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Today Is All About Chip Stocks—Again
The Wall Street Journal94d agoneutral
Today Is All About Chip Stocks—Again

Look at the most actively traded stocks on the S&P 500 this morning and you'll find some of the past few days' usual suspects: After powering the index to a fresh record Friday, chipmakers are the stocks changing hands the most this morning, extending their breakneck run-up.

Retail Floods Into ‘Silly’ Chipmaker Rally as Moves Get Extreme
Bloomberg94d agobullish
Retail Floods Into ‘Silly’ Chipmaker Rally as Moves Get Extreme

(Bloomberg) -- Retail traders largely sat out a record-setting advance in chip stocks in April. Now they’re diving in just as worries mount that the group’s rally may be losing steam. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan ResponseJudge to Review Musk, SEC Settlement Deal in

Fed’s Eyes Turn to Inflation: Heard on the Street Weekly Recap
The Wall Street Journal94d agoneutral
Fed’s Eyes Turn to Inflation: Heard on the Street Weekly Recap

The U.S. economy added 115,000 jobs in April, the Labor Department said, far exceeding expectations. The unemployment rate stayed unchanged at 4.3%. The jobs report puts the Federal Reserve’s focus squarely on inflation data when it comes to determining its next move on interest rates.

Micron stock sends a strong signal amid chip shortage
TheStreet96d agoneutral
Micron stock sends a strong signal amid chip shortage

Micron Technology stock went parabolic last week, rising 15% in a single session on May 8. Over the last five trading sessions, the chip stock has risen almost 40% and returned 137% year-to-date. Valued at amarket cap of $729 billion, Micron (MU) is among the largest semiconductor companies ...

Fed’s Eyes Turn to Inflation: Heard on the Street Recap
The Wall Street Journal97d agoneutral
Fed’s Eyes Turn to Inflation: Heard on the Street Recap

The U.S. economy added 115,000 jobs in April, the Labor Department said, far exceeding expectations. The unemployment rate stayed unchanged at 4.3%. Intel shares rose 14% after The Wall Street Journal reported that the chip maker struck a preliminary deal to supply chips to Apple.

Sony, Nintendo grapple with memory price surge as AI boom constrains supply
Reuters97d agobullish
Sony, Nintendo grapple with memory price surge as AI boom constrains supply

Nintendo and Sony both flagged the impact from surging memory prices on their games businesses on Friday, as the artificial intelligence boom constrains chip supply and deepens disruptions across the tech sector. "Super Mario" maker Nintendo said that higher component costs, particularly memory, and the impact of tariffs is expected to add roughly 100 billion yen ($638 million) to costs in the current financial year. President Shuntaro Furukawa said the higher component costs, along with factors including exchange rates, were reflected in Nintendo's decision to hike prices of its Switch 2.

Intel CEO Who Won Over Trump and Musk Now Needs a Breakthrough
Bloomberg97d agobullish
Intel CEO Who Won Over Trump and Musk Now Needs a Breakthrough

(Bloomberg) -- After Lip-Bu Tan became chief executive officer of Intel Corp. in March of last year, the struggling company’s shares went nowhere for seven months while the chipmaker was getting trounced in the market for artificial intelligence.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogDOJ Plans Intervention in Trump

Analysts reset Sandisk stock forecast after massive rally
TheStreet98d agobullish
Analysts reset Sandisk stock forecast after massive rally

Shares of Sandisk Corporation (SNDK) have been flying high as investors pile into semiconductor names and memory-related stocks. The stock has surged nearly 100% over the past month and closed at $1,409.98 on May 6, extending a massive rally that has pushed shares up nearly 500% year to date, ...

Heard on the Street: Are Memory Makers Flying Too Close to the Sun?
The Wall Street Journal99d agoneutral
Heard on the Street: Are Memory Makers Flying Too Close to the Sun?

Sandisk and Micron are now generating around 80 cents of gross profit for every dollar of revenue. That compares to a wide range historically, from single digits to around 60 cents on the dollar. That seems unsustainably high for companies in the very expensive business of physically manufacturing chips, but AI demand is changing the game.

AMD forecast sparks AI‑driven rally in US chipmaker stocks
Reuters99d agobullish
AMD forecast sparks AI‑driven rally in US chipmaker stocks

U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices' strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a ‌shift toward CPUs would spur the next leg of spending. AMD jumped nearly 18% in premarket ‌trading and is on track to hit a record high if gains hold in market hours, while rival Intel rose 6%. Chip designer Arm Holdings soared 11%, while Qualcomm gained about 4%.

Memory Makers Are the Hottest Thing in Tech. Are They Making Too Much Money?
The Wall Street Journal99d agoneutral
Memory Makers Are the Hottest Thing in Tech. Are They Making Too Much Money?

Profits have never been a sure thing in the volatile industry. Memory chip makers Micron Technology and Sandisk as well as hard-drive makers Seagate and Western Digital have all produced annual operating losses at least once in just the last three years. Sandisk and Micron are now generating around 80 cents of gross profit for every dollar of revenue.

Apple CEO has stark message for Micron stock investors
TheStreet100d agoneutral
Apple CEO has stark message for Micron stock investors

It’s unusual for Apple (AAPL) to signal anything about its suppliers, but Tim Cook broke from that pattern, a move that has clear implications for Micron Technology (MU) investors. For perspective, Micron has ridden a tidal wave of AI memory demand over the past several quarters, a trend ...