WiSA stock is experiencing a significant surge in its stock price, climbing by an impressive 50% following the announcement of a pivotal licensing agreement with a major HDTV/PTV brand. The agreement marks the fourth such partnership for WiSA Technologies, underlining its growing prominence in the audio technology sector. The deal entails a licensing agreement that …
WiSA Stock Soars 50% on Major Deal with HDTV/PTV Brand Read More »
Arm stock encountered a tumultuous day on the stock market, witnessing a significant downturn amidst a broader sell-off in the artificial intelligence (AI) sector. The catalyst for this downturn was a lackluster earnings report from ASML Holdings (NASDAQ: ASML), which sent shockwaves through AI-related stocks. Arm, renowned for its highly efficient CPU architecture, bore the …
Arm Stock Decline After ASML’s Disappointing Earnings Report Read More »
ASML shares, a critical chip manufacturing firm, experienced a 5% decline as the company fell short of sales forecasts for the first quarter of 2024. Despite maintaining its full-year outlook, ASML shares dropped approximately 4.5% in early European trade following the disappointing results. The company’s net sales reached 5.29 billion euros ($5.62 billion), falling short …
ASML Shares Drop 5% As Q1 Results Fall Short of Expectations Read More »
Today, the global stock market saw a notable decline, with major indices such as the FTSE 100 experiencing a 1.4% drop at the start of trading. Analysts attribute this significant downturn to several key factors, chief among them being escalating tensions in the Middle East following a recent attack on Israel by Iran. Investors, wary …
Nvidia stock investors are grappling with concerns as the chipmaker’s stock plunges 11% from its record high set last month. The recent dip comes amidst fears of intensifying competition in the AI chip market, exacerbated by Intel’s latest move. Intel Unveils Gaudi 3 Accelerator Intel’s latest salvo in the AI chip battleground is the Gaudi …
Nvidia Stock Faces Intel Challenge in AI Chip Market Read More »
