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Express News | Shares of Semiconductor Stocks Are Trading Lower Amid Ongoing Market Volatility as the Market Pulls Back Following Recent CPI Data
Who will be the next member of the "Trillion Dollar Club"? Analysts believe that Eli Lilly and Co and Tesla have the greatest hopes.
Jim Cramer, head of CNBC's Investing Club, said today that in addition to seven companies such as Microsoft, Apple, and Nvidia, Tesla and pharmaceutical company Eli Lilly may soon join the "Trillion-Dollar Market Cap" club. Currently, only seven technology companies, including Apple, Microsoft, Nvidia, Saudi Aramco, Alphabet, Amazon, and Meta, have market caps exceeding 1 trillion US dollars. Taiwan Semiconductor's market cap also surged past 1 trillion US dollars this week. Among them, the market caps of three companies, Apple, Microsoft, and Nvidia, have all exceeded 1 trillion US dollars.
Goldman Sachs pours cold water again: AI expenses already account for 25% of S&P 500's total expenses, and the valuation is at risk if they don't make money soon.
The rapidly growing US technology stocks have raised concerns among Wall Street analysts. More and more people are questioning whether too much investment has been put into the AI industry with little return.
Today's Analyst Rating | Apple Price Target Raised to $215 by CCORF, Microsoft Price Target Raised to $480 by Raymond James
Jul 11, Wall Street analysts have updated their stock ratings today including $Apple(AAPL.US)$ and $Microsoft(MSFT.US)$.
Asian Tech, Chipmaking Stocks Rise as TSMC Spurs AI Cheer
Technology stocks in Asia rose on Thursday, with chipmakers in the lead as strong monthly revenue figures from TSMC drummed up optimism over artificial intelligence-driven demand.
Market Chatter: SK Hynix, TSMC, Nvidia Join Forces at Chip Industry Exhibition in Taiwan
SK Hynix (KRX:000660), Taiwan Semiconductor Manufacturing Company (TSMC), and Nvidia will boost their partnership at the semiconductor industry exhibition in Taiwan, or the Semicon Taiwan, amid the increasing competition in the AI semiconductor space, Pulse News reported Wednesday.
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