President Donald Trump has announced that semiconductors and chips imported into the United States will be hit with specific tariffs, adding that the tariff percentages for the products will be announced within the week.
Read More Trump Unveils New Tariffs On Foreign Electronics, Boosting U.S. Chip Industry
Investors used to Nvidia’s blockbuster results will be expecting even more from the artificial intelligence chip giant.
Read More Nvidia Q2 sales likely to double, even a slight miss may hurt shares
Broadcom surged about 15% as its upbeat annual forecast highlighted insatiable demand for chips used in powering AI-focused technology.
Read More Broadcom soars as demand for AI chips powers forecast raise
Google revealed the details of a new version of its data center artificial intelligence chips and announced an Arm-based , based central processor.
Read More Google unveils Arm-based data center processor, new AI chip