Samsung Electronics (SSNLF) stumbled Tuesday even after projecting a 19-fold surge in Q2 operating profit, signaling that investors may already be looking past the AI memory boom.The company said operating profit for the April-to-June period likely reached 89.4 trillion won, or about $58.4 billion…
Investor Michael Burry (Trades, Portfolio) disclosed a short position in Micron Technology NASDAQ:MU while increasing several existing long holdings.Burry said his Micron position reflects concerns that the recent rise in Micron shares may have been fueled by investor enthusiasm rather than underly…
Nvidia NASDAQ:NVDA stock remained in focus after the AI chipmaker pushed back against a report claiming its next-generation Kyber AI server platform could be delayed because of manufacturing challenges, saying its product roadmap remains on schedule.The report from research firm SemiAnalysis had su…
WALL STREET STOCKS FALL EARLY WITH CHIPS DOWNThe three major U.S. stock indexes are lower in early trading on Tuesday, with the Nasdaq TVC:IXIC down 1.5% and chip stocks falling sharply.An index of semiconductors NASDAQ:SOX is down more than 6.5%, while the S&P 500 technology sector SP:S5INFT is do…
By Shashwat Chauhan and Avinash PThe S&P 500 slipped and the Nasdaq dropped sharply on Tuesday, weighed by losses in chip stocks amid doubts over the durability of the AI-led rally despite robust Samsung earnings, while a report on China's DeepSeek making an AI chip also hit sentiment.Nvidia NASDA…
By Adam ClarkNvidia stock was falling again early Tuesday. It's the same old worry about big customers developing their own chips — but this time in China.The shares were down 1.9% at $191.82 in early trading. If the move holds, it will leave the chip maker's stock at its lowest level since April.A…
Unimicron Technology, a Taiwanese chip supplier that produces printed circuit boards and Ajinomoto build-up film substrate for AI servers, is moving to raise as much as $1.4 billion through a sale of global depositary shares. The deal comes after a massive AI-driven rally pushed Unimicron's stock u…
Advanced Micro Devices, Inc. NASDAQ:AMD rose 7.81% intraday after Goldman Sachs NYSE:GS raised its price target to $640 from $450 while maintaining a Buy rating, one of the most aggressive upward revisions among major Wall Street banks in the current cycle. The stock's rally followed a recent pullb…
Nvidia NASDAQ:NVDA fell 1.63% intraday after Reuters reported that DeepSeek, the Hangzhou-based AI startup behind the globally viral R1 reasoning model, is developing its own AI chip. The effort is focused on inference (the stage where a trained model generates responses), and remains early-stage…
The US investment-grade bond market appears to be getting safer on paper as major technology companies such as Amazon.com NASDAQ:AMZN, Meta Platforms NASDAQ:META, Alphabet NASDAQ:GOOGL, Nvidia NASDAQ:NVDA, Oracle NYSE:ORCL, and SpaceX continue selling debt to fund the AI buildout. According to Barc…
By Shashwat Chauhan and Avinash PNasdaq futures dropped on Tuesday following declines in chip stocks as investors reassessed the sustainability of the AI-driven rally despite strong results from Samsung, while SpaceX shares dipped ahead of their Nasdaq-100 debut.Elon Musk's SpaceX NASDAQ:SPCX was…
U.S. stock indices ended higher on Monday, with the Dow Jones index hitting record highs as technology stocks reversed course from previous week’s declines.The S&P 500 ended 0.8% higher, while the Nasdaq 100 added 1.3% and the Dow Jones Industrial Average rose 0.3%. The Russell 2000, which tracks s…
By Adam ClarkandKit NortonStocks rose Monday as the chip stock rally reignited after last week's losses. The Dow notched a record and closed above 53,000.Advanced Micro Devices advanced 6.6% to $552.05, placing it among the top performers in the S&P 500. Goldman Sachs raised its price target on the…
Nvidia (NVDA, Financials) the semiconductor company best known for graphics processors and AI chips used in data centers, gaming and advanced computing, reportedly faces a delay of more than 12 months for its next-generation Kyber AI rack architecture. The delay could push the system's launch into…
SpaceX NASDAQ:SPCX, Elon Musk's commercial space and satellite company, and Tesla NASDAQ:TSLA, his electric vehicle and clean energy company, appear to be moving closer toward a possible combination as investors reassess the growing overlap across Musk's business empire. Musk has not publicly confi…
A day after a report claimed that one of Nvidia Corp.’s (NVDA) key next-generation products had been delayed, the chipmaker pushed back, saying its roadmap remains on track.The response came after SemiAnalysis reported that Nvidia’s next flagship product, the Kyber rack-scale architecture designed…
Turing, a five-year-old Japanese self-driving technology startup, has brought AMD Ventures onto its backer list as it works toward a commercial launch. The company has also started adopting artificial intelligence accelerators from Advanced Micro Devices NASDAQ:AMD, marking a notable shift for a st…
NVIDIA Corporation NVDA shares have declined 6.6% over the past month, underperforming the broader Zacks Computer and Technology sector, which slipped 2.2% during the same period. At first glance, the decline may look worrying, but a closer look suggests the weakness is more about market sentiment…
Issued on behalf of MindWalk Holdings Corp.MindWalk Holdings Corp. (NASDAQ:HYFT) filed a European patent application directed to the high-dimensional biological data architecture beneath its HYFT® Technology, ReefIQ™, and LensAI™, the model-agnostic context layer designed to let AI models and agent…
A wave of government funding, hardware progress, and looming encryption deadlines has turned quantum from a lab curiosity into one of the most closely watched corners of the market in 2026, spanning computing hardware and the cybersecurity built to survive it.VANCOUVER, BC, July 6, 2026 /CNW/ -- US…
