US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Express News | Shares of Semiconductor Stocks Are Trading Lower as the Sector Pulls Back Following This Year's Strength, Which Has Been Driven by AI Momentum
U.S. semiconductor stocks have evaporated over $500 billion! Wall Street is not scared off: the fundamentals are sound.
The volatility of semiconductor stocks in the US market may continue, but the fundamentals are still intact.
Express News | Shares of Semiconductor and Hardware Stocks Are Trading Lower Amid a Selloff in the Sector, Which Has Gained This Year Amid AI Momentum
Is Applied Materials, Inc. (NASDAQ:AMAT) the Best AI Stock Right Now
Semiconductor Stocks Plunge: Opportunity or Risk?
Semiconductor stocks suffered a brutal sell-off on Wednesday, with the Philadelphia Semiconductor Index dropping nearly 7%, marking its worst performance since 2020.
Top Gap Ups and Downs on Wednesday: TSM, NVO, ASML and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
The next trend for generative AI could be the TTT model.
The 'brain' of the Transformers architecture that supports models such as Sora is a lookup table and so-called hidden states. Unlike Transformers, TTT does not continuously grow as it processes more data. It replaces hidden states with machine learning models, like nested dolls of AI, which is within a model.
Applied Materials Down Over 7%, on Pace for Largest Percent Decrease Since December 2022 -- Data Talk
Applied Materials, Inc. (AMAT) is currently at $227.89, down $17.95 or 7.3% --Would be lowest close since June 7, 2024, when it closed at $221.73 --On pace for largest percent decrease since Dec. 22,
Express News | Nvidia Falls 4%, Super Micro Down 5%, AMD Falls 5.6%, Qualcomm Down 6.1%
Express News | Micron Down 5.3%, Applied Materials Down 7.1%
Express News | Shares of Semiconductor Stocks Are Trading Lower Amid Reports Biden Is Considering Further China Restrictions. The Sector May Also Be Down Following Soft Guidance From ASML
ASML Reports Q2 Results, Joins Spirit Airlines And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 300 points on Wednesday.Shares of ASML Holding N.V. (NASDAQ:ASML) fell in today's pre-market trading following the
Express News | Shares of Semiconductor Stocks Are Trading Lower Following Soft Guidance From ASML
Express News | U.S. Chip Stocks Fall Premarket; Report Says Biden Administration Considers Tougher Trade Rules in Chip Crackdown on China
Express News | Micron Down 2.9%, Applied Materials Down 3.3%, Intel Slips 0.4%
Express News | Nvidia Falls 2.8%, Super Micro Down 2.8%, AMD Falls 2.5%, Qualcomm Down 2.3%
A new round of US stock earnings season has begun, and ai chip stocks remain an "apple of the analyst's eye".
Analysts believe that semiconductor companies that have established a foothold in the field of artificial intelligence (AI) are still the most attractive stocks.
Stifel Maintains Applied Materials(AMAT.US) With Buy Rating, Raises Target Price to $275
Stifel analyst Brian Chin maintains $Applied Materials(AMAT.US)$ with a buy rating, and adjusts the target price from $240 to $275.According to TipRanks data, the analyst has a success rate of 76.9%
Applied Materials (AMAT): New Buy Recommendation for This Technology Giant