Chipmaker articles
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Nvidia's strong forecast lifts shares of AI chipmakers
By Caroline Valetkevitch. NEW YORK (Reuters) - A stronger-than-expected revenue forecast from Nvidia (NASDAQ:NVDA) after the bell on...
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Nvidia's strong forecast lifts shares of AI chipmakers
A stronger-than-expected revenue forecast from Nvidia after the bell on Wednesday lifted shares of the artificial-intelligence chipmaker and fueled gains in other chip and technology stocks. Shares of Nvidia were last up 3.5% while Advanced Micro Devices was up 1.2% and Broadcom was up 0.8% in after-hours trading. "I believe I heard a collective sigh of relief across Wall Street as many investors and analysts were nervous about Nvidia and the entire tech center ahead of this announcement,"...
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Chipmaker Analog Devices Heralds Start Of Cyclical Recovery
Chipmaker Analog Devices beat Wall Street's targets for its fiscal Q2 and guided higher than views for the current period. ADI stock rose.