Wall Street slips back from its record following the latest weak update on the US economy
NEW YORK (AP) — The U.S. stock market is edging back from its all-time high Friday following the…
South Korea’s Kospi share index falls 6%, as investors dump more AI-related stocks
TOKYO (AP) — World shares were mixed while South Korea’s Kospi stock index dropped 6% Wednesday as doubts…
Semiconductor stocks keep falling as investors go risk-off, Chinese startup releases powerful new AI model
What happened: Semiconductor stocks retreated on Friday. Memory and storage highfliers Micron Technology (MU) and Sandisk (SNDK) stocks…
Forget Hyperscalers: Here Are the AI Gold Rush Winners to Buy Now
Quick Read Nvidia, Micron, Broadcom, and Applied Materials are projected to generate $430 billion in combined free cash…
Sandisk, Western Digital, and others soar as Micron results ‘justify elevated valuations’
What happened: Memory and storage stocks rallied on Thursday. Shares of Sandisk (SNDK) and Western Digital (WDC) gained 21%…
Applied Materials sees quarterly revenue above estimates on sustained AI spending
By Juby Babu May 14 (Reuters) – Applied Materials on Thursday forecast third-quarter revenue and adjusted profit above…
Musk’s staff reaches out to suppliers for Terafab project, Bloomberg News reports
April 15 (Reuters) – Elon Musk’s staff have reached out to chip industry suppliers for his Terafab AI…
Wall Street steadies after its AI-induced sell-off
NEW YORK (AP) — U.S. stocks steadied on Friday after an encouraging update on inflation helped calm a…
Applied Materials projects upbeat quarterly revenue on steady AI chip demand
(Reuters) -Applied Materials, a semiconductor manufacturing equipment supplier, projected stronger-than-expected first-quarter revenue on Thursday, suggesting that demand for…
Applied Materials Suffers Worst Rout Since 2020 on China Woes
A technician works on a computer at the Applied Materials Inc. facility in Santa Clara, California. (Bloomberg) —…
Applied Materials Posted Record Q3 Earnings — Here’s Why the Stock Tanked
Aug 15 – Applied Materials (NASDAQ:AMAT) plunged roughly 15% in premarket trading Friday after the company warned Q4…
Applied Materials Warns Uncertainty Is Slowing Its Business, Especially in China
Cheng Xin / Getty Images Applied Materials shares sank 11% Friday morning even though fiscal third-quarter results topped…