‘Nasty’ chip stock rout plunges Nasdaq into correction territory Markets A global rout in chip stocks plunged the Nasdaq into correction territory on Tuesday just hours after South Korea’s bourse was forced to halt trading, in a sharp change of fortunes for what has been one of the year’s top performing exchanges. New York’s tech-heavy index fell nearly two per cent at the US market [...]
AI infrastructure boom helps power Halma to record sales and profit Tech The AI infrastructure boom helped underpin another record year at Halma as the FTSE 100 safety and equipment maker delivered more than £2.5bn in annual revenue for the first time. The 130-year-old group, which owns dozens of specialist businesses across safety, healthcare and environmental tech, posted record revenue and profit, extending a growth streak that [...]
Chip makers and defence contractors power profit upgrade for London tech stock Renishaw Tech London-listed engineer Renishaw upped its profit guidance on Monday, sending its shares to the top of the FTSE 250, helped by demand from defence contractors and chipmakers. The Gloucestershire-based precision tech firm is known for its precision equipment used in the lithography process of making microprocessors. On Monday, it pointed to “a substantial expansion” of [...]
Raspberry Pi shares soar as revenue set to surge past expectations March 31, 2026 Shares in Raspberry Pi jumped early on Tuesday morning after the mini computer seller said its revenue was set to surge past market expectations. The London-listed business said its full-year profitability is anticipated to be in-line with market estimates, with revenue “materially higher.” Pre-tax profit increased 63 per cent to $26.5m, as revenue grew 25 [...]
Arm is opening a chip shop. This could be transformative March 26, 2026 Fascinating news came on Tuesday night that semiconductor designer Arm confirmed rumours that it would be launching its own chip. For those not in the know, Cambridge-based Arm has so far only focused on semiconductor architecture – the blueprint that determines how chips work – and then licences that out to tech firms who choose [...]
Arm boss says lack of risk appetite ‘holding UK back’ February 2, 2026 The chief executive of British semiconductor company Arm has said the UK’s lack of risk appetite is holding businesses back. Speaking on the Master Investor Podcast with Wilfred Frost, Rene Hass, who leads the Nasdaq-listed firm Arm holdings, said startups in the UK struggled to grow because of scale opportunities in the UK arising from [...]
AI and defence demand for chips sends IQE shares soaring January 12, 2026 Shares in semiconductor giant IQE surged 25 per cent to 9.18p on Monday morning, after the wafer supplier said it expects its full year results to hit the upper end of its guidance, thanks to a recovery in AI and defence-related demand. The Cardiff-based company now forecasts 2025 revenue of around £97m, and adjusted earnings [...]
US military won’t invade Greenland, but Wall Street Warriors might January 7, 2026 A US military invasion of Greenland would be self-defeating, but both sides have a great deal to gain from harmonious financial relations, writes James Gray.
How did South Korea clinch the top spot in global markets? November 13, 2025 Stock markets across the globe have shrugged off months of geopolitical and economic turmoil with all major indexes rallying since the start of the year. The FTSE has risen 19.8 per cent since January, hitting record highs,while the Nasdaq has jumped 21.7 per cent buoyed by the AI boom, and Japan’s Nikkei 255 reaped the [...]
British chipmaker Ensilica becomes latest victim of Jaguar Land Rover cyberattack October 16, 2025 British chipmaker Ensilica is thought to have become the latest supplier to Jaguar Land Rover to take a hit from the carmaker’s cyberattack, as the firm cut its supply expectations for the forthcoming year. The Oxford-based business saw its shares tumble on Thursday after it revised down its revenue expectations to £28-30m for the year [...]