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Tower Semiconductor forecasts upbeat Q4 revenue; unveils $350 mln investment plan

Tower Semiconductor forecasts upbeat Q4 revenue; unveils $350 mln investment plan Nov 13 (Reuters) - Israeli contract chipmaker Tower Semiconductor TSEM.TA forecast its fourth-quarter revenue above estimates on Wednesday, driven by a recovery in demand for its chips, and said it plans to invest $350 million to expand capacities. The U.S.-listed shares of the company were up 7.5% in premarket trading.
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Skyworks Solutions forecasts quarterly results below estimates on weak auto demand

Skyworks Solutions forecasts quarterly results below estimates on weak auto demand Nov 12 (Reuters) - Apple supplier Skyworks Solutions SWKS.O forecast firs t-qu arter revenue and profit below Wall Street estimates on Tuesday, indicating weak demand from automotive and industrial clients. Shares of the California-based company fell 3.1% in extended trading.
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From banks to small-caps, Trump win sparks big rally in stocks

UPDATE 6-From banks to small-caps, Trump victory drives rally in stocks Legacy automakers rise, smaller EVs drop Prison operators soar, steel stocks climb China ADRs, US renewable stocks fall Adds chart and updates prices By Medha Singh Nov 6 (Reuters) - Donald Trump's U.S. presidential election victory boosted the stock market on Wednesday as investors bet on lower corporate taxes and deregulation, lifting shares of Tesla TSLA.O , banks, small-cap companies and Trump's own media company.
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ST targets China growth after trimming forecast again

UPDATE 3-ST targets China growth after trimming forecast again Sees FY revenue at low end of guidance on weak industrial demand Growth depends on expansion in Chinese EV market, says CEO Wins power driver contract for AI Q3 EBIT falls 69.3%, but beats market expectations Q3 revenue in line with analysts' forecasts Recasts with outlook on China paragraphs 1-4, adds AI in paragraphs 5-7 By Nathan Vifflin Oct 31 (Reuters) - European chipmaker STMicroelectronics (ST) STMPA.PA on Thursday trimmed its
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US chip stocks down after AMD, QRVO dour forecasts

BUZZ-US chip stocks down after AMD, QRVO dour forecasts Updates ** U.S.-listed chip stocks fall after Advanced Micro Devices AMD.O and chipmaker Qorvo QRVO.O dour forecasts ** AMD on Tuesday forecast Q4 rev. just shy of estimates and raised its AI chip sales forecast to $5 bln for 2025 - not enough to impress i nvestors looking for a bigger windfal
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US chip stocks fall after AMD's downbeat Q4 revenue forecast

CORRECTED-BUZZ-US chip stocks fall after AMD's downbeat Q4 revenue forecast Corrects bullet 2 to say $5 billion AI chip sales forecast is for 2024, not 2025 ** U.S.-listed chip stocks fall premarket after Advanced Micro Devices AMD.O revenue forecast failed to impress investors looking for a bigger windfall from the AI boom ** AMD on Tuesday forecast Q4 rev.
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Belgium's Melexis sees lower Q4 sales, adjusts FY guidance amid inventory cuts

UPDATE 1-Belgium's Melexis sees lower Q4 sales, adjusts FY guidance amid inventory cuts Adds context in paragraph 2, CEO comment in 4&5, detail in 6-8 By Dagmarah Mackos Oct 30 (Reuters) - Belgium's largest semiconductor supplier Melexis MLXS.BR forecast fourth-quarter sales below expectations, prompting a slight cut in its full-year outlook as car makers temporarily cut inventories amid uncertainty about short-term demand.
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The rise and decline of Intel

RPT-TIMELINE-The rise and decline of Intel Repeats unchanged Oct 29 (Reuters) - Intel INTC.O CEO Pat Gelsinger inherited a troubled company that had lost its edge in manufacturing skills and had ceded to rivals the hugely lucrative markets for chips used in mobile phones and artificial intelligence. 1968 - Robert Noyce and Gordon Moore found Intel, helping reshape California's Santa Clara Valley from fruit orchards into the Silicon Valley tech hub.
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The rise and decline of Intel

TIMELINE-The rise and decline of Intel Oct 29 (Reuters) - Intel CEO Pat Gelsinger inherited a troubled company that had lost its edge in manufacturing skills and had ceded to rivals the hugely lucrative markets for chips used in mobile phones and artificial intelligence. 1968 - Robert Noyce and Gordon Moore found Intel, helping reshape California's Santa Clara Valley from fruit orchards into the Silicon Valley tech hub.
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Onsemi's downbeat forecast casts doubt on auto chip recovery

Onsemi's downbeat forecast casts doubt on auto chip recovery Oct 28 (Reuters) - Chipmaker Onsemi ON.O projected fourth-quarter revenue and profit below Wall Street estimates on Monday, citing persistent soft demand for semiconductors in the auto sector. The outlook contrasts with more optimistic commentary from companies like Texas Instruments TXN.O , which reported improving demand from China's car market.
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U.S. stocks weekly: Tap the brakes

