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QUALCOMM CHIP SALES
Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerateShares of the company were down more than 4% in extended trading on Wednesday, while Apple shares were flat.
Global Market Today: Asian stocks decline led by tech, oil holds steadyAsian markets saw a dip, led by a pullback in heavyweight chip stocks after a strong rally. US futures remained steady following a volatile...
Global chip stocks surge as blowout Micron results reignite AI rallyGlobal chip stocks experienced a significant rally on Thursday, fueled by Micron Technology's stellar financial results and optimistic outl...
Rupee ends a tad higher as oil slide, foreign inflows lift sentimentThe Indian rupee experienced a slight boost this week, driven by declining oil prices and the prospect of increased foreign investment. Alt...
Qualcomm forecasts $15 billion data center chip sales by 2029, shares soarQualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from previous estimates of $2...
Oil, AI and chips: The new resource race redrawing markets and nationsThe leap to a $5 trillion valuation for Nvidia underscores a dramatic paradigm shift: semiconductors have become the driving force of globa...
Can Nvidia's RTX Spark do for Windows what Apple silicon did for Macs?Nvidia unveils RTX Spark, a chip designed for AI agents, aiming to transform personal computers. This move is compared to Apple Silicon's i...
Ahead of Market: 10 things that will decide stock market action on FridayIndian equities ended largely unchanged as West Asia tensions tempered risk appetite. Broader markets outperformed despite recent correctio...
US stocks today: Nasdaq nosedives as Broadcom revenue miss dents chip stocksThe S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took...
US Stocks: Broadcom set to shed $300 billion in value as AI results fail to impress; shares fall 14%The losses, if sustained, will erase more than $315 billion from the company's market value of about $2.268 trillion, in one of the biggest...
Broadcom set to shed $300 billion in value as AI results fail to impressBroadcom shares dropped significantly after its AI chip business results missed high expectations. This decline affected other chip compani...
US Stock Market on Thursday: S&P 500, Nasdaq, Dow Jones set for volatile trading. Full list of stocks to watch out todayDow Jones, S&P 500, Nasdaq investors in the U.S. Stock Market will look for Broadcom stocks, Micron Technology, Advanced Micro Devices, Mar...
Nvidia CEO to kick off and dominate Computex gathering in TaipeiThe CEO of the $5 trillion chipmaker, who was born in Taiwan's southern city of Tainan, announced plans last week to invest around $150 b...
Nvidia CEO Jensen Huang unveils Computex trade show in Taiwan. What to expect from AI event in Taipei?Jensen Huang, who has rockstar status in Taiwan, is expected to talk about Nvidia's AI chips, software and systems.
Nvidia chip powered Microsoft's first Windows PCs are set to be unveiled, claim reports. All details hereNvidia and Microsoft will unveil the new PCs at the Computex trade show in Taiwan and Microsoft's Build developer conference in San Franc...
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pausesUS stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Bank...
Nvidia's outlook will be a test of its strategy to maintain AI dominanceNvidia anticipates strong earnings but faces new competition in AI chips. Demand is shifting to processors that run AI in real-time, a mark...
Qualcomm shares slide 9% as memory chip shortage hits smartphone marketChip maker Qualcomm anticipates lower revenue and profit. A global memory chip shortage is affecting smartphone sales. This shortage is exp...
Qualcomm chip sales to Chinese smartphone makers fuel strong resultsQualcomm's derived 46% of its revenue in its most recent fiscal year from customers with headquarters in China. Trump has floated second-te...
Qualcomm forecasts post-Apple sales growth; shares riseQualcomm chief financial officer Akash Palkhiwala expects Apple to make up a "low single-digit" percentage of the company's chip sales by t...