could be about to ...
2d
on MSN
Futures Mixed as Investors Await Earnings; Chip Stocks Slip
(Reuters) - U.S. stock index futures were mixed on Tuesday as investors took a breather after a rally in the previous session ...
2d
Nvidia’s AI Boom Lifts Chip Stocks as Banking Sector Awaits Key Earnings Reports
Nvidia’s AI boom boosts global chip stocks, with Intel and TSMC hitting highs. Banking stocks also rally as earnings reports ...
2d
on MSN
Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high overnight
Nvidia’s gains in share price lifted its market value to top $3.4 trillion, unseating Microsoft as the second most valuable ...
2d
on MSN
These two chip stocks could return more than 70% in 12 months
Morningstar analyst Brian Colello now sees AI chip stocks as overvalued. He recommends investing in Infineon and ...
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Ai
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ASML
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