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U.S. stock market closing | The three major indexes had mixed results, with the Nasdaq increasing over 1% to reach a new high, while the Dow Jones fell for the eighth consecutive day; Broadcom surged over 11%, and Tesla rose over 6%, both reaching histori
The Dow Jones Industrial Average has recorded its longest losing streak since 2018; NVIDIA fell over 1%, marking its third consecutive decline; MicroStrategy, which was added to the Nasdaq 100 index, surged over 7% intraday before reversing to a loss, and Super Micro Computer, which was removed from the index, closed down over 8%. Chinese concept stocks fell over 2%.
Morgan Stanley's in-depth analysis of the Industry Chain for ASICs: Who are the big winners?
Morgan Stanley believes that although NVIDIA's GPUs have a clear performance advantage, the initial cost of ASICs is lower, making them particularly suitable for budget-constrained Cloud Computing Service providers. Broadcom, Semiconductor Manufacturing International Corporation, and Socionext are viewed as Bullish. Cadence Design Systems, Taiwan Semiconductor, and their supply chain partners will benefit from the rapid growth in ASIC design and manufacturing.
Taiwan Semiconductor Options Spot-On: On December 16th, 105.1K Contracts Were Traded, With 1.75 Million Open Interest
On December 16th ET, $Taiwan Semiconductor(TSM.US)$ had active options trading, with a total trading volume of 105.1K options for the day, of which put options accounted for 32.46% of the total
Market Chatter: Biden Preparing Trade Probe Into Legacy Chips Made in China
10 Information Technology Stocks Whale Activity In Today's Session
"Biden Prepares To Target Chinese Legacy Chips With Trade Investigation; The Investigation Could Result In Tariffs On Older Types Of Chips From China, Though The Decision Would Ultimately Fall To Trump" - NY Times