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China’s smart cars will drive fast, but not far

RPT-BREAKINGVIEWS-China’s smart cars will drive fast, but not far The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Katrina Hamlin HONG KONG, Oct 18 (Reuters Breakingviews) - Enthusiasm for connected cars is about to get a challenging road test in what could be Hong Kong's biggest initial public offering of the year.
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Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

EXCLUSIVE-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say Taylor, Texas project is central to Samsung chairman's growth ambitions Analysts see potential further delays for $17 bln Taylor project Samsung's foundry market share drops, widening gap with TSMC, says research firm Adds comments from analysts, data on Samsung foundry market share, industry background, and bullet points By Heekyong Yang, Hyunjoo Jin and Toby Sterling SEOUL, Oct 18 (Reuters) - Samsu
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Samsung delays taking deliveries of ASML's chip gear for its new US factory, sources say

EXCLUSIVE-Samsung delays taking deliveries of ASML's chip gear for its new US factory, sources say By Heekyong Yang, Hyunjoo Jin and Toby Sterling SEOUL, Oct 18 (Reuters) - Samsung Electronics 005930.KS has postponed taking deliveries of ASML ASML.AS chipmaking equipment for its upcoming factory in Texas as it has yet to win any major customers for the project, three people familiar with the matter said.
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China’s smart cars will drive fast, but not far

BREAKINGVIEWS-China’s smart cars will drive fast, but not far The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Katrina Hamlin HONG KONG, Oct 18 (Reuters Breakingviews) - Enthusiasm for connected cars is about to get a challenging road test in what could be Hong Kong's biggest initial public offering of the year.
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Intel Is Looking For A Deal That Values Altera At Around $17 Bln - CNBC

BRIEF-Intel Is Looking For A Deal That Values Altera At Around $17 Bln - CNBC Oct 17 (Reuters) - INTEL SEEKS BILLIONS FOR MINORITY STAKE IN ALTERA BUSINESS- CNBC INTEL IS LOOKING FOR A DEAL THAT VALUES ALTERA AT AROUND $17 BILLION- CNBC INTEL EXPRESSED TO SOME INVESTORS THAT IT WOULD BE POSSIBLE TO ACQUIRE A MAJORITY STAKE IN THE ALTERA BUSINESS -
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U.S. STOCKS Avery Dennison, Snap-On, Avadel Pharma

BUZZ-U.S. STOCKS ON THE MOVE-Avery Dennison, Snap-On, Avadel Pharma Wall Street rose on Thursday, with the S&P 500 and the Dow briefly reaching record highs, as chip stocks surged on TSMC's upbeat forecast and stronger-than-expected monthly retail sales indicated a robust U.S. consumer. .N At 13:36 ET, the Dow Jones Industrial Average .DJI was up 0
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Nvidia hits all-time high, US chip stocks rally after TSMC's strong Q3 results

BUZZ-Nvidia hits all-time high, US chip stocks rally after TSMC's strong Q3 results Updates stock activity for regular trading session ** Shares of Nvidia NVDA.O jump nearly 4% to new record and U.S.-listed chip stocks rally on Thurs after Taiwan Semiconductor Manufacturing Co's TSM.N Q3 profit beat forecasts on AI boom ** TSMC, the world's largest
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U.S. STOCKS Avery Dennison, Snap-On, Avadel Pharma

BUZZ-U.S. STOCKS ON THE MOVE-Avery Dennison, Snap-On, Avadel Pharma 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 Wall Street gained on Thursday, with the S&P 500 and the Dow touching intraday record highs, driven by TSMC's upbeat forecast and a bigger-than-expected rise in monthly retail sales indicating a strong U.S.
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Wall Street rises on chip rally, upbeat retail sales data

US STOCKS-Wall Street rises on chip rally, upbeat retail sales data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Retail sales rise 0.4% in September TSMC gains after forecasting Q4 revenue jump Elevance Health down after cutting annual profit forecast Indexes up: Dow 0.27%, S&P 500 0.38%, Nasdaq 0.65% Updated at 09:53 a.m.
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U.S. STOCKS PPG Industries, Travelers, ShiftPixy

BUZZ-U.S. STOCKS ON THE MOVE-PPG Industries, Travelers, ShiftPixy 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 were set to rise on Thursday, with an upbeat forecast from TSMC boosting semiconductor stocks, while a bigger-than-expected rise in September retail sales pointed to a strong U.S.
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Wall Street set for strong open after retail sales data, chip stocks boost

