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The Latest Breaking News from Semiconductor

Aaditya Thackeray to lead ‘Jan Aakrosh Andolan’ on Saturday

It is a protest against the loss of Vedanta-Foxconn semiconductor plants to neighbouring Gujarat, said sources

The Hindu

Semiconductor park to be set up in Kerala

The first units of the project, aimed at transforming the State into an electronic hub, are being set up in Kochi and Palakkad

The Hindu

4 Chip Stocks That Are Better Buys Than AMD

Lucrative government funding and steady demand are expected to help the semiconductor industry grow in the long term. However, popular chipmaker Advanced Micro Devices (AMD) seems to be on a downtrend lately. And we believe investors looking to invest in semiconductor stocks could buy Broadcom (AVGO), NXP Semiconductors (NXPI), STMicroelectronics…

StockNews.com

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Taiwan Semiconductor Whale Trades For September 19

Someone with a lot of money to spend has taken a bearish stance on Taiwan Semiconductor (NYSE:TSM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

The Best-in-Class Auto Stock to Buy Right Now and 2 to Avoid

Lingering shortage of semiconductors and supply chain issues have hindered automobile production. However, lucrative Federal initiatives should boost the industry’s growth. While we think investors should consider buying quality auto stock Volkswagen (VWAGY), fundamentally weak stocks Faraday Future Intelligent Electric (FFIE) and Mullen Automotive (MULN) might be best avoided now.…

StockNews.com

Now Is Not the Time to Buy AMD Stock

Lingering logistic issues and declining demand are marring the optimal productivity of the semiconductor industry. Given the near-term headwinds, semiconductor stock Advanced Micro Devices (AMD) might be best avoided now. Keep reading….

StockNews.com

Maharashtra was set to sign Vedanta MoU

In the letter dated July 26, 2022 to Vedanta chairman Anil Agarwal, Chief Minister Eknath Shinde stated that his government remained committed to supporting Vedanta’s investment plans

The Hindu

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Check Out What Whales Are Doing With TSM

Benzinga

Karnataka signed MoUs worth ₹1.3 lakh crore for renewable energy projects, says Chief Minister Basavaraj Bommai

Also, Karnataka was the first State in India to offer Production Linked Incentives (PLIs) to the semiconductor and FMCG sectors, says CM

The Hindu

5 Chip Stocks Under $100 to Buy Now

Investors’ sentiment has been deteriorating in the semiconductor sector amid the lingering supply chain issues and slowing demand. However, Federal initiatives and continued digitization and automation brighten the industry’s long-term prospects. Therefore, investors could consider buying quality chip stocks Taiwan Semiconductor (TSM), Applied Materials (AMAT), MaxLinear (MXL), Axcelis (ACLS), and…

StockNews.com

Sell These 2 Chip Stocks Before They Fall Even Further

The semiconductor industry is struggling with shrinking demand and increased government restrictions. Moreover, the current inflationary pressures will likely hurt consumer spending, further dampening the overall demand. Thus, selling fundamentally weak semiconductor stocks Advanced Micro Devices (AMD) and Marvell Technology (MRVL) could be wise. Continue reading.

StockNews.com

Foxconn row: Who was responsible for nixing Nanar refinery, Devendra Fadnavis asks opposition

MUMBAI: Maharashtra deputy chief minister Devendra Fadnavis has accused the opposition of making false claims over the Vedanta-Foxconn semiconductor plant going to Gujarat, and also questioned it over the Nanar refinery project.

The Times of India

2 Chip Stocks With Major Red Flags Right Now

Heightened government restrictions and slowing demand have hit the semiconductor industry. And considering bearish investor sentiments, semiconductor stocks NVIDIA Corporation (NVDA) and Advanced Micro Devices (AMD) might be best avoided now. Read more….

StockNews.com

Don't Like NVIDIA? Try These 3 Tech Stocks Instead

NVIDIA Corporation (NVDA) recently cited macroeconomic issues for having hampered consumer demand. Moreover, the company missed the consensus revenue and EPS estimates in the last reported quarter. And we think investors wanting to avoid NVDA could invest in quality tech stocks Broadcom (AVGO), QUALCOMM (QCOM), and CEVA (CEVA) instead. Keep…

StockNews.com

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StockNews.com

The 5 Worst EV Stocks You Should Not Buy in 2022

Although EV demand is growing, the industry is riddled with charging infrastructure and semiconductor chip shortage issues. Therefore, we believe it could be wise to avoid fundamentally poor EV stocks Lucid Group (LCID), Nikola (NKLA), Canoo (GOEV), Workhorse Group (WKHS), and Mullen Automotive (MULN) this year. Let's discuss this in…

The Hindu

Aaditya Thackeray lashes out at CM Shinde for ‘letting out’ Vedanta’s semiconductor plant to Gujarat

The move caused the State a loss of a $20 billion semiconductor project and around 1 lakh job opportunities

France 24

European Commission proposes new rules to ban forced labour products

A new report from the UN's International Labour Organization (ILO) shows that more than 27 million people are engaged in forced labour around the world. This Tuesday, Brussels is announcing new rules to ban goods made with forced labour or those imported into the bloc. The ILO report also raised…

The Hindu

Vedanta, Foxconn sign MoU with Gujarat government to set up semiconductor unit in state

Vedanta and Foxconn to invest ₹1,54,000 crore to set up the facility in Gujarat

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The Independent UK

US invites Mexico to join semiconductor production effort

A high-level United States delegation invited Mexico to participate in a push to shift semiconductor production from Asia to North America and expand production of electric vehicles

StockNews.com

Buy This Pullback Stock Before It's Too Late

Leading chip-maker Micron (MU) is currently trading more than 40% below its 52-week high, beaten down by worsening chip demand, rampant inflation, and recession concerns. However, the company reported solid financials in its last quarter. Moreover, it is well-positioned to deliver strong performance owing to the solid long-term demand outlook…

Benzinga

Chip Wreck Ahead? Biden Administration Said To Be Mulling More Curbs On Semiconductor, Tool Exports To China

Nvidia Corporation (NASDAQ: NVDA) and Advanced Micro Devices, Inc. (NASDAQ: AMD) announced earlier this month that the U.S.

StockNews.com

4 Semiconductor Stocks to Buy Right Now, Including Micron

Semiconductor industry continues to struggle with supply chain issues. However, despite such challenges, semiconductor sales increased year-over-year in July. Moreover, given the solid long-term prospects of the industry, it could be wise to add quality semiconductor stocks Broadcom (AVGO), QUALCOMM (QCOM), Micron Technology (MU), and Photronics (PLAB) to your portfolio.…

Roll Call

Biden touts chips law at Intel groundbreaking in Ohio

“America is back” and will lead the way in semiconductor manufacturing, President Joe Biden declared at the Intel groundbreaking in Ohio.

Al Jazeera

China’s great leap forward in chips faces US pushback

Beijing’s efforts to secure dominance over critical chips are facing growing resistance from Washington.

Benzinga

Check Out What Whales Are Doing With TSM

Someone with a lot of money to spend has taken a bullish stance on Taiwan Semiconductor (NYSE:TSM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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