TerraPower’s Nuclear Leap and NVIDIA’s (NVDA) First Energy Play

Jefferies Reiterates Buy Rating on NVIDIA (NVDA), Says Ecosystem Is “Chasing NVDA”

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks in the Spotlight This Week. On October 17, Jefferies reiterated the stock as “Buy.” Following a global conference of semiconductor companies and others, Jefferies says everyone is rushing to catch up to Nvidia’s ecosystem. “One of the clear takeaways from the conference is that the entire ecosystem…

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Why Broadcom (AVGO) Shares Are Falling Today

Why Broadcom (AVGO) Shares Are Falling Today

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 4.2% in the morning session after stocks in the semiconductor sector pulled back, driven by underwhelming news from key industry peers. The decline appears linked to investor reaction to AI-chip leader Nvidia’s recent earnings report, which, despite a positive forecast, failed to exceed Wall Street’s…

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Why Broadcom (AVGO) Shares Are Falling Today

Why Broadcom (AVGO) Shares Are Falling Today

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 3.1% in the afternoon session after the major indices continued to pull back, with technology stocks accounting for most of the market’s largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the “AI trade,” which…

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Why Nvidia (NVDA) Stock Is Falling Today

Why Nvidia (NVDA) Stock Is Falling Today

Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 3.5% in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve’s Jackson Hole symposium later in the week. The downturn in the market was largely attributed to a significant sell-off in…

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New Export Curbs Target China's Chip and AI Aspirations

New Export Curbs Target China’s Chip and AI Aspirations

Targeting China’s semiconductor and AI sectors, the Biden government announced increased export restrictions, strengthening measures to offset Beijing’s technology gains. The Department of Commerce has put new restrictions on sales of high-bandwidth memory and chipmaking equipment, therefore affecting American companies including Lam Research Corp. (NASDAQ:LRCX), Applied Materials Inc. (NASDAQ:AMAT), and KLA Corp. (NASDAQ:KLAC). These limitations…

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