Chip stocks fall as ASML's weak outlook raises concerns of non-AI chip demand
AI chip giant Nvidia (NVDA.O), which had briefly surpassed Apple as the world's most valuable company the previous day, dropped 4.5%, wiping out about $158 billion from its market cap, widening the gap with Apple's value of $3.56 trillion.
The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.
At $730 per share, ASML stock looks reasonably valued at 27 times forward earnings. However, it could remain under pressure ...
Nvidia stock was rising Wednesday as investors digested the fallout from Tuesday’s chip stocks plunge after the early release ...
Taiwan Semiconductor Manufacturing Company (TSM) leads chip stocks higher after reporting better-than-expected third quarter ...
As the sole maker of the most advanced chip-making machines, ASML’s health is a bellwether of sorts for the semiconductor industry. As such, the 260 billion euro company led by Christophe Fouquet sent ...
ASML Holding's valuation compressed over the past 3 months, making for a more favorable risk-reward profile. Click for a ...
Competition in the artificial intelligence (AI) space continues to intensify. We’ve all seen headlines around this trend, and ...
ASML Holding, the Dutch company that makes the chip-making machines used by the major players in the semiconductor industry, ...
AI chip demand is still strong despite a widespread sell-off in chip stocks Tuesday, Wall Street analysts say.
After a volatile summer, ASML Holding NV investors are hoping that its earnings report will underline the chip equipment ...
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