‘Moore’s Law’s dead,’ Nvidia CEO Jensen Huang says in justifying gaming-card price hike

Nvidia Corp. Chief Executive Jensen Huang on Wednesday said he thinks it’s going to be “a pretty terrific Q4 for Ada,” the company’s next-generation chip architecture unveiled this week, even as critics balk of a price hike during a softening in consumer demand. Nvidia NVDA, +0.65% expects high demand for gaming chips using its next-generation … Read more

Tesla Lost This Crown to Apple. It’s Probably Happy to See It Go.

Text size Tesla was once a heavily shorted stock, with a lot of bears betting on stock price declines. That’s changed recently. Patrick T. Fallon/AFP via Getty Images The market just learned something surprising about Tesla and Apple, two mega-capitalization companies: Data from short-selling analytics firm S3 Partners revealed that the value of Apple (ticker: … Read more

Nvidia stock fall after U.S. moves to restrict its data-center sales in China

Nvidia Corp. shares fell in extended trading Wednesday after the graphics-chip specialist disclosed that the U.S. government is seeking to restrict its data-center business in China. In a filing with the Securities and Exchange Commission, Nvidia NVDA, -2.42% revealed that the U.S. has installed new license requirements for its A100 and forthcoming H100 integrated circuits … Read more

Nvidia, Salesforce, Zoom, Macy’s, and Other Stocks to Watch This Week

Text size Numerous technology and retail companies will report their latest quarterly results this week. Federal Reserve watchers will be tuning into the central bank’s annual confab in Jackson Hole, Wyo., at the end of the week. Zoom Video Communications will be Monday’s earnings highlight, followed by results from Nvidia ,   Advance Auto Parts , … Read more

Nvidia, Salesforce, Zoom, Macy’s, and Other Stocks for Investors to Watch This Week

Text size Numerous technology and retail companies will report their latest quarterly results this week. Federal Reserve watchers will be tuning into the central bank’s annual confab in Jackson Hole, Wyo., at the end of the week. Zoom Video Communications will be Monday’s earnings highlight, followed by results from Nvidia ,   Advance Auto Parts , … Read more

Virgin Galactic Stock Tumbles as Commercial Service Again Delayed

Text size Courtesy Virgin Galactic Shares of Virgin Galactic were tumbling Friday after the space tourism company pushed back the launch of commercial service to the second quarter of 2023. Virgin Galactic (ticker: SPCE) last said it expected to start commercial space-tourism service in the first quarter of next year. That was after pushing back … Read more

AMD Stock Drops After Earnings

Text size AMD shares are down 31% so far this year. Dreamstime Advanced Micro Devices reported better-than- expected earnings results Tuesday afternoon. But the company forecast less revenue than expected for its September quarter, sending the stock lower in after-hours trading. AMD (ticker: AMD) cited deteriorating demand in the overall PC market for its guidance. … Read more

Intel Stock Could Be Worth More Dead Than Alive. Why This Analyst Sees 50% Upside.

Text size Intel was once the most valuable chip maker in the U.S. David Paul Morris/Bloomberg While badly wounded, Intel isn’t dead yet. And at least one analyst thinks there could be considerably more value in the beleaguered chip company’s shares than Wall Street generally believes. Let’s be clear: The situation is bleak. Intel (ticker: … Read more

Boeing Stock Rises as Strike Temporarily Averted, 787 Cleared for Deliveries

Text size The Federal Aviation Administration gave clearance to Boeing to begin deliveries of the 787 Dreamliner after approving the company’s plan to correct production problems with the aircraft. Dreamstime Boeing investors got two bits of good news Monday that was sending the higher. One item was a far bigger deal than the other. The … Read more

Large Fund Sells AMD Stock. It Bought Intel, AT&T and Starbucks.

Text size Dreamstime One of America’s largest public pensions has made big changes in some of its largest investments. In the second quarter, State Teachers Retirement System of Ohio nearly halved an investment in chip maker Advanced Micro Devices (ticker: AMD), and bought more shares of semiconductor rival Intel ( INTC ), telecom firm AT&T … Read more