Stocks Rally on Solid US Economic News and Chip Stock Strength

Oct 17, 2024 · US Stock Movers. Chip stocks are climbing today as chip demand concerns receded after Taiwan Semiconductor Manufacturing Co reported a better-than-expected 54% …

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Stocks Rally On Solid US Economic News And Chip Stock Strength

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Oct 17, 2024 · US Stock Movers. Chip stocks are climbing today as chip demand concerns receded after Taiwan Semiconductor Manufacturing Co reported a better-than-expected 54% …

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Stocks Rally On Chip Stock Strength - Nasdaq

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Nov 5, 2024 · GlobalFoundries (GFS) is up more than +9% to lead gainers in the Nasdaq 100 and lead chip stocks higher after reporting Q3 net revenue of $1.74 billion, stronger than the …

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Stocks Rally On Solid US Economic News And Chip Stock Strength

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Oct 17, 2024 · Stocks Rally on Solid US Economic News and Chip Stock Strength. The S&P 500 Index SPY today is up by +0.36%, the Dow Jones Industrials Index DIA is up by +0.27%, and …

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Nvidia Hits Record High As Chip Stocks Rally On TSMC's Rosy AI …

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Oct 17, 2024 · TSMC customer and AI chip frontrunner Nvidia rose almost 4% to a record high of $140.89, before paring gains to trade 2% higher in afternoon trade. Smaller rival AMD gained …

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Stocks Rally On Chip Stock Strength And Chinese Stimulus

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Sep 26, 2024 · US Stock Movers. Chip stocks are rallying today, led by a +15% surge in Micron Technology (MU) after forecasting Q1 revenue of $8.70 billion, stronger than the consensus of …

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Chip Stocks Rally As TSMC Earnings Point To Strong AI Demand

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Oct 17, 2024 · ASML’s warnings sparked a semiconductor sell-off, sinking the SOX index more than 5% on Tuesday. Despite Thursday’s TSMC-led rally, the index remained 3% below its …

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Stocks Rally On Chip Stock Strength — TradingView News

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Nov 5, 2024 · US Stock Movers. GlobalFoundries GFS is up more than +9% to lead gainers in the Nasdaq 100 and lead chip stocks higher after reporting Q3 net revenue of $1.74 billion, …

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Stocks Rally As Economic Concerns Ease And Chip Stocks Climb

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Aug 8, 2024 · Parker-Hannifin is up more than +9% to lead gainers in the S&P 500 after reporting Q4 net sales of $5.19 billion, stronger than the consensus of $5.08 billion.Viatris is up more …

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FAQs about Stocks Rally on Solid US Economic News and Chip Stock Strength Coupon?

Are chip stocks boosting the market?

Stocks today are moderately higher, with the S&P 500 and Dow Jones Industrials posting new record highs. A recovery in chip stocks is boosting the overall market after Taiwan Semiconductor Manufacturing reported a better-than-expected 54% increase in Q3 net income and raised its target for 2024 revenue growth. ...

Why are chip stocks climbing today?

Chip stocks are climbing today as chip demand concerns receded after Taiwan Semiconductor Manufacturing Co reported a better-than-expected 54% increase in Q3 net income and raised its target for 2024 revenue growth. As a result, Nvidia (NVDA), ARM Holdings (ARM), Broadcom (AVGO), and Micron Technology (MU) are up more than +2%. ...

Why did chip stocks rise Thursday?

Chip stocks rose Thursday after the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co. (TSM), reinvigorated Wall Street’s AI enthusiasm with better-than-expected quarterly results and a rosy financial outlook. The PHLX Semiconductor Index (SOX) advanced about 2% on Thursday morning, led by TSMC, up 12%. ...

Will chip stocks outperform software rivals?

History suggests it’s highly likely that chip stocks will outperform their software rivals over the next several months. Photo: AFP via Getty Images It’s a good bet that the semiconductor sector is gearing up for a big rally, based on the “truly unusual” way that it has acted relative to its software rivals over the past several months. ...

Will chip stocks outperform in the first quarter of 2025?

That’s according to the analysis of DataTrek Research co-founder Jessica Rabe, who sees chip stocks having a run of solid outperformance through the first quarter of 2025. Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore. ...

Did TSMC's upbeat forecast boost chipmakers' stocks?

(Reuters) -The Dow Jones Industrial Average advanced on Thursday to its fourth record close in the last five sessions, as stronger-than-expected monthly retail sales indicated a robust U.S. consumer and TSMC's upbeat forecast buoyed chipmakers' stocks. ...