INTC, AMD, AVGO: Chip Stocks Lead Slide As Tech Gets Hammered Amid Renewed U.S.-Iran Tensions
Oil shock has put the AI trade under a fresh macro test.
Every headline mentioning Intel from CNBC, Investing.com and Yahoo Finance over the last 30 days, each scored for sentiment and importance. Updated automatically through the trading day.
Oil shock has put the AI trade under a fresh macro test.
Every weekday, the Investing Club releases the Homestretch, an actionable afternoon update just in time for the last hour of trading.
Here are some of the companies making headlines in midday trading.
Investor fears about an AI spending slowdown and the impact of interest-rate hikes are subsiding.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
A report says Intel is in early talks with SK Hynix, which is considering some sort of partnership that would enable it to make memory chips in the U.S.
Intel could hit as much as $200 per share in two years as it continues to strike lucrative deals with top chipmakers, per Melius Research.
The deal could be a big win for Intel which has been looking to gain marquee customers for its manufacturing, or foundry, business.
Shares of Qualcom, Corning, Intel, Advanced Micro Devices and others tied to the AI infrastructure trade popped on Tuesday.
The chip maker is reportedly set to further lift prices on its PC chips as costs rise across the supply chain.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Lennar Corp (Symbol: LEN), where a total of 15,639 contracts have traded so far, representing approximately 1.6 million underlying…