Tag: Semiconductors

US President Donald Trump’s administration has launched a review that could result in the first shipments to China of Nvidia’s (NVDA) second-most powerful AI chips, five sources said, making good on his pledge to allow the ​controversial sales.

Micron Technology reported better-than-expected earnings results Wednesday afternoon. Its stock was up sharply in the Thursday premarket.

China is considering a package of incentives worth as much as $70 billion to bankroll and support its chipmaking industry, pouring more state money into a sector it deems pivotal to its technological conflict with the US.

Broadcom (AVGO), shares fell nearly 5% before the market open on Friday after the chipmaker said its margins would fall due to a higher mix of AI revenue, adding to worries about the payout from AI.

ByteDance and Alibaba have asked Nvidia (NVDA), about buying its powerful H200 AI chip after U.S. President Donald Trump said he would allow it to be exported to China, four people briefed on the matter told Reuters.

Beijing is set to limit access to Nvidia’s advanced H200 chips despite Donald Trump’s decision to allow the export of the technology to China as it pushes to achieve self-sufficiency in semiconductor production.

Microsoft is discussing plans to co-design custom chips with Broadcom. Big tech companies, which were once major customers of NVIDIA, are reducing their dependence on the company by actively developing their own chips.

Marvell Technology stock jumped after the company forecast stronger-than-expected growth in its data-center segment, boosting confidence in its custom chip business.

Intel stock held a sharp hike in pretrading on Monday, after the stock surged on Friday when an analyst predicted the chip giant was nearing a deal to supply Apple in 2027.

Nvidia on Monday announced it has purchased $2 billion of Synopsys’ common stock as part of a strategic partnership to accelerate computing and artificial intelligence engineering solutions.

Top Chinese companies are training their artificial intelligence models overseas to access Nvidia’s chips and bypass US efforts to prevent their development of the powerful technology.

Chinese regulators have barred ByteDance, the owner of TikTok, from using Nvidia chips in new data centers, according to a report from The Information on Wednesday.

Nvidia shares fell on Tuesday after The Information reported that Meta is considering using chips designed by Google.

Foxconn (2317.TW), said on Friday that a $1.4 billion supercomputing centre it is building with Nvidia (NVDA.O), will be ready by the first half of 2026, and when complete will be Taiwan’s largest advanced GPU cluster.

Shares in AI darling Nvidia popped in premarket trade after the U.S. firm beat expectations in third-quarter results after the closing bell on Wednesday. Shares were last trading 5.5% higher at 4:15 a.m. ET.

Applied Materials said on Thursday it expects spending on chipmaking equipment in China to fall in 2026 as tighter U.S. export controls limit its market access,​ with overall revenue projected to be stronger in the second half of the year.

Foxconn, the world’s largest contract electronics maker, said Wednesday that its third-quarter profit jumped 17% from a year earlier, driven by growth in its artificial intelligence server business.

Advanced Micro Devices CEO Lisa Su is getting more optimistic about the long-term market opportunity for semiconductors.

SoftBank said Tuesday it has sold its entire stake in U.S. chipmaker Nvidia for $5.83 billion as the Japanese giant looks to capitalize on its “all in” bet on ChatGPT maker OpenAI.

Taiwan Semiconductor Manufacturing just reported its slowest rate of monthly sales growth in more than 18 months. But that doesn’t mean the artificial-intelligence trade is coming to an end.