Shares of foundry Taiwanese Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) climbed in premarket trading after the company reported September revenues. The Hsinchu, Taiwan-based company said its September revenues rose 0.4% month-over-month and jumped 39.6% to NT$ 251.87 billion ($7.82 billion). Revenue…
Throughout 2024, Nvidia Corp. (NASDAQ:NVDA) insiders have been actively selling shares, tallying transactions over $1.8 billion, with expectations of more to come, Bloomberg reports. The most notable of these insiders, CEO Jensen Huang, executed sales of approximately $713 million through…
Super Micro Computer Inc (NASDAQ:SMCI) has seen its stock soar over 1,000% in the past three years, only to drop 65% from all-time highs, reflecting the volatile nature of its AI-driven business. Specializing in data center assembly and AI infrastructure,…
In the tech world, staying ahead of the pack is always the name of the game, but Apple Inc's (NASDAQ:AAPL) playing a different one. Apple Is Laser-Focused On One Thing Christopher Gannatti, Global Head of Research at WisdomTree, Inc., told…
Nvidia reported a striking 122% increase in revenues, reaching $30 billion for the second quarter. Nvidia's CFO, Colette Kress, revealed plans for the upcoming launch of the Blackwell chip in the fourth quarter. Despite the high demands of its work…
Advanced Micro Devices, Inc (NASDAQ:AMD) made a significant claim regarding the future performance of Zen 5 CPUs pending a substantial update from Microsoft Corp (NASDAQ:MSFT). The chip designer said Microsoft’s upcoming Windows 11 version 24H2 update will boost performance for…
Trump Media & Technology Group (NASDAQ:DJT) saw its shares dip and approach record lows on Thursday following disappointing quarterly results and former President Donald Trump’s return to the social media platform X. The Trump-backed stock has had a volatile ride…
Even as index futures suggest a cautious start on Wednesday, Nvidia Corp (NASDAQ:NVDA) and Super Micro Computer, Inc. (NASDAQ:SMCI) – two companies with significant exposure to artificial intelligence technology, advanced strongly in premarket trading on Wednesday. The premarket strength may…
Major financial analysts, including those from Bank of America and UBS, have endorsed Nvidia as a "top pick" due to anticipated growth from increased AI spending. Despite a recent dip to around $100, Nvidia's stock has shown resilience, supported by…
Nvidia Corp (NASDAQ:NVDA) has seen its market value decline by $900 billion since its peak in June 2024, despite the ongoing surge in artificial intelligence (AI) spending. While this drop might suggest a cooling of the AI boom that propelled…
