Intel and Micron are slashing their near-term spending plans while promising to use taxpayer dollars on domestic production efforts.
Anxieties about looming inflation data and a selloff in semiconductor stocks weighed on the main U.S. benchmarks Tuesday.
Another day, another chip company warns on cratering demand.
The notion that the Federal Reserve will soon "pivot" toward slower interest rate hikes is misguided, according to one of BlackRock's equity analysts.
GlobalFoundries Inc. shares fell Tuesday after the chip manufacturer's strong outlook was eclipsed by recent signs that the global chip shortage has flipped into a glut.

Micron Technology just made two big announcements

05:51pm, Tuesday, 09'th Aug 2022 Invezz
Micron Technology Inc (NASDAQ: MU) blamed “waning demand” and lowered its outlook for the current financial quarter on Tuesday. Shares are down 5.0% at the time of writing. Micron expects a bigger
Micron Technology Inc. shares fall more than 5% in morning trading Tuesday after the memory-chip company said that it expects to be impacted by "challenging" market conditions.
A herd mentality of buying stocks among global analysts is a big red flag warning for investors, says Citi.

Stock Market News for Aug 9, 2022

01:34pm, Tuesday, 09'th Aug 2022 Zacks Investment Research
Stocks failed to hold on to early gains on Monday and ended almost flat as investors anxiously await the consumer price index report for July this week that will help them gauge how aggressive the Fed
Companies from Electronic Arts to Visa increased sales and had pricing power as inflation ran wild.

Micron Technology, Inc. (MU) Is a Trending Stock: Facts to Know Before Betting on It

01:00pm, Tuesday, 09'th Aug 2022 Zacks Investment Research
Micron (MU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Is Applied Materials Stock a Buy Now?

09:34am, Tuesday, 09'th Aug 2022 The Motley Fool
The semiconductor equipment maker faces a cyclical slowdown.
Largest ever investment in U.S. memory manufacturing will create an estimated 40,000 American jobs, strengthen national security and bolster supply chain resilience Largest ever investment in U.S. mem

Small-Caps Outperform, Most Indices Flat

09:49pm, Monday, 08'th Aug 2022 Zacks Investment Research
The S&P 500 and Nasdaq were -0.12% and -0.10%, respectively, while the small-cap Russell 2000 easily outpaced the rest of the pack: +1.17%.
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