Tag: Computer Hardware

US to award Samsung $6.4 bln in grants for Texas chip production complex

The Biden administration will award up to $6.4 billion in grants to South Korea’s Samsung to expand its chip production in central Texas as part of a broader effort to expand U.S. chipmaking, the Department of Commerce said on Monday.

Super Micro Computer Stock Falls on Plans to Sell 2 Million Shares

Super Micro Computer was falling Tuesday after the maker of servers that help with artificial-intelligence applications filed to sell 2 million common shares.

HP forecasts downbeat first-quarter profit amid slow PC market recovery

Nov 21 (Reuters) – HP Inc (HPQ.N) on Tuesday forecast first-quarter profit below Wall Street estimates but maintained annual earnings outlook, a sign that demand in the personal computers market is still recovering, sending its shares down nearly 4% after market.