What’s Going On With Key Nvidia Supplier Taiwan Semi Stock Wednesday?
Taiwan Semiconductor Manufacturing Co stock falls after 7.2 magnitude earthquake hits Taiwan, impacting production at leading chipmaker.
Lighting Company Acuity Brands’ Q2 Sales Dip But Profits and Margins Rise
Acuity Brands reported a Q2 net sales decline of 4.0%, but beat EPS expectations. Sales for ABL decreased while ISG saw an increase. Adjusted operating margin and cash flow grew. Stock price has risen 43% in past year. Can be invested in through QCLN and SIMS.
Amazon AWS Launches Deadline Cloud, To Transform Media and Entertainment Content Creation Rendering
Amazon introduces Deadline Cloud, a service for media & entertainment to use AWS cloud for rendering. It simplifies setup, scaling & offers cost management.
Alibaba’s Bold Actions – $4.8B Stock Repurchase and Revolutionary One-Hour Global Delivery Plan
Alibaba Group boosts its share buy-back program to $4.8 billion, marking its boldest move since 2021 to counter stock downturns. The e-commerce giant surpasses its 3% target, repurchasing 524 million shares as it navigates competitive pressures and eyes a robust fiscal future with nearly $92 billion in cash reserves.
Nvidia, Broadcom Lead AI Charge: BofA Analyst Tips AMD, Micron as Emerging Contenders in Explosive Market Growth
BofA Securities analyst Vivek Arya’s top picks were Nvidia Corp (NASDAQ:NVDA) (Buy, price target of $1,100) and Broadcom Inc (NASDAQ:A
China Criticizes US Chip Export Rules Impacting Nvidia And AMD
China opposes the U.S.'s semiconductor export regulations; initiated a $40 billion state fund to bolster its chip sector in response.
Alibaba Cloud’s Livestream Event Draws Millions, Sparks Cloud Computing Price War
Alibaba Cloud, the cloud computing branch of Alibaba Group, captured the attention of over 2.3 million viewers.
Why Is Vislink Stock Shooting Higher Today?
Vislink reported Q4 revenue of $8.1M, up from $7.4M with EPS loss of $(0.99) compared to consensus of $0.00. Gross margin rose to 46%.
Taiwan Semi’s Strategic Japan Move: Forging Academic Ties with Kyushu University Amid Expansion
TSMC is partnering with Kyushu University to address talent shortage in the semiconductor industry. This collaboration will boost TSMC's performance and revenue and aligns with the opening of its Kumamoto plant. TSMC also plans to build factories in Taiwan and Japan to address supply chain challenges. Investors can gain exposure to TSMC through VanEck Semiconductor ETF and Vanguard FTSE Emerging Markets ETF. Stock price is up 47% in the last 12 months.
Microsoft Decouples Teams from Office Globally in Response to Antitrust Concerns: Report
Microsoft reportedly plans to sell Teams separately from Office globally due to antitrust concerns; faces EU investigation into bundling practices with fines up to 10% of global annual turnover.