GCTS News Today: Stay Updated with the Latest GCT Semiconductor Holding, Inc. News in Real Time
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ASML Stock Surges 9.5% as Musk Pitches $55B Terafab, June 13
ASML stock surges 9.5% after Elon Musk pitches $55B Terafab chip factory. Dutch chipmaker holds monopoly on EUV lithography equipment.
Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…
SpaceX Debuts at $1.77 Trillion Valuation on Record $75B IPO, June 12
SpaceX raises record $75 billion in IPO at $135 per share, valuing the company at $1.77 trillion. Trading begins June 12 under ticker SPCX on Nasdaq.
European Stocks Rally as Oil Falls Near $93 on US-Iran Diplomatic Hopes; STOXX 600 Holds Gains
When oil falls, European stocks gain, and that trade is playing out precisely on June 12, 2026. The pan-European STOXX 600 navigated a choppy session this week as oil prices hovered near $93 per barrel following one of the biggest exchanges of hostilities between the US and Iran since the two countries agreed to a…
ECB Raises Rates 25 Basis Points as Iran War Stokes Inflation, June 12
ECB raises rates to 2.25% as eurozone inflation hits 3.2%, well above the 2% target. Growth forecasts cut to 0.8% for 2026.
SOFI Stock Surges 5.04% to $16.67: SoFi Technologies Director Gains 18,388 Shares Through RSU Settlement—Bullish Signal?
Sofi Stock attracted significant attention after shares of SoFi Technologies Inc. climbed 5.04% to $16.67 in a strong trading session. The gain came as investors assessed a recent regulatory filing showing that a company director received 18,388 shares through the settlement of restricted stock units (RSUs). The stock’s move higher reflects growing optimism around SoFi’s…
Advanced Micro Devices (AMD) Surges 7.97% to $488.45 as It Plans Over $10 Billion Investment in Taiwan Chip Expansion
AMD Stock gained significant attention after shares surged 7.97% to $488.45, driven by the company’s announcement that it plans to invest more than $10 billion across Taiwan’s semiconductor and artificial intelligence ecosystem. The move highlights AMD’s commitment to expanding its manufacturing capabilities and strengthening its position in the rapidly growing AI infrastructure market. Investors responded…
AVGO Shares Jump 3.62%: Broadcom Inc Looks Costly at 33.3x Earnings, But the 2028 Outlook Tells a Different Story
Broadcom Inc (AVGO) is back in focus after its shares jumped 3.62% in recent trading. The move reflects strong investor confidence in the semiconductor and AI infrastructure space. But there is a debate building in the market. On one side, Broadcom Inc looks expensive at around 33.3x earnings. On the other side, long-term investors see…
Japan Stock Market Today: Nikkei 225 Surges 2.87%, Led by Mitsui Mining and Disco Corp Gains
The Japan Stock market delivered an impressive performance as the Nikkei 225 Index surged 2.87%, reflecting strong investor confidence and renewed buying activity across key sectors. The rally was supported by gains in technology, semiconductor, industrial, and materials stocks, with investors focusing on companies that continue to benefit from growing demand in artificial intelligence, advanced…