SEMICONDUCTOR CHIPS
Japan's Nikkei rises as tech stocks gain despite Nvidia uncertainty
Japan’s Nikkei rose 0.33%, while the Topix gained 0.59%, driven by strength in technology stocks despite uncertainty surrounding Nvidia’s leadership. Nvidia-linked suppliers Advantest and Ibiden declined sharply, while Tokyo Electron and Kioxia advanced. Overall market sentiment remained positive, with 64% of Prime Market stocks recording gains.
Who could potentially replace Jensen Huang if Nvidia ousts him?
Nvidia's board is reportedly discussing the future of CEO Jensen Huang due to recent controversies surrounding him. Huang has been linked to extramarital affairs, including a connection to an accused Chinese spy. Speculation about potential successors includes internal candidates and family members, highlighting the absence of a clear succession plan. External candidates from other tech firms are also being considered as replacements for Huang.
Global Market Today: Asian stocks mixed as Nvidia turmoil hits AI-linked shares
Nasdaq 100 futures fell over 1% and S&P 500 contracts lost 0.5% after Nvidia tumbled about 10% in late trading. The company’s board is meeting to discuss Huang’s future after he admitted to an affair with a woman US officials reportedly believe is a Chinese spy, according to a person familiar with the matter.
Tata Electronics in talks to raise $2 billion for expansion
The first tranche is likely to be up to $800 million, with initial pricing discussions around SOFR plus 180 basis points. The talks are at an early stage, with the final size, pricing and lender participation yet to be firmed up. The loan could be priced at around 6%, assuming SOFR remains at around 3.9%.
Chipmakers warn AI demand is creating bottlenecks in automotive supply chain
Nexperia says it is heavily oversubscribed as chipmakers redirect capacity towards higher-margin AI data-centre products, creating shortages of mature semiconductors used in vehicles and industrial equipment. Industry executives warn that the AI investment boom is worsening bottlenecks across automotive and industrial supply chains.
Huang in suspense, chips may crack
Huang is a hands-on boss at Nvidia. Although he owns a small amount of the company's stock, replacing him will be difficult. In the new political dispensation, Washington may be forced to take a harder look at its export control regime and make it more watertight. 'Jensanity' offers a good trigger.
- Go To Page 1
Alibaba chip unit T-Head files confidential Hong Kong IPO application
China's Alibaba Group said on Tuesday that its chip unit, T-Head, has confidentially filed a listing application with the Hong Kong Stock Exchange after receiving approval to proceed with a spin-off.
Chinese chipmakers Denglin and Xinde make mixed Hong Kong market debuts
Chinese chipmakers Suzhou Denglin Technology and Jiangsu Xinde Semiconductor Technology made contrasting Hong Kong market debuts after raising a combined HK$2.36 billion through their IPOs. Denglin opened 0.9% below its offer price, while Xinde gained 20.5%. Both companies plan to use most of the proceeds to expand their semiconductor businesses.
Between the chip and the slip: Honeytrap suspicions further sours ties between US and China
Nvidia's CEO Jensen Huang is being investigated for having an alleged affair with a potential Chinese intelligence agent. This individual reportedly sought to gather information about Nvidia's advanced technology. Nvidia's board has launched an independent probe to examine the allegations against Huang. US lawmakers are demanding a briefing on the matter amid heightened concerns over national security.
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%
Nvidia stock crashes 8% after a 'foreign intelligence' probe initiated by AI company into CEO Jensen Huang
Nvidia's announcement of the investigation on Sunday followed Huang's acknowledgment that he had been intimate with a business executive who, according to The New York Times, U.S. intelligence determined was gathering information for China.
French Ardian raises over $1 billion to invest in semiconductor makers
Chips are central to AI advances, with governments increasingly backing homegrown companies to secure sovereign technology. The platform, named Ardian Semiconductor, will invest in companies across the whole chain of making computer chips.
Nvidia controversy stokes export scrutiny risks for South Korean chipmakers
Samsung Electronics and SK hynix could experience greater export compliance challenges due to Nvidia's scrutiny over AI chips. US authorities have not announced new regulations yet, but potential measures might emerge. Chief Executive Jensen Huang's personal matters have spurred investigations into Nvidia's business dealings. A closed-door inquiry is scheduled to review security frameworks and contacts with foreign entities.
Alice in Nvidia CEO's secret world: Jensen Huang's personal affair matters far beyond than what meets the eye
Concerns about national security have emerged regarding Nvidia CEO Jensen Huang and a Chinese businesswoman, Alice Huang. US intelligence suggests Alice may have gathered information for Beijing after forming a close relationship with Jensen. Nvidia's advanced processors play a crucial role in AI and military applications, making them strategically significant in US-China relations. Congressional inquiries are seeking clarity on Nvidia's security protocols regarding foreign espionage risks.
Samsung set to become first South Korean company with $147 billion in cash assets
Samsung Electronics' cash assets are estimated to exceed 200 trillion won with strong demand for AI semiconductors. The company's cash increased significantly from the previous quarter, showcasing financial growth. Investments into chipmaking infrastructure are projected to reach over 100 trillion won this year, indicating continued growth in the sector. Samsung's net profit surged due to heightened demand for memory chips and AI-related products.
