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Inflation at Three-Year High Drags on US Stock Market, Dow Falls, Chip Stocks Continue to Decline
Svmuu reported that U.S. stocks weakened on Wednesday as investors digested a sell-off in the chip sector, escalating geopolitical tensions, and higher-than-expected inflation data. The Dow Jones Indu
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US stock memory chip stocks fell broadly, with Broadcom down over 2%, and Nvidia down over 1%
According to MSX.COM data, US stock memory chip stocks fell broadly, with Broadcom down over 2%, Nvidia, AMD, and ASML down over 1%, and Intel's stock price down 0.58%.
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SK Hynix shares surge over 15%, chip stocks rebound after AI sell-off, South Korean stock market jumps 8%
According to data from MSX.COM, SK Hynix shares surged over 15%, with memory chip manufacturers leading a rebound in the South Korean stock market. The KOSPI index jumped as much as 8%, following a 15
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Korean Exchange Activates KOSPI Circuit Breaker Amid Major Index Decline
Svmuu reported that the decline of South Korea's KOSPI index has widened to 5%, with Samsung falling 6.5% and SK Hynix dropping over 8%. Nasdaq futures are down nearly 1%, with major chip stocks decli
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U.S. stock index futures collectively declined, with chip stocks selling off before the market open; Micron Technology and ARM fell over 6%
According to data from MSX.COM, chip giant Broadcom dropped 14% in pre-market trading. While its overall revenue and earnings per share for the second fiscal quarter slightly exceeded expectations, it
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Retail Investors Rally Again: European Chipmaker Soars Over 70% on a Single Tweet
SvmuuA little-known European chipmaker's stock surged over 70% on Wednesday after being heavily promoted by a popular social media account. An X account named Serenity posted that it had built a posit
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Anthropic's AI Warning Seen as Setback for Chip Stocks
Bloomberg analysts suggest that calls from AI executives to slow down technology development are likely to weigh on chipmaker and supply-chain stocks in the near term.
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Nikkei 225 drops 2.8%, dragged down by chip stocks.
Nikkei 225 drops 2.8%, dragged down by chip stocks.
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Seoul shares open higher Wednesday, with KOSPI up 0.93% to 7,019.5, driven by chip gains despite Middle East tensions
South Korean shares opened 0.26% higher, with the benchmark Korea Composite Stock Price Index (KOSPI) extending gains to trade 65.98 points, or 0.93%, higher at 7,019.5 as of 9:15 a.m. The rise was at
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Nikkei Rises 0.1%, Led by Chip-Related Stocks
The Japanese benchmark edged higher in early trade due to bargain hunting despite uncertainty over the Middle East conflict.
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MarketWatch Analysis: Chip Stock Investors Should Watch FX Markets, Korean Won Appreciation May Signal Future Weakness
MarketWatch analysis suggests that U.S. chip stock investors have reason to monitor money markets to understand how funds are flowing into and out of chip stocks. In recent weeks, the South Korean won
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Intel shares rose 4% on Friday, with NVIDIA and AMD also moving higher, as chip stocks defied rising interest rate hike expectations.
Intel shares rose 4% to $95.41 in early Friday trading, NVIDIA gained 2% to $232.37, and AMD advanced 3% to $471.05. The iShares Semiconductor ETF (SOXX) climbed 3% overall to $517.91, outperforming t
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US stock futures post modest gains as traders digest Fed Governor Waller's comments and earnings, while chip stocks fall after Broadcom's results
US stock futures post modest gains as traders digest Fed Governor Waller's comments and earnings, while chip stocks fall after Broadcom's results
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Yahoo Finance: Software Stocks Soared in August, Chipmakers Lost $1.1 Trillion in Market Value; Historical Data Suggests a Tougher September Ahead
Yahoo Finance analysis indicates strong performance in software stocks in August, with the iShares Expanded Tech-Software Sector ETF (IGV) surging over 16%, while the iShares Semiconductor ETF (SOXX)
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Nikkei 225 drops 1.0%, led by chip stocks, amid Iran conflict concerns and rising energy costs.
