The White House on Monday declared new limitations on the export of artificial intelligence chips. This move is set to impact major tech companies, including Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). What Happened: Following the announcement, Nvidia’s shares experienced a 3% drop, while AMD’s stock saw a 2% dip in premarket trade, according to data from Benzinga Pro. The […]
Intel Stock Has Fallen Over 58% In 1 Year, But Citi Maintains ‘Neutral’
Intel Corp. (NASDAQ:INTC) discussed its priorities for 2025 with Citi Research analyst Christopher Danely, which includes the company’s AI ambitions, solving CPU manufacturing issues, and the appointment of a new CEO. What Happened: David Zinsner and Michelle Johnston Holthaus were named as the interim co-CEOs of Intel on Dec. 2, 2024, while the company searched […]
Solana Down 6% As Expert Touts ‘Relatively Cheap’ Price: What Is Going On?
Solana (CRYPTO: SOL) has dropped below the $200 mark, down 6% on the day as the wider cryptocurrency market continues its slide. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Solana (CRYPTO: SOL) $196.99 $95.3 billion -6.2% +3.9% Bitcoin (CRYPTO: BTC) $95,256.56 $1.88 trillion -5.3% +1.8% Ethereum (CRYPTO: ETH) $3,353.91 $404.2 billion -7.7% +0.8% Trader […]
Warren Buffett and Other Billionaires Load Up on Energy Stocks
As the most powerful investors in the world are loading up on energy investments following President-elect Donald Trump’s victory, this investor highlights a profitable and lower-risk oil and gas play that is “set to outperform all the rest.” What Happened: Warren Buffett holds $13.15 billion worth of Occidental Petroleum (NYSE:OXY) as of the third quarter […]
Wall Street’s Most Accurate Analysts Spotlight On 3 Health Care Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through […]
Scam Alert: Squid Games Tokens ‘Circulating In The Wind,’ Security Firm Advises Caution
The ghost of “Squid Games” scam tokens returned as the makers renewed the popular Netflix survival thriller series for a second season on Friday. What Happened: With the hype around the show reaching a fever peak, a handful of cryptocurrencies with dubious origins started to circulate in the market, preying on unsuspecting traders. Blockchain security […]
24% Upside In Amazon.com? – Here Are 5 Stock Picks For Last Week From Wall Street’s Most Accurate Analysts
U.S. stocks settled higher on Friday, with the Dow Jones index surging almost 500 points during the session. Even as the major indices recorded gains on Friday, all three averages fell last week. The Dow dipped around 2.3% to record its third losing week in a row. The S&P 500 declined about 2%, while the […]
Broadcom Expects Decade-Long AI Chip Boom as Big Tech Invest Billions
Broadcom Inc (NASDAQ:AVGO) chief Hock Tan expressed enormous conviction over the sustainability of the artificial intelligence frenzy as Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, Meta Platforms Inc (NASDAQ:META) and TikTok parent ByteDance splurged on designing custom processors that accelerate training and deployment of AI systems, the Financial Times reports. Reportedly, OpenAI and Apple Inc (NASDAQ:AAPL) also […]
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Semiconductor’s After White House Imposes New AI Chip Export Restrictions
January 13, 2025
The White House on Monday declared new limitations on the export of artificial intelligence chips. This move is set to impact major tech companies, including Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). What Happened: Following the announcement, Nvidia’s shares experienced a 3% drop, while AMD’s stock saw a 2% dip in premarket trade, according to data from Benzinga Pro. The […]
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