Tag: Semiconductors

 Intel shares slumped more than 7% premarket on Friday after a downbeat second-quarter sales forecast signaled that the boom in AI technology was diverting enterprise spending away from its traditional data center and PC chips.

TSMC beats revenue and profit expectations in the first quarter on strong AI chip demand.

ASML Holding shares dropped on Wednesday after its orders missed expectations. It’s a sign of caution in the chip industry despite a race to build up national semiconductor sectors.

Micron Technology Inc. said Thursday it expects the recent earthquake in Taiwan will result in an impact of up to a mid-single-digit percentage of a calendar quarter’s company-level DRAM supply.

TSMC said March revenue came in at 195.2 billion new Taiwan dollars ($6.1 billion), up 34.3% year-on-year. that’s the fastest pace of growth since Nov. 2022.

The proposed funding would give TSMC’s Arizona subsidiary up to $6.6 billion in direct funding and a potential $5 billion in loans under the CHIPS Act.

Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared to the same period last year.

Intel said operating losses in its chip manufacturing arm should peak this year, with the business expected to reach break-even in 2027.

China has rolled out new guidelines that will phase out U.S. processors in government computers and servers, effectively blocking chips from Intel and AMD, the Financial Times reported on Sunday.

Micron Technology shares are surging in late trading Wednesday after the memory chip maker posted results for its fiscal second quarter ended Feb. 29 that soared past expectations. May quarter guidance likewise blew past previous Street estimates.

The government is betting on Intel to help the U.S. become more self-sufficient at making advanced semiconductors.

Nvidia Chief Executive Jensen Huang on Monday kicked off his company’s annual developer conference with a slew of announcements designed to keep the chip maker in a dominant position in the artificial-intelligence industry.

The stock and earnings moves raise the stakes for the company’s latest developers conference, which kicks off in San Jose Monday afternoon, with a keynote from founder and CEO Jensen Huang.

Taiwan’s TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan’s efforts to reboot its semiconductor industry.

Nvidia , whose chips power artificial intelligence, has been sued by three authors who said it used their copyrighted books without permission to train its AI platform.

Broadcom stock fell after the chip maker’s solid earnings results failed to satisfy investors

Marvell Technology posted earnings results and gave financial guidance below Wall Street expectations, driving the stock lower in post market trading.

US officials have told Advanced Micro Devices Inc. that the artificial intelligence chip it tailored for the Chinese market is too powerful to sell without a license from the Commerce Department, throwing up a roadblock for the company as it tries to navigate Washington’s crackdown on exports of advanced technologies.

Nvidia shares jumped 14% in pre-market trade on Thursday after the chip giant posted bumper earnings that beat Wall Street estimates, driven by excitement over artificial intelligence.

The Biden administration is in talks to confer more than $10 billion in subsidies to Intel Corp., people familiar with the matter said, in what would be the largest award yet under a plan to bring semiconductor manufacturing back to US soil.