Tech Advances as Traders Chase Gains in Sector - Tech Roundup

Dow Jones

2025/07/18

Shares of technology companies rose as traders continued to chase gains in the sector.

Taiwan Semiconductor Manufacturing is accelerating its expansion in Arizona to meet soaring U.S. demand from clients in artificial intelligence and high-performance computing.

Shares of CoreWeave plunged after analysts at brokerage HSBC cut their rating on the cloud-computing concern, saying its specialization in artificial-intelligence services could be its Achilles heel, as tech firms turn to providers with more general cloud services.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

July 17, 2025 17:26 ET (21:26 GMT)

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