Nvidia Leads AI Chip Gains While Auto and Industrial Semis Falter: Susquehanna

Nvidia Leads AI Chip Gains While Auto and Industrial Semis Falter: Susquehanna

Based on Susquehanna’s third-quarter earnings preview, Nvidia (NVDA, Financials) and other artificial intelligence-oriented semiconductor businesses are anticipated to keep doing well despite difficulties the larger semiconductor industry faces…. Article Source https://finance.yahoo.com/news/nvidia-leads-ai-chip-gains-192337110.html

Mizuho: Clear short cover trade in semis driving Intel rally

According to a report from Mizuho, Intel has experienced a rebound due to significant short-covering in the semiconductor market. This surge follows a period of decline, with Intel’s stock price dropping after facing challenges in the industry. Mizuho noted that this short-covering activity has helped boost Intel’s performance, signaling a positive turn for the company … Read more