Tag: Semiconductors

AI demand boosts iPhone maker Foxconn’s second-quarter profit by 27%, beating forecasts

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 stock jumps after Trump calls meeting with CEO Lip-Bu Tan ‘interesting,’ signals more talks ahead

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 AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports

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 raises quarterly results forecast on AI-driven demand

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 drop after Trump calls for CEO to resign immediately

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.

AMD reports weaker-than-expected earnings even as revenue tops estimates

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

Exclusive: Intel struggles with key manufacturing process for next PC chip, sources say

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.

World’s largest chipmaker TSMC says it has discovered potential trade secret leaks

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

ON Semi Q2 earnings fall as margins narrow; co says demand stabilizes

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.

Nvidia’s China-bound H20 AI chips face Beijing scrutiny over ‘tracking’ and security concerns

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.

Elon Musk Picks Samsung for Tesla AI Chips. TSMC Stock Is Dropping.

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 beats on revenue, slashes foundry investments as CEO says ‘no more blank checks’

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.

TSMC Stock Rises. Outlook Is Bright as the AI Chips Boom Outweighs Tariff Fears.

Taiwan Semiconductor Manufacturing reported a record profit for the second quarter as robust chip demand for artificial-intelligence applications held up despite currency headwinds and uncertainty about U.S. tariff policy.

ASML shares drop 6.5% after the chip giant says it can’t confirm that it will grow in 2026

ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter.

Nvidia to Resume H20 AI Chip Sales to China. The Stock Jumps.

Nvidia is back in China. In a stunning turn of events, the chip maker said it expects to soon be able to sell its H20 AI chip in the country, sending shares sharply higher.

Singapore case against three on AI chip fraud charges adjourned until Aug 22

A Singapore court on Friday adjourned a case against three men charged with fraud by making false representations to unnamed server suppliers until Aug 22.

Chipmakers get larger tax credits in Trump’s latest ‘big beautiful bill’

The latest version of U.S. President Donald Trump’s “big beautiful bill” could make it cheaper for semiconductor manufacturers to build plants in the U.S. as Washington continues its efforts to strengthen its domestic chip supply chain.

Micron reports earnings, revenue beat and issues strong forecast

Micron reported better-than-expected earnings and revenue on Wednesday and issued a forecast that also topped analysts’ estimates. The stock initially popped in extended trading before paring most of its gains.

Nvidia Goes Nuclear, Investing in Bill Gates’ Start-Up

Nvidia is investing in a nuclear company founded by Bill Gates, marking an acceleration in the tech industry’s race to get the nuclear industry off the ground.

Nvidia-backed AI startup SandboxAQ creates new data to speed up drug discovery

SandboxAQ, an artificial intelligence startup spun out of Alphabet’s Google and backed by Nvidia (NVDA.O), opens new tab, on Wednesday released a trove of data it hopes will speed up the discovery of new medical treatments by helping scientists understand how drugs stick to proteins.