Newsfeeds - Spark Newswire

1 minute read

Why Micron Shares Are Falling After AMD News

Today, 12:48 PM

Micron Technology, Inc. (NASDAQ: MU) shares are trading lower by 2.91% to $53.03 Friday afternoon in sympathy with Advanced Micro Devices, Inc. (NASDAQ: AMD) after the company lowered its third-quarter sales guid

AMD

2 minute read

AMD, Samsung’s Warnings Underline Looming Tech Slowdown — But This Analyst Sees Pockets Of Strength

By Shanthi Rexaline

Today, 12:48 PM

Advanced Micro Devices Inc. (NASDAQ: AMD) shares moved sharply to the downside in after-hours trading on Thursday after the chipmaker warned of a revenue shortfall.

AMD

1 minute read

Key Apple Supplier Clocks 48% Sales Growth In Q3

By Anusuya Lahiri

Today, 12:48 PM

Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) reported a September revenue growth of 36.4% year-on-year to NT$208.25 billion. Revenue for January…

AAPL

2 minute read

Samsung Shares Slide As Much As 2% On Bleak Q3 Profit View: Here’s Its Sales Forecast

By Bhavik Nair

Today, 12:48 PM

Samsung Electronics Co Ltd (OTC: SSLNF) has reported its earnings guidance for the third quarter, with the consolidated operating profit li

AMD

1 minute read

Benchmark Sees Weaker Trends Continuing For Data Storage Stocks, Especially In Asia

By Anusuya Lahiri

Today, 12:48 PM

Benchmark analyst Mark Miller reiterated a Hold on Seagate Technology Holdings PLC (NASDAQ:STX). The firm does not provide price targets for Hold-rated…

1 minute read

Biden’s CHIPS Act Draws Momentum; IBM Earmarks $20B In Hudson Valley Region Over The Decade

By Anusuya Lahiri

Today, 12:48 PM

Today U.S. President Joseph R. Biden, Jr. and International Business Machines Corp (NYSE:IBM) Chair and CEO Arvind Krishna will tour…

IBM

2 minute read

Here’s Why This Analyst Remains In Line On US Semiconductor Companies

By Anusuya Lahiri

Today, 12:48 PM

Morgan Stanley analyst Joe Moore remained in line on U.S. semiconductors, recognizing obvious cyclical challenges that he thinks are partly priced in but still material uncertainty about where estimates can bottom.

HXSCL

2 minute read

YMTC Ban Likely A Plus For Micron & Western Digital, While A Minus For AMD & NVIDIA, Analyst Says

By Anusuya Lahiri

Today, 12:48 PM

Mizuho analyst Vijay Rakesh saw the potential for a Yangtze Memory Technologies Co ban and expanding restrictions from AI or GPUs…

AMD

2 minute read

Uncategorized

2 NASDAQ earning reports to watch in October

Today, 12:48 PM

It’s that time of year again; earning session for US stocks. With so many other variables contributing to volatility in the US markets (e.g., inflation, Fed rate hikes, recession, oil prices, quantitative easing), anything out of the ordinary can result in huge moves in stock prices.

AMD

1 minute read

STMicroelectronics To Build Italy Chip Plant With Government Aid To Beef Up Its EV Presence

By Anusuya Lahiri

Today, 12:48 PM

STMicroelectronics N.V. (NYSE:STM) will build an integrated Silicon Carbide (SiC) substrate manufacturing facility in Italy. The facility will support the…