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The chipmaker announced a new capital‑expenditure envelope of $60 billion to $64 billion for 2026, a step up of at least $4 billion versus its earlier outlook. The increase reflects intensified demand for artificial‑intelligence‑optimized silicon, which the company expects to dominate its product mix …
Taiwan Semiconductor Manufacturing Co. (TSM) has cemented its position as the backbone of the AI semiconductor boom, with shares climbing 28.6% year-to-date despite a recent pullback. The world’s largest contract chipmaker, valued at $2.18 trillion, saw its stock close at $419.48 on July 15, …
Wall Street opened Thursday with a split performance as the Nasdaq composite retreated under pressure from semiconductor stocks while healthcare names rallied. The tech-heavy index shed 0.8%, reflecting cautious sentiment ahead of key economic releases and a fresh round of corporate earnings. Taiwan Semiconductor …
Trump Media has rolled out a real-time API for Truth Social, giving Wall Street traders direct access to posts that could move markets before they appear on traditional data feeds. The service, launched this week, allows financial firms to ingest Truth Social content instantly, …
TSMC announced earnings that surged 77% from the prior year, outpacing expectations, yet the broader semiconductor sector turned negative. The Philadelphia Semiconductor Index erased more than 4% of its value, marking a second straight day of losses. Analysts note that the earnings jump did …
Wall Street opened sharply divided on Thursday as a sell-off in semiconductor stocks dragged the Nasdaq lower, while the Dow Jones Industrial Average and other major indexes held steady. Early trading saw sharp declines in memory chip makers Sandisk and SK Hynix, alongside a …
Oracle Corporation (NYSE: ORCL) saw its stock slide 4.9% to $125.96 as both Piper Sandler and KeyBanc reaffirmed Buy recommendations, each attaching new price targets that widen the valuation gap. The company’s market capitalization now stands at $381.6 billion, while shares have trended down …
Seagate Technology Holdings plc (NASDAQ: STX) delivered a standout quarter, returning more than 100% as demand for its data storage solutions surged amid the artificial intelligence boom. The company’s shares, though down 8.5% in recent trading to $757.69, have soared 163.2% year-to-date, reflecting investor …
Snowflake Inc. (NYSE: SNOW) has granted its CEO, Sridhar Ramaswamy, a performance-based award of 1,000,000 shares. This equity incentive is part of the company’s broader strategy to align executive compensation with the creation of long-term value for its stockholders. As a leader in the …
Despite the beat, the stock slipped 2.0% to $475.54 in the latest session. The price now sits 17.2% below its start‑of‑year level and 0.8% lower than a month ago, managing a 52‑week swing between $405.00 and $748.30. The market’s muted reaction highlights a disconnect …
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