VGT Vanguard Information Technology Index Fund ETF Shares
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Chipmakers Shed $3.2 Trillion, AI Valuation Fears Drive Big Tech Pivot
Investors shifted an estimated $3.2 trillion out of semiconductor stocks into major technology and software companies. This capital rotation intensified today,...
Oracle Slashing 30,000 Jobs, Funding $500 Billion Stargate AI Project
Oracle is laying off up to 30,000 employees across its sales, engineering, and security departments. The company is redirecting this capital toward significant...
Oracle cuts 30,000 jobs, funding $500 billion Stargate AI partnership
Oracle is laying off up to 30,000 employees across its sales, engineering, and security departments. The company is redirecting this capital toward significant...
TSMC shares plunge 7%, sparking global chip sell-off over spending fears
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a record second-quarter net profit of $22 billion. This figure represents a 77% increase from the...
🔴 VGT is trading 2.3% down today on semiconductor-led AI overbuild fears
VGT is trading 2.3% down today as a sharp global selloff in semiconductor and AI-related stocks drags the broader technology sector lower. • Markets are...
🔴 VGT is trading 2% down today on a semiconductor-led selloff and AI overbuild concerns
VGT is trading 2% down today as a sharp selloff in the semiconductor and AI-chip sectors drags the broader technology complex lower during pre-market...
🔴 VGT is trading 2% down today amid a broader tech selloff and NVIDIA export concerns
VGT is trading down 2% today as the broader technology sector declines sharply due to profit-taking and concerns over stretched valuations following the recent...
NVIDIA Slashes Asian AI Customer List, Targeting Illegal Exports to China
NVIDIA reduced its approved customer list in Asia by more than 50%. The company implemented a new whitelist system across Singapore, Malaysia, and Japan to...
NVIDIA Slashes Asian AI Chip Customer List, Citing US Export Rules
NVIDIA reduced its approved customer list for advanced AI chips in Asia by more than 50%. The company implemented a new whitelist system across Singapore,...
🟢 VGT is trading 1.5% up today as cooling inflation fuels a rotation back into growth tech
VGT is trading 1.5% up today as investors rotate back into growth-oriented technology after June CPI showed a sharper-than-expected cooling in inflation. •...
TCS to hire 8,900 AI engineers, shifting strategy to counter industry disruption
Tata Consultancy Services (TCS), India's largest software firm, is building a team of 8,900 forward-deployed engineers to accelerate client AI adoption. This...
🔴 VGT is trading 1.6% down today on AI profit-taking and semiconductor weakness
VGT is trading 1.6% down today as technology shares retreat following a powerful multi-week rally, led by weakness in semiconductor and AI-linked names. •...
TCS Deploys 8,900 AI Engineers, Shifting Strategy to Counter Automation Risks
Tata Consultancy Services (TCS) is building a team of 8,900 forward-deployed engineers to accelerate artificial intelligence adoption. This initiative embeds...
China Halts Helium Exports, Prioritizing Domestic AI and Chip Production
China suspended all helium exports to safeguard domestic reserves for strategic industries. The government cited semiconductor manufacturing and artificial...
SK Hynix raises record $26.5B in US IPO, riding AI demand
SK Hynix debuted on the Nasdaq today, raising $26.51 billion. This marks the largest-ever initial public offering by a foreign company in the United States....
Micron accelerates $250 billion U.S. expansion, meeting surging AI demand
Micron Technology is increasing its planned U.S. investments to more than $250 billion through 2035. Surging demand for AI-related memory chips drives this...
🟢 VGT is trading 2% up today as mega-cap tech extends rebound on AI demand
VGT is trading 2% up today as mega-cap technology stocks extend their rebound, supported by strong AI demand and resilient growth sentiment. • The sector is...
Apple seals $30 billion Broadcom deal, securing US-made wireless chips
Apple signed a multiyear agreement with Broadcom exceeding $30 billion to produce custom silicon in the United States. This represents Apple's largest...
Samsung beats Nvidia with record profit, stock drops on AI reality check
Samsung Electronics reported a record operating profit of 89.4 trillion won ($58.6 billion) for the second quarter. This performance represents a 19-fold...
🔴 VGT is trading 1.73% down today following an overnight semiconductor selloff and Nasdaq weakness
VGT is trading at $112.09 (-1.73%) as the technology sector faces pressure from an overnight semiconductor rout and broader market softness. • Chip sentiment...