GRANOLAS stocks power Europe to record highs, drawing Magnificent 7 comparisons

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024.  Staff | Reuters Over the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on Friday. Earlier this month, Goldman Sachs … Read more

AI and semiconductor stocks surge after Nvidia’s earnings beat

A microchip and the Nvidia logo displayed on a phone screen are seen in this photo taken in Krakow, Poland, on April 10, 2023. Nurphoto | Getty Images Artificial intelligence and semiconductor chip stocks rallied Thursday after U.S. chip design firm Nvidia beat Wall Street’s expectations for fourth-quarter earnings and revenue on Wednesday and projected … Read more

Shares of TSMC, ASML fall ahead of Nvidia’s Q4 earnings report

A laptop keyboard, a binary code reflected and Nvidia logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 2, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of two critical chip firms TSMC and ASML fell ahead of U.S.-based artificial intelligence chip designer Nvidia’s earnings … Read more

Taiwan’s strength in semiconductors could be its ‘Achilles heel,’ economist says

Taiwan should plan to diversify its economy away from semiconductors, given the risk that China might develop the capacity to make its own chips, Paul Cavey, an economist at East Asia Econ, told CNBC. “Politicians really should be discussing more on … diversifying the economy away in terms of trying to encourage more industries to … Read more

ASML blocked from exporting some critical chipmaking tools to China

Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images ASML, which makes machines that are critical to … Read more

Are chip wars starting to bite?

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Taipei Computex expo in Taipei, Taiwan, on Monday, May 29, 2023. I-Hwa Cheng | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

ASML earnings report Q3 2023

Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images Chip equipment firm ASML reported a year-on-year rise … Read more

Canon launches ASML challenge with machine to make most advanced chips

Canon, the Japanese firm well known for its cameras and printers, is ramping up efforts in the semiconductor manufacturing equipment space. Brian Ach | Getty Images Canon, the Japanese firm best known for its printers and cameras, launched a critical tool on Friday it says can help manufacture the most advanced semiconductors around. The latest … Read more

TSMC, ASML, two important chip companies rally after Nvidia’s earnings

Dutch agency ASML and Taiwan’s TSMC, two of the world’s most necessary semiconductor companies, obtained a share worth increase on Thursday after Nvidia’s earnings impressed buyers. Nvidia reported earnings and income that beat market expectations on Wednesday. However its gross sales forecast of about $11 billion for the second quarter — greater than 50% greater … Read more