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Tech Stocks Slip on Asian Chip Manufacturers Lowered Guidance

Tech Stocks Slip on Asian Chip Manufacturers Lowered Guidance

Major Asian chip manufacturer, Taiwan Semiconductor Manufacturing (NYSE: TSM) reported weaker than expected financial results for its first quarter results, which led to it lowering its second quarter and full year guidance. The downgrade caused a s..

Analyst Lowers AMD and Nvidia Price on Crypto Mining Chip Forecast

Analyst Lowers AMD and Nvidia Price on Crypto Mining Chip Forecast

Susquehanna analyst, Christopher Rolland lowered his price target for Advanced Micro Devices Inc. (NASDAQ: AMD) and Nvidia Corporation (NASDAQ: NVDA) as specialized cryptocurrency mining chips will be released this year.Rolland reduced his rating to..