Hang Seng Tech Index, which tracks the top 30 Hong Kong-listed tech stocks, is up 41% YTD vs. Nasdaq's 17%, driven by China's AI and chip self-sufficiency push
William Sandlund / Financial Times :
The Nasdaq fell 1.4% on August 19, as Nvidia dropped 3.5% and Arm 5%, with AI enthusiasm cooling after a critical report from MIT and a warning from Sam Altman
Warning from OpenAI's Sam Altman and MIT paper puncture Wall Street's enthusiasm — US tech stocks sold off as warnings …
AppLovin was 2024's top performing US tech stock, up 758% as of December 24, followed by MicroStrategy, up 467%, and Palantir, up 380%; the Nasdaq jumped 33%
Artificial intelligence is still an abstract concept for many everyday consumers unsure about how it will change their lives.
Oracle shares are up 50%+ YTD, well outpacing the Nasdaq's 14% rise, as the 47-year-old company becomes an attractive cloud-computing provider for AI developers
Long-stagnant stock is up 34% thanks to its neutral status in the booming market for AI computing power
The Nasdaq fell 2.77% on July 17, its worst drop since December 2022, with ASML down 12.74%, NVDA down 6.62%, and META down 5.68%; TSMC on the NYSE fell 7.98%
quoted on @Investingcom — saying that Intel is the “only alternative” to TSMC and that they see 100% upside potential. https://www.investing.com/... Travis Hoium / @travishoium : $ASML may be an incre...
China has been ASML's biggest market for four quarters in a row; China sales rose 21% YoY to €2.3B in Q2 2024 and accounted for 49% of ASML's Q1 and Q2 sales
here's why Nikita Prasad / Livemint : Tech-heavy Nasdaq hits two-week-low; Nvidia, ASML crash 4-8% from all-time high on tighter US trade curbs outlook DigiTimes : ASML performance surges amid TSMC in...