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Nvidia rises, eyes record as chip stocks advance

BUZZ-Nvidia rises, eyes record as chip stocks advance ** Shares of AI darling Nvidia NVDA.O rise as much as 3.6% to $139.60 on Mon and on track for record high close as chip stocks outperform ** NVDA last up 3% at $138.89 and within spitting distance of stock's intraday all-time peak of $140.76 achieved in Jun ** Stock adding to last week's 7.9% rally and now up ~180% YTD ** Goldman Sachs, which rates NVDA 'buy", boosted its PT late Fri by $15 to $150, inline with Wall Street median, per LSEG da
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TSMC third-quarter profit seen jumping 40% on strong AI chip demand

PREVIEW-TSMC third-quarter profit seen jumping 40% on strong AI chip demand Analysts expect third-quarter profit of $9.27 bln Q3 revenue jumps, beats market expectations Stock price has leapt on chip demand for AI applications Earnings call at 0600 GMT on Thursday By Ben Blanchard and Faith Hung TAIPEI, Oct 14 (Reuters) - Taiwan Semiconductor Manufacturing Co 2330.TW , the main producer of advanced chips used in artificial intelligence applications, is expected to report a 40% leap in third-quar
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Reuters U.S. Sports Schedule at 1:48 PM EDT on Sunday, October 13

Reuters U.S. Sports Schedule at 1:48 PM EDT on Sunday, October 13 Oct 13 (Reuters) - Reuters U.S. sports schedule at 1:48 PM ET on Sunday: - - - - FOOTBALL NFL Colts' Joe Flacco to start vs. Titans Indianapolis Colts quarterback Joe Flacco will receive his second straight start in Sunday's game against the Tennessee Titans in Nashville, Tenn. FOOTBALL-NFL-TEN-IND-FLACCO-RICHARDSON, Field Level Media Today's games: (All times ET) Jacksonville vs.
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Boeing's year of turbulence in five charts

GRAPHIC-Boeing's year of turbulence in five charts By Nathan Gomes Oct 11 (Reuters) - Boeing BA.N has been mired in crisis all year. The year began with a mid-air panel blowout on a new 737 MAX jet that exposed safety and quality problems; in March, then CEO Dave Calhoun decided to step down , and now new chief executive Kelly Ortberg is contending with an increasingly acrimonious standoff with about 33,000 unionized workers .
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Mobileye down; Mizuho downgrades to 'neutral' on slowing auto sales

BUZZ-Mobileye down; Mizuho downgrades to 'neutral' on slowing auto sales ** Shares of Self-driving tech firm Mobileye Global MBLY.O fall 2.3% to $12.01 premarket ** Mizuho downgrades MBLY to "neutral" from "outperform" and cuts PT to $13 from $30, citing challenges for co with weaker EyeQ and SuperVision expectations ** EV and autos sales are slowing in MBLY's key U.S.
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Dividend outlay fog may lift after elections

LIVE MARKETS-Dividend outlay fog may lift after elections Nasdaq ~flat, S&P 500 slips, Dow off ~0.3% Real estate weakest S&P sector; Energy leads gainers Dollar, gold up; crude rallies ~4%; bitcoin dips U.S. 10-Year Treasury yield rises to ~4.11% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com DIVIDEND OUTLAY FOG MAY LIFT AFTER ELECTIONS Dividends continued to grow in Q3, but at
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AMD sees next AI chip in mass production later this year

UPDATE 6-AMD sees next AI chip in mass production later this year Adds CEO comments, background, updates shares, paragraphs 2-3 and 11-12 AMD's MI325X AI chip to start mass production in Q4 2024 Next-gen MI350 series chips to release in H2 2025 with improved performance New server and PC chips unveiled based on Zen 5 architecture Shares fall nearly 5% By Max A.
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ASMI, BESI slip after Deutsche Bank cuts PTs

BUZZ-ASMI, BESI slip after Deutsche Bank cuts PTs ** Shares in BE Semiconductor Industries (BESI) BESI.AS and ASM International (ASMI) ASMI.AS slip after Deutsche Bank reviewed its estimates and cut PTs ** ASMI is down 4%, BESI slides 3% by 0816 GMT; both stocks are at the bottom of Amsterdam's benchmark index .AEX ** DB cuts its PT on BESI by 19% to 125 euros, seeing shipments for hybrid bonding equipment, its top of the line tool used in next gen memory chips, down to 50 units in 2025 from 80
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Bosch, Tenstorrent to collaborate on standardizing automotive chips

Bosch, Tenstorrent to collaborate on standardizing automotive chips By Max A. Cherney SAN FRANCISCO, Oct 10 (Reuters) - German industrial giant Bosch will collaborate with U.S. chip startup Tenstorrent to develop a platform for standardizing the building blocks of automotive chips, Tenstorrent executives said. The plans include developing a standard method to use a building block of modern chips, called chiplets , to create systems that can power vehicles with significantly different needs , Ten
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Nvidia rally persists; investors eye rate cuts as AI trade fuel

