The U.S.-China rivalry over semiconductor technology is rocking the chips sector. While the tensions pose a headwind for popular chip stocks like Nvidia there are several companies well placed to benefit, according to Citi analysts. Fears over the vulnerability of Taiwan, as well as broader considerations of national security, are driving U.S. and European investment in semiconductor manufacturing.

BE Semiconductor is having an epic year, and it could be a top winner thanks to developing chip technology trends.

At the end of 2023, many investors are likely looking back and seeing they don't have enough exposure to one of the most important business shifts we have experienced: artificial intelligence (AI) implementation. UiPath (NYSE: PATH) has products focused on robotic process automation (RPA). This software allows users to automate repetitive tasks, but it isn't necessarily AI technology.

(Bloomberg) -- When ASML Holding NV Chief Executive Officer Peter Wennink took over a decade ago, he was leading an under-the-radar Dutch technology company where China sales were an afterthought.Most Read from BloombergTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Banking Escapees Make Billions From Private Credit BoomIsrael Says Hamas Violated Terms of Cease-Fire as Truce LapsesPutin Seizes Rights to St. Petersburg Airport From Foreign InvestorsBonds Up as Powell Pushba

(Bloomberg) -- Betting on whether the good times roll on for the Nasdaq 100 index hinges on two points: that the Federal Reserve is done raising rates this cycle and that the economy avoids a recession.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Cities to Live In Right NowBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyBanking Escapees Make Billions From Private Credit BoomKissinger, Diplomat Who Defined US For

ASML Holding N.V. (NASDAQ: ASML) looks to appoint Christophe Fouquet, currently ASML's Chief Business Officer and member of the Board of Management, as the company's next CEO. The appointment is subject to notification of the annual meeting on April 24, 2024. Also Read: ASML Stock Drops As Key Supplier TSMC Reportedly Postpone Deliveries Amidst Industry Demand Concerns On the same date, ASML's current CEO, Peter Wennink, will retire from ASML upon completing his current appointment terms. Earlie

Well, the best-in-class GPUs produced by Nvidia are powered by chips made by Taiwan Semiconductor Manufacturing. One of those equipment manufacturers is ASML (NASDAQ: ASML), a Dutch equipment manufacturer specializing in producing extreme ultraviolet systems. This technology has only been developed and produced by ASML, giving it a de-facto technological monopoly.

(Bloomberg) -- ASML Holding NV’s shares have booked a tenfold gain over the decade-long tenure of outgoing Chief Executive Officer Peter Wennink, yet in the high-flying world of the semiconductor industry that’s nothing out of the ordinary.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Cities to Live In Right NowBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyBanking Escapees Make Billions From Private Credit Boom

Peter Wennink, chief executive of chipmaking equipment manufacturer ASML, will step down in April after more than a decade at the helm of Europe’s most valuable tech company. ASML’s board has appointed Christophe Fouquet, a chip industry veteran who is chief business officer, as Wennink’s replacement, the group said on Thursday. Martin van den Brink, ASML’s technology chief and co-president alongside Wennink, will also retire next spring after almost 40 years at the Dutch company.

The latest investor updates on stocks that are trending on Thursday.