Chipmakers Micron, AMD Become Top WallStreetBets Interests Alongside Clover Health, SoFi
Chipmakers Micron Technology Inc. and Advanced Micro Devices Inc. have joined Clover Health Investments Corp. and SoFi Technologies Inc. as the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum.What Happened: Micron emerged as the most-discussed stock on the forum with 525 mentions and was followed by medical insurance technology company Clover Health with 495 mentions during the last 24 hours at press time, data from Quiver Quantitative showed.AMD took the third spot with 4
Nvidia’s Planned Arm Takeover Gets Boost From Chip Giants
Nvidia Corp.’s $40 billion proposed acquisition of U.K. semiconductor group Arm Ltd.got a boost after three of the world’s largest chipmakers expressed support for the controversial deal.Broadcom Corp.,MediaTek Inc.and Marvell Technology Group Ltd. are the first customers of the Cambridge, U.K.-based Arm to publicly support the takeover, which has raised concerns on national security grounds, the Sunday Times reported.The endorsement comes as the U.K. Competition and Markets Authority prepares t