
Asian Chip Stocks Slide as Nvidia Turmoil Hits Taiex
Asian chip stocks sold off sharply on Nov 12: Taiwan's Taiex fell 2.63% as Nvidia's leadership crisis hit TSMC, while SK Hynix slipped 1.8% and Samsung rose.
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Everything Pomegra has published on NVDA: 30 news articles and 30 market briefs, newest first.
Nvidia (NVDA) fell 5.5% to $168.89 and 17.5% in five days as its board probes CEO Jensen Huang's tie to an alleged Chinese spy and a shareholder suit lands.
1d ago
Apple (AAPL) closed at $350.69, pushing its value to $5.1 trillion as tech stocks rebounded sharply.
1d ago
TSMC (TSM) said October revenue hit $17.88B, up 59.7% from a year ago, as AI chip demand stays strong.
2d ago
AMD (AMD) rose as Micron added 5% and ASML 6%, while Oppenheimer cites rising AI data center sales.
3d ago
The S&P 500 (^GSPC) added about $1T as the Nasdaq rose 2.6% and oil slid, easing last week's AI selloff.
3d ago
Nvidia (NVDA) fell 9% as Democrats' wins in data-center states fueled fears for the AI infrastructure buildout
3d ago
Chip stocks (SOX) led a selloff that cut the Dow by 1,833 points and pushed the Nasdaq into a correction.
3d ago
Nvidia (NVDA) trades near $180 versus Friday's $186.64 close as its board examines a Chinese spy link.
3d ago
Anthropic (ANT) seeks $80B–$100B in its Nasdaq IPO, with buyers now eyeing $1.3T–$1.5T after a tech selloff.
3d ago
S&P 500 (^GSPC) rose as the Nasdaq gained 1.6% and the VIX fell, with Nvidia and Micron bouncing back
6d ago
The Cboe Volatility Index (VIX) posted its third-largest one-day rise as the S&P 500 fell 4.4% on AI fears.
6d ago
The S&P 500 (SPX) awaits the October jobs report, with 65,000 new jobs and 4.2% unemployment expected.
6d ago
South Korea's Kospi (KS11) fell below 5,000 as Samsung and SK Hynix sank 10% or more on US AI regulation fears
6d ago
The Dow Jones (^DJI) lost 1,833 points as the S&P 500 fell 4.4% and Nasdaq slid 5.5% on AI data center fears.
6d ago
Nvidia (NVDA) led chip stocks lower as the semiconductor index dropped about 10% on AI spending doubts.
Nov 5
AMD (AMD) posted record data center sales of $8.55B and guided Q4 revenue to about $17B, above forecasts.
Nov 4
Nasdaq 100 (NDX) ended at 27,989.82, its third correction of 2026, as Big Tech earnings stoked AI doubts
Nov 3
OpenAI raised only about $11B so far, adding to AI-spending worries that weighed on Nvidia (NVDA) shares.
Nov 2
Intel (INTC) guided Q4 sales to $15–16B and 25 cents a share, well below Wall Street's $17.1B and 43 cents.
Nov 2
Apple (AAPL) reports after the close today with Wall Street expecting $113B in sales and $1.99 a share.
Nov 2
Philadelphia Semiconductor Index (SOX) fell 7.2% as SOXX lost 17% in October on AI spending doubts.
Nov 1
Nvidia (NVDA) closed at $215.38 as the DOJ asks if its $12.9B Hugging Face buy gives it AI gatekeeping power.
Oct 29
Cerebras (CBRS) closed at $119.31 on Oracle's 2027 cloud plan, still about 36% below its $185 IPO price.
Oct 28
Intel (INTC) closed at $93.74 as it agreed to buy Classiq and New Street upgraded it before earnings.
Oct 28
Meta (META) will sell $35B of stock now and up to $60B later, with shares down 1.8% early, to pay for AI.
Oct 26
CoreWeave (CRWV) shares slid as AI-related borrowing quadrupled to nearly $500 billion, IO Fund says.
Oct 26
Apple (AAPL) hit a record $351 and a $5.1T value before Nvidia regained the top spot by $20B at the close.
Oct 26
SpaceX (SPCX) locked in funding for chips arriving in 2027, while Musk warns 200+ AI cloud firms may fail.
Oct 26
Meta (META) closed at $648.85 as AI spending turned cash flow negative and Nvidia warned of tight funding
Oct 23
Intel (INTC) and Marvell fell over 5% premarket as Tesla and Meta earnings left AI spending doubts.
Oct 22

Asian chip stocks sold off sharply on Nov 12: Taiwan's Taiex fell 2.63% as Nvidia's leadership crisis hit TSMC, while SK Hynix slipped 1.8% and Samsung rose.

