Previous close | 5.90 |
Open | 6.40 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 125.00 |
Expiry date | 2024-06-21 |
Day's range | 5.90 - 6.40 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Shares of semiconductor giants Advanced Micro Devices (NASDAQ: AMD), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Dell Technologies (NYSE: DELL) were all falling on Wednesday, down 5.2%, 3.7%, and 5.3%, respectively, as of 3:42 p.m. ET. None of these three companies had any company-specific news today, but one -- or actually, two -- of their main rivals reported earnings last night, casting a pall over any chip stock leveraged to the PC or server markets. Yesterday, both HP Inc. (NYSE: HPQ) and Hewlett Packard Enterprise (NYSE: HPE) reported earnings that disappointed.
Taiwan Semiconductor Manufacturing (NYSE: TSM) has reportedly seen an increase in utilization rate for some of its manufacturing lines, thanks to the demand for Nvidia's (NASDAQ: NVDA) artificial intelligence (AI) chips.
The semiconductor industry's long-term outlook is extremely promising, and top players in the space will likely deliver incredible returns for shareholders. Just take a look at the stock performance for Nvidia, one of the world's leading high-performance chip companies. Thanks to artificial-intelligence (AI) applications powering big growth for the company's data-center business, Nvidia's market cap is now in the range of $1 trillion.
Two that I think fall under this umbrella are Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Taiwan Semiconductor Manufacturing Co. (NYSE: TSM). Many people know Alphabet through its Google, YouTube, and Android products, but it also is massively investing in AI. An investment in Alphabet covers many corners of the AI industry, as it has a cloud computing division that can help customers train AI, an AI toolkit that developers can use to deploy AI to their products, and Google DeepMind, a segment that is solely focused on researching and engineering new AI capabilities.
TSMC (TSM) closed at $101.98 in the latest trading session, marking a -1.19% move from the prior day.
Nvidia (NASDAQ: NVDA) and ASML (NASDAQ: ASML) are two of the world's most important semiconductor companies. Nvidia is the world's largest producer of discrete graphics processing units (GPUs) for video games, graphical applications, and artificial intelligence (AI) tasks. ASML is the top producer of lithography systems used to etch circuit patterns onto silicon wafers and the only supplier of top-tier extreme ultraviolet (EUV) lithography systems required to produce the world's smallest and densest chips.
Taiwan Semiconductor (NYSE: TSM) is the world's largest contract chip manufacturer. Because of that, owning TSMC for the long term is the only way to go. With its 3nm processes just coming up to speed, there's a significant business chunk that hasn't been realized as revenue, giving Taiwan Semiconductor a substantial upside.
Rapidus is emerging as Japan's bold response to advanced global semiconductor manufacturing. Harnessing IBM's 2nm technology, Rapidus is set to revolutionize the industry, focusing on AI and super-computing, but is it a Taiwan Semiconductor Manufacturing (NYSE: TSM) competitor? Check out the short video to learn what semiconductor investors Jose Najarro and Billy Duberstein had to say.
This may feel like irrational exuberance, but Texas Instruments, Taiwan Semiconductor, and Qualcomm each have roles to play in AI.
According to the average brokerage recommendation (ABR), one should invest in TSMC (TSM). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
The semiconductor leader is one of the world's most important companies. But does that mean its stock is a buy?
Synovus Trust Senior Portfolio Manager Daniel Morgan joins Yahoo Finance Live to discuss Nvdia's latest earnings report and breaks down how the AI-driven boom is driving the company's future prospects.
Through 10:05 a.m. ET, shares of Microsoft (NASDAQ: MSFT) are up a respectable 2.2%, while semiconductor manufacturing equipment maker ASML (NASDAQ: ASML) is gaining 4.6%, and Taiwan Semiconductor Manufacturing (NYSE: TSM) is leading the pack higher with a 10.1% gain. The precise reasons why these stocks are rising may differ -- but artificial intelligence (AI) lies at the root of each rally. Let's begin with Microsoft.
Yahoo Finance markets contributor Remy Blaire discusses stocks opening on a mixed note and semiconductor stocks movement amid Nvidia earnings.
The stock market appeared likely to open mixed on Thursday, and a large factor for markets was Nvidia (NASDAQ: NVDA). The chipmaker released quarterly results late Wednesday that caused its stock to soar, and shares were up 28% in premarket trading. Record demand for products that will enable businesses to put new artificial intelligence (AI) capabilities to work was a key factor in Nvidia's report.
Recently, Zacks.com users have been paying close attention to TSMC (TSM). This makes it worthwhile to examine what the stock has in store.
These three chip stocks look bleak in the short term, but could this be a buying opportunity for long-term investors?
The move made sense: TSMC is the global leader in the business of manufacturing advanced chips. For customers like Apple that need hundreds of millions of cutting-edge chips each year, there is no viable alternative to TSMC right now. Just a few months after betting billions on TSMC, Buffett turned around and sold the bulk of Berkshire's holdings.
Taiwan Semiconductor Manufacturing (NYSE: TSM) is the world's largest and most advanced contract chipmaker, and its top clients include Apple, Advanced Micro Devices, and Qualcomm. The Taiwan-based chipmaker also remains ahead of its closest competitors -- Intel and Samsung -- in the ongoing "process race" to produce smaller, denser, and more power-efficient chips.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. has reopened a lead over internet giant Tencent Holdings Ltd. as Asia’s biggest company by market value, helped by a resumed rally in chip stocks.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersMessi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar MakeoverShares of TSMC have gained about 6% so
TSMC (TSM) closed at $92.58 in the latest trading session, marking a -0.08% move from the prior day.
Seeking lucrative long-term growth with some serious market momentum? Check out this duo of soaring tech titans with strong potential for sustained gains.
Retiring a millionaire is a goal for many investors, because it is a threshold many feel is necessary to retire comfortably. When assessing a company's growth potential, it's essential to consider the future operating environment and if the company could be disrupted. CrowdStrike (NASDAQ: CRWD) operates in the cybersecurity industry, which is slated to grow significantly over the coming years due to bad actors ramping up attacks.
Nvidia (NASDAQ: NVDA) is an easy choice for this list. Nvidia makes some of the world's most powerful GPUs (graphics processing units), which can be used in gaming computers, data centers, and, most importantly, training artificial intelligence (AI) models. This key industry should propel Nvidia's business into the $1 trillion club, but it will need to execute better than it has been.
(Bloomberg) -- Prime Minister Fumio Kishida met with the heads of the world’s largest chipmakers on Thursday in Japan’s latest move to boost its domestic semiconductor sector amid a global rethink of economic security.Executives from Micron Technology Inc. to Taiwan Semiconductor Manufacturing Co. told Kishida they would consider investing further in Japan, depending on the financial incentives offered and customer demand, according to Minister of Economy, Trade and Industry Yasutoshi Nishimura.