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Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high

Nvidia's gains in share price lifted its market value to top $3.4 trillion, unseating Microsoft as the second most valuable company on Wall Street.

Business - CNBC - October 15

Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips

The Biden-Harris administration announced plans to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina that makes ...

Tech - ABC News - October 15

ASML share plunge wipes over $50 billion off Dutch chip giant's value

ASML published its third-quarter earnings Tuesday, a day earlier than expected.

Business - CNBC - October 16

Don't own the AI chip leaders? Jim Cramer says this might be your chance to act

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Business - CNBC - October 15

Wolfspeed, a Maker of EV Chips, Gets $750 Million in Grants for North Carolina Plant

The government money, and matching funds from a group of financial firms, will be used for its new silicon carbide wafer plant in the Research Triangle area.

Business - Inc. - October 15

S&P 500 eyes another record close — plus, our 2 health-care stocks that defied the group

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - October 18

The UAE can guarantee the 'safety and the security’ of U.S.-made chips, G42 CEO says

The comments come as Washington reportedly continues to weigh limits on advanced chip sales to the Middle East over national security concerns.