Shares of Broadcom (NASDAQ: AVGO), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Arm Holdings (NASDAQ: ARM) were down 3.3%, 2.5%, and 4.3% on Monday as of 11:30 a.m. ET. Shares of all three were down even more earlier in the morning. All three of these companies are key suppliers to the Apple iPhone. ...
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Shares of semiconductor architecture company Arm Holdings (NASDAQ: ARM) rallied again today, up another 5.4% as of 12:43 p.m. ET. Arm had already seen a wave of analyst upgrades this week, but got even more positive news today, this time via a bullish initiation from analysts at Raymond James. Raymond ...
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Shares of AI-related semiconductor stocks Advanced Micro Devices (NASDAQ: AMD), Arm Holdings (NASDAQ: ARM), and Marvell Technology (NASDAQ: MRVL) rallied this week, up 12.2%, 18.7%, and 12.2%, respectively, as of the end of Thursday trading, according to data from S&P Global Market Intelligence. AI-related ...
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Technology stocks lost some of their luster on the market as heightened expectations about the proliferation of artificial intelligence (AI) technology put companies in this sector under pressure to deliver outsized growth each quarter. Shares of Nvidia, for instance, retreated over the past couple of ...
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Shares of semiconductor sector favorites Micron Technology (NASDAQ: MU), Arm Holdings (NASDAQ: ARM), and ASML Holdings (NASDAQ: ASML) fell hard to start off September, down 8%, 6.9%, and 6.5%, respectively, as of the close of trading Tuesday. Weaker-than-expected macroeconomic data sent the entire chip ...
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The mad dash to adopt artificial intelligence (AI) began in earnest early last year, driving impressive gains for those companies best positioned to profit from this sea change in technology. The resulting bull run among AI stocks has helped sustain the ongoing market rally. In recent weeks, however, ...
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Artificial intelligence (AI) will eventually reshape most industries by either eliminating the need for human workers or boosting worker productivity. Analysts generally agree the transformation will happen in phases. They define and ennumerate those phases differently, but infrastructure companies are ...
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Artificial intelligence (AI) stocks slid Monday due to geopolitical risk factors. Intel's (NASDAQ: INTC), Broadcom's (NASDAQ: AVGO), and Arm's (NASDAQ: ARM) share prices ended the daily session down 2%, 4.1%, and 5%, respectively, according to data from S&P Global Market Intelligence. Meanwhile, Nvidia ...
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