172k Jobs, $1T Wiped: Nasdaq’s Worst Week in a Year
A hot May payrolls print pushed Fed rate cuts off the table and triggered a 10.4% single-day SOXX collapse, dragging Nasdaq to its worst week in a year.
semiconductor stocks
TSMC at AGM: ‘Will Be a Long Time’ Before AI Supply Catches Demand
TSMC CEO C.C. Wei told the June 4 AGM AI demand still outpaces supply, signaling pricing power as Arizona buildout hits $165 billion.
Nvidia’s $80B Buyback and 25x Dividend Hike, Explained
Nvidia returned $20B in Q1, added an $80B buyback authorization, and lifted its dividend 25x – even as it zeroed China out of its outlook.
NVIDIA Hits $81.6B, Guides $91B – Stock Slips on the News
NVIDIA posted record $81.6B Q1 revenue, +85% YoY, and guided Q2 to $91B – yet shares slipped 1.3% after hours.
Chips Roar Back: Intel +6%, AMD +8%, ARM +16% Ahead of Nvidia
Chips snap back: Intel +6.4%, AMD +8.3%, ARM +15.6%, lifted by BofA’s $125B server-CPU call with Nvidia earnings on deck.
Chip Stocks Tumble as $9T Semi Concentration Hits S&P 500
Nvidia, Broadcom, Micron and AMD all fell 3-7% as $9 trillion in chip market cap tests the S&P 500’s record concentration.
S&P 500 Tops 7,400 for the First Time on Trade and AI Tailwinds
The S&P 500 closed above 7,400 for the first time as a US CEO delegation met Chinese officials and Goldman Sachs projected $1T in AI investment.
NVIDIA Breaks to All-Time High Ahead of May 20 Earnings
NVIDIA surges to $221.76, topping its prior 52-week high, as AI chip demand accelerates and Q4 FY2026 revenue hit $68.1B. What Wall Street is watching before May 20.
Cerebras Systems IPO: $3.5B Raise Targets a $28B Valuation
Cerebras Systems targets $3.5B in a May 14 Nasdaq IPO, riding 76% revenue growth and a $10B+ OpenAI compute deal to a valuation near $28 billion.
AMD Tops $10B Revenue as AI Shifts From GPUs to CPUs
AMD surges 11% on a $10.3B Q1 beat as AI demand rotates from pure GPU plays to CPUs and memory chips, lifting the entire semiconductor sector.