|Day Low/High||18.22 / 18.70|
|52 Wk Low/High||15.43 / 27.20|
Gainers trail losers among Apple suppliers. Hon Hai Precision Industry up 1.6%; Infineon Technologies falls 3.8%.
Dow rebounds in final minutes, Alphabet, Facebook and other big tech names sink on reports of government investigations into their practices.
Infineon Technologies agreed to buy Cypress Semiconductor Monday in a deal that values the San Jose-based chipmaker at just over $10 billion.
U.S. stock futures fall as investors react to escalating trade tensions between the U.S. and China; Germany's Infineon Technologies will acquire Cypress Semiconductor in a deal with an enterprise value of €9 billion ($10.1 billion); The Department of Justice is gearing up for an investigation of Alphabet's Google unit, a report says.
- Infineon CEO Ploss: "Landmark step in Infineon's strategic development. We will be able to offer our customers the most comprehensive portfolio for linking the real with the digital world.
Is the temporary license granted for U.S. exports to Huawei part of the ongoing attempt to reach a trade deal -- or is it early stages of what might end up as a protracted cold war?
Given the sidestepping of trade restrictions for the European chipmakers, they could be poised to fill the void left by larger U.S. competitors that have long been dominant in the region.
Global tech stocks were active Monday as investors re-set price expectations for major suppliers to Huawei Technologies, the world's biggest telecoms equipment maker, following last week's move by the Commerce Department to blacklist the China-backed group from doing business with the United States.
Global stocks edged higher Monday, although a surge in oil prices linked to tensions in the Gulf region kept investors cautious, as last week's move by the White House to remove tariffs on steel imports from Canada and Mexico added to optimism of a near-term breakthrough in trade talks with China.
Infineon Technologies AG and E2open received the prestigious Singapore International Chamber of Commerce (SICC) Award in the category of Best Technological Collaboration.
The EU is on the ropes. The economy there is in flames.
European semiconductor shares traded sharply higher Wednesday, lifting U.S. rivals such as AMD and Micron following a report that suggests a key Asia supplier is seeing more orders for smartphone chips heading into the second quarter.
Infineon shares extended declines Thursday after Europe's biggest chipmaker cautioned that 2019 profits would likely fall short of analysts' forecasts thanks in part to weakness in China's sputtering auto market.
With Infineon's REAL3 TM Image Sensor Chip, LG Offers Enhanced Security and Depth Measuring Selfie Camera SEOUL, KOREA AND MUNICH, Feb.
With Infineon's REAL3™ Image Sensor Chip, LG's Latest Flagship Offers Enhanced Security and Depth Measuring on Selfie Camera
Texas Instruments' defiant fourth-quarter earnings, which echoed a series of concerns from chip-making peers, may have signaled a bottom for the semiconductor sector as investors look to second half 2019 growth to revive performance for beaten-down stocks.
ASML shares fell sharply in Amsterdam Wednesday after the semiconductor supplier cautioned that delayed orders and swelling inventories would hit first quarter sales, echoing concerns for the sector as chip prices fall and smartphone demand wanes.
Taiwan Semiconductor the world's biggest contract chipmaker and a lead supplier for Apple iPhones, posted tepid fourth quarter earnings Thursday but cautioned that near-term sales would slide the most in 10 years as global smartphone markets continue to slow.
Global stocks pared gains Wednesday, following the biggest single-day surge on Wall Street in more than six months, as investors shifted focus to the strength of U.S. corporate earnings season even as geopolitical tensions and ongoing trade disputes capped gains in Europe and Asia.
ASML shares surged to the top of the European market Wednesday, lifting tech peers in its wake, as the chipmaker forecast stronger-than-expected fourth quarter sales for its key lithography machines and topped analysts forecast for third quarter earnings in what could mark a late cycle rebound for the beaten-down sector.
Metawave Corporation today announced the first ever industry demonstration of advanced radar that is able to detect automobiles and their speed at 300 meters, and pedestrians and bicycles as far as 180 meters.
The global smartphone market is contracting and its beginning to bite these companies.
President Donald Trump's latest trade war threat has global stocks on the ropes Tuesday and Wall Street looking at a 400 point opening bell decline.
Tech stocks are holding up stocks in Europe and pacing early gains for U.S. equity futures as yesterday's record close for the Nasdaq revives sector bulls amid ongoing concerns for global trade and growth.
Apple's German listed shares jumped to a six-week high, while its European supply chain surged, following a stronger-than-expected second quarter earnings report and a robust revenue outlook for the three months ending in June.
Global stocks were mixed Wednesday, with European stocks looking at modest gains after a muted session in Asia, as investors take a cautious stance amid a surging U.S. dollar and rising oil prices.
Wall Street looks set to avoid major selloff when markets open.
European Apple suppliers feel pinch on reports that the company will bring chipmaking in-house, and as tech rout persists.
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