US stocks rose in early trading, with all three indices up. Semiconductor stocks have strengthened, with NVIDIA up nearly 4%, Intel up over 5%, and the market cap of Taiwan Semiconductor nearing $1 trillion.
The Dow Jones Industrial Average rose by 0.6%, the S&P 500 index rose by 0.24%, and the Nasdaq rose by 0.17%.
Which chip stocks can continue to shine in the second half of the year? Wall Street is most bullish on these nine stocks.
In the first half of the year, the semiconductor industry performed better than the S&P 500 index, highlighting that it is currently the biggest beneficiary industry of the global corporate investment frenzy in AI.
ASML Holding CEO: The world needs traditional process chips produced in China.
1. Christopher Fuca, CEO of Asml Holding, said that chip buyers, including the German auto industry, need traditional process chips currently invested by Chinese chip manufacturers; 2. According to industry organization SEMI's estimate, the production capacity of Chinese chip manufacturers will increase by 14% to 10.1 million chips per month by 2025, accounting for about one-third of global total production.
The US stock market continues to soar to new heights! From "Trump Trade" to "Interest Rate Cut Trade", the market welcomed two heavyweight signals this week.
With the release of weak job market data, the expectation of a Fed rate cut has been reignited, causing bond yields to rise and fall. Funds have poured back into technology stocks, and the Nasdaq and S&P 500 hit new highs together last Friday.
Omdia: MediaTek Outgrowing Qualcomm Snapdragon in the 5G Smartphone Market
LONDON, July 8, 2024 /PRNewswire/ -- 5G smartphones equipped with MediaTek chipsets experienced robust growth of 53%, increasing to 53.0 million in 1Q24 from 34.7 million in 1Q23, according to the lat
Will the global chip supply be affected by Samsung's largest-ever strike?
On Monday, Samsung Group will face the largest strike since the company was founded half a century ago - thousands of workers at Samsung Electronics will walk out of the assembly line for a three-day strike. This unprecedented strike may damage Samsung's reputation and trigger similar activities throughout the technology industry, and may also affect the normal operation of the entire chip supply chain.
Express News | Mediatek and Qualcomm have simultaneously launched their flagship mobile chipsets in Q4, with Taiwan Semiconductor adding another large order for 3nm technology.
Futu Morning Post | Major this week! Powell is about to "brave" Capitol Hill; Eight consecutive rises achieved! Tesla soared more than 27% this week, wiping out the year's decline.
Federal Reserve Monetary Policy Report: Inflation cools down, employment market is similar to pre-pandemic, and US stocks rise faster than profit expectations. News report: Most of Taiwan Semiconductor's customers have agreed to increase outsourcing prices in exchange for reliable supplies. Amazon CEO Bezos cashes out $0.3331 billion in stocks.
Semiconductors have started a wave of good news? Both domestic and international players have seen a significant increase in performance to recover from the industry downturn.
The wind of the semiconductor industry's recovery has already begun. Recently, many semiconductor companies at home and abroad have reported impressive company business data, with many net incomes skyrocketing in the first half of the year or the second quarter.
U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.
In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.
Form 144 | Qualcomm(QCOM.US) Insider Proposes to Sell 611.43K in Common Stocks
SEC FILLINGS DISCLOSED/ Jul 5, $Qualcomm(QCOM.US)$ Insider Akash Palkhiwala intends to sell 3,000 shares of its common stock on Jul 5, with a total market value of approximately $611.43K. Akash Palk
Express News | Advanced Micro Devices up 5.5%, Globalfoundries up 4.4%, Intel up 2.3%, Qualcomm up 1.3%
CNBC Halftime Report Final Trades: Amazon.com, QUALCOMM, Ardagh Metal Packaging S.A.
CNBC Halftime Report Final Trades: Amazon.com, QUALCOMM, Ardagh Metal Packaging S.A.
Express News | South Korea Customs has relaxed the quota limit for simplified export declaration applicants.
"Trump 2.0" may be coming soon! Which major assets will "dance" and which will "lie flat"?
As traders assume that Trump's return to the White House is a basic market expectation, how should investors act?
A new Copilot+ PC from Lenovo (00992), with Snapdragon X and a 16-inch screen, is coming.
Lenovo's new Copilot+ PC exposed.
Express News | Qualcomm China reduced its capital to $0.48 billion.
Institutional Investors Control 78% of QUALCOMM Incorporated (NASDAQ:QCOM) and Were Rewarded Last Week After Stock Increased 3.3%
Nvidia Has Dropped 5% Since Its Peak. These 2 Chip Stocks Have Done Worse. -- Barrons.com
By Adam Clark Nvidia stock has dropped back since its recent record high. Other chip stocks benefiting from the artificial-intelligence boom are also meeting some skepticism. Nvidia shares closed up
Kaiyuan Macro: AI will drive the US stock market up another 27%, but we need to beware of complacency leading to sorrow!
Kaitu Macro's chief economist pointed out that AI is a bubble that is doomed to burst, but it will continue to expand until then.