The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.
Goldman Sachs downgrades Advanced Micro Devices (AMD) to Neutral from Buy, lowering their price target to $129 from $175. The ...
Nvidia and chip stocks trading lower as Biden administration considers restricting AI chip exports to China. Taiwan Semi reports strong revenue.
Shares of computer processor maker AMD (NASDAQ:AMD) fell 5.9% in the morning session after Goldman Sachs analyst Toshiya Hari ...
Elsewhere, tech was hurt by a slump in chip stocks as NVIDIA Corporation (NASDAQ: NVDA) and Advanced Micro Devices Inc (NASDAQ: AMD) led the sector to downside, with latter coming under pressure after ...
JPMorgan stock gapped up in October on strong Q3 results. Investors expect a strong Q4 when the company reports Wednesday.
The semiconductor maker has underperformed peers amid a contrast between the haves and the have-nots in the chip sector, the ...
NXP Semiconductors (NASDAQ:NXPI) was upgraded to Buy from Neutral by Goldman Sachs as the financial firm finds it to be one ...