Tag: Semiconductors

Shares of database service provider Oracle fell after Elon Musk’s artificial intelligence startup xAI decided to bring some computing back in-house.

Shares of Taiwan Semiconductor Manufacturing, a big supplier of chips to Nvidia and Apple, were advancing Wednesday after the company reported a surge in sales.

More than 6,500 workers at Samsung Electronics have followed up the first ever walkout at the South Korean tech giant with a full-blown strike over pay and conditions.

Micron Technology stock was losing ground despite the memory chip company reporting better-than-expected financial results for the quarter.

Nvidia leapfrogged Apple and Microsoft to snatch the crown of most valuable company on Tuesday as the chipmaker continued to ride AI-wave to new heights.

One of the world’s most prominent technology ETFs looks poised for a big rebalancing that would ramp up exposure to Nvidia Corp. (NVDA) at the expense of Apple Inc. (AAPL) – spurring billions of dollars in trading volume in one fell swoop.

Arm Holdings  stock will replace Sirius XM Holdings in the Nasdaq 100 and other Nasdaq indexes before the start of trading on June 24, according to a Nasdaq press release Thursday evening.

Broadcom posted earnings for the second fiscal quarter on Wednesday that beat analysts’ estimates. It also announced a 10-for-1 stock split, set to begin trading on a split-adjusted basis on July 15.

Stock splits like Nvidia’s don’t matter, or do they? That debate seems to come up every time a new company announces plans to complete one. As with many investing questions, the answer is: It depends.

Taiwan Semiconductor Manufacturing Co. -backed Vanguard International Semiconductor Corporation and Dutch chip designer and manufacturer NXP Semiconductor  will build a $7.8 billion wafer manufacturing plant in Singapore. 

U.S. chipmaker Intel on Tuesday announced new artificial intelligence chips for data centers, as it looks to take on rivals Nvidia and AMD, which have showcased upcoming chips in the last two days.

AMD on Monday announced new artificial intelligence chips as it seeks to establish itself as a leader amid competition with the likes of Nvidia and Intel. 

Marvell Technology shares are losing ground in late trading Thursday after the chip maker posted April quarter results that edged Street estimates.

China set up a multibillion-dollar state-backed investment chip fund last week — and one observer says it will likely focus on advanced chips for AI and establishing the entire supply chain.

Nvidia’s historic rally is being driven by its data center business, which grew at a whopping 427% in the latest quarter as companies keep snapping up its artificial intelligence processors.

Taiwanese contract chipmaker TSMC, a major supplier to Apple and Nvidia, on Thursday forecast an annual revenue growth of 10% in the global semiconductor industry, excluding memory chips.

Analog Devices forecast third-quarter revenue above Wall Street expectations on Wednesday, helped by a rise in demand for its automotive and industrial chips after a prolonged slump, sending its shares up nearly 6% in premarket trading.

Applied Materials forecast third-quarter results above Wall Street estimates on Thursday, following strong demand for its semiconductor tools, but failed to meet lofty investor expectations.

British computing startup Raspberry Pi on Wednesday said it plans to list in London, in a rare win for the U.K. stock market.

Apple supplier Foxconn said on Tuesday it remained confident about strong AI server demand this year driving revenue, and pledged to stand by Japan’s Sharp after taking a large, profit-impacting writedown last year.