Dutch giant ASML leads the world in producing lithography machines, but China is catching up – Alan Schaller China has achieved a breakthrough in developing technology crucial to the AI boom, overcoming US efforts to limit Beijing’s access to the systems. China’s chip giant Shanghai Yuliangsheng has started production of deep ultraviolet lithography machines, according…
China’s ChangXin Memory Technologies (CXMT) became the country’s most valuable listed company after its shares surged 470% in their Shanghai debut on Monday, highlighting strong investor enthusiasm for a domestic semiconductor champion at the centre of Beijing’s push for technological self-reliance, Reuters reported. The memory chipmaker raised 57.92 billion yuan ($8.6 billion) through its initial…
Chinese equity markets rebounded on Monday after suffering steep losses last week, as signs of government-backed support helped restore investor confidence in traditional sectors. However, technology and semiconductor-related stocks continued to face selling pressure amid concerns over stretched valuations and the global retreat from AI-linked shares, Reuters reported. According to Reuters, the benchmark CSI300 Index…
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,…
Chinese equities tumbled on Friday, leaving the country’s benchmark indexes on course for their steepest weekly decline in two-and-a-half years, amid concerns that the massive IPO of memory chipmaker CXMT could siphon off market liquidity. According to Reuters, expectations of several more large domestic IPOs in the pipeline further dampened investor sentiment, particularly in the…
US stock market today, October 16, 2025, surged as strong earnings from major banks and technology firms drove Wall Street gains despite escalating US-China trade tensions. The S&P 500 rose 0.4%, the Nasdaq Composite advanced 0.7%, and the Dow Jones Industrial Average added 100 points (0.2%) in Thursday trading. Investors focused on corporate earnings that…
(Reuters) -Semiconductor stocks advanced on Thursday after top contract chipmaker TSMC (TSM) issued a rosy forecast, fanning optimism about demand for artificial intelligence infrastructure in a week of multi-billion-dollar deals across the sector. The company posted a record quarterly profit and raised its annual revenue expectation, pointing to robust demand from customers including AI chip…
Arm Holdings (NASDAQ:ARM) drew investor attention on Wednesday as optimism over artificial intelligence continued to drive activity across semiconductor stocks. The British chipmaker, whose energy-efficient processor blueprints power the majority of the world’s smartphones, also has a growing presence in automotive, data center, and Internet of Things applications. Its technology underpins much of the current…