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Nasdaq sinks, as US-China summit fails to lift chip export curbs
U.S. President Trump and Chinese President Xi Jinping concluded their summit on Friday without reaching an agreement for technology investors. U.S. Trade...
Tech Stocks Sink, US-China Summit Fails to Ease Chip Export Controls
U.S. President Trump and Chinese President Xi Jinping concluded their summit on Friday without a breakthrough. U.S. Trade Representative Jamieson Greer...
Applied Materials Forecasts 30% Growth, Fueled by Global AI Build-out
Applied Materials reported record second-quarter revenue of $7.91 billion. The company achieved non-GAAP earnings per share of $2.86. These results...
NVIDIA and chipmakers tumble, as Trump-Xi summit yields no tech deal
Global semiconductor stocks declined sharply on May 15, 2026. This followed a high-stakes summit in Beijing between U.S. President Donald Trump and Chinese...
🔴 VGT is trading 1.6% down today as Trump–Xi summit fails to ease chip export curbs
VGT is trading down 1.6% as technology stocks retreat following a Trump–Xi summit that ended without progress on U.S. semiconductor export controls. •...
Nvidia leads chip sell-off as Trump-Xi summit ignores export curbs
U.S. President Trump and Chinese President Xi Jinping concluded their high-stakes summit on May 15 without easing technology trade restrictions. U.S. Trade...
SMIC wins foreign orders, as AI boom exhausts global factory capacity
Semiconductor Manufacturing International Corp (SMIC) reported a surge in overseas orders on Friday. Co-CEO Zhao Haijun attributed the growth to the global...
SMIC captures global orders, as rivals shift capacity to AI chips
Semiconductor Manufacturing International Corp (SMIC) reported a surge in overseas orders during its Q1 2026 earnings call. Co-CEO Zhao Haijun stated that the...
Nvidia H200 sales to China stall, as Beijing blocks domestic approvals
Nvidia has not delivered any H200 AI chips to China as of May 15, 2026. Beijing continues to withhold necessary purchase approvals for approximately 10 Chinese...
Cisco hits record high on $9B AI forecast, signaling infrastructure boom
Cisco Systems (CSCO) reported record third-quarter revenue of $15.8 billion. The company raised its fiscal 2026 AI infrastructure order forecast to $9...
Cisco Surges 17% to Record High, Nearly Doubles AI Forecast to $9B
Cisco Systems (CSCO) shares rose as much as 17% to reach a record high. This move marks the stock's best single-day gain in over 20 years. The rally followed a...
Cisco hikes AI forecast to $9 billion, shares surge on record revenue
Cisco Systems reported record fiscal third-quarter revenue of $15.8 billion. Adjusted earnings reached $1.06 per share, exceeding analyst estimates. The...
TSMC Forecasts $1.5 Trillion Global Chip Market, Citing AI Growth
TSMC raised its 2030 global semiconductor market forecast to $1.5 trillion. The updated projection represents a 50% increase from the company's previous $1...
🟢 VGT is trading 1.5% up today on Cisco's record revenue and raised AI infrastructure targets
VGT is trading 1.5% up today as Cisco Systems reported record fiscal Q3 revenue of $15.8 billion and raised its full-year AI infrastructure order target to $9...
Cisco Surges 18% on Record Earnings, Hikes AI Forecast to $9 Billion
Cisco Systems (CSCO) shares jumped nearly 18% in pre-market trading on May 14. The company reported record third-quarter revenue of $15.8 billion. This...
TSMC Hikes 2030 Chip Market Outlook to $1.5 Trillion, Citing AI Boom
Taiwan Semiconductor Manufacturing Company (TSMC) raised its 2030 global chip market forecast to $1.5 trillion. This projection represents a 50% increase over...
TSMC Hikes 2030 Chip Market Outlook to $1.5 Trillion on AI Growth
Taiwan Semiconductor Manufacturing Co. (TSMC) raised its 2030 global semiconductor market forecast to $1.5 trillion. This projection represents a 50% increase...
Nvidia Jumps, Fueled by CEO Presence at Trump-Xi China Summit
Nvidia and semiconductor stocks rallied on May 13, 2026, during a high-stakes summit between U.S. President Trump and Chinese President Xi Jinping in Beijing....
Alibaba Profits Evaporate, Hit by Aggressive AI and Cloud Spending
Alibaba Group reported a near-total collapse in fourth-quarter profitability. Adjusted net income fell to $12 million, representing a decline of nearly...
🟢 VGT is trading 1.5% up today as Nvidia CEO's Beijing trip sparks semiconductor rally
VGT is trading 1.5% up today as the technology sector outperforms amid a Nasdaq rally, driven by news of Nvidia CEO Jensen Huang joining President Trump in...