Tag: Semiconductors

U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware, people familiar with the matter said.

Broadcom CEO Hock Tan says generative artificial-intelligence applications will boost demand for the company’s chips.

Dutch firm ASML and Taiwan’s TSMC, two of the world’s most important semiconductor firms, got a share price boost on Thursday after Nvidia’s earnings impressed investors.

Nvidia reported first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected forecast that drove shares up 26% in extended trading.

In the years before China declared U.S. firm Micron Technology’s products a national security risk, authorities were already scaling back purchases of its chips, opting instead for domestic or South Korean options, documents showed.

China’s cyberspace regulator said on Sunday that products made by U.S. memory chipmaker Micron Technology Inc (MU.O) had failed its network security review and it would bar operators of key infrastructure from buying from the company.

Nvidia Corp on Monday said it has worked with the U.K.’s University of Bristol to build a new supercomputer using a new Nvidia chip that would compete with Intel Corp and Advanced Micro Devices Inc .

China’s biggest semiconductor manufacturing firm SMIC on Friday posted its first decline in quarterly revenue in more than three years as a glut in chips and lack of demand continues to hit the industry.