Shares of Broadcom AVGO fell sharply on Tuesday as investors continued to rotate away from high-growth technology stocks. The decline came despite the company's announcement of a major artificial intelligence infrastructure partnership with Apollo Global Management and Blackstone. Broadcom stock dropped 6.2%

Shares of Veeco Instruments VECO moved sharply higher on Tuesday after the semiconductor equipment maker announced a follow-on order for its Nanosecond Annealing System (NSA500). The move signals growing customer confidence in the company's technology for advanced chip manufacturing. The stock

Nvidia chief executive Jensen Huang brought Qualcomm (QCOM) in focus late Monday, issuing an explicit public endorsement of the rival chipmaker. Speaking to tech executives and reporters during his highly anticipated press tour in Seoul, Huang praised QCOM’s dominance in mobile

Tesla stock (TSLA) plunged around 5% on Tuesday, giving back much of the previous session's gains as a broader selloff in technology and semiconductor stocks weighed heavily on investor sentiment. The electric-vehicle maker's stock had surged roughly 4.5% on Monday but

Apple AAPL shares fell 4.4% on Tuesday, a day after the company unveiled a series of artificial intelligence initiatives at its annual Worldwide Developers Conference (WWDC). The decline put the stock on track for its worst daily performance since February. The

Nvidia (NVDA) stock reversed early gains and traded lower on Tuesday, despite Apple confirming that some of its artificial intelligence services will run on Nvidia hardware as part of the iPhone maker's broader AI strategy. Shares of Nvidia fell 1.3% to

Micron MU shares fell 1.7% on Tuesday, reversing a small portion of its 10% gains on Monday. The decline came after a volatile period for semiconductor stocks, with Micron shares having fallen about 20% over two trading days last week, including