
Arm Holdings stock sinks over 8% as memory chip shortage fears hit phone production
Arm and Qualcomm shares dropped as memory chip shortages hurt phone output; AI demand shifts supply to data centers. Samsung, SK Hynix, and Micron lead.

Arm and Qualcomm shares dropped as memory chip shortages hurt phone output; AI demand shifts supply to data centers. Samsung, SK Hynix, and Micron lead.

Sensex Today | Stock Market LIVE Updates: For the Nifty index 25,800 mark is the first barrier for the index, while 25,500 remains a key…

Shares of Trent closed above the mark of ₹4,000 for the first time after January 12 on Wednesday. The stock is still down over 40%…

The MSCI Asia Pacific Index declined 0.3% during the open. South Korea’s Kospi Index led losses, declining 1.6%.

More and more investors now believe that the software industry might be undergoing a broader structural shift, a view that could spur increased deal activity,…

The shares dropped 17% to $200.19 on Wednesday, the largest one-day drop since May 2017. By Tuesday’s end, they had increased 13% this year. In…

WTI fell 0.7 cents per barrel, or 1%, to $64.5 per barrel at 2347 GMT. Brent crude futures resume trading at 0100 GMT.

Nasdaq’s fall was led by AMD, which fell 17%. AMD’s fall took other chipmaker stocks along with it. Nvidia’s shares fell 3.5%, Broadcom fell nearly…

Shares of Microsoft, which fell as much as 7.5% in extended trading, recovered those losses but are still down around 1.5%. The capex announcement led…

There has been a consistent effort from Qualcomm to diversify its client base into cars, PCs and data centers, but these new avenues have not…