Opinion: This record number in Nvidia earnings is a scary sight

Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a questionable holiday season. Nvidia reported fiscal third-quarter revenue that was slightly better than analysts’ reduced expectations Wednesday, but the numbers weren’t … Read more

Chinese takeover of biggest UK chip plant blocked by government

The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images The U.K. government has blocked the takeover of the country’s largest microchip factory by a Chinese-owned firm over concerns it may undermine national security. Grant Shapps, … Read more

Stock market rally will be put to test in week ahead, after yields fall and tech surges

The stock market’s rally after October’s inflation report will be tested in the week ahead, as investors watch some major retailers’ earnings and a flurry of Federal Reserve speakers. But the main event is the market itself and whether it can turn a supercharged move higher into a more lasting rally that lifts stocks even … Read more

This bear market is getting long in the tooth — here’s what is changing

Something’s happening. You can feel it. The down days, as painful as they are, seem more muted. The up days show a dearth of supply. Most important: When we get through earnings, we will have plenty of companies buying back shares and, more than ever, it might matter. If there is not much “above,” meaning … Read more

Chinese chip stocks tumble after U.S. calls for new curbs on high-end tech

A worker at a chips factory in Chongqing, China, on March 30, 2022. Future Publishing | Future Publishing | Getty Images The U.S. said it would grant a temporary license from Oct. 21 through to April next year to allow businesses to manufacture some of the high-tech products in China for use outside the country. … Read more

AMD shares fall more than 7% on weak outlook

Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019. David Paul Morris | Bloomberg | Getty Images AMD shares were down more than 7% on Friday … Read more

‘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

Chinese EV maker Xpeng launches rival to Tesla’s Full Self Driving system

Xpeng launched a feature that allows its cars to semi-autonomously navigate urban environments, marking its latest challenge to U.S. electric vehicle giant Tesla. The Chinese start-up announced Monday that it was piloting a feature known as City NGP, which stands for navigation guided pilot. Xpeng claims that City NGP will allow the vehicle to perform a … Read more

Take risks for higher returns and names stocks

U.S. stocks saw a sharp sell-off on Tuesday as investors assessed the implications of a hotter-than-expected August inflation report. Market watchers are now bracing themselves for a 75 basis point hike at the Federal Reserve meeting next week, with Nomura having a more bearish view of a full percentage point hike. Billionaire investor Kevin O’Leary … Read more