US STOCKS-Wall Street set for strong open after retail sales data, chip stocks boost For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. TSMC gains after forecasting Q4 revenue jump Elevance Health down after cutting annual profit forecast Russell 2000 futures flat Futures up: Dow 0.16%, S&P 500 0.45%, Nasdaq 0.85% Updated at 8:45 a.m.
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Nvidia hits record high as chip stocks rally on TSMC's rosy powered outlook

UPDATE 3-Nvidia hits record high as chip stocks rally on TSMC's rosy AI-powered outlook Add Nvidia's record high in paragraph 1, 5; updates share movement throughout Oct 17 (Reuters) - Shares of Nvidia NVDA.O hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC's strong sales forecast boosted investor optimism about demand for processors used to power artificial intelligence applications.
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U.S. STOCKS Meta Platforms, Elevance Health, Robinhood Markets

BUZZ-U.S. STOCKS ON THE MOVE-Meta Platforms, Elevance Health, Robinhood Markets 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 advanced on Thursday, with an upbeat forecast from TSMC boosting semiconductor stocks, while investors awaited key economic data for clues on the U.S.
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Futures up ahead of economic data, TSMC results lift chip stocks

US STOCKS-Futures up ahead of economic data, TSMC results lift chip stocks For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. TSMC gains after forecasting Q4 revenue jump Elevance Health down after cutting annual profit forecast Futures up: Dow 0.07%, S&P 500 0.41%, Nasdaq 0.83% Updated at 07:03 a.m.
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U.S. chip stocks rally as TSMC's backed outlook impresses investors

U.S. chip stocks rally as TSMC's AI-backed outlook impresses investors Oct 17 (Reuters) - U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications. Taiwan Semiconductor Manufacturing Co 2330.TW , the world's largest contract chipmaker, raised its expectation for annual revenue growth and said sales from AI chips would account for mid-teen percent
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US chip stocks rise after TSMC's strong Q3 results

BUZZ-US chip stocks rise after TSMC's strong Q3 results ** U.S.-listed chip stocks gain premarket after Taiwan Semiconductor Manufacturing Co's TSM.N Q3 profit beat forecasts on AI boom ** TSMC, the world's largest contract chipmaker, and a major Apple AAPL.O and Nvidia NVDA.O supplier, reported a forecast-beating 54% jump in quarterly profit on Th
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Futures rise as chip stocks rally after TSMC results; economic data in focus

US STOCKS-Futures rise as chip stocks rally after TSMC results; economic data in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.08%, S&P 500 0.39%, Nasdaq 0.72% Oct 17 (Reuters) - U.S. stock index futures gained on Thursday, with an upbeat forecast from TSMC lifting semiconductor stocks, while investors awaited key economic data for clues on the financial health of the U.S.
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TSMC bullish on outlook as AI boom blows Q3 profit past forecasts

UPDATE 4-TSMC bullish on outlook as AI boom blows Q3 profit past forecasts Expects Q4 revenue of $26.1 bln-$26.9 bln Sees 2024 capex at slightly higher than $30 bln Q3 profit is a record T$325.3 bln (market forecast T$300.2 bln) Q3 revenue jumps, beats market expectations Share price has soared on strong AI-related demand Adds details on AI demand, paragraph 5, CEO quote, paragraph 6, analyst quote, paragraphs 11, 12 By Yimou Lee, Ben Blanchard and Faith Hung TAIPEI, Oct 17 (Reuters) - TSMC, the
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TSMC bullish on outlook as AI boom blows Q3 profit past forecasts

UPDATE 5-TSMC bullish on outlook as AI boom blows Q3 profit past forecasts Expects Q4 revenue of $26.1 bln-$26.9 bln Sees 2024 capex at slightly higher than $30 bln Q3 profit is a record T$325.3 bln (market forecast T$300.2 bln) Q3 revenue jumps, beats market expectations Share price has soared on strong AI-related demand Adds U.S. chipmakers' shares in paragraph 8, TSMC's U.S.-listed shares in paragraph 9 By Yimou Lee, Ben Blanchard and Faith Hung TAIPEI, Oct 17 (Reuters) - TSMC, the world's la
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Intel China responds to accusations of security issues from Chinese cyber association

Intel China responds to accusations of security issues from Chinese cyber association BEIJING, Oct 17 (Reuters) - Intel's INTC.O China unit said on Thursday it has always prioritised product safety and quality, after an influential Chinese cybersecurity association called for a security review of the U.S. chipmaker's products sold in China. "We will maintain communication with the relevant authorities, clarify any concerns, and reaffirm our commitment to product safety and quality," the company
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