Chip stocks like Intel, AMD, and Broadcom fell 4-5% despite a drop in long-term Treasury yields, which usually supports growth stocks. This selloff is seen as portfolio-level trimming of AI hardware exposure ahead of NVIDIA's earnings report on August 26. NVIDIA stock remained flat, supported by easing Chinese import restrictions on its H200 chips and positive analyst outlooks. The VanEck Semiconductor ETF also dipped 1%, reflecting weakness in major chip stocks. Investors should watch NVIDIA's earnings and sector trends for cues on semiconductor stock direction.
Maverick Capital, led by Lee Ainslie, made a significant portfolio shift by reducing holdings in mature chip leaders Nvidia (NVDA) and TSMC (TSM) and investing heavily in five surprising new positions: Meta Platforms, AMD, Snowflake, Intel, and Nu Ho...
Shares of AI hardware companies, including Cerebras, Intel, and AMD, fell sharply before Cerebras' Supernova product event due to profit-taking and broader market rotation. Despite strong endorsements and revenue growth projections, Cerebras faces se...
Intel's stock has surged over 329% in the past year, driven by strong growth in its Data Center and AI segments and a successful foundry ramp. Despite this impressive comeback, shares face near-term pressure from a recent $15 billion stock offering a...
NVIDIA's latest 13F filing revealed a surprising $30 billion investment in Intel, representing nearly half of its $63 billion equity portfolio. This move highlights CEO Jensen Huang's strategy to invest broadly in the AI supercycle, including key pla...
US export controls on chipmakers like Nvidia, AMD, and Intel, initiated by the Biden administration and supported by Congress, are causing more harm than just lost sales. While these companies lose access to the Chinese market, Chinese firms such as ...
