Shares of Super Micro Computer Inc. SMCI fell sharply on Monday after Taiwanese authorities reportedly raided the company’s offices.The raids were part of an expanding investigation into the alleged smuggling of Nvidia artificial intelligence chips into China through Super Micro servers.The stock dropped more than 9% during afternoon trading before…
US stocks ended sharply higher on Monday, with the Dow Jones Industrial Average closing above the 52,000 mark for…
Asia’s record-breaking quarter ended with less of a victory lap than a test of conviction. Chip-heavy markets in Japan,…
Global energy stocks have pulled back in the past few days as crude oil and natural gas prices slumped,…
Nvidia, AMD, and Micron still dominate the AI stock conversation, but one much smaller semiconductor name has quietly stolen…
The FIFA World Cup has entered its third week, with packed stadiums, soaring television audiences, and fans closely following…
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of…
South Korea’s Kospi Composite Index slipped by nearly 2% on Monday morning, driven by the sell-off in SK Hynix…
Samsung Electronics and SK Hynix fell on Monday even as South Korea prepared to unveil one of the biggest…