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BIZARRE: 30 | Mind Blowing Facts

Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs

After more than a decade, Bitcoin finds itself in a downturn unlike any spring we've seen before. Its value has plummeted as AI stocks surge, and with fresh market listings on the horizon, investors are reallocating their resources. Many are choosing to withdraw from Bitcoin ETFs, shifting their focus to…

The Economic Times

Navitas: NVIDIA’s AI Power Broker?

Navitas: NVIDIA’s AI Power Broker?

Navitas Semiconductor solves severe thermal bottlenecks in artificial intelligence server racks by fundamentally transforming power delivery architecture.

Bitcoin soon to become a thing of the past? What is wrong with world's largest cryptocurrency which hit record highs above $125,000 a few months back?

Bitcoin soon to become a thing of the past? What is wrong with world's largest cryptocurrency which hit record highs above $125,000 a few months back?

Bitcoin price is around 40 per cent lower than where it was when U.S. President Donald Trump took office in January 2025, having vowed to make the U.S. the crypto capital of the world.

The Economic Times

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Broadcom’s AI Backlog Is Becoming Too Big to Ignore. Here’s Why AVGO Is a Buy Now.

If Broadcom's earnings were so strong, why did the stock crash?

'At some point you've got to make money': Goldman's top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs

Jim Covello has been Wall Street's most consistent voice of AI doubt. Two years on, he asks:"when does the short term become the long term?"

How Is Microchip Technology's Stock Performance Compared to Other Semiconductor Stocks?

Microchip Technology has underperformed its semiconductor peers over the past year. However, Wall Street analysts remain strongly optimistic about its prospects.

Broadcom's Whiplash: Shares Tank After Pre-Earnings Surge

Broadcom just saw a big run-up going into its latest earnings report and a crash following it. Here's what caused shares to slip.

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ABM Industries Q2 Earnings Call Highlights

ABM Industries (NYSE:ABM) reported stronger second-quarter fiscal 2026 revenue growth and record first-half new sales bookings, while management maintained its full-year adjusted earnings outlook and said it expects a stronger margin performance in the second half of the year. President and Chief E

India’s AI gap keeps global investors away, but valuations are turning attractive: Punita Kumar Sinha

India’s AI gap keeps global investors away, but valuations are turning attractive: Punita Kumar Sinha

India is currently sidelined from the global AI investment boom due to its lack of semiconductor manufacturing. While the Indian IT sector has corrected, market veteran Punita Kumar Sinha believes value is emerging, with domestic themes and earnings growth offering long-term potential despite near-term challenges.

The Economic Times

Beyond Nvidia: Europe's best-performing AI stocks of 2026

Beyond Nvidia: Europe's best-performing AI stocks of 2026

Europe may not have a Nvidia of its own, but it has become home to some of the world's best-performing AI stocks. Companies supplying the infrastructure behind artificial intelligence — from lasers and optical chips to testing equipment and servers — have delivered gains of up to 2,200% in 2026.

SEMI Reports Global Semiconductor Equipment Billings Increased 14% Year-Over-Year in Q1 2026

MILPITAS, Calif., June 5, 2026 /PRNewswire/ -- SEMI, the industry association serving the global semiconductor and electronics design and manufacturing supply chain, today announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) report that global semiconductor equipment billings increased 14% year-over-year to US$36.55 billion in the first quarter of 2026.…

Broadcom Can't Cap Dow's 874-Point Bounce: Stock Market Today

Broadcom Can't Cap Dow's 874-Point Bounce: Stock Market Today

Technology was one of only two sectors not to close higher on Thursday, and it was basically all about one semiconductor stock.

Navitas Semiconductor Stock Is a High-Risk, High-Reward Buy on News of an Nvidia Partnership

Navitas Semiconductor Stock Is a High-Risk, High-Reward Buy on News of an Nvidia Partnership

Navitas stock pops 20% after Nvidia partnership announcement at the COMPUTEX 2026.

