Tech Sector Rebound
Semiconductor and software stocks rally as Wall Street stabilizes following a severe sell-off, while Indian electronics manufacturer Bhagwati Products reports strong revenue growth.
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- EVENTEuropean shares flat as AI valuation caution offsets defence sector interest
Investors pause on tech rallies while rotating into geopolitical hedges, keeping the STOXX 600 range-bound.
- MARKETUS stocks open higher as chip sector rebounds from weekly losses
Broad-based gains lift S&P 500 and Nasdaq at the open, with semiconductor shares leading the recovery after a volatile week.
- EVENTBernstein raises ASML price target, sees further upside after stock doubles
The Dutch lithography maker has surged over the past year, but the investment bank maintains an outperform rating and forecasts additional gains.
- MARKETThai startup TAI partners with Malaysian chipmaker Oppstar on AI chip development
The cross-border alliance aims to capture a share of the $410 billion AI chip market, adding to regional competition as Nvidia faces manufacturing delays.
- MARKETSemiconductor stocks rally as analysts dismiss sector top fears
Bullish calls from top strategists counter cyclical peak warnings, fueling renewed buying interest in chip equities despite broader market caution.
- MARKETMembrane Group and Kurita form JV to supply India's semiconductor water infrastructure
The joint venture targets critical upstream support for India's expanding chip ecosystem, aligning with recent government funding for a second semiconductor mission.
- MARKETMembrane Group partners with Kurita to supply India's semiconductor water infrastructure
The joint venture targets advanced process water treatment for chipmakers, aligning with India's $15bn push to expand its domestic semiconductor ecosystem.
- MARKETIndia clears $15bn for second semiconductor mission to expand chip ecosystem
New funding targets equipment and design capabilities, signaling a push to deepen domestic manufacturing amid global supply-chain diversification.
- MARKETDow Jones breaks 52,000 for first time as tech rally broadens
Blue-chip index hits historic milestone on Monday, driven by Alphabet's debut and a return of risk appetite across six S&P 500 sectors.
- MARKETSemiconductor stocks lead Wall Street's tentative recovery after tech sell-off
US equities opened higher Wednesday as investors sought to stabilize markets following a brutal session for technology shares, with semiconductor names at the center of the repricing.
- UPDATEBhagwati Products crosses ₹17,000 crore revenue milestone on smartphone demand
The electronics manufacturer's expansion into the broader value chain signals deepening integration in India's manufacturing sector, even as broader telecom and e-commerce growth slows.
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- MARKETSoftware stocks surge on renewed market optimism
Investors are betting on a sustained rebound in the sector after a sharp rebound in May.