SK Hynix's AI-focused HBM chips to hit double-digit DRAM sales in 2024, with Nvidia as a key recipient. Amid US-China tensions, SK Hynix leads with HBM3 chips, planning a $4B chip facility in Indiana.
A Cantor Fitzgerald initiating coverage report on the semiconductors and semiconductor equipment industry highlighted their top picks for 2024. On average, Cantor sees 14% upside in 2024 for the 18 ...
Nvidia crushed expectations with a bumper quarterly earnings report on Wednesday, reporting a 265% increase in revenue from the same period a year ago, sending shares up over 9% in extended trading.
Nancy Pelosi's recent Nvidia stock disclosure reignited scrutiny on congressional trading. Following Pelosi's trading strategy would have resulted in over 700% returns in the last decade, per Quiver ...
U.S. stocks reached new peaks on Thursday, propelled by Nvidia’s NVDA blockbuster earnings report. Both the S&P 500 and Dow Jones concluded the day at all-time highs, gaining 2.2% and 1.2%, ...
The semiconductor industry is experiencing a cyclical recovery, with the PHLX Semiconductor Sector Index (NASDAQ:SOX), hitting its bottom in October 2022 and rising 95% since then. The trajectory was ...
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