Tag: Semiconductors

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.

The U.S. and United Arab Emirates are working on a path to allow Abu Dhabi to purchase some of the most advanced American-made semiconductors for its AI development, U.S. President Donald Trump said from the Emirati capital Friday.

Nvidia is seeking a site in Shanghai for a research and development centre, three sources close to the matter said, reflecting the strategic significance of the Chinese market where U.S. curbs on advanced chip exports have hit sales.

Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, downgraded its full-year outlook on Wednesday citing uncertainty about U.S. tariffs, even as it struck an upbeat note about booming demand for AI servers.

Nvidia (NVDA.O), plans to release a downgraded version of its H20 artificial intelligence chip for China in the next two months, following U.S. export restrictions on the original model, three sources familiar with the matter told Reuters.

Arm Holdings ARM was falling sharply early Thursday. Hopes that the chip designer would be protected from tariffs unlike its semiconductor peers look to have been wide of the mark.

U.S. President Donald Trump administration is likely to allow a Biden-era rule curbing some artificial intelligence chip exports to lapse, according to analysts at Jefferies.

Advanced Micro Devices reported first fiscal-quarter earnings on Tuesday that topped expectations, and provided a strong forecast for current-quarter revenue.

A U.S. lawmaker plans to introduce legislation in coming weeks to verify the location of artificial-intelligence chips like those made by Nvidia after they are sold.

ON Semiconductor ON stock climbed in premarket trading Monday after first-quarter earnings and revenue surpassed analysts’ expectations.

China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor, hoping to replace some higher-end products of U.S. chip giant Nvidia (NVDA.O), the Wall Street Journal reported on Sunday.

Intel reported first-quarter results Thursday that beat analysts’ estimates, while issuing disappointing guidance and announcing plans to slash expenses in the coming year, the first under CEO Lip-Bu Tan.

Taiwan Semiconductor Manufacturing Company denied reports that the semiconductor giant was in active discussions with Intel regarding a chipmaking joint venture.