Broadcom Shares Hit Two-Week High; Last Up 2.9%
Broadcom shares reached a two-week high after Wall Street banks and Blackstone lined up $63 billion to finance the company’s AI chips for Anthropic.
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Broadcom shares reached a two-week high after Wall Street banks and Blackstone lined up $63 billion to finance the company’s AI chips for Anthropic.
(Updates with European prices, analyst's comments) Chipmakers drop across the globe on competition concerns US bank earnings to show impact of rising yields on lending, dealmaking and funding Treasuries rise as investors seek safety, oil markets in focus By Ankur Banerjee and Sruthi Shankar Oct 13 (Reuters) — World sto
Major indexes ended last week with gains, while Treasury yields and crude oil moved modestly. Taiwan Semiconductor and ASML are among the key earnings reports due this week, alongside several major banks and inflation data.
ASML and Taiwan Semiconductor are due to report this week, with investors focused on guidance and capital spending. The article also notes Nvidia, Dell and Snowflake near buy points ahead of the reports.
Major U.S. indexes finished the week higher, while semiconductors and AI names weakened ahead of coming results from Taiwan Semiconductor and ASML. The piece also flags next week’s bank earnings and key U.S. inflation data.
The hottest trade of 2026 is showing cracks. Semiconductors, the year’s defining momentum bet, have reversed hard in two sessions with the sector benchmark — the iShares Semiconductor ETF (NASDAQ: SOXX ) — plunging 12.9%. • What is going on now with SOXX shares? The reading marks the sharpest two-day decline since Marc