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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Huawei’s new AI chip set to challenge Nvidia: WSJ
August 13, 2024 7:15 AM EDTHuawei Technologies is nearing the launch of a new AI chip, the Ascend 910C, challenging NVIDIA (NASDAQ: NVDA) despite U.S. sanctions, according to a report by the Wall Street Journal on Tuesday.
The publication, citing people familiar with the matter, said Chinese tech companies have been testing the chip, which Huawei is said to have told potential clients, rivals... More
