Applied Materials has agreed to acquire NEXX, a business unit of ASMPT, to enhance its portfolio in advanced semiconductor packaging. NEXX specializes in large-area panel-level deposition equipment, crucial for building larger, energy-efficient AI chips with complex architectures. This acquisition will allow Applied Materials to offer more comprehensive solutions for advanced packaging technologies, supporting the growing demand for AI accelerators. The deal is expected to close in the coming months, with NEXX's team joining Applied's Semiconductor Products Group in Massachusetts.
The Semiconductor Index surged 88% in the second quarter of 2026, driven by major gains from companies like Micron, Intel, and AMD. This remarkable growth reflects the intense global competition in AI technology, which has caught the attention of pol...
Michael Burry, known for predicting the 2008 housing crash, has initiated a short position on Micron, arguing the stock is overvalued after a 209% rally this year. He highlights Micron's history of severe price drops, weak profitability metrics, and ...
In June, amid a global tech sell-off, investors shifted from growth to value strategies, driving $13 billion into value-focused ETFs, surpassing growth inflows for the year. The American Century U.S. Quality Value ETF (VALQ) stood out by combining va...
Jim Cramer advises investors to use the recent market rotation as a chance to sell underperforming stocks at a premium and buy leading winners at a discount. He highlights Meta, Micron, and AMD as top picks, noting strong demand in semiconductors and...
After soaring in the second quarter with a combined $2 trillion gain, major semiconductor stocks including Micron, Intel, and AMD fell sharply at the start of Q3, with Micron dropping 11%, Intel 9%, and AMD 7%. The sell-off followed fears that AI inf...
