#AI chip stocks
7 articles with this tag
ARM and Chip Stocks Pull Back on Tariff Fears as ServiceNow, Amazon Lead AI Software Surge
ServiceNow crossed $1 billion in AI annual contract value as enterprise software names surged Friday, while the SOXX index dropped 3.2% on semiconductor tariff expansion fears. ARM fell 6.3%, ACMR plunged 7.5%, and NVDA slid 4.6% as the chip complex bore the brunt of the sell-off.
Applied Materials and ACM Research lead chip equipment rally on AI demand, SOXX +1.6pct
Chip equipment names dominated Monday as Applied Materials posted record Q3 revenue of $9.12 billion, ACMR surged 6.49pct and Teradyne rose 5.81pct. SOXX climbed 1.58pct while the S&P 500 slipped 0.52pct in a decisive rotation from AI software into AI hardware.
AMD drops 7% on Q2 sell-the-news reaction, NVIDIA gains 3.4% for its fourth straight session
Advanced Micro Devices fell 7% on Wednesday despite beating second-quarter estimates, while NVIDIA Corp. surged 3.4% for its fourth consecutive session, splitting the AI chip sector. SOXX slid 2.1%, the Nasdaq fell 0.8%, and the S&P 500 dipped 0.2%.
CoreWeave and Oracle power AI infrastructure surge as hyperscalers sweep Monday rally
CoreWeave surged 19.5% on Monday as lenders restructured its $8.5 billion debt facility and Truist upgraded the AI cloud provider to Buy. Oracle jumped 9.2% on full-year cloud momentum while the Nasdaq gained 2.1% to 25,913 as easing geopolitical tensions drove one of the strongest sessions in weeks for AI stocks.
Micron and Applied Materials lead AI chip rout on Fed rate hold, SOXX -5.4%
AI chip stocks cratered Wednesday as the Federal Reserve held rates but signaled rising inflation risk, sending SOXX down 5.4% and the Nasdaq into correction territory. Enterprise SaaS names including Datadog (+5.3%) and ServiceNow (+4.7%) diverged sharply to the upside.
Intel and Dell power AI chip rally on Apple chip talks and record server orders, SOXX +5.7%
Intel surged 14% on Apple chip manufacturing talks while Dell jumped 13% on a record $43 billion AI server backlog. Cloudflare tumbled 24% despite an earnings beat as the company cut 20% of its workforce due to AI. SOXX gained 5.67%.
