Tag: Semiconductors

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

Nvidia’s CEO Jensen Huang hailed this chip designer as the next trillion-dollar firm, sending its shares up sharply in premarket trading Tuesday.

Nvidia has emerged as the world’s most valuable company by dominating the market for AI chips in the data center. Now the company is expanding its prowess to chips that will serve as the main processor for personal computers, entering an arena that’s long been ruled by Intel, Advanced Micro Devices, Qualcomm and Apple

Shares of Samsung Electronics surged as much as 6.51% after the company said it had begun shipping samples of its latest high-bandwidth memory chip to its customers globally.

SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an AI-driven rally.

Nvidia’s, chief executive said on Wednesday the ​chip company plans to invest around $150 billion a year in Taiwan, terming it the “epicentre” of the AI revolution ‌and predicting it will be the world’s tech manufacturing hub for a long time.

Chinese tech giant Huawei on Monday touted a new approach to developing advanced semiconductors despite U.S. sanctions, as Nvidia struggles to sell its high-end chips in China.

AMD on Thursday said it will invest more than $10 billion across Taiwan’s semiconductor and AI ecosystem to advance chip production and performance.

Shares hit record high as major strike averted, union makes concessions
Samsung giving less compensation per person than SK Hynix

Alibaba unveils Zhenwu M890 AI chip
Chip is three times faster than previous generation
Multi-year roadmap includes V900, J900 chips

Union plans to go ahead with 18-day strike from Thursday
Government has warned of emergency arbitration order to delay strike

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.