Tag: Semiconductors

Intel reported second-quarter earnings on Thursday, showing a return to profitability after two straight quarters of losses and issuing a stronger-than-expected forecast.

Texas Instruments provided a revenue forecast for the September quarter slightly below expectations, citing weak demand.

.

TSMC plans to invest almost $90 billion New Taiwan dollars (about $2.87 billion) in an advanced chip packaging plant in Taiwan to capitalize on the artificial intelligence boom.

.

TSMC reported revenue slipped 10% from a year ago to NT$480.84 billion, while net income fell 23.3% from a year ago to NT$181.8 billion.

ASML, one of the world’s most important semiconductor equipment firm, posted a jump in revenue and profit in the second quarter, but warned of macroeconomic “uncertainties” ahead.

US-sanctioned giant likely to produce 5G chips domestically
Chips expected to use Huawei EDA tools and SMIC production
Semiconductors could have relatively low yield rate of 50%

U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware.

FRANKFURT (dpa-AFX) – In a friendly market environment for European technology stocks, shares of Infineon and Aixtron stood out on Wednesday. While Infineon gained 3.2 percent to 37.60 euros, Aixtron rose 4.6 percent to 29.60 euros. They benefited from a positive analyst comment. The industry heavyweights STMicroelectronics and ASML also made significant gains.

BEIJING/SHANGHAI, July 10 (Reuters) – China’s passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on Monday, as a stumbling economic recovery led to more consumer caution on big-ticket spending.

Samsung Electronics said it expects a 96% profit plunge in the second quarter of 2023 as weak demand for memory chips persists.

Wolfspeed WOLF +2.07% stock was surging Wednesday after the chip company announced a 10-year deal to supply Tokyo-based semiconductor maker Renesas Electronics RNECY +2.66% with silicon carbide bare and epitaxial wafers.

Shares of Asian chipmakers rallied on Thursday after Micron Technology’s bullish outlook overnight, which indicated the sector’s supply glut may finally be easing.

Samsung Electronics on Wednesday laid out its roadmap to expand its chip manufacturing business, including leading-edge semiconductors, as it looks to catch up with leader TSMC.

China’s artificial intelligence stocks fell Wednesday after the Wall Street Journal reported that the U.S. is planning to impose new curbs on shipments of AI chips to China.

The Israeli government on Sunday said Intel was investing $25 billion to manufacture semiconductors in the country, just days after the chip maker announced a new facility in Poland.

Intel said it plans to invest up to $4.6 billion to build a semiconductor assembly and test facility in Poland, with the plant helping “meet demand for assembly and test capacity anticipated in coming years.”

Advanced Micro Devices big chip launch may have left investors feeling uninspired but Wall Street was more enthusiastic and still thinks the semiconductor company can challenge Nvidia and be an AI winner.

Amazon Web Services, the world’s largest cloud computing provider, is considering using new artificial intelligence chips from Advanced Micro Devices Inc, though it has not made a final decision, an AWS executive told Reuters

Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors — including U.S. chip giant Nvidia, the company told CNBC exclusively.

Advanced Micro Devices on Tuesday is expected to reveal new details about an AI “superchip” that analysts believe will be a strong challenger to Nvidia Corp, whose chips dominate the fast-growing artificial intelligence market.