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Fallout from the Nvidia scandal may dampen the exuberance around the AI boom
Nvidia CEO Jensen Huang resigned following reports of personal scandals, including extramarital affairs. His departure raised uncertainty in the AI sector and prompted rivals to consider increased competition. Competitors like Advanced Micro Devices and Broadcom saw share price gains on the news.
US stock market stages massive rally today, adds $1.5 trillion: 5 reasons why Dow Jones, S&P 500 and Nasdaq surge as AMD and Tesla jump while Nvidia sinks
US stock market rally today: Wall Street added $1.5 trillion in market value on Monday as technology and semiconductor stocks recovered from last week's sell-off. The Dow Jones jumped more than 1,000 points, the S&P 500 gained 2.17%, and the Nasdaq rose 2.51%. AMD and Tesla led major stock gains, but Nvidia fell nearly 5%
US Stock Market today: S&P 500, Nasdaq, Russell 2000 rise but Dow Jones fall as investors eye midterm elections 2026 results. Check top gaining, worst performing stocks
US Stock Market today: S&P 500, Nasdaq traded well as Wall Street investors are waiting for midterm elections 2026 results.
Apple drops with most of Wall Street, but gains for other Big Tech stocks cushion the blow
The stock market has been shaky recently as technology and artificial-intelligence stocks have swung on worries their prices shot too high in the frenzy around AI. Several of the most influential AI-related stocks held firmer Tuesday, which supported the market, after flipping from gains in the morning to losses in the afternoon a day earlier.
US Stock Market today: Why are S&P 500, Dow Jones, Nasdaq, Russell 2000 down? Latest updates on Wall Street stocks, US Bonds, treasury yields
Wall Street indexes S&P 500, Dow Jones, Nasdaq, Russell 2000 had rough trading day as several stocks fell, weighing on key sectors.
US stocks: Nasdaq ends down as chipmakers fall and bank earnings roll in
In a recent trading session, the Nasdaq index took a hit as chip stocks continued their downward spiral, amid diverging results from major banks like Citigroup and Goldman Sachs. The PHLX chip index faced a substantial decline, sparking fears surrounding competition in this sector. Despite the turbulence, analysts express optimism about future earnings linked to AI-driven innovations.
Global funds, same tech bet? The diversification trap Indian investors may miss
Many Indian investors mistakenly believe they diversify their portfolios by adding foreign countries. However, numerous global indices often revolve around similar technology narratives, particularly in semiconductors. To achieve real diversification, investors must grasp the fundamental earnings drivers. Exploring Europe and Japan can unveil distinct economic pathways, offering a refreshing contrast. A thorough assessment of concentration risks and market dynamics is vital when engaging in international investments.
Broadcom shares jump over 2% after Apple announces $30 billion chip deal
Broadcom shares gained after Apple announced a multi-year chip supply agreement exceeding $30 billion. The deal expands US manufacturing, strengthens Broadcom’s custom silicon business through 2031 and supports Apple’s strategy to build a domestic semiconductor supply chain.
Apple to spend $30 billion in Broadcom chips deal that will see Colorado factory expand
Apple will invest over $30 billion in a new chip supply deal. As part of the deal, Broadcom will spend $1.5 billion to expand a factory in Fort Collins, Colorado. Apple said that the deal, which will result in the production of at least 15 billion chips, is part of its work with US President Donald Trump's administration to source more of its chips from the U.S.
Broadcom, Apple extend chip supply deal through 2031
Broadcom has been a supplying key components to Apple for a very long time, including custom radio frequency chips used in iPhones, Wi-Fi and Bluetooth connectivity chips and other networking semiconductors.
Will Broadcom’s stock overtake Nvidia? Here’s what experts say about the 2025 AI chip race
The competition for leadership in the AI chip market is intensifying, with Broadcom Inc. positioning itself as a formidable challenger to Nvidia Corporation in the years ahead.
Apple is planning to take on Nvidia which could threaten the chipmaker's market share; here's what the iPhone maker is planning to do
Apple is now planning on taking up Nvidia as serious competition, and even though the iPhone makers are not that deep into the chipmaking industry, they are still planning on some steps to counter Nvidia's unprecedented growth in the past couple of years.
Apple nears switch to in-house Bluetooth and WiFi chip for iPhone, smart home: reports
The iPhone maker's in-house chips will be produced by Taiwan Semiconductor Manufacturing Co, the report added. At its annual developer conference in June, Apple said that it plans to use its own server chips to help power artificial intelligence features on its devices.
Apple is working on AI chip with Broadcom
The tech giant is collaborating with Broadcom to develop its first server chip that has been specially designed for artificial intelligence. According to the report Apple's AI chip is internally code-named Baltra and is expected to be ready for mass production by 2026. The company is planning to use N3P, one of Taiwan Semiconductor Manufacturing company's most advanced manufacturing processes.
Caltech ends high-stakes US patent fight with Apple and Broadcom
Pasadena, California-based Caltech sued Apple and Broadcom in 2016, alleging that millions of iPhones, iPads, Apple Watches and other Apple devices using Broadcom chips infringed its wireless-communication patents.
Caltech reaches 'potential settlement' in Apple, Broadcom patent case
Caltech sued Apple and Broadcom in 2016, alleging that millions of iPhones, iPads, Apple Watches and other Apple devices using Broadcom chips infringed its wireless-communication patents
US Supreme Court spurns Apple-Broadcom challenge to Caltech patents
The justices turned away an appeal by Apple and Broadcom of a lower court's ruling affirming a trial judge's decision to prevent the companies from contesting the validity of the patents as they defended against the California Institute of Technology's lawsuit.
Apple inks multi-billion-dollar deal with Broadcom for US-made chips
Under the multi-year deal, Broadcom will develop 5G radio frequency components with Apple that will be designed and built in several US facilities, including Fort Collins, Colorado, where Broadcom has a major factory, Apple said.
Apple to replace key Broadcom chip with in-house design: report
The iPhone maker has been working to limit its reliance on other chipmakers, having moved to its own line of chips for recent models of its Mac computers, replacing those from Intel Corp.
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