Nvidia stock (NASDAQ: NVDA) remained in focus on Monday after a SemiAnalysis report revealed that its next-generation Kyber NVL144 rack-scale architecture has reportedly been delayed by more than 12 months. The research firm said that the product is now expected to launch in 2028 instead of its previously anticipated 2027 timeline. SemiAnalysis shared the update… Continue reading Nvidia stock in focus as next AI super-rack faces manufacturing snag
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AI rally faces reality check as Asian stocks slip before Samsung earnings
Asian markets started the week with a more careful tone as investors moved from macro relief to earnings scrutiny. Lower oil prices have eased one of the biggest inflation worries, while softer US payrolls have reduced the pressure for an immediate Federal Reserve rate hike. That should normally help risk assets. Instead, traders are asking… Continue reading AI rally faces reality check as Asian stocks slip before Samsung earnings
TSMC stock eyes 52-week high: here’s why Citi hiked its target by 32%
TSMC stock is hovering near its 52-week high as analysts grow more confident that the world’s most important contract chipmaker still has room to run. Taiwan-listed shares recently traded around NT$2,445-NT$2,465, close to their 52-week high of NT$2,535. The latest push comes after Citi Research raised its price target to NT$3,800 from NT$2,875 and reiterated… Continue reading TSMC stock eyes 52-week high: here’s why Citi hiked its target by 32%
Kospi Index slides as foreigners dump ahead of Samsung earnings
The Kospi Index retreated by over 1.5% today, July 6, as foreign investors continued to sell their shares ahead of Samsung Electronics’ preliminary earnings report. It was trading at 7,947, down by 15% from its highest point this year. Foreign investors are selling South Korean stocks There are signs that the Kospi Composite Index has… Continue reading Kospi Index slides as foreigners dump ahead of Samsung earnings
Nikkei 225 on edge as Japanese yen resumes its slide, but a bullish pattern emerges
The Nikkei 225 Index pulled back on Monday as traders focused on the Japanese yen’s weakness and the potential actions from the BoJ. It also fell a bit ahead of crucial macro data from Japan. It was trading at 69,230, a few points below the year-to-date high of 72,750. Japan stocks retreat amid yen weakness… Continue reading Nikkei 225 on edge as Japanese yen resumes its slide, but a bullish pattern emerges
Americans’ revolt against data centers is growing: how it could disrupt the AI trade
The artificial intelligence boom has a people problem, and it is getting worse faster than most investors have noticed. While Wall Street has spent the better part of three years fixating on chip stocks, hyperscaler spending, and the relentless march of AI valuations, a less glamorous drama has been unfolding in suburban town halls, county… Continue reading Americans’ revolt against data centers is growing: how it could disrupt the AI trade
From a dental office basement to a trillion dollars: Is Micron the next Nvidia?
The chip that could make or break Wall Street’s confidence in artificial intelligence no longer lives inside a flashy graphics processor. Increasingly, it sits inside a memory module, and it is made by a company that started life in a Boise, Idaho, dental office basement in 1978. For most of its four-decade existence, Micron Technology… Continue reading From a dental office basement to a trillion dollars: Is Micron the next Nvidia?
US stocks see biggest exit since March: is Wall Street’s rally at risk?
US stock funds saw their biggest weekly exit since March, raising fresh questions about the strength of Wall Street’s rally. Investors pulled $17.2 billion from US stock funds in the week through July 1, according to Bloomberg, citing Bank of America strategists led by Michael Hartnett and EPFR Global data. The move does not signal… Continue reading US stocks see biggest exit since March: is Wall Street’s rally at risk?
Wall Street’s big test: 5 factors investors can’t ignore next week
Wall Street will enter the July 6-10 week with less room for error after a choppy start to the second half. The S&P 500 is still sitting near record territory, but the market is carrying a tricky mix of stretched valuations, a cooling labour market, fragile oil prices and fresh pressure in semiconductor stocks. The… Continue reading Wall Street’s big test: 5 factors investors can’t ignore next week