Tag: Semiconductors

U.S. chipmaking giant Nvidia is set to launch an adjusted version of a gaming processor with slower performance in China to comply with U.S. export restrictions.

Israel’s government agreed to give Intel a $3.2 billion grant for a new $25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday, in what is the largest investment ever by a company in Israel.

ASML and Samsung Electronics agreed to jointly invest 1 trillion won to build a plant in South Korea to develop high-tech semiconductor processing technology for cutting-edge chips.

U.S. Commerce Secretary Gina Raimondo said she expects to make around a dozen semiconductor chips funding awards within the next year, including multi-billion dollar announcements that could drastically reshape U.S. chip production.

BEIJING/SINGAPORE, Dec 11 (Reuters) – Chinese chip designers including Tencent Holdings are aggressively pitching their AI chips as alternatives to Nvidia’s , hoping U.S. export restrictions will prompt clients to switch, said four people familiar with such discussions.

Broadcom Inc. topped profit expectations for its latest quarter, but shares of the chip company were falling in Thursday’s aftermarket action.

The new chip, called the H20, was being delayed due to issues server manufacturers were having integrating the semiconductor into their products, Reuters reported.

Nvidia’s results surpassed analysts’ projections for revenue and income in the fiscal fourth quarter.

Semiconductor equipment maker Applied Materials is under U.S. criminal investigation for potentially evading export restrictions on China’s top chipmaker SMIC, according to three people familiar with the matter.

On Tuesday, Foxconn reported third-quarter profit rose 11.27% from a year ago, beating analysts’ expectations despite an ongoing consumer electronics slump.

China’s largest chipmaker SMIC on Thursday posted a 80% profit drop as semiconductor woes persist.

Nvidia has been hit with a series of restrictions on exports of its artificial-intelligence chips to China. However the chip maker isn’t giving up on a promising market for its AI processors. 

Arm reported second fiscal quarter earnings on Wednesday.

AMD reported third-quarter earnings on Tuesday.

Wolfspeed Inc. shares surged nearly 13% in after-hours trading Monday after the silicon-carbide company forecast a slimmer-than-expected loss for its ongoing quarter.

Intel reported third-quarter earnings on Thursday that beat expectations for profit and sales, even as its revenue declined from the year-earlier period.

Texas Instruments 0.41% earnings topped estimates but its stock was dropping in after-hours trading Tuesday after the chip maker provided a revenue forecast for the December quarter below expectations.

Oct 23 (Reuters) – Nvidia dominates the market for artificial intelligence computing chips. Now it is coming after Intel’s longtime stronghold of personal computers.

TSMC posted a third quarter profit of NT$211 billion on Thursday – its largest profit decline since the first quarter of 2019 – as weak demand for consumer electronics persists.

BERLIN, Oct 18 (Reuters) – German chip manufacturer Infineon said on Wednesday it has signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for the production of electric cars.