Tag: Semiconductors

Nvidia   is having an underwhelming year so far as investors fret about its biggest customers becoming competitors.

SK Hynix ​said it would invest 100 trillion won ($64.38 billion) to build new chip plants, including one for NAND flash memory, as ‌part of a massive South Korean investment drive aimed at spreading returns from the AI boom beyond Seoul.

Hong Kong-listed shares of Baidu surged more than 7% Monday on reports that its artificial intelligence chip unit Kunlunxin is targeting an initial public offering in the city, which could value its affiliate at $50 billion.

South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand

ON Semiconductor has agreed to buy Synaptics in a nearly $7 billion all-stock deal to bolster its push into physical artificial intelligence technology

IBM (IBM.N), on Thursday unveiled what it said was the world’s first technology capable of producing chips smaller than ​one nanometer, as tech companies race to build semiconductors that ‌can handle increasingly demanding AI workloads.

Qualcomm shares jumped 15% in extended trading on Wednesday after the chipmaker said non-handset revenue in fiscal 2029 will be $40 billion, up from a prior forecast of $22 billion.

Micron reported adjusted earnings per share of $25.11. That’s up from $1.91 a share last year, and well ahead of Wall Street projections for $20.86. Revenue for the quarter reached $41.5 billion, smashing expectations of $35.9 billion, and up 346% on the year.

Samsung Electronics (005930.KS), said ‌on Wednesday it was considering buying back shares to fund stock-based employee compensation tied to its 2026 performance, but that no details including timing or ​size of the buyback had been decided.

South Korea’s government is in talks with Samsung Electronics and SK Hynix over plans for the next phase of large-scale investments in semiconductor production facilities, an official said on Wednesday, adding an announcement on a new chip cluster would be made soon.

SK Hynix, one of the three major memory-chip makers whose shares have surged in value due to huge demand for artificial-intelligence applications, said on Wednesday it’s going to issue American depository receipts, giving U.S. investors an easier way of investing in the company.

Qualcomm is in talks to provide chip-design services to China’s ByteDance, four people familiar with the matter said, as the U.S. company seeks to reduce dependence ​on the smartphone market, its biggest revenue source.

Cerebras shares tumbled about 14% before the bell on Wednesday after the chip designer warned that annual profit margins would undershoot first-quarter ​figures in its debut earnings following a blockbuster initial public ‌offering.

Qualcomm is in advanced discussions to acquire Modular Inc in a transaction valuing ​the AI chip company at about $4 ‌billion, Bloomberg News reported on Monday, citing people familiar with the matter.

Micron Technology stock was rising early Monday. Analysts are still upbeat on the prospect of memory-chip price increases but warn the gains can’t last indefinitely.

Chip-equipment maker ASML said on Friday it had never shipped an extreme ultraviolet (EUV) lithography machine to China, after a report that U.S. officials were concerned one of the company’s most advanced tools may have reached the country.

Inte ’s stock rose 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S.

Spain has allocated €719 million ($834 million) towards building an AI ​gigafactory to try to reduce ‌its dependence on foreign technology and ensure AI development complies with European ​regulations, the government said ​on Tuesday.

Rackspace Technology finalizes a deal with Advanced Micro Devices to use its chips for Rackspace’s AI cloud, causing shares to surge.

Nvidia has told Chinese clients that its new “Vera” central processors for AI data centres could be available as soon as August and that they can begin placing orders, three sources familiar with the matter said.