Semiconductor stocks keep falling as investors go risk-off, Chinese startup releases powerful new AI model

    What happened: Semiconductor stocks retreated on Friday. Memory and storage highfliers Micron Technology (MU) and Sandisk (SNDK) stocks dropped more than 2%, and Western Digital (WDC) fell more than 3%. Chipmakers, including Nvidia (NVDA), AMD (AMD), Broadcom (AVGO), Intel (INTC), and Marvell (MRVL), also moved lower. Qualcomm (QCOM) retreated as well. Among semiconductor equipment makers,…

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    NXP Semiconductors (NXPI) Q3 Earnings Report Preview: What To Look For

    NXP Semiconductors (NXPI) Q3 Earnings Report Preview: What To Look For

    Chip manufacturer NXP Semiconductors (NASDAQ: NXPI) will be announcing earnings results this Monday afternoon. Here’s what to look for. NXP Semiconductors beat analysts’ revenue expectations by 0.8% last quarter, reporting revenues of $2.93 billion, down 6.4% year on year. It was a satisfactory quarter for the company, with revenue guidance for next quarter topping analysts’…

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