On Sept. 15, new restrictions barring sales of U.S. components to Chinese tech giant Huawei went into effect. Those rules would have prevented Intel (NASDAQ: INTC), AMD (NASDAQ: AMD), and other American chipmakers from selling any new chips to Huawei.
No one could have predicted how the year would play out when the market plunged in response to the COVID-19 pandemic. After shedding about one-third of its value between mid-February and late March, the major indexes have come roaring back, led by the tech-heavy Nasdaq, which ha
Passive investors, the backbone of the Nasdaq's rally this year, seem to have lost their nerve, pulling massive amounts of cash in recent days from index-tracking technology funds in what many see as an ominous sign for the sector.
Wall Street rallied in a rocky session on Thursday as beaten-down technology shares gained favor after data showing a surge in the sale of new homes revived faith in the economic recovery even as U.S. jobless claims rose unexpectedly.
Wall Street rallied in a rocky session on Thursday as beaten-down technology shares gained favor after data showing a surge in the sale of new homes revived faith in the economic recovery even as U.S. jobless claims rose unexpectedly.
Wall Street rallied on Thursday as beaten-down technology shares gained favor after data showing a surge in the sale of new homes revived faith in the economic recovery even as U.S. jobless claims rose unexpectedly.
Wall Street climbed in choppy trading on Thursday, with investors returning to the perceived safety of technology-related stocks as a surprise rise in weekly jobless claims signaled a slowdown in economic growth.
The Nasdaq led gains on Wall Street on Thursday as investors returned to the perceived safety of technology-related stocks with a surprise rise in weekly jobless claims signaling a slowdown in economic growth.
The Nasdaq led gains on Wall Street on Thursday as investors returned to technology-related stocks, while a surprise rise in weekly jobless claims signaled that more fiscal support would be necessary to avoid another round of mass layoffs and furloughs.
NVIDIA's (NASDAQ: NVDA) proposal to acquire Arm for $40 billion in a combination of stock and cash puts an exclamation point on NVIDIA's recent history of savvy capital allocation.
Britain is assessing the impact of the sale of chip designer Arm to U.S. company Nvidia, including commitments to keep its head office and staff in Cambridge, Eastern England, digital minister Caroline Dinenage said.
Britain is assessing the impact of the sale of chip designer Arm to U.S. company Nvidia, including commitments to keep its head office and staff in Cambridge, Eastern England, digital minister Caroline Dinenage said.
NVIDIA (NASDAQ: NVDA) shares have more than doubled so far in 2020 thanks to strong momentum in the graphics specialist's video gaming and data center businesses, but Micron Technology (NASDAQ: MU) has been witnessing tough times, as there seems to be uncertainty about the memor