Computing chip stocks surged in early trading, with ASIC chips leading the gains

2024-12-16 09:38:21

Computing chip stocks surged in the morning session, with ASIC chips leading the gains. Code Education, Zhaolong Interconnect, Broadcom Technology, and VeriSilicon rose by more than 10%. Ebru, Canxin Holdings, and Broadcom Integrated Circuit were among the top gainers.

Broadcom

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
                            2024-12-27

                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
                            2024-12-23

                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27