Among chip companies, these three companies stand out in their ability to dominate their markets. Combined with Big Tech’s AI arms race, their leadership positions will position them for huge profits in 2024. That’s exactly what happened: as of the close on December 26, shares of these companies returned 182%, 123% and 97%. As we … Read more
After underperforming the broader market this quarter, the semiconductor sector could be on the cusp of a resurgence. VanEck Semiconductor ETF NASDAQ: SMH gained only 8.36% in the quarter, underperforming the Invesco QQQ ETF. NASDAQ: QQQwhich grew by almost 14%. However, that could change following Broadcom Inc.’s stellar earnings and prospects. NASDAQ: AVGOone of the … Read more
Analog devices today ADI Analog devices $218.05 +0.88 (+0.41%) (As of 11/29/2024 ET) 52 week range $179.63 ▼ $244.14 Dividend yield 1.69% P/E ratio 66.28 Target price $249.33 Analog devices NASDAQ: ADI the fourth quarter of 2024 did not have a good quarter. However, its results and forecasts are in line with industry forecasts, which … Read more
Restrictions on TSMC on exporting advanced 7nm+ chips destined for China and used in AI projects Washington: The United States ordered Taiwan Semiconductor Manufacturing Co. to halt shipments of advanced chips to Chinese customers, which are often used in artificial intelligence applications, starting Monday, according to a person familiar with the matter. The Commerce Department … Read more