Dow climbs as top AI stocks pause
Dow ticks up on healthcare and banks, but the Nasdaq is weaker with AI chip stocks sliding in late-morning trade Thursday. U.S. stock indexes were mixed.
Micron Drops as AI Memory Stocks Take a Hit
Micron Technology dropped 8.3% to $989.46 at the open on Nasdaq Thursday, part of a larger chip-stock slide that sent the iShares Semiconductor ETF down 5.0% and the QQQ off 1.3%. Despite the selloff, Micron still held a market cap close to $1.13 trillion, a sign of just how far the AI memory rally went before buyers stepped back.
Nvidia Faces New AI Test After Broadcom Drop Hits Chip Stocks
Nvidia stock was down in U.S. premarket Thursday, as a chip selloff led by Broadcom weighed on one of the market’s biggest AI trades. The last quote for Nvidia was $214.75, putting its value near $5.24 trillion.
SanDisk’s Rally Pauses as AI Chip Names Hit Resistance
SanDisk shares slipped in premarket trading Thursday after hitting a record close, as selling in AI chip stocks hit one of Wall Street's busiest trades.
Nasdaq Futures Slip Ahead of Open After Broadcom’s AI Move
Stock-index futures moved in different directions early Thursday, as tech stocks came under pressure. Broadcom’s earnings update hit the AI trade, sending Nasdaq 100 futures down. At 05:16 a.m. ET, Dow futures were up 0.24%, S&P 500 futures slipped 0.49%, and Nasdaq 100 futures dropped 1.23%, according to Reuters.
Broadcom Stock Slips After AI Outlook Rattles Wall Street
Broadcom Inc. stock dropped premarket Thursday. The company’s AI outlook and its decision to keep its long-term goal steady disappointed some traders after the shares hit a record high earlier this week.
Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks
Broadcom took a hit after the bell Wednesday, with shares sliding in after-hours trade as Wall Street pulled back from recent highs. Traders sold off one of the top artificial-intelligence names of the year as momentum across the broader market faded. After-hours trading on Nasdaq runs from 4 p.m. to 8 p.m. ET.
Broadcom’s $280 Billion AI Rally Hits Key Test
Broadcom heads into Wednesday’s earnings after shares ran higher for four days. Traders have piled into custom AI chips and data-center networking plays, boosted this week by Alphabet’s $80 billion stock sale plan and a record move in Marvell Technology. Broadcom is due to post its fiscal Q2 numbers after the close, with a results call set for 5:00 p.m. ET, the company said.
Dow futures edge lower with oil up, markets watch Wall Street highs
U.S. stock futures wobbled early Wednesday. A crude oil rally put pressure on Wall Street’s string of record highs, with traders questioning if the artificial-intelligence trade still has fuel to push the market further.
Broadcom Shares Touch All-Time High Ahead of Results on Google AI Deal
Broadcom Inc. shares hit an all-time high Tuesday, gaining after Alphabet said it plans to raise $80 billion for AI infrastructure. The move pushed the chip stock higher ahead of its earnings release set for Wednesday.
Coherent Stock Is Surging Again — Here’s Why Wall Street Is Chasing AI’s Hidden Bottleneck
Coherent Corp. shares jumped about 17% in Tuesday midday trading, putting the photonics and optical-networking supplier back at the center of Wall Street’s AI infrastructure trade. The stock was last quoted at $425.44, up $62.54, after touching $433.12 earlier in the session.
Broadcom Shares Up Ahead of Earnings With AI Sales in Focus
Broadcom Inc. shares gained roughly 3% late Monday as traders set up ahead of the chip and software firm’s quarterly report, seen as a test for demand on its AI chip business after a strong run this year. The stock last traded at $459.97. Volume was above 30 million shares, moving between $443.00 and $477.77 during the session.
Broadcom Shares Hit Record; Week Ahead Seen Key for AI Rally
Broadcom Inc. wrapped up the holiday week at an all-time high. Investors now look ahead to Wednesday, when the chipmaker’s fiscal Q2 earnings are set to become a key test for the AI trade.
Anthropic lands $965B valuation as Wall Street eyes next AI move
Anthropic landed a near-$1 trillion valuation, putting a fresh figure on the premium Wall Street is paying for cutting-edge AI. The number dropped while U.S. markets stayed closed for the weekend after a solid week driven by tech.
Broadcom shares set new high after $36B Anthropic AI chip deal backs AVGO rally
Broadcom Inc. climbed to a record high in Friday trading before retreating. The chipmaker drew investor attention ahead of its earnings report next week, as AI infrastructure demand remains in focus.
3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder
Direxion Daily Semiconductor Bull 3X Shares traded just above $220 early Friday, down from a $224.63 close, according to market data. That follows a big run over the past year. 24/7 Wall St. estimated a $100,000 investment made on May 28, 2025, would have been worth around $1.28 million by May 27.
Broadcom’s $2 Trillion AI Call Gets 7.5% Test Next Week
Broadcom options imply the stock could move around 7.5% in either direction following its quarterly earnings, due after the close on June 3, Bloomberg data shows. That sets up next week's results as a key moment for one of the market's top AI names.
Broadcom puts $125 million into UCLA AI chip center
Broadcom, Meta Platforms, Applied Materials, GlobalFoundries and Synopsys are putting $125 million into a new semiconductor center at UCLA, the university's engineering school said. The group is aiming to give a boost to custom AI chip efforts. The news came from the UCLA Samueli School of Engineering.
Stocks Trade as Usual Today, Bonds Close Early Ahead of Memorial Day
U.S. stock markets will run on their regular hours Friday. The U.S. bond market closes early ahead of Memorial Day, trimming trading time for Treasuries and other debt before the three-day weekend.
Nvidia Stock Slips Ahead of Earnings as Wall Street Eyes $5 Trillion Mark
Nvidia NVDA slid 2.8% to $219.05 on Monday, pulling chip stocks lower as traders lightened up on positions ahead of its fiscal first-quarter report this week. Shares earlier hit $230.62. Nvidia’s market cap sits at about $5.36 trillion.