Tag: Semiconductors

Rambus (RMBS) stock was tumbling early Tuesday. In-line earnings weren’t enough to keep the rally going for a stock that has become a popular alternative play on the memory-chip boom.

South Korea’s Samsung Electronics (5930), will withdraw the sale of its home appliances ​and TV sales business from China ‌within this year, the Nikkei newspaper reported on Monday.

Qualcomm (QCOM) stock was surging early on Monday. The chip company was benefiting from a report that it is working with ChatGPT-developer OpenAI on plans for a smartphone.

Demand for Intel’s central processors from firms offering AI services ​was so strong in the first quarter that it sold even chips it had originally ‌written off, a remarkable turnaround that sent the company’s shares soaring on Friday.

Shares in Taiwan Semiconductor Manufacturing Co. surged 5% to a fresh all-time high on Friday after the island’s regulator said it plans to loosen limits on funds’ allocations to single stocks.

Canadian AI lab Cohere announced on Friday that it planned to acquire German AI company Aleph Alpha, as it eyed major expansion in Europe.

Texas Instruments (TXN) reported solid first-quarter earnings results on Wednesday afternoon. Its shares were up 10% in premarket trading Thursday.

Marvell Technology (MRVL) was rising early Monday on a report it is in talks with Google about developing artificial-intelligence chips. That’s worrying for the search company’s primary processor partner Broadcom (AVGO).

Taiwan Semiconductor Manufacturing (TSM) reported a sharp rise in quarterly profit as it rides the wave of demand for artificial-intelligence chips. 

Meta and Broadcom on Tuesday announced a sweeping deal that extends an existing partnership between the two companies for the design of Meta’s custom in-house AI accelerators through 2029.

ASML Holding (ASML) lifted its guidance after reporting quarterly results that beat expectations.

Taiwan Semiconductor Manufacturing Co. on Friday posted another quarter of record revenue driven by demand for AI chips.

Specs, the Snap smart glasses unit formed early this year, will use Qualcomm ​chips for its upcoming devices under a ‌multi-year deal announced on Friday, marking its first major move.

Shares of Lumentum Holdings Inc rose in premarket U.S. trading on Friday, after the group reportedly said demand from the artificial intelligence industry for its optical components was on track to fill its order book through 2028.

OpenAI’s Stargate project in the U.K. is being paused, with the company pointing towards the cost of energy and the country’s regulatory environment.

Super Micro Computer (SMCI) stock was gaining early Wednesday. The server maker has outlined how it will investigate the alleged chip smuggling scandal that has engulfed the company.

ASML shares fell on Tuesday after U.S. lawmakers last week proposed further measures that would restrict China from additional chipmaking tools and potentially impact the Dutch chip giant’s already fragile sales to the country.

Samsung Electronics (5930) expects to report a huge profit surge in the first quarter. It’s good news for its peer Micron Technology (MU), with both companies set to ride a wave of demand for memory chips.

Broadcom said Monday that it’s agreed to produce future versions of artificial intelligence chips for Google, and signed an expanded deal with Anthropic that will give the AI startup access to about 3.5 gigawatts worth of computing capacity drawing on Google’s AI processors.

Baidu’s Apollo Go robotaxis reportedly stopped mid-traffic, trapping passengers and resulting in highway collisions on the streets of the Chinese city of Wuhan on Tuesday, according to videos shared on social media.