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    • Chip Stocks

    Micron drives chip stock rally as AI demand impacts revenue forecast
    Massachusetts

    Micron drives chip stock rally as AI demand impacts revenue forecast

    By Arsheeya Bajwa (Reuters) – Micron Technology shares rose 15 percent in premarket trading on Thursday, leading a rally in chip stocks after the company’s strong sales forecast signaled robust demand for semiconductors used to power generative AI technology. The…

    Posted on Idris Bevan
    Nvidia and chip stocks fluctuate after the previous day’s sell-off
    Enterprise

    Nvidia and chip stocks fluctuate after the previous day’s sell-off

    (Reuters) – Chip companies led by market leader Nvidia were expected to extend losses on Wednesday following a sharp sell-off in the previous session, reflecting growing concerns on Wall Street about the stocks’ high valuations as AI optimism fades. Nvidia…

    Posted on Idris Bevan
    Nasdaq gets off to a bumpy start in September as Nvidia sell-off continues
    Enterprise

    Nasdaq gets off to a bumpy start in September as Nvidia sell-off continues

    U.S. stocks fell on Tuesday, marking a historically difficult month for markets, with AI darling Nvidia (NVDA) and chip stocks dragging tech stocks lower. Meanwhile, attention turned to a week of economic and labor market data, led by a key…

    Posted on Idris Bevan
    Chip stocks will regain momentum on AI demand: Analyst
    New Jersey

    Chip stocks will regain momentum on AI demand: Analyst

    The chip sector saw a brief rebound last week after a major sell-off, with Nvidia (NVDA) leading the pack once again. Looking ahead, chip stocks are likely to regain momentum after August’s volatility, but can they reclaim their previous highs?…

    Posted on Seren Anwen

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