Tag: Semiconductors

Taiwan Semiconductor Manufacturing Company on Thursday maintained its annual revenue forecast after it quarterly beat profit expectations, thanks to a continued surge in demand for AI chips.

Nvidia (NVDA.O), on Tuesday said it would take $5.5 billion in charges after the U.S. government limited exports of its H20 artificial intelligence chip to China, a key market for one of its most popular chips.

Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty from new U.S. trade restrictions may affect demand for its critical chipmaking machines.

Advanced Micro Devices (NASDAQ:AMD) announced on Tuesday that its key processor chips will soon be produced at Taiwan Semiconductor Manufacturing Company’s (TSMC) new facility in Arizona. This marks the first time AMD’s products will be manufactured within the United States.

Intel nears deal to sell Altera chip unit to PE group Silver Lake

Taiwan Semiconductor Manufacturing Co (TSMC) on Thursday posted a sharp jump in March revenues, driven by robust demand for advanced chips and AI-related applications.

Broadcom (AVGO.O), said on Monday it was launching a new share buyback program of up to $10 billion, set to run through the end of the year, sending its shares up nearly 3% in extended trading.

Intel (NASDAQ:INTC) and Taiwan Semiconductor Manufacturing Co. (TSMC) are in discussions to form a joint venture to manage Intel’s chipmaking facilities, according to a report from The Information, citing sources involved in the talks.

U.S. Commerce Secretary could withhold promised grants under the CHIPS Act in a bid to increase investments by major chipmakers in the U.S., Bloomberg reported on Tuesday.

Arm Holdings expects its share of the global market for data center central processing units to surge to 50% by the end of the year, up from about 15% in 2024 with gains driven by the boom in artificial intelligence, a senior executive said.

Taiwan Semiconductor Manufacturing Company’s pledge to spend an extra $100bn on advanced manufacturing plants in the US will do little to help the country restore its global lead in chipmaking, according to Pat Gelsinger, who was forced out as chief executive of Intel late last year.

Nvidia stock was dropping early as a downbeat market mood and the potential for stricter regulations on its chips in China send shares lower.

Malaysia is planning to tighten regulations on semiconductors as it comes under US pressure to stem the illicit flow to China of chips crucial to the development of artificial intelligence.

Shares of memory-chip maker Micron Technology Inc. rose in extended trading Thursday after the company’s fiscal second quarter showed that it is still seeing a boost from AI, with its highest-capacity memory products surging in growth.

Nvidia will spend hundreds of billions of dollars on chips and other electronics manufactured in the US over the next four years, its chief executive has said, as the company tilts its supply chain back from Asia in the face of Donald Trump’s tariff threats.

Yum Brands is partnering with tech giant Nvidia to accelerate the use of artificial intelligence in its restaurants.

Nvidia CEO Jensen Huang, on Tuesday, unveiled the company’s next-generation line of chips at its annual software developer conference, aiming to reassure investors of its dominance in the rapidly evolving artificial intelligence industry.

Nvidia was rising in premarket trading on Monday. Excitement over its annual GTC developers’ conference looked to be helping it outperform the wider market.

Intel’s incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and artificial intelligence strategies ahead of his return to the company on Tuesday, two people familiar with Tan’s thinking told Reuters, in a sweeping bid to revive the ailing technology giant.

Foxconn Technology Group reported weaker-than-expected quarterly results but forecast a strong 2025 as the world’s largest contract electronics maker continues diversifying its business, moving into growth areas such as artificial intelligence and electric vehicles.