The Latest Breaking News from Semiconductor

Over the past 3 months, 4 analysts have published their opinion on Navitas Semiconductor (NASDAQ:NVTS) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Semiconductor stocks have taken a big hit so far in 2022, and one Wall Street analyst just adjusted his ratings on six semis heading into the second half of the year. The Analyst: Bank of America analyst Vivek Arya made the following seven ratings changes on Wednesday:

Although NVIDIA (NVDA) beat consensus EPS and revenue estimates in the last reported quarter, the stock has fallen more than 50% from its 52-week highs. Despite the heavy correction, the semiconductor giant trades at a premium to its peers. So, is it wise to buy the stock now? Read more…

Renesas Electronics Corp (OTC:RNECY), a premier supplier of advanced semiconductor solutions, collaborated with Tata Motors Ltd (NYSE:TTM) and Tejas Networks Ltd. (Tejas), both Tata Group companies. The partnership builds on their longstanding relationship as technology and business partners.  Also Read: More Trouble For Semiconductor Industry's Revival as Japanese Chipmakers See Engineers Shortage Renesas, with deep…

Ohio families that have called rural land home for generations are lamenting the loss of their property to a massive development project

Taiwan Semiconductor Manufacturing Co. (TSMC) has opened a state-of-the-art semiconductor technology development center in Tsukuba, Ibaraki Prefecture.

The Chips Act would provide an enormous subsidy to chipmakers for making their chips in the US. This is extortion

Credit Suisse analyst Dan Levy maintained Tesla Inc (NASDAQ:TSLA) with an Outperform and cut the price target from $1,125 to $1,000 (37% upside). Levy expected Tesla's 2Q deliveries of 242,000, missing the consensus of ~280,000 due to the Shanghai COVID shutdown.  Moreover, given the lower delivery outlook, the associated margin impact, and an expected Bitcoin impairment, he…

Concerns over red-hot inflation and the Fed’s aggressive interest rate hikes have led several fundamentally sound stocks to plummet in price this year. QUALCOMM (QCOM), Semtech (SMTC), and Good Times Restaurants (GTIM) have declined 30%-40% year-to-date, but these stocks are poised to stage a rebound in the near term. So,…

Other countries have already outpaced the U.S. in incentivizing manufacturing on their shores.

On Wednesday, shares of ON Semiconductor Corporation (NASDAQ: ON) experienced volatile short activity. After the activity, the stock price went down -1.81% to $51.01.  The overall sentiment for ON has been Bearish.