Tag: Semiconductors

Chipmaker Analog Devices (ADI.O), forecast third-quarter revenue above Wall Street estimates on Wednesday, a sign ​of growing demand for its power-management semiconductors and ‌sensor components amid the AI boom.

Baidu stock was rising early Monday. Investors seemed pleased with rising revenue from artificial intelligence, even as the Chinese internet company’s profit tumbled.

Applied Materials (NASDAQ:AMAT) reported record fiscal second-quarter revenue on Thursday and issued third-quarter guidance ahead of Wall Street expectations, supported by continued heavy investment in artificial intelligence infrastructure and data centers that is driving demand for semiconductor manufacturing equipment.

IPO demand exceeded supply by over 20 times, leading to higher price and share count
Cerebras valued at $56.43 billion, largest US IPO this year

The US clears H200 chip sales to 10 China firms

SoftBank booked a yearly gain of $46 billion at its Vision Fund driven mainly by the huge rise in value of its investment in OpenAI.

Artificial intelligence chipmaker Cerebras Systems has increased the estimated price range for its initial public offering. It’s now looking to sell at $150 to $160 per share, according to a Monday filing, up from the range of $115 to $125 that it disclosed last week.

Sony Semiconductor Solutions and Taiwan Semiconductor Manufacturing Company (TSMC) have unveiled plans to form a strategic partnership in next-generation image sensors.

Lumentum Holdings Inc. (NASDAQ:LITE) shares rose 4.8% Monday following the company’s addition to the Nasdaq-100 Index.

Arm shares were swinging sharply after the company reported solid earnings results but suggested uncertainty around meeting surging demand for a new homegrown chip.

U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices’ (AMD.O), strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a shift toward CPUs would spur ​the next leg of spending.

Nvidia, the chipmaker at the center of the artificial intelligence boom, is partnering with glassmaker Corning
for three new advanced manufacturing facilities in North Carolina and Texas dedicated entirely to optical technologies for the world’s most valuable semiconductor company.

Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co.

Artificial intelligence chipmaker Cerebras aims to raise as much as $3.5 billion by going public on the Nasdaq. The company is looking to sell 28 million shares, for $115 to $125 each, according to an updated prospectus it filed on Monday.

Rambus (RMBS) stock was tumbling early Tuesday. In-line earnings weren’t enough to keep the rally going for a stock that has become a popular alternative play on the memory-chip boom.

South Korea’s Samsung Electronics (5930), will withdraw the sale of its home appliances ​and TV sales business from China ‌within this year, the Nikkei newspaper reported on Monday.

Qualcomm (QCOM) stock was surging early on Monday. The chip company was benefiting from a report that it is working with ChatGPT-developer OpenAI on plans for a smartphone.

Demand for Intel’s central processors from firms offering AI services ​was so strong in the first quarter that it sold even chips it had originally ‌written off, a remarkable turnaround that sent the company’s shares soaring on Friday.

Shares in Taiwan Semiconductor Manufacturing Co. surged 5% to a fresh all-time high on Friday after the island’s regulator said it plans to loosen limits on funds’ allocations to single stocks.

Canadian AI lab Cohere announced on Friday that it planned to acquire German AI company Aleph Alpha, as it eyed major expansion in Europe.