To The Moon

Those concerns weighed on the shares of Nvidia Corp., the biggest beneficiary of spending on AI computing. The stock fell 1.65%. Other chipmakers including Micron Technology Inc. and Advanced Micro Devices Inc. also dropped.Server makers Super Micro Computer Inc. and Dell Technologies Inc. fell more than 3%, while software maker Palantir Technologies Inc. dropped 2%.Elsewhere in technology, International Business Machines Corp. and software maker ServiceNow Inc. added to the gloom as their share

Nvidia Corporation slumped 10% last Friday without any negative data points, as the market interpreted AI-related data as negative.TSMC guided to strong 2024 growth rates of over 20% due to AI demand.

Big 6 SelloffFrom its January 2023 lows to its April 2024 peak, Big 6 TECH+ stocks (AAPL, AMZN, GOOGL, META, MSFT, NVDA) advanced 117%. They have since declined 8%. As highlighted in Figure 2, each of

Nvidia’s market-cap losses this week far exceeded rival AMD’s entire market valueNvidia’s market-cap losses this week are greater than AMD’s entire market value.The decline in “Magnificent Seven” stoc

Artificial intelligence has delivered seemingly daily wonders for the past 18 months. For investors, the biggest surprise has been the rise of Nvidia, which has come from humble roots to thoroughly do

Shares of Taiwan Semiconductor Manufacturing are down on Thursday after the world’s largest chip manufacturer beat analysts’ expectations for first-quarter earnings.The problem?

-- A gauge of global chip stocks and AI bellwether Nvidia Corp. have fallen together into a technical correction, showing moderation in the global equity market’s most conspicuous driver over the past year and a half.Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding. Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs. Tesla Asks Investors to Approve Musk’s $56 Billion Pay Again. Bankers Hit With Millions in Breakup Fees for Ditching New Jobs. The Philadelphia Semiconductor Index and Nvidia dropped more than 3% each Wednesday, pushing them down more than 10% from record high levels reached in March.In addition to concerns of the rallies becoming overheated, the sector has been hit by concerns over pushed back Federal Reserve interest rate cuts and China’s weak economy.TSMC’s American depositary receipts are down 6.8% from their March all-time high. The biggest drags on the SOX in its drop into correction have been Advanced Micro Devices Inc. and Intel Corp.

Nvidia stock rises over 2% in morning trading as Evercore ISI initiates Nvidia as outperform.Evercore said Nvidia is an “ecosystem play, not a semiconductor company.”“We think investors underestimate

AMD (NASDAQ:AMD), Arm (NASDAQ:ARM) and Nvidia (NASDAQ:NVDA) were among the semiconductor stocks in focus on Tuesday as Evercore ISI initiated coverage on the sector. Nvidia, AMD, Broadcom (AVGO), Marv