THE LATEST Updates and analysis as Trump's tariffs on Canada, Mexico, and China loom on Tuesday Jakarta - Delayed Quote • IDR PT Wijaya Karya (Persero) Tbk (WIKA.JK) Follow Compare 204.00 0.00 (0.00%) At close: February 17 at 4:14:58 PM GMT+7 Related News Crypto stocks rally, bitcoin jumps as Trump touts US crypto reserve Crypto stocks rallied Monday after Trump said in a post on Truth Social that his administration will create a US crypto reserve. Nvidia, Broadcom testing out Intel's chipmaking process: Report Intel (INTC) is reportedly undergoing tests by AI chipmakers Nvidia (NVDA) and Broadcom (AVGO) on its manufacturing process, according to Reuters. Intel's 18A chip technology, used in advanced artificial intelligence (AI) processors, puts it in direct competition with Taiwan Semiconductor Manufacturing Company (TSM). Seana Smith and Madison Mills report more on Intel's refocus on contract manufacturing, a key initiative under former CEO Pat Gelsinger, that may drive future success. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Josh Lynch Chinese buyers are getting Nvidia Blackwell chips despite U.S. export controls Upholding export controls on semiconductor chips made in the U.S. made chips may be harder than Washington D.C. thinks. Chinese buyers are getting their hands on computing systems with Nvidia's Blackwell chips through third-party traders located in other regions, the Wall Street Journal reported. Buyers in Malaysia, Taiwan and Vietnam are buying these resources for their own use and reselling a portion to companies in China, the Wall Street Journal added. Just a week before leaving office, forme Why Tesla stock still has a fan in Cathie Wood Tesla still has a believer in Cathie Wood. Tariffs & jobs data, retail earnings, crypto reserve: 3 Things US stock futures (ES=F, NQ=F, YM=F) are moving higher in Monday's pre-market trading of March as Wall Street anticipates the February jobs report due out this Friday and braces for President Trump's tariffs against Canada, Mexico, and China to take effect. Major retailers Target (TGT), Costco (COST), Abercrombie & Fitch (ANF), and more are set to post their latest earnings results throughout this week. After bitcoin (BTC-USD) soared back above $90,000 over the weekend, Trump gave a new statement on the coins that will be included in the US strategic crypto reserve. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Allegro MicroSystems (ALGM) Stock Trades Up, Here Is Why Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) jumped 22.3% in the morning session after Bloomberg reported the company is fielding takeover interests from peer, ON Semiconductor. The sources added that there could be other bidders in the mix too. Most acquisitions close at a premium, raising the possibility that existing investors could exit their positions at a higher price if Allegro strikes a deal with a buyer. TG Therapeutics, A New Leaderboard Stock, Skyrockets 17% On Sales Beat, Bullish Guide TG Therapeutics stock skyrocketed Monday after easily beating fourth-quarter sales expectations and issuing a bullish outlook for 2025. Intel (INTC) Stock Trades Up, Here Is Why Shares of computer processor maker Intel (NASDAQ:INTC) jumped 6.6% in the pre-market session after Reuters reported that Broadcom and Nvidia are running tests on Intel's 18A manufacturing process, highlighting the company's (INTC) progress and the potential to attract high-caliber customers. With high expectations surrounding Intel's Foundry business, these updates lend credibility to the growing hype, and even the speculation about a potential acquisition on the unit, suggesting there may be re Why Coinbase (COIN) and MicroStrategy (MSTR) Are Advancing Today Coinbase (COIN) and MicroStrategy (MSTR) are climbing 1.5% and 2%, respectively, today after President Donald Trump provided some details on America’s upcoming crypto strategic reserve yesterday. Trump’s Statements on the Crypto Strategic Reserve In the wake of Trump’s executive order on the reserve, issued in January, the U.S. intends to stockpile five cryptocurrencies, the president […] Nvidia Stock Downgraded by Summit Insights Group Amid AI Market Concerns The firm is the only one on Wall Street to downgrade Nvidia stock post-earnings. Taiwan Semiconductor to Invest $100 Billion in U.S. Chip Plants Taiwan Semiconductor Manufacturing plans to invest $100 billion to build out chip-making facilities in the U.S., according to people familiar with the matter. The company intends to make the investment over the next four years as part of a federal effort that could be announced as soon as later today, The Wall Street Journal first reported. TSMC didn’t immediately respond to a request for comment from Barron’s. A Shocking AI Chip Scandal Just Rocked the Market--And Nvidia Could Be Caught in the Crossfire Singapore's fraud case reveals a potential AI chip smuggling network--raising serious questions for Nvidia, Dell, and global regulators. Is Taiwan Semiconductor Manufacturing Company Limited (TSM) the Tech Stock with High Upside Potential? We recently published a list of 10 Tech Stocks with High Upside Potential. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands against other tech stocks with high upside potential. As per Forrester Research, Inc., despite persistent inflation, the US real GDP is expected to increase […] Bitcoin Rises As Coinbase Seeks SEC Crypto Industry Probe Details Amid Trump's Bitcoin Reserve Plans; Is Coinbase Stock A Buy Now? Coinbase jumped but pared some gains on Monday after President Donald Trump's Truth Social post suggested that a Bitcoin Strategic Reserve fund plan was still on the table. Bitcoin cleared $90,000. Is Coinbase stock a buy or sell now? Factbox-Intel's divisions in spotlight as TSMC, Broadcom circle Broadcom has examined Intel's chip design and marketing unit, while TSMC has separately studied acquiring some or all of its chip plants, according to the Wall Street Journal. The division designs its chips and is one of the most accomplished historically but has faced fierce competition from Advanced Micro Devices in the personal computer and data-centers markets. Evercore adds Best Buy to Underperform list, Kroger on Outperform list Investing.com -- Evercore ISI added Best Buy (NYSE:BBY) to its Underperform list while it added Kroger (NYSE:KR) to its outperform one, ahead of the both retailers fourth-quarter earnings report. Intel could get a boost from Nvidia and Broadcom Intel’s (INTC) faltering chip manufacturing business could get a boost from its rivals. Sunnova Energy Shares Tumble After Reporting Earnings With 'Going Concern' Warning; Secures $185 Million Loan Sunnova Energy International's (NOVA) share price was tumbled 53% in Monday trading after the solar Nvidia Stock Slides Monday, Extending Post-Earnings Selloff Nvidia shares slid Monday, extending last week's post-earnings losses amid concerns about AI spending and the potential impact of policies on tariffs and AI chip export restrictions. Intel Stock Climbs as Nvidia and Broadcom Run Tests of Its Chipmaking Arm Shares of Intel rose Monday following a Reuters report that chip designers Nvidia and Broadcom are running tests of Intel’s manufacturing process, putting the company potentially in-line for major semiconductor contracts. Performance Overview Trailing total returns as of 3/3/2025, which may include dividends or other distributions. Benchmark is IDX COMPOSITE Return WIKA.JK IDX COMPOSITE YTD -16.39% -7.91% 1-Year -15.00% -10.84% 3-Year -79.60% -5.08%