INTEL CORP
Nvidia shares plummet 10% in after-hours trade as investors consider a future without Huang
Nvidia Corp's stock faced a sharp decline following troubling reports about CEO Jensen Huang's personal affairs. With fears of his potential departure looming, investors reacted with caution, prompting multiple financial firms to downgrade Nvidia's ratings and adjust their price projections downwards. Analysts worry that such leadership turmoil could disrupt Nvidia's strategic direction, especially in the rapidly evolving AI sector.
AI slump revives Asia’s forgotten trades from China to India
Global investors are rethinking their Asia bets as the AI trade loses momentum following the US midterm elections. India and China are emerging as potential beneficiaries of the shift, with funds rotating towards undervalued stocks, domestic growth, healthcare, consumer companies and financials. India's limited AI exposure, easing oil prices and renewed foreign inflows are strengthening its appeal.
Nomura silences AI doubters, says Kospi can hit 10,000 mark to double as fundamentals are intact
South Korea's Kospi plunged to a nine-month low amid fears that US political shifts could slow AI infrastructure spending and hurt chip demand. However, Nomura remains bullish, projecting a potential recovery towards 10,000, with a near-term target of 7,500–8,000.
AI selloff hits India too: TD Power, HFCL, Sterlite, other power capex-linked stocks crash up to 15%
Indian power capex and AI-linked stocks tumbled as a global technology sell-off spread across markets, with TD Power and Thermax plunging 15% each. Concerns that US midterm election results could slow data centre expansion and AI infrastructure spending triggered sharp losses across Asian technology stocks and domestic market-linked companies.
US stock futures rise after midterms: Why are Dow Jones futures up nearly 800 points despite a Democratic sweep? S&P 500, Nasdaq gain as AMD and Nvidia stocks climb
Why are US stock futures rising after Democrats win the Senate and House? Dow leads Wall Street rally as AMD, Nvidia and semiconductor stocks gain. Earlier, at 06:02 ET, Dow futures were up 801 points, or 1.6%. S&P 500 futures were up 80 points, or 1.1%, and Nasdaq 100 futures were up 286 points, or 1.0%.
Elon Musk’s SpaceX loses $400 billion in market value in weeks: What’s driving SPCX stock down?
SpaceX market value crash: SpaceX has lost more than $400 billion in market value since October 6, with shares falling below $2 trillion in valuation. The sell-off follows the expiration of a major share lockup and comes amid concerns over Intel’s weak forecast, Starlink scrutiny and potential regulatory hurdles for a reported SpaceX-Tesla merger.
- Go To Page 1
Global Market Today: Asian stocks slide as tech earnings disappoint, AI fears mount
The Kospi Index in South Korea — a key barometer of the AI trade — fell over 3% with chip heavyweights Samsung Electronics Co. and SK Hynix Inc. declining. That dragged the MSCI Asia Pacific Index down 0.3%.
Global Market Today: Wall Street gains lift Asian stocks as Fed decision looms
Gauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge rise 0.6%. Equity-index futures for US stocks also climbed in early trading.
E-bike startup Ultraviolette targets 10,000 monthly sales by 2027-end
E-scooters account for close to 20% of new scooter sales in India, while electric motorcycles make up less than 1% of new motorcycle sales, he added. He expects electric motorcycle adoption to pick up as more manufacturers introduce products, similar to the increase seen in e-scooter penetration over the past three years.
Nvidia soars near $6 trillion market cap with stock back at high
Nvidia has witnessed a remarkable surge in its stock price, propelled by a promising revenue forecast and a robust buyback initiative. The company’s shares have soared by 28% in 2026, contributing nearly $1.2 trillion to its market capitalisation. Amidst rising interest rates and economic volatility, investors are increasingly turning to Nvidia, positioning it as a cornerstone of the S&P 500 Index's success this year.
Chip startup Efficient Computer raises $100 million at $650 million valuation
Data-flow chips have bounced around academic literature for decades without commercial traction, largely because they are difficult for software developers to program for the wide variety of tasks that can be handled by chips from Intel or Nvidia.
SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
Chipmaker SK Hynix's Solidigm is exploring a monumental initial public offering potentially worth $150 billion, aiming to secure approximately $15 billion. Currently in the early phases of planning, Solidigm specializes in NAND flash memory and solid-state drives, vital for AI technologies. This IPO has the potential to become one of the largest in semiconductor history in the U.S., alongside considerations for a new manufacturing facility in upstate New York.
SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion: Report
Solidigm held pitch meetings this week with investment banks competing for roles on the IPO, in a process known as a "bake-off," one of the people and a fourth person said, marking a concrete step toward what could become the largest-ever US semiconductor listing.
Nvidia's stock is flashing a warning sign as valuation drops
Nvidia Corp's stock currently trades at less than 17 times its projected profit for the upcoming year, marking a notable decline from earlier values seen in 2025 and mid-2023. Despite solid fundamentals, investor confidence is wavering on the sustainability of the company's earnings. The stock's performance follows a rally in semiconductor shares amid concerns over AI models, highlighted by encouraging signals regarding chip demand from new AI advancements.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian equities gained on Monday as cooling oil prices and positive global cues lifted sentiment. Sensex rose 564 points to 74,859, while Nifty gained 68 points to 23,414. Market capitalisation increased nearly Rs 2 lakh crore, despite mixed market breadth.
Global Market Today: Asian stocks edge lower on AI concerns, oil gains
MSCI’s Asia Pacific equities gauge slipped 0.1%, with benchmarks in Japan and South Korea edging lower. The move followed a retreat on Wall Street on Monday, where the Philadelphia Semiconductor Index tumbled 5.9% — its biggest drop in more than two months — with Nvidia Corp. and Intel Corp. among the decliners.
SoftBank shares slide 13% after AI chiefs sound alarm on safety
The company plans a ¥1 trillion ($6.5 billion) retail bond issue and a $10 billion loan linked to OpenAI shares as it finances deals such as the acquisitions of ABB Robotics and DigitalBridge. SoftBank’s also floated plans to build data centers around the world.
Trump administration in talks to take a 10% stake in Intel
The Trump administration is reportedly considering acquiring a 10% stake in Intel Corp, potentially making the US government its largest shareholder. This move involves converting some or all of Intel's $10.9 billion in Chips Act grants into equity. Discussions are ongoing, and the exact size of the stake remains subject to change, impacting Intel's stock performance.
Intel doesn’t need a takeover, it needs a turnaround
Aside from the simple question of how Qualcomm would actually pay for it, there are other huge hurdles, particularly concerning regulatory approval. The merger of two huge US chip companies with a combined market value of $283 billion isn’t something that will be allowed to happen quickly — if at all.
Intel scraps $5.4 billion Tower deal after China review delay
Intel, which had decided to buy Tower last year, will pay a termination fee of $353 million to the latter, the company said in a statement.
Intel gives details on future AI chips as it shifts strategy
Intel said its forthcoming “Falcon Shores” chip will have 288 gigabytes of memory and support 8-bit floating point computation.
Intel's 'historic collapse' set to erase $10 billion from market value
The company predicted a surprise loss for the first quarter and its revenue forecast was $3 billion below estimates as it also struggled with slowing growth in the data center business.
Intel splits graphic chips unit into two
The consumer graphics unit will be combined with Intel's client computing group, which makes chips for personal computers, while accelerated computing teams will join its data center and artificial intelligence business.
Intel says it has no current plans to start manufacturing in India
The comments came after India's transport minister said earlier in the day that the chipmaker will set up a semiconductor manufacturing plant in the country.
Intel probing reports of quarterly earnings hack
Earlier on Thursday, the Financial Times had cited Intel's chief financial officer as saying financially sensitive information was stolen by a hacker from its corporate website.
Intel Corp.'s ‘stunning failure’ heralds end of era for United States chip sector
After Chief Executive Officer Bob Swan said Intel is considering outsourcing, the company’s shares slumped 16% on Friday, the most since March, when the stock market plummeted in the early days of the Covid-19 pandemic. “We view the roadmap missteps to be a stunning failure for a company once known for flawless execution” said Chris Caso, an analyst.
CCI finds no violation of fair trade norms by Intel
CCI ruled that global chip maker Intel Corp did not abuse its dominant position in the microprocessors market, bringing an end to the almost three-year old case.
Intel OK's $10 billion more of stock buybacks
Chip maker Intel Corp said on Monday its board increased its stock buyback authorization by $10 billion less than a week after reporting strong quarterly results.
Intel picks up stake in Bangalore firm Omnesys Tech
Intel Corp's investment arm picked up a minority stake in Omnesys, which offers equity trading software and order-management systems.
Load More
