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Watch for semiconductor industry reaction today to President Trump's weekend tweets threatened more tariffs on Chinese-made goods if a deal isn't reached. Further US-China talks were already scheduled for this Wednesday and were seen as a potential last step before a deal. More news...
The semiconductor stocks continued melting up last week until Intel threw some cold water on the Dutch tulip bulb price-chasing party. Texas Instruments Incorporated (TXN) reported Tuesday after the close. Revenues declined 5% from the year-earlier quarter. The management stated that demand co...
Samsung ( OTC:SSNNF , OTC:SSNLF ) joins those expressing cautious optimism for an H2 recovery while reporting a Q1 profit miss. The company expects limited improvement for memory chips in Q2. (See also: Texas Instruments, STMicroelectronics ). More news on: Samsung Electronics Co., Ltd., ...
The tech sector (NYSEARCA: XLK ) drops 0.8% and the Philadelphia Semiconductor Index is down 1.6% in what's turned out to be a hard weak for data center players. More news on: Technology Select Sector SPDR ETF, iShares PHLX SOX Semiconductor Sector Index ETF, Micros...
Intel is down nearly 6% in after hours action after cutting its full-year revenue estimate to $69B from $71.5B previously. Street consensus is $71.3B. Full year adjusted EPS is trimmed to $4.35 vs. $4.60 previously and estimates of $4.52. More news on: Micron Technology, Inc....
Watch the chip sector today after Texas Instruments' (NASDAQ: TXN ) CFO Rafael Lizardi reversed post-earnings gains with a warning that the cyclical downturn likely hasn't hit bottom. More news on: Texas Instruments Incorporated, STMicroelectronics N.V., Direxion Daily Semiconductor 3...
The Philadelphia Semiconductor Index +0.2% is in the green for the third straight session after passing a new record following the Apple-Qualcomm settlemen t earlier this week. More news on: iShares PHLX SOX Semiconductor Sector Index ETF, Texas Instruments Incorporated, Direx...
The Philadelphia Semiconductor Index jumps 2.6% to a new record high after Apple and Qualcomm settle all litigation around the world. More news on: Teradyne, Inc., Qorvo, Inc., MKS Instruments, Inc., Tech stocks news, Stocks on the move, News on ETFs Read more ...
The Philadelphia Semiconductor Index dips 0.3% compared to the 0.2% gain for the tech sector (NYSEARCA: XLK ) after Credit Suisse downgrades semis from Overweight to Benchmark while staying Overweight on global tech stocks. More news on: Technology Select Sector SPD...
The Philadelphia Semiconductor Index jumps as much as 3% today to a record high on rising hopes of a US-China trade deal and bullish reports on AMD , Intel , and TSMC . More news on: Technology Select Sector SPDR ETF, Direxion Daily Semiconductor 3x Bull Shares ETF, iShares ...
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State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced plans to close and liquidate the SPDR S&P ® Technology Hardware ETF (XTH) and the SPDR S&P 500 Buyback ETF (SPYB) based on an ongoing review of the SPDR ETF offe...