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INTC Jun 2024 47.000 put

OPR - OPR Delayed price. Currency in USD
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12.100.00 (0.00%)
As of 03:37PM EDT. Market open.
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Previous close12.10
Expiry date2024-06-21
Day's range12.10 - 12.10
Contract rangeN/A
Open interestN/A
  • Reuters

    US commerce secretary downplays chip in advanced Huawei phone

    The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working. Huawei, which has been on a trade restriction list since 2019, surprised the industry and the U.S. government when it released a new phone powered by a sophisticated chip last August. The Huawei Mate 60 Pro was seen as a symbol of China's technological resurgence despite Washington's ongoing efforts to cripple its capacity to produce advanced semiconductors.

  • Yahoo Finance Video

    Outside of AI, chip sector is 'not all that great': Analyst

    Shares of Super Micro Computer (SMCI) fell sharply Friday after the company opted not to pre-announce its first-quarter results. This development comes as the semiconductor sector undergoes a sector-wide correction. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins Market Domination to provide insights into this situation. Rasgon acknowledges that while the chip sector is undergoing a correction, "outside of AI" the industry has not been performing well. He notes that other segments of the sector, such as automotive, data centers, PCs, and smartphones, "are not all that great," which could be contributing to the sector-wide pressure, in addition to the disappointing earnings from major players. Rasgon shifts the focus to the question of "the pace of the recovery," noting that the stocks have held up "remarkably" despite the revisions, suggesting this is "a delayed reaction." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

  • Yahoo Finance Video

    Even tech stocks like Nvidia need to take a break: Analyst

    The broader market has been in flux with the tech-heavy S&P 500 (^GSPC) down for the last trading week. Recent geopolitical tensions in the Middle East haven't been the sole detractor from 2024's market momentum. One of the leaders in the S&P is chip-making powerhouse Nvidia (NVDA) which is down 15% over the past month. Is the rally for Big Tech players over or just on a pause? F/m Investments President and Chief Investment Officer Alex Morris joins Market Domination to discuss the chip sector and Nvidia's recent dip in share price. Morris weighs in on the current market landscape and how Nvidia has performed recently: "It's surprising to see it today. There's no great catalyst for it. Nvidia didn't come out and say 'we're out of the game, AI is over.' But we have to remember Nvidia, Microsoft (MSFT), Big Tech names, they're momentum names and momentum names occasionally need to take a breather... The geopolitical events aren't the catalyst but they are a good opportunity for folks to reevaluate where their money is and sometimes you take your profits." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino