Tag: Semiconductors

Micron Technology is accelerating its US investment plans, now targeting more than US$250b through 2035.

US-based artificial intelligence chip maker Cerebras said on Thursday that it plans to bring its first European data centre capacity online by the end of 2026, followed by a rapid expansion across France and the Nordics, boosting its AI computing capacity in Europe.

Apple said it’s expanding its partnership with chipmaker Broadcom in a multi-year deal expected to exceed $30 billion, marking the iPhone maker’s largest U.S. manufacturing commitment to date.

Chinese companies are ditching Nvidia Corp.’s advanced accelerators in favor of domestic silicon, underscoring how tensions with the US are reshaping the AI infrastructure buildout and propelling Beijing’s ambitions to substitute American technology.

U.S. chip design giant Synopsys plans to ​stop offering a suite of manufacturing process control software used by global semiconductor makers, six sources briefed on the matter said, ‌as it seeks to divert resources to higher-margin offerings such as AI design.

Samsung Electronics shares fell as concerns about spending and demand overshadowed record second-quarter earnings.

Broadcom said on Monday it has agreed to expand ​its partnership with Apple (AAPL.O), opens new tab through 2031 to develop ‌and supply a range of custom chips, sending the shares of the chipmaker up nearly 4% in premarket ​trading.

Solstice Advanced Materials announced today it will acquire Element Solutions in a transaction valued at approximately $14.5 billion, including assumed net debt. The deal combines two advanced materials companies with combined 2025 net sales of approximately $6.8 billion.

South Korean chipmaker SK Hynix on Monday launched a U.S. share sale to raise 43 trillion won ($28.07 billion) and drew indications of interest for up to $7 billion from major investors, ​as it capitalises on the global AI boom with one of the world’s largest new share sales.

Kioxia on Friday held a ceremony at its fab in northern Japan as the chipmaker, whose shares have rocketed due to the AI investment boom, begins shipping samples of its next-generation memory.

Nvidia   is having an underwhelming year so far as investors fret about its biggest customers becoming competitors.

SK Hynix ​said it would invest 100 trillion won ($64.38 billion) to build new chip plants, including one for NAND flash memory, as ‌part of a massive South Korean investment drive aimed at spreading returns from the AI boom beyond Seoul.

Hong Kong-listed shares of Baidu surged more than 7% Monday on reports that its artificial intelligence chip unit Kunlunxin is targeting an initial public offering in the city, which could value its affiliate at $50 billion.

South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand

ON Semiconductor has agreed to buy Synaptics in a nearly $7 billion all-stock deal to bolster its push into physical artificial intelligence technology

IBM (IBM.N), on Thursday unveiled what it said was the world’s first technology capable of producing chips smaller than ​one nanometer, as tech companies race to build semiconductors that ‌can handle increasingly demanding AI workloads.

Qualcomm shares jumped 15% in extended trading on Wednesday after the chipmaker said non-handset revenue in fiscal 2029 will be $40 billion, up from a prior forecast of $22 billion.

Micron reported adjusted earnings per share of $25.11. That’s up from $1.91 a share last year, and well ahead of Wall Street projections for $20.86. Revenue for the quarter reached $41.5 billion, smashing expectations of $35.9 billion, and up 346% on the year.

Samsung Electronics (005930.KS), said ‌on Wednesday it was considering buying back shares to fund stock-based employee compensation tied to its 2026 performance, but that no details including timing or ​size of the buyback had been decided.

South Korea’s government is in talks with Samsung Electronics and SK Hynix over plans for the next phase of large-scale investments in semiconductor production facilities, an official said on Wednesday, adding an announcement on a new chip cluster would be made soon.