Latest posts
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Chip Stocks Rebound and Lift Wall Street — but the Real Verdict Comes Wednesday Night
The Nasdaq rose 0.9% as semiconductor shares bounced 4% and Asian chipmakers rallied on strong Korean and Taiwanese export data. But Alphabet and Tesla report Wednesday, and the market has already pre-positioned for good news.
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The Trillion-Dollar Chip Reset: How Three Announcements Cracked the AI Trade
The Philadelphia Semiconductor Index has dropped more than 20% from its high, wiping out over a trillion dollars in value. Behind the rout: Meta’s plan to sell surplus computing power, SK Hynix’s memory pivot, and a Broadcom forecast that met expectations when the market demanded more.