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Bloomberg19d agobearish
Chip Stock Selloff Deepens in Asia as TSMC Fails to Impress

(Bloomberg) -- A selloff in Asian chip stocks gathered pace, as Taiwan Semiconductor Manufacturing Co.’s strong results failed to clear investors’ lofty expectations, stoking worries over heavy spending and a weaker outlook for profitability. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsCIA Says AI Drones Give Russian Troops Onl

US probes Samsung for alleged infringement of Netlist's memory-chip patents
Reuters20d agobearish
US probes Samsung for alleged infringement of Netlist's memory-chip patents

U.S. trade regulators have launched ‌a probe into ‌Samsung Electronics' memory chips and ​products sold by Google, Nvidia, Broadcom and Super Micro Computer that use ‌them ⁠after a complaint by Netlist alleging infringement ⁠of its patents. California-based Netlist has accused Samsung ​and its ​U.S. ​units of ‌infringing its patents on dynamic random access memory, a type of chip that temporarily stores data ‌for processors ​and is a ​critical ​component in the ‌servers powering the ​AI ​boom, the U.S. International Trade Commission (USITC) said ​on ‌Wednesday.

Oppenheimer has a warning for investors before the fall
TheStreet21d agobearish
Oppenheimer has a warning for investors before the fall

Every good party has one guest who starts eyeing the door while the music is still loud. They are not trying to spoil anything. They have just seen how these nights tend to end. Wall Street has its own version of that guest, and right now the speakers are cranked. The S&P 500 keeps closing at ...

Nvidia revealed missing puzzle piece of its long-term strategy
TheStreet33d agobearish
Nvidia revealed missing puzzle piece of its long-term strategy

Investors seem to be missing or misunderstanding the key details of Nvidia’s long-term strategy. We can see this in the stock's performance. Nvidia (NVDA) stock is up 5.94% year to date at the time of writing, Thursday morning, July 2. Meanwhile, the SPDR S&P 500 index (SPY) is up about 9.36% ...

Super Micro says two Taiwan staff detained in probe involving its AI servers
Reuters34d agobearish
Super Micro says two Taiwan staff detained in probe involving its AI servers

Super Micro said on Wednesday that two workers at its Taiwan unit had been detained pending a court hearing and two others released on bail after being ‌questioned by Taiwanese prosecutors investigating the alleged illegal export of advanced AI servers containing Nvidia chips. The servers ‌are made by Super Micro and contain Nvidia chips, which are subject to U.S. export controls prohibiting export to China. The four workers were among ​six people questioned earlier this week when Taiwan's Keelung District Prosecutors' Office said it had launched a second round of searches in the probe.