Tag: Semiconductors

TSMC, Sony to invest $4.7 billion in joint venture for image sensors

Taiwanese chipmaker TSMC and Sony Group said on ‌Tuesday they will form a $4.69 billion joint venture to ‌develop and make next-generation image sensors in southern Japan, with volume production ​expected to start in 2029.

World’s biggest chipmaker TSMC’s sales surge 45% amid buoyant AI demand

Taiwan Semiconductor Manufacturing Co on Monday reported a big sales jump for July, as demand for its AI-related chips continued to strengthen.

Intel announces $15 billion common stock offering

Intel Corporation announced today a $15 billion underwritten public offering of common stock, according to a press release statement.

SK Hynix to invest $38 billion building new memory chip plants as demand soars

SK Hynix said on Friday it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip manufacturing plants, as demand for the components, which are key to AI, continues to grow.

AMD’s revenue climbs 50% and data center sales doubled, but the stock is down

Advanced Micro Devices reported second-quarter earnings on Tuesday that beat expectations, but the stock slumped in extended trading after rising during regular trading hours.

Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance

Qualcomm reported fiscal third-quarter earnings on Wednesday that were in line with analyst expectations, but it provided light guidance for current-quarter earnings on in-line revenue, blaming the ongoing supply crunch for computer parts, especially memory. Shares fell in extended trading.

China’s reported chip breakthrough comes with some big caveats

ASML’s stock fell Tuesday after a report that China is mass-producing a critical tool that the Dutch tech giant has long held a monopoly over.

Nvidia in talks to provide $250 bln guarantee for OpenAI data center project

Nvidia is in talks to provide a roughly $250 billion financial guarantee for OpenAI as part of a massive data center project in Ohio, in a deal that would rank among the largest financing arrangements in the artificial intelligence industry, the Wall Street Journal reported on Monday.

Chipmaker CXMT’s 466% market debut surge makes it the most valuable China-listed company

Shares of chipmaker Changxin Technology Group soared nearly 466% Monday in their debut on Shanghai’s tech-heavy STAR Market, making CXMT the most valuable China-listed company.

Intel’s stock jumps as chipmaker rides AI boom to fastest revenue growth in almost 15 years

Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations. The stock rose about 4% in extended trading.

Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports

South Korea’s Samsung is in talks to invest hundreds of millions ​of euros in the AI start-up Mistral, as part ‌of a fundraising round that could value the group at roughly €20 billion ($22.81 billion), the Financial Times reported on Wednesday, citing sources.

TSMC to raise chipmaking prices by 10% next year, Nikkei reports

Taiwan Semiconductor Manufacturing plans to hike prices for both advanced and mature chip production services by up to 10% starting in 2027, Nikkei Asia reported Tuesday, citing multiple sources.

Nebius stock surges as Nvidia discloses 9.3% stake in neocloud

Nebius stock surged on Tuesday after Nvidia disclosed a 9.3% stake in the neocloud.

AMD launches Helios, its first rack AI system to rival Nvidia, adding Microsoft as newest buyer

After a decade-long comeback, chip giant Advanced Micro Devices is preparing to ship its first rack-scale system for artificial intelligence, called Helios, to a growing list of customers that now includes Microsoft.

TSMC posts record profit and pledges $100bn to expand US manufacturing

Taiwan-based TSMC reported earnings of $4.31 per share for the April-June quarter, beating analysts’ expectations.

Samsung Electronics denies report that it is exploring US listing

Samsung Electronics denied on Tuesday a report that it ‌was in the early stages ‌of exploring a potential U.S. offering of American ​Depositary Receipts (ADRs).

Meta expands Louisiana data center to 5 gigawatts, investment crosses $50 billion

Meta (META.O) said on Monday its data center in Richland Parish, Louisiana, will expand to 5 ​gigawatts of compute capacity, with investment in the project increasing ‌to more than $50 billion.

Intel announces $5.7 billion AI-driven capital investment in Ireland

Intel has begun a €5 billion ($5.7 billion) capital investment to upgrade its Irish campus and expand its ‌European output to meet growing global demand for AI and high-performance computing, ‌the U.S. chipmaker said on Monday. Intel said the move would upgrade and maximize capacity at its 

TSMC posts record revenue in second quarter on AI demand

TSMC, the world’s largest contract chipmaker, reported on Monday second-quarter revenue that rose 36% from a year ​earlier to a record high on surging interest in artificial ‌intelligence applications.

Will SK Hynix’s Wall Street debut narrow its ‘Korea discount’?

As global chip giant SK Hynix makes its Nasdaq debut Friday, the listing will test whether the stock will be able shed its long-standing “Korea discount.”