Semiconductor stocks Intel, AMD, and NVIDIA fell Friday after sharp multi-week gains, with Intel leading a selloff down 8%. The pullback follows strong rallies fueled by AI demand and solid earnings, including Intel's impressive Q1 results and AMD's revenue growth. NVIDIA's shares also declined ahead of its May 20 earnings report, as investors locked in profits and reduced risk. Despite the drop, all three remain positive for the year, with NVIDIA's upcoming earnings expected to set the tone for the sector's next moves.
The iShares Semiconductor ETF (SOXX) has surged 89% year to date, driven by heavy capital spending from hyperscalers like Meta, Microsoft, and Amazon on AI data centers. SOXX holds about 30 chip stocks, with top performers like Micron and Intel up ov...
Intel stock bounced sharply from a key support level near $98, completing a 38.2% Fibonacci retracement and testing the lower boundary of a falling channel. This rebound suggests the recent correction may be ending, supported by strong prior gains an...
The Nasdaq experienced its worst sell-off since Liberation Day, with chip stocks losing over $1 trillion in value. Despite this, some analysts view the drop as an overreaction, noting that AI-driven chip demand supports long-term profits. However, ce...
Intel has surged 168.75% year-to-date, fueled by a $5 billion NVIDIA investment and government support, but faces challenges with a $3.87 billion free cash flow loss and a 123x forward P/E ratio. Its Foundry segment alone lost $2.5 billion recently, ...
Intel's stock jumped after reports that Google and Nvidia are considering Intel as a backup manufacturer for advanced AI chips, with Google reportedly ordering over 3 million Tensor Processing Units for 2028. Nvidia is also testing Intel's technology...
