• AMD
• AVGO
• MRVL
• MU
• NVDA
• TSM

Broadcom AI chip demand boosts sector stocks

Broadcom's positive AI chip results boost semiconductor stocks, with notable increases seen in major firms like Marvell, Micron, and Nvidia amid projected growth in AI revenue.

• INTC
• MU
• TSM

US finalizes more than $6.1 billion chips subsidy for Micron Technology

The U.S. Department of Commerce has finalized a $6.1 billion subsidy for Micron Technology to support domestic semiconductor facilities, creating at least 20,000 jobs.

• CL
• GME
• LCO
• ORCL
• TSM

Oracle's results, TSMC, Ashtead's move - what's moving markets

Wall Street is cautious as Oracle disappoints with earnings, while TSMC reports growth. Ashtead plans a US listing, and oil prices stabilize amid Chinese stimulus hopes.

• TSM

TSMC revenue surges 34% in Nov, but slows from prior month

TSMC reports a 34% revenue increase fueled by AI demand but a 12.2% month-over-month decline, raising concerns about sustainability amidst potential future slowdowns.

• INTC
• TSM

TSMC founder critiques Intel's strategy shift

Morris Chang of TSMC critiques Intel's leadership changes, suggesting a focus on AI is needed rather than contract chipmaking amid CEO Pat Gelsinger's resignation.

• AAPL
• INTC
• QCOM
• TSM

Intel should have focused on AI rather than chipmaking, TSMC founder says

Intel should prioritize AI over becoming a foundry, says TSMC founder Morris Chang following Gelsinger's departure as CEO amid strategy struggles.

• AAPL
• AMD
• NVDA
• TSM

TSMC in talks with Nvidia to produce Blackwell AI chips at Arizona plant - report

TSMC is negotiating with Nvidia to produce Blackwell AI chips in Arizona, starting production in early 2024 and expanding domestic semiconductor manufacturing with significant investments and subsidies.

• AAPL
• AMD
• NVDA
• TSM

Exclusive-TSMC in talks with Nvidia for AI chip production in Arizona, sources say​

TSMC is in talks with Nvidia to produce Blackwell AI chips in Arizona, while packaging will remain in Taiwan. TSMC's Arizona facility aims to begin production next year.

• 005930
• MCHP
• TSM

Microchip Tech halts application for $162 mln CHIPS grant- Bloomberg

Microchip Technology pauses its CHIPS Act funding application after cutting its revenue forecast and announcing an Arizona factory closure, affecting 500 jobs amid inventory challenges.

• AMZN
• JPM
• NVDA
• TSLA
• TSM
• V
• WMT

Tesla leads November's global market value surge