SPDR S&P Semiconductors – Charm

How big a deal is China's reported breakthrough on a key chipmaking tool?

China’s reported chip breakthrough comes with some big caveats

6 days ago010 mins

ASML‘s stock fell Tuesday after a report that China is mass-producing a critical tool that the Dutch tech giant has long held a monopoly over. The decline came amid a steep sell-off in global semiconductor stocks as investors continued to grapple with uncertainty about the sector. ASML was last trading down 1.8%, but the stock…

Nvidia CEO Jensen Huang says chipmaker has received orders from China

5 months ago04 mins

After an extended delay in selling into the world’s second-largest economy, chipmaker Nvidia is gearing up to provide some customers in China with its H200 processors, CEO Jensen Huang said on Tuesday. “We have received purchase orders, and we’re in the process of restarting our manufacturing,” Huang told reporters at the company’s GTC conference in…