US clears sales of Nvidia's H200 chip
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SK Hynix is a top supplier of memory chips to Nvidia, whose AI accelerators have become the backbone of the AI race.
For much of 2026, the chip trade has been the only show on Wall Street. The iShares Semiconductor ETF (SOXX) is still up 77% year to date through May 11, Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) has more than doubled,
The hyperscalers may not be profiting yet from their massive infrastructure spending, but the hardware companies are.
Key Takeaways Semiconductor stocks climbed Wednesday as Nvidia CEO Jensen Huang joined other tech CEOs attending a summit in China with President Trump.The CEOs of Qualcomm and Micron are also among the group of more than a dozen CEOs at the two-day summit.
Samsung, Intel and Taiwan Semiconductor are the only three companies in the world capable of manufacturing the most advanced chips needed for AI.
Sandisk is up 552% year-to-date, while Intel and Micron have spiked more than 175%. Here's what behind the move.
Shares surge after Citrini Research highlights the power chip maker in a memo on semiconductors.
The immediate impulse might be to jump in the chip rally. If you're in that camp, a more measured approach might be to use options and risk less capital.