Japanese stocks fell, primarily due to renewed concerns over the Iran conflict in the Middle East and rising energy costs. Chip stocks led the decline, with Tokyo Electron down 4.1%, Renesas Electroni
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China's mutual funds saw US$83.3 billion net outflow in July, ending four-month growth streak, as private funds grew amid chip sell-off
Data released by the Asset Management Association of China on Wednesday showed that the net assets under management (AUM) of domestic mutual funds shrank by 560 billion yuan (US$83.3 billion), or 1.4%
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NVIDIA's Q2 Revenue Reaches Record $96.2 Billion, Exceeding Analyst Expectations, Asian Stocks Mixed on Thursday
NVIDIA (Nvidia) announced record second-quarter revenue of $96.2 billion, exceeding analysts' expectations, with its earnings report and guidance setting the tone for Thursday's Asian stock market tra
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Seoul Stocks Turn Higher, Led by Chipmakers Ahead of Nvidia Earnings; KOSPI Up 0.9% to 6,803.74
Seoul stocks turned higher on Wednesday, with the benchmark Korea Composite Stock Price Index (KOSPI) rising 61 points, or 0.9 percent, to 6,803.74 as of 9:15 a.m. The gains were primarily driven by c
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Nikkei falls 0.4%, with chip-related stocks leading the decline.
Nikkei falls 0.4%, with chip-related stocks leading the decline.
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Jim Cramer notes chip stocks are bouncing back ahead of Nvidia's earnings report Wednesday night
Jim Cramer notes chip stocks are bouncing back ahead of Nvidia's earnings report Wednesday night
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Investors bet on risky funds during chip rout, with leveraged single-stock ETFs attracting billions of dollars in net inflows despite plunging
Investors bet on risky funds during chip rout, with leveraged single-stock ETFs attracting billions of dollars in net inflows despite plunging
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South Korea's chip stocks led an Asian selloff early Wednesday, as rising bond yields exacerbated worries over large cash outlays by Big Tech.
South Korea's chip stocks led an Asian selloff early Wednesday, as rising bond yields exacerbated worries over large cash outlays by Big Tech.
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South Korean KOSPI Index rose 3.21% to 6,790.01, marking fourth straight day of gains on chip rally
South Korean KOSPI Index rose 3.21% to 6,790.01, marking fourth straight day of gains on chip rally. The benchmark index gained 210.97 points as investors scooped up major chipmakers. The Korean won a
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Chip stocks are closing in on a bull market, but some analysts are nervous that growing backlogs at AI infrastructure companies may not all be fulfilled.
Chip stocks are closing in on a bull market, but some analysts are nervous that growing backlogs at AI infrastructure companies may not all be fulfilled.
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U.S. stocks rose in early trading, led by tech stocks, with chip stocks moving higher, and NVIDIA up 2%.
U.S. stocks rose in early trading on Wednesday after the Consumer Price Index (CPI) report showed inflation slowed in July, with the Nasdaq Composite leading the major indexes higher. The tech sector
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Norway's sovereign wealth fund posted a record profit of $184.3 billion in the first half of the year, with its CEO warning of increased concentration risk due to reliance on chip stocks.
Norway's 2.3 trillion dollar sovereign wealth fund reported a record-breaking profit of 184.3 billion dollars in the first half of the year, primarily driven by the strong performance of Asian technol
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Bank of America reiterates Buy rating on Onsemi (ON) but slashes price target to $120 from $138, despite the chipmaker reporting Q2 sales and profit surge
Bank of America analyst Vivek Arya maintained a "Buy" rating on Onsemi but lowered the firm's price objective, citing a lower valuation multiple (20 times estimated 2028 earnings, down from 32 times 2
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South Korea's KOSPI index opened higher on Monday, at one point rising over 2%, led by chip stocks, while KOSDAQ triggered the SIDECAR mechanism.
The Korea Composite Stock Price Index (KOSPI) opened higher on Monday, surging over 2% during intraday trading before paring some gains. Chip stocks were in focus, with SK Hynix rising 1.5% after anno
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Macom (MTSI) and SiTime (SITM) shares jumped after positive earnings reports, helping chip stocks stage a comeback with the Philadelphia semiconductor index (SOX) rising 1.2%.
Macom (MTSI) and SiTime (SITM) shares jumped after positive earnings reports, helping chip stocks stage a comeback with the Philadelphia semiconductor index (SOX) rising 1.2%.
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SoftBank Group's Quarterly Profit Exceeds Expectations, Boosted by Chip Stock Investments
SoftBank Group reported a smaller-than-expected quarterly net profit decline, primarily boosted by gains in its chip holdings. The company is also awaiting further returns from its investment in OpenA
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