Chip tensions Global chip stocks tumbled amid potentially tighter restrictions on U.S. exports to China and escalating geopolitical tensions. U.S.-listed shares of ASML and Taiwan Semiconductor Manufacturing Co plunged 12% and 8%, respectively. The declines followed a Bloomberg report that the Biden administration is weighing tougher restrictions on companies exporting technology to China. Nvidia shares slumped more than 6%, while Arm Holdings, Lam Research, Applied M...
$Nasdaq Composite Index(.IXIC.US)$plunged 2.8%, its worst performance in a year and a half, while$Dow Jones Industrial Average(.DJI.US)$hit a new high.$Russell 2000 Index(.RUT.US)$fell over 1%, marking its first drop in six days. Notably, this was the first time since 2001 that the Nasdaq dropped over 2.5% while the Dow gained, indicating ongoing capital rotation. Chip stocks plummeted, with the Philadelphia Semiconductor Index diving nearly 7%, marking the biggest drop for the most popula...
On Saturday, Donald Trump was shot at a campaign rally in Pennsylvania, which could be a key moment that completely disrupts the US election landscape this year. Following the incident, data from Polymarket shows that Trump's chances of winning the election have skyrocketed to 71%. After shooting, Bitcoin price briefly surpassed $63,000.$Trump Media & Technology(DJT.US)$surged over 70% in Mond...
2) Nvidia performance over the last two years has to be one of the best tech stories ever. Incredible how they built their accelerated computing ecosystem for over a decade before the current infrastructure boom
$NVIDIA(NVDA.US)$ $Broadcom(AVGO.US)$ $Advanced Micro Devices(AMD.US)$ $ASML Holding(ASML.US)$ $Qualcomm(QCOM.US)$ $Applied Materials(AMAT.US)$ $Texas Instruments(TXN.US)$ $Intel(INTC.US)$ $Micron Technology(MU.US)$ $Lam Research(LRCX.US)$ $Analog Devices(ADI.US)$ $KLA Corp(KLAC.US)$ $Tokyo Electron (ADR)(TOELY.US)$ $Synopsys(SNPS.US)$ $Cadence Design Systems(CDNS.US)$ $Marvell Technology(MRVL.US)$
What Happened?
The sharp decline in the semico...
Global chip stocks tumbled amid potentially tighter restrictions on U.S. exports to China and escalating geopolitical tensions. U.S.-listed shares of ASML and Taiwan Semiconductor Manufacturing Co plunged 12% and 8%, respectively. The declines followed a Bloomberg report that the Biden administration is weighing tougher restrictions on companies exporting technology to China.
Nvidia shares slumped more than 6%, while Arm Holdings, Lam Research, Applied M...
Chip stocks plummeted, with the Philadelphia Semiconductor Index diving nearly 7%, marking the biggest drop for the most popula...
After shooting, Bitcoin price briefly surpassed $63,000. $Trump Media & Technology(DJT.US)$ surged over 70% in Mond...
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