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Tag: NVIDIA

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 25, 2024. REUTERS/Brendan McDermid/File Photo

Wall St rises as Big Tech charges higher

Alphabet jumped 10.8% to a record high after the Google-parent announced its first-ever dividend.

Read More Wall St rises as Big Tech charges higher
A man walks past the Intel logo at its booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo/File Photo

Chipmaker Intel falls as AI competition hurts forecast

The stock has fallen around 30% so far this year as they trail rivals in producing advanced AI chips and components.

Read More Chipmaker Intel falls as AI competition hurts forecast
Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo

China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Chinese universities and research institutes recently obtained high-end Nvidia AI chips through resellers.

Read More China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
A screen displays the Dow Jones Industrial Average after the close of trading for the day on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 20, 2024. REUTERS/Brendan McDermid/file photo

Wall St gains after Friday sell-off, Mideast tensions subside

Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.

Read More Wall St gains after Friday sell-off, Mideast tensions subside
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 5, 2024. REUTERS/Andrew Kelly/File Photo

Wall St gains from megacaps thrust; earnings, Fed comments on tap

Wall Street’s main indexes rose on Wednesday, boosted by megacap growth stocks and as corporate results rolled in.

Read More Wall St gains from megacaps thrust; earnings, Fed comments on tap
Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 4, 2024. REUTERS/Andrew Kelly

Wall St slips after big bank earnings

Wall Street’s main stock indexes as some big banks dipped after reporting dour quarterly results and most megacap growth stocks and chipmakers receded.

Read More Wall St slips after big bank earnings

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