Chips

The chip maker blew the AI trade wide open in the spring of 2023. It might need to do it again.

Friday, JPMorgan analyst Bill Peterson upgraded shares of MP Materials to Buy from Hold.

Stocks turned mostly higher on Friday, rebounding from a brutal selloff.

Negative technical factors continue to weigh on markets.

The decline puts pressure on the chip maker to deliver with its earnings report on Wednesday.

An earnings and revenue beat from the chip equipment maker might not have been enough for investors, given the stocks’ rally this year.

Cisco rises sharply after posting better-than-expected quarterly earnings and revenue.

Analyst Joseph Moore says investors haven’t factored a tripling of memory-chip prices into their assessments of the company’s earnings potential.

Nvidia stock is moving ahead of earnings on Nov. 19, amid a debate about potentially stretched valuations for companies linked to the AI boom.

Japanese competitor Kioxia reports a steep drop in profit compared with last year.

Mizuho Securities reiterated an Outperform rating and a $400 price target for the shares.

Cisco reported revenue of $14.9 billion in its latest quarter, exceeding Wall Street estimates.

The chip maker’s quarterly profit and revenue were higher than expected.

Oklo stock climbs after earnings, and Circle Internet tumbles after updating its full-year guidance to reflect higher costs.

CoreWeave, Nebius and peers such as IREN have surged this year on the back of multibillion-dollar contracts to provide AI computing capacity to large technology companies.

The company still needs a few big deals to move toward its ambition of a double-digit share of the AI data-center market.

Nvidia’s earnings will come a week from now and Foxconn emphasized strong sales of AI hardware.

SoftBank dives further into OpenAI, travel stocks face turbulence after shutdown, rate cuts aren’t helping all consumers, and more news to start your day.

AMD said expects to increase operating margin from 24% this year to more than 35% over the next three to five years.

BigBear.ai surges after striking a deal to acquire a generative AI platform, while Nebius falls after missing analysts’ estimates.

SoftBank Group has decided to sell its stake in Nvidia in order to fuel an even bigger bet on OpenAI.

The sale comes in the run up to Nvidia's earnings on Nov. 19

The growth story remains intact. Multiples remain compressed on a historical basis.

Metsera falls sharply after Pfizer agrees to buy the weight-loss drug start-up in a deal that could be worth more than $10 billion.

TSMC reported its slowest pace of monthly sales growth since February 2024.