Nvidia Stock Breaches Key Support Level as AI Competition Heats Up
Nvidia shares dip below crucial 200-day moving average amid concerns over Chinese AI startup DeepSeek's advancements. Technical analysts project further downside risk while debating whether the stock will see steep declines or sideways consolidation.
ASML's Record Earnings Surge Amid AI-Driven Semiconductor Boom
Dutch semiconductor giant ASML reports stellar Q4 earnings with €9.3 billion revenue, driving shares up 10% as AI demand accelerates. Recent tech sector volatility creates potential buying opportunity in ASML and Nvidia amid positive industry outlook.
TSMC Secures $6.6B Federal Grant to Boost U.S. Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Company receives major federal funding to build three advanced chip facilities in Arizona, marking a strategic move to strengthen domestic semiconductor production. The $6.6B grant supports TSMC's $65B investment plan and aims to create thousands of high-tech jobs while reducing U.S. dependence on overseas chip manufacturing.