ASML Stock Is Hot, But Please Don’t Go Too Overweight on Chip Stocks

ASML Holdings (ASML) is a global leader in advanced semiconductor manufacturing systems, recently reaching an all-time high of $1,743.27. ASML demonstrates robust technical momentum. Shares are up 133% over the past 52 weeks. Despite strong performance, some analysts consider ASML overvalued and suggest diversification via ETFs like the iShares Semiconductor...

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Broadcom Stock Drops After Earnings. Buy the AVGO Dip.

Investors punished Broadcom after management didn’t raise its long-term AI revenue forecast. But the company's AI business continues to grow at an extraordinary pace.

As AI Semiconductor Revenue Swells, AVGO Stock is Destined to Trend Higher

Broadcom delivered Q2 earnings beat and provided an optimistic Q3 guidance.

Tom’s Hardware

Elon Musk's SpaceX secures 100% property tax exemption for planned $55 billion Terafab semiconductor factory in Texas — county approves 35-year deal worth hundreds of millions despite resident backlash

SpaceX has secured a 35-year, 100% property tax abatement for its proposed $55 billion TeraFAB semiconductor facility in Texas. Elon Musk argues the exemption is essential to compete with global chipmakers, while residents raise concerns over transparency, infrastructure, and environmental impacts.

Micron and MetAI Advance Fab Twin Development on NVIDIA Omniverse to Enable Physical AI

TAIPEI, June 4, 2026 /PRNewswire/ -- MetAI, together with Micron, has developed simulation-ready (SimReady) fab twins on NVIDIA Omniverse libraries, establishing a scalable foundation for digital twin simulation and future AI-driven automation in semiconductor manufacturing. The collaboration leverages MetAI's MetGen platform and focuses on transforming fragmented fab building engineering data…

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The Economic Times

TSMC reports $54.55 billion profit in 2025 as AI-driven chip demand boosts earnings

Taiwan Semiconductor Manufacturing Company, TSMC, announced impressive 2025 financial results. The chipmaker achieved over 120 billion US dollars in revenue and 54 billion US dollars in net income. This strong performance reflects the growing global demand for advanced semiconductor chips. Technologies like artificial intelligence and high-performance computing are driving this…

International Business Times

Can Europe Catch Up To The US And China In AI? New EU Plan Seeks Answers

The European Union has launched a major initiative aimed at strengthening its domestic technology industry and reducing reliance on foreign suppliers.

Nasdaq Futures Plunge as Broadcom Sinks on Disappointing AI Chip Sales Forecast

June Nasdaq 100 E-Mini futures (NQM26) are trending down -1.12% this morning as a disappointing forecast from Broadcom led investors to hit pause on the AI trade.

AI giant Broadcom sheds $300bn in market value as outlook misses sky-high expectations

The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but it disappointed investors by not raising its long-term sales target, sending shares tumbling more than 12% in after-hours trading.

TWSE and Industry Partners Highlight Taiwan's Central Role in the Global AI and Semiconductor Race at COMPUTEX 2026

TAIPEI, June 4, 2026 /PRNewswire/ -- At COMPUTEX 2026, the Taiwan Stock Exchange (TWSE) hosted two media briefings highlighting how Taiwan's capital markets are underpinning global advances in AI, semiconductors and next-generation computing infrastructure. Bringing together TWSE executives and listed companies, the sessions reinforced TWSE's role in the...

The Economic Times

Nvidia starts shipping TSMC-backed CPO switches to tackle AI data centre bottlenecks

Nvidia Corp. on Wednesday announced that it has started shipping its next-generation co-packaged optics (CPO) switches, developed in collaboration with Taiwan Semiconductor Manufacturing Co. (TSMC), as the U.S. tech giant seeks to address data transmission and power consumption challenges in AI data centres, according to a report by Focus Taiwan.

Why This Modi-Trump Meeting Could Change More Than Trade

The world is watching France. Not because of a major conflict or economic crisis, but because two of the world's most influential leaders may soon find themselves in the same room. Prime Minister Narendra Modi and US President Donald Trump have not met in person since February 2025. Since then,…

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