Semiconductor
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techMicron Technology Set for Surging Earnings Amid AI Demand
Micron Technology anticipates a staggering 1,000% profit growth in Q3 2026, driven by robust AI memory demand.
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financeGoldman Sachs Lifts TSMC Target 35% on Unstoppable AI Demand
Goldman Sachs issues a conviction buy on TSMC, raising its price target sharply as AI-driven demand for advanced 3nm and 5nm chips tightens capacity through 2027.
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techByteDance Pivots from Nvidia, Negotiates for 50,000 AI Chips from Iluvatar CoreX
ByteDance is in talks to acquire over 50,000 AI GPUs from Shanghai-based Iluvatar CoreX, marking a strategic pivot toward domestic chip ecosystems amid tightening US export controls.
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techTSMC Revenue Surges 35% on AI Infrastructure Boom
TSMC reports 35.1% revenue growth in Q1 2026, driven by NVIDIA and Apple demand for advanced semiconductor nodes.
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financeWells Fargo Doubles Micron Target to $1,220 on AI Memory Boom
Wells Fargo more than doubles its price target for Micron Technology to $1,220, citing tight supply and AI demand.
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techMarvell Technology Secures S&P 500 Listing on AI Chip Demand
Marvell Technology to join S&P 500 on June 22, replacing Pool Corp, driven by strong AI chip demand and profitability.
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financeWall Street Tumbles as Chip Stocks Slump, Jobs Data Sparks Fed Rate Hike Fears
U.S. markets saw steep declines after May's jobs report blew past expectations, increasing the likelihood of a Federal Reserve rate hike. The Nasdaq fell 4.18% and chip stocks lost over $1 trillion.
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techEU Unveils Tech Sovereignty Package to Reduce Foreign Dependence
Brussels launches a major legislative drive to boost local chip, cloud, and AI firms, reducing reliance on non-EU providers.