BUZZ-Nvidia rally persists; investors eye rate cuts as AI trade fuel ** AI chip front-runner Nvidia's shares rise 3.9% to $132.64 after raking in four consecutive days of gains ** Investors shifting focus to hints on Federal Reserve's future rate decisions; cuts expected to help allay some concerns over Big Tech pulling back on hefty AI investments
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Qualcomm’s Apple threat explains interest in Intel

BREAKINGVIEWS-Qualcomm’s Apple threat explains interest in Intel The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Robert Cyran NEW YORK, Oct 8 (Reuters Breakingviews) - Qualcomm QCOM.O is humming. The semiconductor company’s market value has risen 50% this year to around $190 billion, and the wireless company’s businesses should generate $11 billion of excess cash for its fiscal year, which ends in September.
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Ireland spins global tax mess into $28 bln of gold

RPT-BREAKINGVIEWS-Ireland spins global tax mess into $28 bln of gold The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan DUBLIN, Oct 8 (Reuters Breakingviews) - Jack Chambers has an unusual problem for a finance minister: too much money. The Irishman last week said he expected a 24-billion-euro budget surplus in 2024, thanks to an Apple AAPL.O back tax bill and ballooning receipts from other large U.S.
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Ireland spins global tax mess into $28 bln of gold

BREAKINGVIEWS-Ireland spins global tax mess into $28 bln of gold The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan DUBLIN, Oct 8 (Reuters Breakingviews) - Jack Chambers has an unusual problem for a finance minister: too much money. The Irishman last week said he expected a 24-billion-euro budget surplus in 2024, thanks to an Apple AAPL.O back tax bill and ballooning receipts from other large U.S.
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U.S. STOCKS Summit State Bank, Vista Outdoor, Sable Offshore

BUZZ-U.S. STOCKS ON THE MOVE-Summit State Bank, Vista Outdoor, Sable Offshore Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes fell on Monday, pressured by rising Treasury yields as markets recalibrated expectations for the Federal Reserve rate cuts, while rising conflict in the Middle East kept traders on the sidelines.
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U.S. STOCKS Super Micro, Netflix, Vista Outdoor

BUZZ-U.S. STOCKS ON THE MOVE-Super Micro, Netflix, Vista Outdoor Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes fell on Monday, pressured by rising Treasury yields as markets recalibrated expectations for the Federal Reserve rate cuts, while rising conflict in the Middle East kept traders on the sidelines.
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AI assistant developer Cerence up, former Intel head Brian Krzanich named CEO

BUZZ-AI assistant developer Cerence up, former Intel head Brian Krzanich named CEO ** Shares of automobile-focused AI software company Cerence Inc CRNC.O jumps ~28% to $3.44 ** Co says Stefan Ortmanns to be replaced by Brian Krzanich, former CEO of CDK Global and Intel INTC.O , effective immediately ** Ortmanns to leave CRNC after nearly three year
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Inflection AI and Intel Launch Enterprise AI

BRIEF-Inflection AI and Intel Launch Enterprise AI Oct 7 (Reuters) - Intel Corp INTC.O : INTEL - INFLECTION AI LAUNCHING INFLECTION FOR ENTERPRISE, AN AI SYSTEM POWERED BY INTEL GAUDI & INTEL TIBER AI CLOUD INTEL: INFLECTION FOR ENTERPRISE WILL BE SHIPPED TO CUSTOMERS IN Q1 2025 Source text for Eikon: [ID:] Further company coverage: INTC.O
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U.S. STOCKS Pfizer, Mobileye, Arcadium Lithium

BUZZ-U.S. STOCKS ON THE MOVE-Pfizer, Mobileye, Arcadium Lithium Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures dipped on Monday as investors recalibrated their expectations for Federal Reserve rate cuts this year, while also exercising caution amid heightened geopolitical tensions and ahead of key inflation data, policymaker comments, and third-quarter e
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AI startups ride on investor frenzy to raise billions in 2024

FACTBOX- AI startups ride on investor frenzy to raise billions in 2024 Oct 4 (Reuters) - OpenAI recently closed a $6.6 billion funding round at a $157 billion valuation that highlighted the enthusiasm around generative artificial-intelligence technology since the startup burst onto the scene with the launch of ChatGPT in late 2022. Since then a number of AI startups have managed to attract funding from well-known venture-capital funds and angel investors.
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Biden exempts some semiconductor factories from environmental reviews

UPDATE 1-Biden exempts some semiconductor factories from environmental reviews Adds details of bill, comments by U.S. lawmakers, White House, background, paragraphs 2-13 By David Shepardson WASHINGTON, Oct 2 (Reuters) - President Joe Biden on Wednesday signed legislation that will exempt some U.S. semiconductor manufacturing facilities from federal environmental reviews that are receiving government subsidies.
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