Tag: Semiconductors

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.

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.