TAYLOR, Texas — The Commerce Department is on track to dole out all of the $39 billion in grant money allocated under the CHIPS Act by year-end, Commerce…
Read more Raimondo: Commerce Dept. will spend all of the CHIPS Act grant money this yearApple CEO Tim Cook holds a new iPhone 15 Pro during the Wonderlust project launch event at the company’s headquarters in Cupertino, California, Sept. 12, 2023. Loren Elliott…
Read more Apple iPhone shipments may see ‘significant decline’ in 2024, analyst saysWhen Apple announced the iPhone in 2007, Steve Jobs called it a “revolutionary product” in a handset category that he said needed to be reinvented. Now, nearly two…
Read more How the Apple iPhone became one of the best-selling products of all timeMorgan Stanley has revealed a list of global stocks it likes, with four of them providing parts for Tesla ‘s supercomputer system. Called Dojo, the system has revolutionized…
Read more Morgan Stanley loves these 4 tech stocks which provide parts for Tesla’s supercomputerPeople check Apple Macbook laptops at the new Apple Inc. store in New Delhi, India on April 20, 2023. Nurphoto | Nurphoto | Getty Images India’s consumer market…
Read more India’s consumer market set to become the world’s third largest by 2027, behind the U.S. and ChinaSMIC has been hit with U.S. sanctions but its business has continued to grow. However, China’s biggest chipmaker still faces a challenge catching up with rivals such as…
Read more China’s biggest chipmaker posts first quarterly revenue fall in 3 years as semiconductor woes persistSamsung is facing a testing time with profit slumping due to weak demand for its memory chips. SeongJoon Cho | Bloomberg | Getty Images An influential Samsung Electronics…
Read more Samsung union threatens first strike in company’s history as pressure mounts after profit plungeChina’s largest chipmaker SMIC won’t be able to produce cutting-edge chips competitively if it continues to be cut off from advanced equipment, analysts told CNBC. Vcg | Visual…
Read more China’s top chipmaker will ‘struggle’ to make cutting-edge chips competitivelyA pedestrian walks by a First Republic bank on April 26, 2023 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images This report is…
Read more CNBC Daily Open: A regional bank casts a shadow over Big TechThe collapse of Silicon Valley Bank has added to volatility in the tech sector, coming hot on the heels of expectations that interest rates are likely to remain…
Read more As tech gets hit again, strategists say these stocks present a buying opportunityXiaomi is trying to push into the high end of the smartphone market with the Xiaomi 13 Pro. It will pit the Chinese giant against rivals Apple and…
Read more Chinese smartphone giant Xiaomi takes aim at Samsung and Apple with latest $1,000 deviceApple maintained its position as the world’s largest smartphone maker by shipments in the fourth quarter of 2022, according to IDC. However, iPhone shipments declined 14.9% year-on-year. Stanislav…
Read more Smartphone shipments plunge to a low not seen since 2013 — their largest ever declineSamsung has faced pressure from plunging memory prices which has impacted its key profit driving DRAM and NAND business. Josep Lago | AFP | Getty Images Samsung’s profit…
Read more Memory prices to weigh on profitThe Nothing Phone (1). Nothing U.K.-based consumer tech company Nothing is setting its sights on the U.S., with ambitions of taking on Apple’s iPhone. The startup, the hardware…
Read more OnePlus co-founder Carl Pei’s new startup wants to launch smartphone in the U.S. to take on AppleSamsung said it will begin making chips with a 2 nanometer process in 2025 and 1.4 nanometer process in 2027. These would be some of the most advanced…
Read more Samsung aims to make the world’s most advanced chips in 5 years, as it plays catch up with TSMC
