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Chip stocks fall on ASML forecast cut, potential US AI chip export cap
(Reuters) -Semiconductor stocks in the United States and Asia fell after chip equipment maker ASML cut its annual sales forecast over weak non-AI chip demand while a report said the Biden administration was considering capping sales of advanced artificial intelligence processors to some countries.
Nvidia and ASML Could Extend Losses Today Amid AI Chip Export Uncertainty
Chip stocks may see continued pressure in today’s session as AI chip export restrictions and weak non-AI demand weigh on Nvidia, Broadcom, and ASML.
Global chip stocks fall on ASML's disappointing outlook, possible U.S. export cap
Global semiconductor stocks dropped, after ASML's third-quarter results pointed to a weaker 2025 sales outlook than the Dutch firm guided previously.
Asian chip stocks fall on ASML's disappointing forecast, possible U.S. export cap
Shares of Japanese semiconductor manufacturing firm Tokyo Electron logged the biggest loses, dropping nearly 10%.
8d
When Will AI Take Over the World? We Asked ChatGPT
Almost half of Americans fear artificial intelligence poses a threat to humans, so Newsweek asked what it has planned for us.
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Breakingviews: ASML’s weakness flags limits of the AI boom
As the sole maker of the most advanced chip-making machines, ASML’s health is a bellwether of sorts for the semiconductor industry. As such, the 260 billion euro company led by Christophe Fouquet sent ...
4d
AI Is About to Change the PC Market: 2 Stocks to Buy Now
The market for artificial intelligence (AI) is in high demand in the enterprise arena, but AI has yet to boost the consumer ...
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Google's Sycamore quantum computer chip can now outperform the fastest supercomputers, new study suggests
Experiments on Google's 67-qubit Sycamore processor showed operations entering a new "weak noise phase" in which calculations ...
10d
Samsung issues rare apology for weak results as it struggles in AI chips
SEOUL – Samsung Electronics issued a lengthy apology after posting disappointing results, an unusual admission by the world’s ...
2d
ASML earnings disappointment isn't a disaster for the AI chip sector
AI chip demand is still strong despite a widespread sell-off in chip stocks Tuesday, Wall Street analysts say.
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