Tech Stocks Plunge as AI Doubts Grow
Nvidia shares fell 1.17% to $197.66 as the broader AI chip sector came under pressure. With RSI at 40.88 and a P/E of 30.13, markets are weighing a rising interest…
Christina Shaw6 min read
ai chips
Christina Shaw6 min read
Micron (MU) Earnings Loom as Chip Stocks Swing
Micron Technology heads into its third quarter earnings report as a $1.19 trillion company, up roughly 761% in a year. With analysts expecting 1,000% profit growth, the stakes for Wednesday's…
Roberto Anderson6 min read
Cerebras Systems AI Chip News Shares Fall on Margin Concerns
Cerebras Systems fell nearly 18% after its debut earnings report showed gross margin guidance well below Nvidia and a sequential drop from Q1 levels, despite revenue nearly doubling year over…
Bobby Cook6 min read
Cerebras (CSAI) Falls 14% on Weak Full Year Margin Outlook
Cerebras Systems stock fell nearly 18% on June 21 after the company guided full year 2026 gross margins well below Q1 levels. With shares near a 52 week low and…
Franklin Gonzales6 min read
Qualcomm (QCOM) Acquires AI Startup Modular for $4 Billion
Qualcomm is acquiring AI inference startup Modular in an all-stock deal worth roughly $3.92 billion, issuing up to 19.2 million shares. The move puts the chipmaker in direct competition with…
Bobby Cook6 min read
Cerebras Systems (CBRS) Stock Falls Despite Earnings Beat
Cerebras Systems beat first quarter estimates on revenue and net loss in its public company debut, but shares tumbled more than 17% as investors focused on a sharp projected drop…
Roberto Anderson6 min read
Nvidia (NVDA) Banned AI Chips Double in Price in China
Nvidia AI chips are reportedly selling at more than double their list price on China's black market. With NVDA down 3.72% to $200.04 and trading at a P/E of 30.49,…
Franklin Gonzales5 min read
SpaceX vs. Nvidia: Best AI Stock to Buy
Nvidia slid to $200.04 as investors weighed the GPU giant against SpaceX, the newest mega-cap AI play. We break down growth, valuation and the bull-versus-bear case using the real numbers.
Bobby Cook5 min read