Best Semiconductor News Today

China plans to take the U.S. head-on with efforts to bolster domestic semiconductor industry, and this could bode ill for Nvidia and the likes.

AMD shares have rallied on the company's credentials as a beneficiary of the AI revolution, and, amid the stock surge, CEO Lisa Su liquidated some of her holdings.

Nvidia and AMD have been on a tear in recent sessions on hopes of stellar Q4 earnings reports and Cathie Wood's Ark sold them on their strength.

AI-levered chip makers Nvidia and AMD are set for beat-and-raise quarters despite weak demand trends in most end markets.

According to Needham's analysis, TSMC is expected to absorb excess capacity, rebalancing supply and demand by the end of 2024.

Chip stocks are overvalued due to their 2023 outperformance but a few stand to gain due to "2nd wave of AI," says Barclays.

Nvidia is on track to topple Intel and Samsung as the leader in terms of semiconductor revenue in the current fiscal.

A recent report noted some of China's biggest AI and cloud-computing companies, such as Alibaba, and ByteDance, had placed orders for delivery of AI chips worth more than $5 billion in 2024.

AMD is scheduled to report its Q3 results, and analysts hint at a likely in-line performance but remained cautious about the Q4 outlook.

AMD shares fell in Tuesday's after-hours session after the company reported better-than-expected third-quarter results but guided Q3 roughly in line with the consensus.