The recent rally has shown a broadening of the AI trade beyond chipmaking giant Nvidia.
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Chip stocks dropped on Tuesday, pulling back from a massive rally that broadened the artificial intelligence trade beyond Nvidia
and propelled the sector to new highs.
Qualcomm
plummeted 13% and headed for its worst session since 2020. Intel
March saw many chip stocks drop amid concerns over the AI buildout, but their fortunes have reversed in April.
The semiconductor sector was approaching perilous heights, making it susceptible to any fears that the AI trade could lose…
Intel's strong quarter is driving sharp gains in another chipmaker.
Hyperscalers Alphabet, Amazon and Microsoft have been investing heavily in chips to power quantum computing
Qnity is in a great position to keep grabbing market share, not only as chips get smaller but also as the industry shifts more…
Demand for memory, storage and CPUs are bolstering chip makers thanks to the artificial intelligence buildout.
