Tag: Semiconductors

Arm shares were swinging sharply after the company reported solid earnings results but suggested uncertainty around meeting surging demand for a new homegrown chip.

U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices’ (AMD.O), strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a shift toward CPUs would spur ​the next leg of spending.

Nvidia, the chipmaker at the center of the artificial intelligence boom, is partnering with glassmaker Corning
for three new advanced manufacturing facilities in North Carolina and Texas dedicated entirely to optical technologies for the world’s most valuable semiconductor company.

Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co.

Artificial intelligence chipmaker Cerebras aims to raise as much as $3.5 billion by going public on the Nasdaq. The company is looking to sell 28 million shares, for $115 to $125 each, according to an updated prospectus it filed on Monday.

Rambus (RMBS) stock was tumbling early Tuesday. In-line earnings weren’t enough to keep the rally going for a stock that has become a popular alternative play on the memory-chip boom.

South Korea’s Samsung Electronics (5930), will withdraw the sale of its home appliances ​and TV sales business from China ‌within this year, the Nikkei newspaper reported on Monday.

Qualcomm (QCOM) stock was surging early on Monday. The chip company was benefiting from a report that it is working with ChatGPT-developer OpenAI on plans for a smartphone.

Demand for Intel’s central processors from firms offering AI services ​was so strong in the first quarter that it sold even chips it had originally ‌written off, a remarkable turnaround that sent the company’s shares soaring on Friday.

Shares in Taiwan Semiconductor Manufacturing Co. surged 5% to a fresh all-time high on Friday after the island’s regulator said it plans to loosen limits on funds’ allocations to single stocks.

Canadian AI lab Cohere announced on Friday that it planned to acquire German AI company Aleph Alpha, as it eyed major expansion in Europe.

Texas Instruments (TXN) reported solid first-quarter earnings results on Wednesday afternoon. Its shares were up 10% in premarket trading Thursday.

Marvell Technology (MRVL) was rising early Monday on a report it is in talks with Google about developing artificial-intelligence chips. That’s worrying for the search company’s primary processor partner Broadcom (AVGO).

Taiwan Semiconductor Manufacturing (TSM) reported a sharp rise in quarterly profit as it rides the wave of demand for artificial-intelligence chips. 

Meta and Broadcom on Tuesday announced a sweeping deal that extends an existing partnership between the two companies for the design of Meta’s custom in-house AI accelerators through 2029.

ASML Holding (ASML) lifted its guidance after reporting quarterly results that beat expectations.

Taiwan Semiconductor Manufacturing Co. on Friday posted another quarter of record revenue driven by demand for AI chips.

Specs, the Snap smart glasses unit formed early this year, will use Qualcomm ​chips for its upcoming devices under a ‌multi-year deal announced on Friday, marking its first major move.

Shares of Lumentum Holdings Inc rose in premarket U.S. trading on Friday, after the group reportedly said demand from the artificial intelligence industry for its optical components was on track to fill its order book through 2028.

OpenAI’s Stargate project in the U.K. is being paused, with the company pointing towards the cost of energy and the country’s regulatory environment.