Tag: AI chips

SpaceX Endorsement Lifts Nvidia Shares as Musk Commits to Its AI Chips

Nvidia shares rose after Elon Musk said SpaceX will use only Nvidia chips to build its AI, offering a high-profile boost amid ongoing valuation debates.

AMD Targets Nvidia’s Data Center Dominance With Helios Rack-Scale System

AMD unveils Helios, a rack-scale system targeting Nvidia's data center dominance, even as its shares slide amid intense AI chip competition.

AMD Earnings Loom as Key Test for Chip Sector and Momentum Stocks Amid Price Divergence

AMD reports earnings Tuesday in a print seen as a bellwether for chips and momentum stocks, as investors weigh strong results against weak price action.

Samsung Second-Quarter Profit Surges as AI Chip Demand Offsets Mobile Weakness

Samsung Electronics reported a sharp jump in second-quarter operating profit as soaring AI memory chip demand offset weakness in its mobile business.

SK Hynix Record Profit Sparks Selloff as Short Sellers Target New U.S. Shares

SK Hynix shares fell despite record profit, triggering a semiconductor selloff across Nvidia, Micron and AMD as short sellers targeted its new U.S. shares.

SK Hynix Posts Record Second-Quarter Profit on AI Chip Demand, Yet Misses Estimates

SK Hynix reported a record second-quarter profit fueled by AI memory chip demand, with revenue more than tripling year over year, though results missed est

South Korea’s KOSPI and Wall Street Tech Grow Increasingly Intertwined as Chip Ties Deepen

South Korea's KOSPI has grown tightly correlated with the Nasdaq 100 as Samsung and SK Hynix ride surging AI memory-chip demand, raising volatility concern

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