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.
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.
Taiwan Semiconductor Manufacturing Co on Monday reported a big sales jump for July, as demand for its AI-related chips continued to strengthen.
Intel Corporation announced today a $15 billion underwritten public offering of common stock, according to a press release statement.
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.
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 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.
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 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.
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 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.
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.
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 surged on Tuesday after Nvidia disclosed a 9.3% stake in the neocloud.
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.
Taiwan-based TSMC reported earnings of $4.31 per share for the April-June quarter, beating analysts’ expectations.
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 (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 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, 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.
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.”