Marius Grobler

Infinity Lounge

Category: Uncategorized

Why AI-Focused Semiconductor Leaders Taiwan Semiconductor Manufacturing, Broadcom, and Marvell Technology Plunged Today

Shares of most artificial intelligence (AI)-related semiconductor stocks, including Taiwan Semiconductor Manufacturing (NYSE: TSM), Broadcom (NASDAQ: AVGO), and Marvell Technology (NASDAQ: MRVL), were falling hard on Wednesday, down 4.5%, 4.3%, and 6.6%, respectively, as of 12:49 p.m. ET.Most AI-related hardware stocks, including Nvidia, were down sharply on three bits of news. One, the U.S. added about 50 Chinese companies and 80 total companies to the export “entity list," which could restrict semiconductor sales globally.Second, analysts at TD Cowen released a note today saying that Microsoft had canceled some data center projects totaling about 2 gigawatts (GW), which is a significant amount.Continue readinghttps://www.fool.com/investing/2025/03/26/why-ai-focused-semiconductor-leaders-taiwan-semico/

Update: Lumber Prices Up 15% YoY

This is something to watch again. Here is another monthly update on lumber prices.SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16, 2023.  I switched to a physically-delivered Lumber Futures contract that was started in August 2022.  Unfortunately, this impacts long term price comparisons since the new contract was priced about 24% higher than the old random length contract for the period when both contracts were available. This graph shows CME random length framing futures through August 2022 (blue), and the new physically-delivered Lumber Futures (LBR) contract starting in August 2022 (Red).On March 26, 2025, LBR was at $678.00 per 1000 board feet, up 15% from a year ago. Click on graph for larger image. There is somewhat of a seasonal demand for lumber, and lumber prices frequently peak in the first half of the year. We didn’t see a significant runup in the Spring period of 2023 or 2024 due to the housing slowdown.  The recent increase might be due to tariffs.  This is the highest price since the pandemic related shortages.http://www.calculatedriskblog.com/2025/03/update-lumber-prices-up-15-yoy.html