Today: 9 June 2026
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NASDAQ:SIMO 6 January 2026 - 16 May 2026

Silicon Motion Moves Against Nasdaq Slump, Eyes Next Catalyst This Week

Silicon Motion Moves Against Nasdaq Slump, Eyes Next Catalyst This Week

Silicon Motion shares closed at $259.99 Friday, down 1.5% for the day but up 2.5% for the week, outperforming a broader tech selloff that saw the Nasdaq fall 1.5%. The stock hit $273.90 Wednesday before retreating. The company reported Q1 net sales of $342.1 million, up 105% year-over-year, and forecast Q2 revenue of $393–411 million. Analyst targets rose after strong earnings and guidance.
16 May 2026
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Silicon Motion Stock Jumps After Q1 Sales Double and AI Storage Outlook Tops Estimates

Silicon Motion Stock Jumps After Q1 Sales Double and AI Storage Outlook Tops Estimates

Silicon Motion reported first-quarter revenue of $342.1 million, up 105% from a year earlier, and forecast second-quarter sales above Wall Street estimates. Shares rose $45.09 to $194.27 in New York trading. The company cited strong demand for embedded storage controllers and AI-related enterprise storage. CEO Wallace Kou said its MonTitan SSD controller platform will enter volume production this quarter.
29 April 2026
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Silicon Motion Stock Jumps Before Q1 Earnings As Dividend Date Nears

Silicon Motion Stock Jumps Before Q1 Earnings As Dividend Date Nears

Silicon Motion shares closed at $153.46, up 8.1% Friday ahead of first-quarter earnings due April 28. The company confirmed a $0.50-per-ADS dividend for May 21, record date May 7. Management previously guided Q1 revenue of $292 million to $306 million, up as much as 84% from a year earlier. Wall Street expects $1.28 per share in earnings and $299.53 million in revenue.
26 April 2026
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Stock Market Today

  • Why Timing the Market Fails and How to Invest More Safely with Schwab Dividend ETF
    June 8, 2026, 11:00 PM EDT. Investors worried about high valuations and economic uncertainty should avoid trying to time the stock market, as this strategy often results in missed gains. Instead, consider safer, dividend-paying stocks like those in the Schwab U.S. Dividend Equity ETF (SCHD). This ETF focuses on blue-chip companies with strong fundamentals, providing lower volatility and a dividend yield around 3.3%, significantly higher than the S&P 500's yield of just over 1%. While its total returns are more modest-26% over five years excluding dividends versus 76% for the S&P 500-SCHD offers greater income stability and a 17% year-to-date gain, beating the S&P 500's 8%. It suits investors prioritizing income and reduced portfolio risk amid frothy market conditions.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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