India to fabricate its first chip in two years as companies pledge to expand in the country

India to fabricate its first chip in two years as companies pledge to expand in the country

Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will waive tariffs on industrial imports from four European nations for a $100 billion investment over 15 years, ending nearly 16 years of negotiations. Thierry Monasse | Getty Images … Read more

More all-time highs? Yes please

More all-time highs? Yes please

Traders work on the floor of the NYSE.  NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today All-time high, … Read more

A high of all-time highs

A high of all-time highs

Traders work on the floor of the NYSE.  NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today All-time high, … Read more

Why Wells Fargo (WFC) is jumping, and 3 things we want from COST earnings

Why Wells Fargo (WFC) is jumping, and 3 things we want from COST earnings

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Lost steam: Stocks are up Thursday, but the S & P 500 has come well off its highs of the morning. Similarly, the tech-heavy Nasdaq initially … Read more

Major global chip stocks rally on strong Micron forecast

Major global chip stocks rally on strong Micron forecast

Global chip makers are in focus amid a boom in artificial intelligence applications.  Sefa Ozel | E+ | Getty Images Global chip stocks rallied on Thursday after U.S. memory semiconductor maker Micron posted revenue guidance that topped expectations and boosted its share price. Micron forecast revenue for its quarter ending at the end of November … Read more

SK Hynix to start mass production of new HBM3E chip

SK Hynix to start mass production of new HBM3E chip

SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images SK Hynix shares surged more than 9% Thursday morning after the company said it has … Read more

India wants to become a semiconductor powerhouse, but it can’t do it on its own

India wants to become a semiconductor powerhouse, but it can’t do it on its own

Workers assembles smartphones at Dixon Technologies factory in Uttar Pradesh, India, on Thursday, Jan. 28, 2021.  Bloomberg | Bloomberg | Getty Images India has big ambitions to become a semiconductor powerhouse as the world’s fifth-largest economy pushes for self-reliance in manufacturing. Indian Prime Minister Narendra Modi has set numerous goals to propel the country’s semiconductor … Read more

10 things to watch in the stock market Wednesday, including automaker downgrades

10 things to watch in the stock market Wednesday, including automaker downgrades

Top 10 things to watch Wednesday, Sept. 25 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. The S & P 500 is on track for a muted open Wednesday following another record close Tuesday. Club holding Nvidia helped lift the market Tuesday but earnings loom from fellow … Read more

What’s likely to move the market

What’s likely to move the market

A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024.  Andrew Kelly | Reuters Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up … Read more

Inflation data and earnings from Costco, KB Home

Inflation data and earnings from Costco, KB Home

CNBC’s Jim Cramer on Friday walked investors through next week’s notable Wall Street action, pointing to quarterly reports from Costco and KB Home, as well as new economic data that could inform the Federal Reserve’s next decision about interest rates. But regardless of the week’s events, Cramer said the Fed’s successful start to the easing … Read more