Chipmakers Rise, Mosaic Falls on Iran War
On this episode of Stock Movers: -Chipmakers Intel, Advanced Micro Devices, and Nvidia (INTC, AMD, NVDA) rise after individual investors boosted purchases of technology shares to the highest level in a year last week, -Mosaic (MOS) shares fall after the fertilizer company forecast second-quarter phosphates sales volumes that missed the average analyst estimate and pulled its full-year production guidance, as higher Iran war-related costs pressure margins. -Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion, as demand for the…
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