AMD gained about 3% to 4% and Broadcom 5% to 6% on Nov. 12 as investors shifted out of Nvidia after CEO Jensen Huang resigned, and William Blair upgraded AMD to outperform.

Nvidia CEO Jensen Huang resigned effective immediately, CFO Colette Kress is interim chief, and the stock fell as market value dropped below $4 trillion.

Cerebras reports Q3 2026 results after the close Thursday, with about $215 million in revenue expected and OpenAI demand and margins in focus after a 57% slide in three months.

The Commerce Department is finalizing a rule to bar Chinese AI firms from renting Nvidia chips in offshore data centers, ahead of the Trump-Xi APEC meeting.

The STOXX 600 closed at a record 663.05 as the DAX rose 1.2%, with strong earnings and easing Mideast tensions lifting European equities.

Corning (GLW) rose as much as 10% after Jefferies initiated at Buy with a $134 target, framing it as an AI optical-fiber play, not a phone-glass story.

AI stocks fell sharply after the midterms as voters backed data-center limits in 40 of 41 measures and Democrats won Texas, Ohio and Georgia governorships.

The S&P 500 rose 1.3% to 7,619 and the Nasdaq gained 1.6% on Wednesday as CoreWeave earnings and Anthropic's IPO outlook revived the AI trade on Wall Street.

CoreWeave raised 2026 revenue guidance to $13.0-13.3B after Q3 sales of $3.66B beat estimates, sending shares up about 20% as backlog reached $132.5B.

TSMC (TSM) posted record October revenue of NT$586.89 billion, up 59.7% from a year earlier, lifting its shares as AI chip demand powered an Asian tech rebound.

OpenAI's Q3 2026 revenue topped $10 billion, up about 50% from Q2, but its operating loss widened to $10.9 billion, testing the economics behind AI stocks.

Nvidia (NVDA) shares fell about 4% Monday and 5.5% Tuesday to a low since March as the board probes CEO Jensen Huang and a new shareholder suit lands.

South Korea's tech-heavy KOSDAQ surged about 5% on Wednesday, triggering a buy sidecar as AI stocks rebounded across Asia ahead of Nvidia's earnings next week.

Microsoft shares fell about 3% after Anthropic unveiled Claude Sheets, Whiteboards and Data, AI workplace tools aimed at Office and Excel ahead of its IPO.

The $42 billion 10-year Treasury auction cleared at 5.02% with its widest tail since February as foreign demand fell most since 2016, lifting rate fears.

Fed Governor Waller backs a December hike and is open to 50 basis points after a hot core CPI print, lifting fed rate bets to about 15% for a half-point move.

Securitize (NYSE: SECZ) rose about 10% after hours on its third-quarter results, as tokenized assets on its platform grew 9% to $4.8 billion.

Coherent rose 16.8% and Monolithic Power 16.6% on Nov. 9 as AI stocks rebounded from a sharp selloff, with Teradyne up 12.7% and the S&P 500 up 2.35%.

CoreWeave reports Q3 2026 results after the bell as investors weigh $3.5B in expected revenue against heavy debt, interest costs and a $104B backlog.

Google's new TPU 8tx and TPU 8i Max chips, plus a customer base nearing 100 that includes Apple, Meta and Oracle, widen its push against Nvidia in AI hardware.

Nvidia shares fell 4.3% to $178.67 after its board opened an inquiry into CEO Jensen Huang's ties to a suspected Chinese spy, and a class action followed.

Broadcom (AVGO) climbed 8.8% to $319.48 on Nov. 9 as AI stocks rebounded and the Philadelphia semiconductor index logged its best day since late July.

Wall Street posted its best day since April on Monday, with the Dow up 2.2% as Brent crude fell below $93 and chip stocks rebounded.

AMD shares rose about 8% to near $487 on Monday after Oppenheimer upgraded the chipmaker to Outperform with a $600 target, citing record Q3 results and AI data-center demand.

China's October producer prices rose 5.7%, the fastest since June 2022, while consumer inflation eased to 0.7%, as Asian equities rebounded on Monday.

CoreWeave (CRWV) reports third-quarter results Tuesday after a roughly 50% monthly slide, with debt costs and AI neocloud demand in focus for AI stocks.

Bitcoin stalls below $76,000 as spot ETFs shed $1.28 billion in a week and altcoins slide, tracking the risk-off mood across financial markets today.

Democrats' midterm sweep revived fears of tougher AI data center rules, driving a selloff in Tesla, SpaceX, Palantir and chip stocks and a Nasdaq correction.

AI stocks sank Thursday as the Dow lost 1,833 points and the Nasdaq entered a correction, wiping $1 trillion off big tech. Friday's rebound was partial.