Tag: Semiconductors

Taiwan Semiconductor Manufacturing TSM is caught in the middle of U.S.-China tensions. Progress on U.S.-made chips looks set to boost the chip manufacturer despite further restrictions on its Chinese business.

Advanced Micro Devices on Thursday unveiled new details about its next-generation AI chips, the Instinct MI400 series, that will ship next year.

Micron Technology, Inc. (NASDAQ:MU) announced plans on Thursday to invest approximately $200 billion in U.S. semiconductor manufacturing and research and development across facilities in Idaho, New York, and Virginia.

Chinese electric vehicle manufacturer Xpeng (NYSE:XPEV) is developing advanced chips for Volkswagen (ETR:VOWG_p) cars, according to the Financial Times on Thursday.

Nvidia on Wednesday announced a slew of partnerships with European countries and companies spanning infrastructure to software as it looks to keep itself at the center of the global artificial intelligence story.

CrowdStrike expands protection for NVIDIA Enterprise AI Factories, integrates Falcon Cloud Security with NVIDIA universal LLM NIM microservices and NeMo Safety for secure cloud deployment.

DeepL on Wednesday said it was deploying one of the latest Nvidia systems that would allow the German startup to translate the whole internet in just 18 days.

TSMC (TW:2330) (NYSE:TSM), known formally as Taiwan Semiconductor Manufacturing Corp, clocked a nearly 40% jump in its May sales on Tuesday, as the chipmaking giant continued to benefit from robust artificial intelligence-fueled demand.

U.S. chipmaker Qualcomm (QCOM.O), agreed to acquire Alphawave (AWE.L), for about $2.4 billion on Monday, as it expands into the booming AI data center market, sending shares of the British semiconductor company up by almost a quarter.

Nvidia CEO Jensen Huang poured praise on the U.K. on Monday, promising to boost investment in the country’s artificial intelligence sector with his multitrillion-dollar semiconductor company.

Broadcom reported second-quarter earnings on Thursday that beat Wall Street expectations, and the chipmaker provided robust guidance for the current period.

Taiwan’s TSMC (2330.TW), said on Tuesday that U.S. tariffs were having some impact on the company and had been discussed with Washington, but demand for artificial intelligence (AI) remains strong and continues to outpace supply.

Marvell Technology reported first-quarter earnings in-line with expectations on Wednesday afternoon. Its shares were falling in after-hours trading.

Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks.

Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said.

Nvidia CEO Jensen Huang said overnight that U.S. chip export controls are a “failure” and warned that the restrictions are doing more damage to American business than to China.

Analog Devices forecast third-quarter revenue and profit above Wall Street expectations on Thursday, betting on upbeat demand for its chips used in the automotive and industrial sectors, lifting its shares more than 3% in premarket trading.

 Intel has considered divesting its network and edge businesses as the chipmaker looks to shave off parts of the company its new chief executive does not see as crucial, three sources familiar with the matter said.

Nvidia CEO Jensen Huang made a slew of announcements and revealed new products on Monday that are aimed at keeping the company at the center of artificial intelligence development and computing. 

Applied Materials gave a slightly disappointing outlook alongside its latest earnings report, driving its shares lower in premarket trading Thursday.