Tag: Semiconductors

SK Hynix, one of the three major memory-chip makers whose shares have surged in value due to huge demand for artificial-intelligence applications, said on Wednesday it’s going to issue American depository receipts, giving U.S. investors an easier way of investing in the company.

Qualcomm is in talks to provide chip-design services to China’s ByteDance, four people familiar with the matter said, as the U.S. company seeks to reduce dependence ​on the smartphone market, its biggest revenue source.

Cerebras shares tumbled about 14% before the bell on Wednesday after the chip designer warned that annual profit margins would undershoot first-quarter ​figures in its debut earnings following a blockbuster initial public ‌offering.

Qualcomm is in advanced discussions to acquire Modular Inc in a transaction valuing ​the AI chip company at about $4 ‌billion, Bloomberg News reported on Monday, citing people familiar with the matter.

Micron Technology stock was rising early Monday. Analysts are still upbeat on the prospect of memory-chip price increases but warn the gains can’t last indefinitely.

Chip-equipment maker ASML said on Friday it had never shipped an extreme ultraviolet (EUV) lithography machine to China, after a report that U.S. officials were concerned one of the company’s most advanced tools may have reached the country.

Inte ’s stock rose 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S.

Spain has allocated €719 million ($834 million) towards building an AI ​gigafactory to try to reduce ‌its dependence on foreign technology and ensure AI development complies with European ​regulations, the government said ​on Tuesday.

Rackspace Technology finalizes a deal with Advanced Micro Devices to use its chips for Rackspace’s AI cloud, causing shares to surge.

Nvidia has told Chinese clients that its new “Vera” central processors for AI data centres could be available as soon as August and that they can begin placing orders, three sources familiar with the matter said.

A KKR-led group on Thursday launched a new company with more than $10 billion in committed capital to finance ​the build-out of AI infrastructure, the latest effort ‌by an alternative asset manager to capitalize on growing demand for AI services.

Taiwan Semiconductor Manufacturing Co. reported Wednesday that its consolidated net revenue for May 2026 reached NT$416.98 billion, up 1.5% from April 2026 and 30.1% higher than May 2025.

SK Hynix plans to list its shares in ‌the U.S. as soon as August, said two sources familiar with the matter, as the South Korean memory chipmaker seeks to capitalise on strong appetite for AI-linked stocks and broaden ​its investor base.

The United States on Monday added Chinese e-commerce giant Alibaba internet search provider Baidu, and automakers ​BYD and NIO to a list of companies it believes are aiding Beijing’s military, in a move that could inflame tensions between the countries.

OpenAI has confidentially filed for an IPO with the Securities and Exchange Commission, joining the party a week after Anthropic did the same and days before Elon Musk’s SpaceX is set to hit the public market.

 Nvidia on Monday announced a series of deals in South Korea with tech giants including SK Hynix ‌and Naver, as it looks to secure crucial memory chips to power its AI ambitions and entice new customers.

Marvell Technology was up almost 9% in premarket trading on Monday after it was announced that the AI chipmaker would be joining the benchmark S&P 500 index.

Intel is teaming up with Apple supplier Foxconn to develop artificial-intelligence infrastructure—but that wasn’t enough to stop the chip manufacturer’s stock from sliding on Thursday.

SK Hynix told ​investors this week it received “tremendously positive” feedback on its proposed U.S. listing as the chipmaker ‌benefits from strong demand for advanced memory semiconductors needed to run AI data centers, a source familiar with the matter said on Thursday.

Broadcom (AVGO) stock declined 12% in premarket trading on Thursday after the custom chip designer’s AI sales outlook missed estimates.