The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks taken when money is parked with a Read more
Tag: PHLX Semiconductor Index
Qualcomm stock drops more than 5% after poor outlook, months-long chip glut
Qualcomm Inc. shares fell in the extended session Wednesday following the chip maker’s poor outlook, and estimates of about two months or more of inventory it needs to clear in Read more
Taiwan Semi slumps after reported diss of U.S. chip efforts, analog-chip downgrades also drag on semiconductor sector
Chip stocks lagged behind the broader market Monday following a report that Taiwan’s fabrication industry is pessimistic about U.S. efforts to lessen its reliance on foreign capacity, along with a Read more
Lam Research earnings rise after posting beat-and-raise quarter like ASML
Lam Research Corp. rose in the extended session Wednesday, adding to gains in the regular session, after the chip-making-equipment supplier posted a beat-and-raise quarter, not unlike larger ASML Holding NV Read more
Chip stocks could suffer worst year ever as effects of shortage-turned-glut spread
Chip stocks sold off again Tuesday with havens within the battered semiconductor industry disappearing as the effects of a supply glut spread following a years-long shortage. The PHLX Semiconductor Index Read more
Dow books 630-point drop after strong jobs data rattles investors, but stocks cement weekly gains
U.S. stocks finished sharply lower Friday, but still booked their best weekly gains in a month, after September jobs data showed an unexpected fall in the unemployment rate that’s anticipated Read more
Chip stocks slammed by new ban on chip and AI technology for China
The chip sector melted down Friday after U.S. regulators moved to pump the brakes on China’s military ambitions by issuing new restrictions on semiconductor and AI technology that can be Read more
Dow drops over 500 points after September jobs report, as stocks cut weekly gains
U.S. stocks fell sharply Friday, cutting into weekly gains, after September jobs data showed an unexpected fall in the unemployment rate that’s expected to reinforce the Federal Reserve’s resolve to Read more
U.S. stock futures weaken ahead of jobs report, as AMD warning weighs on tech listings
U.S. stock futures edged lower Friday ahead of the pivotal jobs report, with investors also weighing a profit warning at a leading microchip maker. What’s happening Futures on the Dow Read more
Opinion: Congress’s $76 billion plan to help U.S. chip makers is bad tax policy — and could turn into subsidies forever
Both the Senate and the House of Representatives have approved $52 billion in grants and $24 billion in tax credits that advocates say will strengthen the production of semiconductors in Read more
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