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The era of the Magnificent Seven as a defining market benchmark appears to be ending. Citigroup strategists have declared the once-dominant grouping of tech giants no longer serves as a meaningful reference point for investors, as its performance lags behind broader indices. The shift …
Adobe Inc. has structured executive retention benefits to align with its upcoming CEO transition, setting a 12-month sunset clause on severance protections for a key leader. The move, disclosed in a regulatory filing, ties accelerated equity vesting and cash payouts to the new chief …
Micron Technology came under renewed selling pressure after its shares fell below an important technical support range betweenUS$910 and US$898, a level that many market participants had been monitoring as a critical price floor. The technical breakdown added to negative market sentiment and suggested …
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chip manufacturer, delivered another record-breaking quarter, highlighting the extraordinary demand currently being generated by artificial intelligence infrastructure spending across the semiconductor industry. The company reported quarterly net profit ofNT$398.27 billion, representing a77.4% increase compared with …
Selling pressure across the global semiconductor industry intensified during Friday's Asian trading session, withKioxia Holdingsemerging as one of the session's biggest losers after its shares plunged bymore than 15%.
Nvidia has taken another significant step in expanding its artificial intelligence ecosystem with the launch ofCosmos 3 Edge, a new AI "world model" platform designed specifically for robots and physical AI systems operating in real-world environments.
Asian financial markets are set for a weaker start as investors digest another bout of selling across the US semiconductor sector, extending a period of heightened volatility within technology equities.
One of Wall Street's most closely watched semiconductor analysts has delivered what many investors view as the clearest warning yet that the extraordinary pricing environment supporting the global memory industry could be approaching its peak.
Nvidia has spent the past several years at the center of the artificial intelligence revolution, becoming the dominant supplier of graphics processing units (GPUs) powering the world's largest AI models. However, comments made by Chief Executive Officer Jensen Huang during his visit to Japan …
The Nasdaq Composite ended Thursday down1.6%, marking one of its sharpest single-session declines in recent weeks as weakness across semiconductor stocks overshadowed an otherwise encouraging earnings season.
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