TSM stock rallies as Nvidia reportedly turns to TSMC for advanced memory chips - can it challenge Samsung, Micron and SK Hynix?
TSM stock today: TSMC stock climbed more than 6% in early trading Friday after a report said the chipmaker is considering manufacturing advanced 3D DRAM chips at Nvidia's request. The potential move could expand TSMC's role in the AI hardware market as memory shortages increase competition among leading chipmakers.
Chip stocks bounce up to 8% as US stock futures recover after Thursday’s stock market crash - Jefferies says sell-off was ‘reactionary, not a reset’
Chip stocks bounced back before Friday's market open after Thursday's brutal sell-off sent the Philadelphia Semiconductor Index down 12.2%. Nvidia, AMD and Intel recovered, while Aehr Test Systems, Camtek and Cohu also posted strong gains. Jefferies called the sell-off "reactionary, not a fundamental reset."
US stock market today: Dow futures fall 475 points as S&P 500 and Nasdaq futures rebound, Nvidia, Micron and AMD lead chip recovery after $3 trillion AI-driven Wall Street selloff
US stock market futures are mixed today, Friday, Nov. 6, after Thursday’s nearly $3 trillion AI-led selloff, as chip shares attempt a rebound. Dow futures are down 475 points, while S&P 500 futures gain 0.26% to 7,402.50 and Nasdaq futures rise 1.33% to 27,107.75. The Nasdaq plunged 5.52% yesterday; the S&P 500 fell 4.36% and the Dow lost 3.44%.
AI boom turns chip packaging into the next battleground for semiconductors
Billions of dollars are being invested in advanced chip packaging due to the demand for AI chips. This growing need is pushing companies to expand their production capacities significantly. Taiwan's TSMC is at the forefront of packaging technology, yet limitations have spurred alternatives.
Centre planning to use component scheme to feed chip ecosystem
Investment approvals under ECMS may therefore focus on items like precision-manufacturing equipment such as micro-tools, computer numerical control machines, PCB drills and industrial automation equipment, officials said. The sixth tranche of ECMS investment applications will be announced on Friday.
QQQ stock today falls over 5%: Why Nvidia (NVDA), Qualcomm (QCOM), Intel (INTC) and Marvell (MRVL) are dragging down Invesco QQQ Trust
QQQ stock: Invesco QQQ Trust fell more than 5% toward $655 on Thursday as investors sold technology and semiconductor stocks following the US midterm elections. Qualcomm's disappointing chip sales and concerns over AI data center spending added to the pressure, even as QQQ increased its holdings in Nvidia, Apple and Microsoft on Tuesday.
Qualcomm shares slump 9% as weak smartphone chip sales overshadow data-center momentum
Qualcomm's shares dropped significantly in early trading following disappointing smartphone chip sales. The company's largest business segment faced a 26% revenue decline, leading to lower overall chip sales. While Qualcomm's investments in data-center and automotive chips strengthen its growth potential, analysts remain skeptical about immediate earnings. Brokerages have reduced their price targets on Qualcomm's stock after recent results were released.
China's Nexchip Semiconductor, partners plan to boost capital in unit
Nexchip Semiconductor Corp announced that they, along with their partners, are set to invest a hefty 9.1 billion yuan, which is about 1.36 billion dollars, to boost their unit’s capital. Additionally, they’ve got plans to buy back their A-shares, adding to their financial strategy and strengthening their market position.
AI boom draws chip supply from other end-markets, Siltronic CEO says
Siltronic, which makes silicon wafers used in semiconductors, raised its annual sales forecast for the second time this year on Wednesday, citing stronger demand for its wafers.
AMD forecasts quarterly revenue above estimates as data-center growth accelerates
The company, which nearly doubled its data-center revenue in the third quarter, is benefiting as a shift in AI workloads toward running models in real-world applications drives demand for its graphics processing units and central processors. This has enabled AMD to capture market share from rival Intel, which last week forecast quarterly revenue well below estimates and triggered a global selloff in chip stocks.
AMD forecasts fourth-quarter revenue above estimates on strong AI chip demand
Advanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Although the company's forecast for adjusted gross margin stands at 55%, it falls slightly short of analyst expectations. A remarkable 97% year-on-year increase in data-centre revenue showcases AMD's growth. However, the company currently faces challenges in sourcing high-bandwidth memory, essential for its AI processors.
Nexperia sues Wingtech and its founder, demanding compensation for damages
"The proceedings seek to hold the defendants accountable for actions that Nexperia believes have caused significant harm to the company and its business. Nexperia is seeking compensation for the resulting damages," the company said in a statement.
South Korea's Lee vows to make bold AI investment in record budget push
His administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion) aiming to strengthen South Korea's technological edge as global competition over AI intensifies.
India aims to be globally competitive semiconductor powerhouse by 2047: MoD
India is working towards becoming a globally competitive semiconductor powerhouse by 2047 and focuses on next-generation technologies. The Defence Research and Development Organisation participated in the Emerging Science, Technology and Innovation Conclave 2026 themed 'Creative Minds, Catalysing Science, Empowering Society'.
Load More
