Articles by Sarah Chen
TSMC Shares Surge on Renewed AI Infrastructure Spending Optimism
TSMC's U.S.-listed shares jumped 5.5% Friday as semiconductor stocks rallied, fueled by renewed investor confidence in AI-related capital expenditure. The chipmaker will report January sales figures on February 10.
KLA Leads Chip Equipment Surge on Amazon Capex Boost
KLA Corp shares rallied 8.4% to $1,442.95, leading chip-equipment stocks higher after Amazon announced a major increase in capital spending. The PHLX Semiconductor Index gained 5.7%.
Texas Instruments Lags Chip Rally as Investors Eye Acquisition and Spending Plans
Texas Instruments shares declined 1.13% on Friday, underperforming a broader semiconductor surge. The company's annual report outlined 2025 revenue of $17.68 billion and reduced 2026 capital expenditure plans.
China Mobile A-Shares Dip as BeiDou Satellite Service and Tax Hike Weigh on Telecom Outlook
China Mobile's A-shares edged lower ahead of the weekend, with investors eyeing the rollout of BeiDou satellite messaging and potential margin pressure from a higher VAT rate on telecom services.
CATL Gains on Sodium-Ion Battery Partnership with Changan Ahead of Earnings
CATL shares advanced 1.7% in Shenzhen as the battery maker's sodium-ion collaboration with Chanan Auto drew investor focus. Attention now turns to Monday's market reopening and the upcoming March earnings report.
Intel Surges 4.9% to $50.59 Amid AI Investment Buzz, China Supply Concerns
Intel shares rallied nearly 5% to $50.59 Friday as reports of server chip shortages in China and a planned AI investment attracted buyers. Key U.S. economic data due next week could impact tech stocks.
Alibaba's AI App Surge Drives Stock Gains Ahead of Earnings
Alibaba's U.S.-listed shares rose 3% after its Qwen AI app giveaway triggered massive demand and service disruptions in China. Investors now await the company's February 19 earnings report.
Cloud Stocks Rally Despite Amazon's Massive Capex Plan
Cloud ETFs gained Friday as investors weighed AI's impact on software growth. Amazon fell sharply after projecting $200 billion in 2026 capital expenditures.
Bitcoin Hovers Near $69K Ahead of Market Reopen, ETF Flows Reverse
Bitcoin declined 1.1% to $68,917 in weekend trading as market participants await Monday's U.S. session and key inflation data. Spot bitcoin ETFs saw $330.7 million in net inflows on Feb. 6, reversing outflows from the prior day.
XRP Dips to $1.42 Amid Weekend Volatility, Extending Weekly Slide
XRP declined approximately 5% to trade near $1.42 on Saturday, extending a weekly loss of 22% as thin liquidity amplified price swings. Bitcoin recovered above $70,000, while Ripple unveiled an Institutional DeFi roadmap.
Oracle Shares Bounce Back Amid $20 Billion Equity Offering Plan
Oracle's stock ended an eight-day losing streak, rising 4.65% to $142.82, as the company outlines a $20 billion share-sale program to fund cloud expansion. Investors are weighing dilution risks against growth needs.