Tag: Semiconductors

Chipmaker SK Hynix said on Thursday it has reached a tentative wage deal with its South Korean workers that will see ‌them receive at least 60% of this year’s bonuses in company stock rather than ‌the all-cash payout they received last year.

Samsung Electronics  is preparing to unveil a shareholder return package worth more than 100 trillion won ($72 billion), potentially the largest such payout by a South Korean company, MoneyToday reported on Thursday, citing industry sources.

Small batches of Nvidia’s H200 chips, one ​of the company’s most powerful AI ‌chips, have been allowed to enter mainland China, the Financial Times reported on Tuesday, citing two ​people with knowledge of the matter.

Cerebras Systems announced on Tuesday a new version of its server hardware that includes its dinner-plate-sized chips that it says will ​speed AI chatbot queries.

SK Hynix will buy back and cancel 40 trillion won ($28.61 billion) of treasury shares and allocate ‌more than 50% of free cash flow generated between 2025 and 2027 to boost shareholder returns, it said on Wednesday.

Samsung Electronics has raised prices for some advanced contract chipmaking services by up to 15% for new orders, two people familiar with the matter said, as demand for AI chips tightens capacity in a business long dominated by TSMC.

Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a sprawling data center in Ohio ​being developed by SoftBank-owned SB Energy, in one of the chipmaker’s largest infrastructure financing commitments.

Nvidia will invest $1.5 billion in SoftBank-backed (T:9984) SB Energy and secure up to 8 gigawatts of AI computing capacity at an Ohio campus being built by the data center developer for OpenAI.

Applied Materials  forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting that unabated demand for advanced AI chips will continue to fuel robust spending on its ​semiconductor manufacturing equipment.

Coherent reported better-than-expected earnings Wednesday as the optical-networking company’s technology plays a growing role in connecting artificial-intelligence infrastructure.

Cerebras Systems slumped over 18% premarket on Thursday after it missed key estimates despite soaring cloud revenue, raising doubts about ​the ability of its AI chips to challenge Nvidia.

Taiwanese chipmaker TSMC and Sony Group said on ‌Tuesday they will form a $4.69 billion joint venture to ‌develop and make next-generation image sensors in southern Japan, with volume production ​expected to start in 2029.

Taiwan Semiconductor Manufacturing Co on Monday reported a big sales jump for July, as demand for its AI-related chips continued to strengthen.

Intel Corporation announced today a $15 billion underwritten public offering of common stock, according to a press release statement.

SK Hynix said on Friday it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip manufacturing plants, as demand for the components, which are key to AI, continues to grow.

Advanced Micro Devices reported second-quarter earnings on Tuesday that beat expectations, but the stock slumped in extended trading after rising during regular trading hours.

Qualcomm reported fiscal third-quarter earnings on Wednesday that were in line with analyst expectations, but it provided light guidance for current-quarter earnings on in-line revenue, blaming the ongoing supply crunch for computer parts, especially memory. Shares fell in extended trading.

ASML’s stock fell Tuesday after a report that China is mass-producing a critical tool that the Dutch tech giant has long held a monopoly over.

Nvidia is in talks to provide a roughly $250 billion financial guarantee for OpenAI as part of a massive data center project in Ohio, in a deal that would rank among the largest financing arrangements in the artificial intelligence industry, the Wall Street Journal reported on Monday.

Shares of chipmaker Changxin Technology Group soared nearly 466% Monday in their debut on Shanghai’s tech-heavy STAR Market, making CXMT the most valuable China-listed company.