Tag: Semiconductors

TSMC, the world’s largest contract chipmaker, reported on Thursday third-quarter revenue rose 30% year-on-year, beating the market forecast, as demand for the company’s products leapt on surging interest in artificial intelligence applications.

The U.S. has approved several billion dollars worth of NVIDIA Corporation (NASDAQ:NVDA) chip sales to the United Arab Emirates, ending months of uncertainty over an investment deal with the Gulf federation would proceed.

Nvidia stock rose in the premarket. The leading AI chip maker was on track to snap a three-day losing streak after a report that it could invest in Elon Musk’s xAI.

OpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman’s company take a 10% stake in the chipmaker.

Applied Materials Inc., the largest US maker of machinery used to manufacture semiconductors, said an expansion of rules that restrict the export of its products to China will take another chunk out of its revenue.

Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the country, the island’s top tariff negotiator said on Wednesday after returning home.

Intel(INTC) was rising early Thursday as the market bet investment from the likes of Apple(AAPL) could boost the chip company.

Micron reported better-than-expected earnings and revenue on Tuesday as well as a robust forecast for the current quarter.

Nvidia (NVDA.O), will invest up to $100 billion in OpenAI and supply it with data center chips, the companies said on Monday, marking a tie-up between two of the highest-profile players in the global artificial intelligence race.

U.S. chip designer Nvidia (NVDA.O), has signed a letter of intent for a possible $500 million investment in the next funding round at Britain’s Wayve, the autonomous driving technology group said on Thursday.

Intel shares jumped over 24% in pre-market on Thursday, trading above $31, a level not seen since July 2024, after Nvidia announced a $5 billion investment in the chipmaker.

Nvidia’s (NVDA.O), RTX6000D, its newest artificial intelligence chip tailored for the Chinese market, has seen only lukewarm demand with some major tech firms opting not to place orders, two people with knowledge of procurement discussions said.

China’s market regulator on Monday said that Nvidia violated the country’s anti-monopoly law, according to a preliminary probe, adding that Beijing would continue its investigation into the U.S. chip giant.

South Korean memory chipmaker SK Hynix said Friday that it was ready to mass produce its next-generation high-bandwidth memory chips, staying ahead of rivals and sending the company’s stock soaring.

Nvidia and OpenAI are in discussions about backing a major investment in Britain focused on boosting artificial intelligence infrastructure in the country.

Nvidia backed Mistral AI clinched a 11.7 billion-euro ($13.8 billion) valuation in a in a Series C funding round that saw Dutch chip equipment maker ASML secure a major stake in the French firm.

Nvidia (NVDA.O), said on Friday the AI GAIN Act would restrict global competition for advanced chips, with similar effects on the U.S. leadership and economy as the AI Diffusion Rule, which put limits on the computing power countries could have.

Broadcom(AVGO) stock surged after the company announced on its earnings call that it has won an order from a new customer.

Alibaba (9988.HK), ByteDance and other Chinese tech firms remain keen on Nvidia’s (NVDA.O), artificial intelligence chips despite regulators in Beijing strongly discouraging them from such purchases, four people with knowledge of procurement discussions said.

Abu Dhabi-backed technology group G42 aims to diversify chip suppliers beyond Nvidia (NVDA.O), for the UAE-U.S. AI campus, Semafor reported on Monday, citing a person with direct knowledge of the talks.