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Stock futures are edging higher in early trading after tech stocks lifted the Nasdaq to another record high; TSMC (TSM) reported strong July sales on demand for AI chips; Firefly Aerospace (FLY) shares are falling after the space company's stock soared in its trading debut yesterday; Intel (INTC) CEO Lip-Bu Tan said he had the board's support after President Donald Trump called for his resignat...
Artificial intelligence (AI) is reshaping nearly every industry, and the companies powering that transformation are seeing strong growth. As such, this remains a great area to invest in for the long haul.
Chip stocks, including Nvidia and AMD, were among the most actively traded actively as Nasdaq flirts with 17th record close of 2025 as Trump eyes chip tariffs.
President Trump announced 100% tariffs on semis with the exception of companies building in the U.S., which includes TSMC and inherently sent GlobalFoundries Inc. shares up as a U.S. semi. TSM stock remains our top pick, benefiting from strong execution, growing AI/HPC exposure, and bullish technicals, while GlobalFoundries faces fundamental and technical headwinds. GlobalFoundries' smartphone-...
Chip stocks rose on Thursday, the day after President Donald Trump said companies that manufacture in the U.S. or have committed to doing so will be exempt from 100% semiconductor tariffs.
US chip stocks are retaining momentum despite the Trump administration's plans to announce 100% tariffs on imported semiconductors to push tech firms toward domestic manufacturing. The aforementioned plans are part of President Trump's broader repatriation strategy to bolster US industrial capacity.
Taiwan Semiconductor Manufacturing (TSM 4.75%) stock is surging to a new all-time high Thursday. The semiconductor fabrication leader's share price was up 5.3% as of 10:15 a.m.
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