RPT-BUZZ-U.S. stocks weekly: Tap the brakes Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX snaps six-week winning streak, loses 1% as corporate reports pour in .N ** This as the benchmark index sees another spooky turn ** Dow .DJI also ends six-week string of gains, though Nasdaq Composite .IXIC extends its winning streak to seven weeks ** With this, the composite finally scores a fresh record intraday high ** Benchmark U.S.
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U.S. stocks weekly: Tap the brakes

BUZZ-U.S. stocks weekly: Tap the brakes ** S&P 500 .SPX snaps six-week winning streak, loses 1% as corporate reports pour in .N ** This as the benchmark index sees another spooky turn ** Dow .DJI also ends six-week string of gains, though Nasdaq Composite .IXIC extends its winning streak to seven weeks ** With this, the composite finally scores a fresh record intraday high ** Benchmark U.S.
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Teradyne forecasts strong Q4 results on steady chip-testing demand

Teradyne forecasts strong Q4 results on steady chip-testing demand Oct 23 (Reuters) - Teradyne TER.O forecast fourth-quarter profit and revenue above Wall Street estimates on Wednesday, owing to accelerated demand for its semiconductor-testing equipment, sending its shares up 2.5% in extended trading. Growing demand from memory chips and cloud compute firms that offer AI capabilities is benefiting Teradyne, as the chip-testing technology provider helps ensure the performance of semiconductors, e
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Wall Street closes down, pressured by tech losses and worries about rates

US STOCKS-Wall Street closes down, pressured by tech losses and worries about rates McDonald's falls after E. coli outbreak Texas Instruments up as profit beats forecasts Boeing falls after results; contract vote awaited Tesla earnings expected after the bell Adds official closing numbers, volume and updates individual stock prices By Lisa Pauline Mattackal, Purvi Agarwal and Carolina Mandl Oct 23 (Reuters) - Wall Street closed lower on Wednesday, as climbing Treasury yields pressured megacap st
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Wall Street closes down, pressured by tech losses and worries about rates

US STOCKS-Wall Street closes down, pressured by tech losses and worries about rates McDonald's falls after E. coli outbreak Texas Instruments up as profit beats forecasts Boeing falls after results; contract vote awaited Tesla earnings expected after the bell Updates at 4pm ET/8pm GMT By Lisa Pauline Mattackal, Purvi Agarwal and Carolina Mandl Oct 23 (Reuters) - Wall Street closed lower on Wednesday, as climbing Treasury yields pressured megacap stocks and investors grew less confident about str
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Wall St tumbles as higher Treasury yields hit tech companies

US STOCKS-Wall St tumbles as higher Treasury yields hit tech companies McDonald's falls after E. coli outbreak Coca-Cola boost revenue outlook, keeps profit forecast Boeing falls after results; contract vote awaited Tesla earnings expected after the bell Indexes down: Dow %, S&P 500 %, Nasdaq % Updated at 2:07pm ET/6:07pm GMT By Lisa Pauline Mattackal, Purvi Agarwal and Carolina Mandl Oct 23 (Reuters) - Wall Street fell on Wednesday, led lower by megacap stocks as U.S.
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U.S. STOCKS Apple, Hershey, Dow

BUZZ-U.S. STOCKS ON THE MOVE-Apple, Hershey, Dow 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's main indexes fell on Wednesday as worries of a less dovish Federal Reserve lifted Treasury yields, pressuring megacap stocks and amplifying losses in McDonald's and Coca-Cola shares.
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Wall St stumbles as bond yields rise; McDonald's, Coca-Cola slip

US STOCKS-Wall St stumbles as bond yields rise; McDonald's, Coca-Cola slip For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. McDonald's falls after E. coli outbreak Coca-Cola sees revenue boost from rising soda demand Boeing falls after results; contract vote awaited Tesla earnings expected after the bell Indexes down: Dow 0.70%, S&P 500 0.66%, Nasdaq 1.09% Updated at 11:55 a.m.
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Baker Hughes Co BKR.OQ +3.9% Texas Instruments Inc TXN.OQ +3.5% NXP Semiconductors NV NXPI.OQ +2.8% ON Semiconductor Corp ON.OQ +2.5% Moderna Inc MRNA.OQ +1.6% Bottom Performers Percent Change CoStar Group Inc CSGP.OQ -9.3% Arm Holdings PLC ARM.OQ -5.5% Old Dominion Freight Line Inc ODFL.OQ -4.7% PDD Holdings Inc PDD.OQ -3.8% Palo Alto Networks Inc PANW.OQ -2.9% The Nasdaq 100 .ND
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U.S. STOCKS Magnite, Nvidia, Tesla

BUZZ-U.S. STOCKS ON THE MOVE-Magnite, Nvidia, Tesla 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's main indexes moved lower on Wednesday, as worries of a less dovish Federal Reserve lifted Treasury yields, while losses in McDonald's and Coca-Cola also weighed on investors' minds.
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