Previous close | 1.0800 |
Open | 0.9800 |
Bid | 0.8700 |
Ask | 0.9600 |
Strike | 110.00 |
Expiry date | 2024-07-19 |
Day's range | 0.9300 - 0.9800 |
Contract range | N/A |
Volume | |
Open interest | 2.44k |
Intel beat estimates on earnings but lagged the same on revenues. It provided a dismal second-quarter revenue guidance, underscoring concerns over the company's growth prospects.
The $6.1 billion in grants to Micron (MU) is likely to facilitate the construction of cutting-edge memory fabs in Idaho and New York, paving the way for a resurgence of semiconductor production on American soil.
Despite nearly $28 billion in subsidies flowing to chip companies, AI remains the industry’s kingmaker.