Inside TSMC, the Taiwanese chipmaking giant that’s building a new plant in Phoenix

As the world grapples with an ongoing chip shortage, a quiet giant among chipmakers has committed to investing $100 billion over three years to ramp up production. Taiwan Semiconductor Manufacturing Company may not be a household name, but with a market value of over $550 billion, it’s one of the world’s 10 most valuable companies. … Read more

Chip machine maker ASML will grow into a $500 billion business next year, tech investors predict

ASML Holding Semiconductor company logo seen displayed on smart phone. ASML is a Dutch company and currently the largest supplier in the world of photolithography systems for the semiconductor industry. ( SOPA Images | LightRocket | Getty Images LONDON – ASML, a Dutch firm that makes high-tech machines used in semiconductor manufacturing, will see its … Read more

This concentrated mutual fund is crushing the market this year. Here’s how it picks stocks

Tourists are lined up for taking photos by the Charging Bull Statue in the financial district of New York City, United States on August 16, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Scott Weber is not a man who likes to be put into a box.  The Vaughan Nelson portfolio manager has carved … Read more

Nvidia is up 71% so far this year and Jefferies thinks there’s even more to go

A Nvidia logo is seen on the company’s building at an industry park on February 7, 2019 in Tianjin, China. VCG | Visual China Group | Getty Images Nvidia‘s growing data center and software segments should boost returns for the semiconductor company, according to Jefferies, which hiked its price target on the stock. Source link

Nvidia’s $40 billion Arm takeover warrants an in-depth competition probe, UK regulator says

Nvidia headquarters in Santa Clara, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Nvidia’s $40 billion takeover of British chip designer Arm should be subject to an in-depth investigation, the U.K.’s competition regulator said Friday. The Competition and Markets Authority says it has sent a summary of its initial … Read more

Dow futures fall slightly after 30-stock average snaps 5-day winning streak

A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, August 9, 2021. Andrew Kelly | Reuters Dow futures slipped slightly in overnight trading on Tuesday after the 30-stock average snapped a 5-day winning streak in the regular session. Dow futures fell 50 points. S&P 500 futures dipped … Read more

Here are Monday’s biggest analyst calls of the day: Coinbase, Walmart, Chipotle, Zoom, Disney & more

Here are the biggest calls on Wall Street on Source link

The rally in recovery-focused stocks could depend on consumers and the Fed in the week ahead

Investors bid up cyclical stocks in the past week, but the economy will have to prove that the reflation trade — a bet on economic growth — is the way to go as concerns about Covid linger. Markets are deep in the dog days of August. That means the Federal Reserve and key data, particularly … Read more

Stock futures are flat as investors await more jobs data

Traders on the floor of the New York Stock Exchange. Source: NYSE Futures contracts tied to the major U.S. equity indexes were little changed at the start of the overnight session Wednesday evening as Wall Street looked to improve upon a mixed week. Dow futures rose 12 points, while S&P 500 and Nasdaq 100 futures … Read more

Goldman says buy these quality stocks as Fed uncertainty potentially roils markets

Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters The Federal Reserve is moving closer to tapering its massive asset purchases to support the economy, posing a risk to the stock market at record highs. Goldman Sachs said investors should focus on high-quality companies with strong balance sheets until there … Read more