Tag: Semiconductors

The proposed funding would give TSMC’s Arizona subsidiary up to $6.6 billion in direct funding and a potential $5 billion in loans under the CHIPS Act.

Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared to the same period last year.

Intel said operating losses in its chip manufacturing arm should peak this year, with the business expected to reach break-even in 2027.

China has rolled out new guidelines that will phase out U.S. processors in government computers and servers, effectively blocking chips from Intel and AMD, the Financial Times reported on Sunday.

Micron Technology shares are surging in late trading Wednesday after the memory chip maker posted results for its fiscal second quarter ended Feb. 29 that soared past expectations. May quarter guidance likewise blew past previous Street estimates.

The government is betting on Intel to help the U.S. become more self-sufficient at making advanced semiconductors.

Nvidia Chief Executive Jensen Huang on Monday kicked off his company’s annual developer conference with a slew of announcements designed to keep the chip maker in a dominant position in the artificial-intelligence industry.

The stock and earnings moves raise the stakes for the company’s latest developers conference, which kicks off in San Jose Monday afternoon, with a keynote from founder and CEO Jensen Huang.

Taiwan’s TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan’s efforts to reboot its semiconductor industry.

Nvidia , whose chips power artificial intelligence, has been sued by three authors who said it used their copyrighted books without permission to train its AI platform.

Broadcom stock fell after the chip maker’s solid earnings results failed to satisfy investors

Marvell Technology posted earnings results and gave financial guidance below Wall Street expectations, driving the stock lower in post market trading.

US officials have told Advanced Micro Devices Inc. that the artificial intelligence chip it tailored for the Chinese market is too powerful to sell without a license from the Commerce Department, throwing up a roadblock for the company as it tries to navigate Washington’s crackdown on exports of advanced technologies.

Nvidia shares jumped 14% in pre-market trade on Thursday after the chip giant posted bumper earnings that beat Wall Street estimates, driven by excitement over artificial intelligence.

The Biden administration is in talks to confer more than $10 billion in subsidies to Intel Corp., people familiar with the matter said, in what would be the largest award yet under a plan to bring semiconductor manufacturing back to US soil.

Applied Materials earnings beat and upbeat outlook gave Wall Street cause to believe that the chip equipment maker’s strong rally can keep going.

Imagine a more private and personalized ChatGPT that allows users to talk to data stored locally on their own computers.

Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence processors, according to nine sources familiar with the company’s plans.

Arm Holdings surged more than 25% on Thursday driven by strong forecasts as customers aim to design new chips for artificial intelligence work that could bump up royalties for the British tech firm.

Advanced Micro Devices got a show of support last week when Elon Musk said he would buy its chips to power artificial-intelligence efforts at Tesla. Wall Street is betting its earnings will provide further proof of AMD’s AI chip potential.