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    • ASML

    S&P 500 heads for record high, Nasdaq rises while Nvidia rises
    Tennessee

    S&P 500 heads for record high, Nasdaq rises while Nvidia rises

    U.S. stocks rose on Monday, heading toward new record highs, while Nvidia shares climbed and investors braced for more gains from major banks to test this rally and the chances of an economic “soft landing.” The S&P 500 (^GSPC) rose…

    Posted on Eira Gwyneth
    S&P 500 and Nasdaq futures rise as China stimulus and chip stocks lift sentiment
    Massachusetts

    S&P 500 and Nasdaq futures rise as China stimulus and chip stocks lift sentiment

    U.S. stock futures jumped on Thursday, setting the stage for new record highs. Investors welcomed a series of news including solid U.S. economic data, upbeat results from Micron (MU) and China’s promise of more stimulus while awaiting word from Jerome…

    Posted on Idris Bevan
    Facts you should know before trading
    New Jersey

    Facts you should know before trading

    At last close, ASML (ASML) reached $907.26, moving -0.05% from the previous day. This move lagged the S&P 500’s daily gain of 1.15%. The Dow, on the other hand, posted a gain of 1.14% and the tech-focused Nasdaq gained 1.47%….

    Posted on Seren Anwen
    Tech War: China’s SMIC reports strong sales growth as geopolitical tensions boost local demand
    Alabama

    Tech War: China’s SMIC reports strong sales growth as geopolitical tensions boost local demand

    China’s largest chipmaker Semiconductor Manufacturing International Corp (SMIC) reported strong sales growth in the second quarter as customers rushed to place orders amid rising geopolitical tensions, company and board statements showed. The Shanghai-based foundry’s revenue rose 22 percent year-on-year to…

    Posted on Idris Bevan
    China makes progress toward self-sufficiency in chip tools, but lithography remains a bottleneck
    Alabama

    China makes progress toward self-sufficiency in chip tools, but lithography remains a bottleneck

    While U.S. export restrictions on China’s access to advanced chips and technologies have boosted local efforts to replace foreign chip manufacturing facilities, bottlenecks remain, industry insiders and analysts say. Leading Chinese tool manufacturers such as Naura Technology and Advanced Micro-Fabrication…

    Posted on Idris Bevan

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