Hot discussion on WSB | IBM takes over ASML, boosting chip stocks

Yesterday, ASML, the leading lithography machine company, announced its performance, and its stock price rose by 5% before the market opened and 9% at the close, driving NVIDIA and AMD to reach new historical highs, with increases of 2.5% and 5.8% respectively. For more details, please see: WSB Hot Stock | ASML's Performance is Impressive, Stock Price Rises by 5% Before the Market Opens

This morning, IBM announced its earnings report, and its stock price is currently up 8% before the market opens. It ranks 6th in terms of popularity and is expected to continue to boost chip stocks.

Recently, semiconductor stocks have been soaring, and the catalyst timeline for stock price increases is as follows:

First, from January 9th to 12th, at the Consumer Electronics Show (CES), NVIDIA and AMD announced new chips, leading to consecutive increases in their stock prices. Secondly, on January 16th, AMD was collectively favored by analysts and rose by 8%.

On January 18th, TSMC announced its earnings report, showing the overall recovery of the semiconductor industry, and its stock price rose by nearly 10%, once again boosting chip stocks.

Last night, ASML, the leading lithography machine company, rose by 9% after releasing its earnings report, once again driving AMD and NVIDIA to reach new highs.

Tonight, IBM's stock price is up 8% before the market opens. Can it once again drive chip stocks?

It is worth mentioning that Tesla's earnings report fell short of expectations, and its stock price fell by more than 8% before the market opened. It ranks first on the WSB popularity list.

Data source: apewisdom, the most discussed stocks in the past 24 hours

Note:

The Wall Street Bets (WSB) channel on Reddit was created in 2012. This investment community currently attracts more than 14 million users and is a gathering place for retail investors to discuss US stocks. The stocks discussed in this channel are often the hottest stocks at the moment. Due to the channel's influence, it may also drive stock price movements.

Risk Warning:

WSB hot stocks, especially for small companies (such as the previous GameStop and AMC), may experience greater volatility due to retail investors' pursuit or abandonment. Please be aware of the risks.