Sector Update: Tech Stocks Rise Premarket Friday
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Ahead of US Farm Prices Data
Big news has just emerged in the chip field! Germany is providing "huge" subsidies to the chip industry, while amazon is "challenging" nvidia.
To challenge nvidia's monopoly in the ai chip field, technology giant amazon is accelerating the development of a new ai chip Trainium2, which has four times the performance and three times the memory capacity compared to the previous generation, and has significant advantages in energy efficiency and cost.
A significant piece of news regarding semiconductors between China and the US has ignited the market! Japanese chip stocks have surged in response. What is going on?
Bloomberg reported that the usa government’s restrictions on selling chip equipment and ai memory semiconductors to china are lighter than expected. After the news broke, shares of chip manufacturing equipment maker tokyo electron ltd. unsponsored adr jumped 10%, marking the largest increase since August last year, while fellow semiconductor equipment manufacturer Kokusai Electric corp. surged 23%.
Tech-stock Stumble Is a Worry Heading Into 2025. Here's What Could Save the Day.
Sector Update: Tech Stocks Flat to Lower Premarket Wednesday