Tag: Semiconductors

Nvidia shares fall as it reportedly delays China AI chip designed to comply with U.S. export rules

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 revenue triples as AI chip boom continues

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

Exclusive: Applied Materials under US criminal probe for shipments to China’s SMIC

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.

Apple supplier Foxconn posts surprise 11% jump in third-quarter profit

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 posts a 80% drop in third-quarter profit

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

Nvidia’s Seeking a Way Around Limits on AI Exports to China. It’s Lining Up Three New Chips.

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 reports first post-IPO earnings and the stock is down 7%

Arm reported second fiscal quarter earnings on Wednesday.

AMD gives soft fourth-quarter guidance, but expects to sell $2 billion of AI chips next year

AMD reported third-quarter earnings on Tuesday.

Wolfspeed’s stock rallies as company notches smaller loss than expected

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 stock rises on earnings beat and strong revenue guidance

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 Beat Earnings. Why Its Stock Is Dropping.

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.

Exclusive: Nvidia to make Arm-based PC chips in major new challenge to Intel

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

World’s largest chipmaker TSMC sees biggest drop in profit in nearly five years

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.

Infineon signs semiconductor supply deal with automakers Hyundai, Kia

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.

Shares of critical chip firm ASML drop 4% after new U.S. curbs, outlook warning

ASML reported a profit decline in the third quarter, but beat estimates as it forecast 2024 revenue will be flat.

Nvidia stock falls after U.S. announces new restrictions on AI chip exports

Nvidia and a number of other AI chip companies saw their shares fall Tuesday morning due to new U.S. export restrictions on China.

Japan’s Denso, Mitsubishi Electric to invest $1 bln in Coherent’s silicon carbide unit

Oct 10 (Reuters) – Coherent (COHR.N), a major U.S. supplier of materials used to make chips for the automotive industry, said on Tuesday Japan’s Denso (6902.T) and Mitsubishi Electric (6503.T) will invest $1 billion in the company’s silicon carbide business.

TSMC Stock Rises. There’s Life in Chips After All.

Taiwan Semiconductor Manufacturing’s latest monthly sales suggest the chip maker is doing better than expected.

Intel plans to IPO programmable chip unit within three years; stock rises after hours

Intel said it will treat its Programmable Solutions Group as a standalone business, with the goal of conducting an IPO for the unit in the next two to three years.

AMD’s stock pops after Microsoft tech chief touts chipmaker’s AI products

Microsoft’s Chief Technology Officers Kevin Scott said AMD’s graphics cards will be increasingly critical in the years to come.