TSMC Tempers Capex Outlook to $32 Billion as Chip Demand Weakens
Taiwan Semiconductor Manufacturing Co. tempered its outlook for 2023 capital spending, as the main chipmaker to Apple Inc.
1970-01-01 08:00
Apple Set for Record High Ahead of Mixed-Reality Headset Launch
Apple Inc. is on pace to close at a record high ahead of its most significant product launch
1970-01-01 08:00
The Big China Play That Fueled Luxury Stocks Is Now Fizzling Out
A Big Tech-like rush into luxury stocks is fast falling out of favor. China got the credit for
1970-01-01 08:00
Long-Time Nvidia Investor Trims Holdings as AI Rally Overheats
One of Nvidia Corp.’s long-term investors is trimming bets on the stock, saying the frenzy around artificial intelligence
1970-01-01 08:00
ESG Fund Manager Beats 99% of Peers With Giant Bet on Nvidia
The ESG fund with the biggest exposure to Nvidia Corp. has just beaten 99% of its peers, as
1970-01-01 08:00
Broadcom Suffers Sales Slowdown, Even as It Points to AI Gains
Broadcom Inc., one of the world’s biggest chipmakers, said that artificial intelligence spending is helping fuel sales, but
1970-01-01 08:00
Tesla Is Still an Auto Stock Despite the AI Hype, Analyst Says
A long-time Tesla Inc. bull poured water on investors’ hopes that the electric-vehicle maker’s shares can get a
1970-01-01 08:00
ChatGPT to Fuel $1.3 Trillion AI Market by 2032, New Report Says
The release of consumer-focused artificial intelligence tools such as ChatGPT and Google’s Bard is set to fuel a
1970-01-01 08:00
AI Boom Gets Fresh Gut Check as Nvidia Drops Most Since January
Investors riding the rapid ascent of the artificial intelligence theme are experiencing a hiccup as shares of Nvidia
1970-01-01 08:00
C3.ai Tumbles on Underwhelming Sales Outlook After Rallying on AI Hype
C3.ai Inc. plunged 20% in extended trading after providing a fiscal-year revenue outlook that fell short of analysts’
1970-01-01 08:00
Asia to Echo Wall Street Drop; Dollar, USTs Rise: Markets Wrap
Asian stock futures fell after Wall Street closed lower as investors looked beyond the debt ceiling to instead
1970-01-01 08:00
Nvidia’s CEO Plans Trip to Meet China Executives Despite US Curbs
Nvidia Corp. Chief Executive Officer Jensen Huang is heading to China to meet with tech executives in the
1970-01-01 08:00