Previous close | 8.90 |
Open | 8.90 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 460.00 |
Expiry date | 2025-01-17 |
Day's range | 8.90 - 8.90 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Semiconductor leaders Advanced Micro Devices (AMD) and Super Micro Computer (SMCI) are running into trouble as both of their shares are falling after reporting their prospective earnings results; AMD shares have been edging lower since reporting a first-quarter earnings beat on Tuesday, while Super Micro narrowly missed fiscal third-quarter revenue estimates. Yahoo Finance Markets Reporter Josh Schafer analyzes the latest earnings from chipmakers and what results are informing investors about potentially slowing AI catalysts. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
The stock market round-tripped big initial gains as AI plays such as Nvidia retreated. Carvana soared late on earnings.
South Korea's SK Hynix said on Thursday that its high-bandwidth memory (HBM) chips used in AI chipsets were sold out for this year and almost sold out for 2025 as businesses aggressively expand artificial intelligence services. The Nvidia supplier and the world's second-largest memory chipmaker will begin sending samples of its latest HBM chip, called the 12-layer HBM3E, in May and begin mass producing them in the third quarter. "The HBM market is expected to continue to grow as data and (AI) model sizes increase," Chief Executive Officer Kwak Noh-Jung told a news conference.