Tag: Semiconductors

Nvidia reported better-than-expected earnings and revenue on Wednesday, and said sales growth this quarter will remain above 50%, signaling to Wall Street that demand for artificial intelligence infrastructure shows no sign of fading.

Intel said on Monday that the 10% stake by the U.S. government in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its ability to secure future government grants.

Nvidia has asked some of its component suppliers to stop production related to its made-for-China H20 graphics processing units, as Beijing cracks down on the American chip darling, The Information reported Friday.

Nvidia(NVDA) stock was rising Tuesday following a report that it is aiming to release a new artificial-intelligence chip for the Chinese market.

Intel (INTC.O), is getting a $2 billion capital injection from SoftBank Group (9984.T), in a major vote of confidence for the troubled U.S. chipmaker in the middle of a turnaround.

Foxconn (2317.TW), said on Monday it plans to manufacture data centre equipment with Japan’s SoftBank (9984.T), at the Taiwanese firm’s former electric vehicle factory in Ohio, part of the Stargate project to advance U.S. artificial intelligence infrastructure.

Shares of Applied Materials tumbled nearly 14% in premarket trading on Friday after the chip equipment maker issued weak fourth-quarter forecasts on sluggish China demand, fueling concerns over tariff-related risks.

Intel stock jumped at the end of trading on Thursday and looked set for more gains Friday after a Bloomberg report said the U.S. government is in talks to take a stake in the chip maker.

Taiwan’s Foxconn, the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, on the strength of its growing artificial intelligence server business.

Intel (INTC) stock jumped more than 3% in premarket trading on Tuesday after CEO Lip-Bu Tan met with President Trump, who had called for Tan’s resignation last week.

Nvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with the White House.

Micron Technology on Monday raised its forecast for fourth-quarter revenue and adjusted profit, due to surging demand for its memory chips used in artificial intelligence infrastructure, sending its shares up 5% before the bell.

Intel shares were under pressure Thursday after President Donald Trump called for the chipmaker’s CEO to resign immediately.  Intel dropped in the premarket on the back of that post, last trading 5% lower.

Advanced Micro Devices reported quarterly earnings on Tuesday that missed estimates. The stock slid about 5% in extended trading.

The production process that Intel (INTC.O), hoped would pave the way to winning manufacturing deals and restore its edge in churning out high-end, high-margin chips is facing a big hurdle on quality as it puts newer technologies to the test, two people briefed on the matter told Reuters.

Taiwan Semiconductor Manufacturing Co. said on Tuesday that it had detected “unauthorized activities” that led to the discovery of potential trade secret leaks.

ON Semiconductor Corporation (NASDAQ:ON) reported lower second-quarter earnings on Monday, as weaker margins and slower revenue weighed on results, though management pointed to early signs of demand stabilization.

While Nvidia has been given assurances by Washington that it will be allowed to resume exports of its made-for-China H20 general processing units, the AI chips’ return may be met with increased scrutiny from Beijing.

Tesla has selected Samsung to manufacture some of its artificial-intelligence chips. The decision is moving a lot of stocks early Monday, including shares of the electric-vehicle maker.

Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company’s new CEO Lip-Bu Tan announced significant cuts in chip factory construction. The stock fell about 5% in extended trading.