Chipmakers Nvidia (NASDAQ: NVDA) and Micron Technology (NASDAQ: MU) have had very different experiences on the stock market so far in 2021, even though both companies have been delivering stellar results quarter after quarter. While Nvidia stock has handily beaten the market, Micron shares have remained nearly flat thus far. Is this a signal that investors should start dumping Micron stock and load up on Nvidia?
Garrett Nelson, Senior Equity Analyst, CFRA Research, joins Yahoo Finance to discuss the hit to General Motors’s truck production due to the chip shortage and the impact of the shortage to the overall auto industry.
The $40bn (£29bn) takeover of the British silicon powerhouse Arm faces further delays as competition regulators in Brussels pack up for summer, stoking speculation that it could be forced to dust off plans for a float. The buyer, the US microchip maker Nvidia, has still not submitted its paperwork to the European Commission. This is now unlikely before September, owing to EU summer holidays, which start on Monday. Even after regulators receive the application, it could still be six months or lon