Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Nvidia shares fell 2% in extended trading…
Read more Nvidia slides further in post-market trading after plunge that wiped out nearly $300 billion in market capSignage outside Intel headquarters in Santa Clara, California, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Intel shares fell 7% on Wednesday after the company…
Read more Intel shares dip after company reports $7 billion operating loss in foundry businessA partner at a Chinese semiconductor investment fund has welcomed the U.S. government’s ban of certain advanced chip types to be exported to China, describing the move as…
Read more U.S. chip export ban is ‘great news,’ says partner at Chinese tech investment fundSoftBank plans to list Arm in the U.S. CFOTO | Future Publishing | Getty Images Arm, the chip designer owned by Japan’s SoftBank, filed for a Nasdaq listing…
Read more Arm files for Nasdaq listing, as SoftBank aims to sell shares in chip designer it bought for $32 billionVolvo Cars CEO Jim Rowan photographed in Nov. 2022. The company wants every car it sells to be fully electric by the year 2030. Anders Wiklund | AFP…
Read more Volvo Cars will use Tesla’s Superchargers but not its autonomous driving tech. Its CEO explains whyDutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies,…
Read more Critical chip firm ASML, caught in China export restrictions, posts 38% rise in profitThe Japanese Investment Corporation (JIC) proposed a $6.3 billion buyout of JSR, one of Japan’s most critical chip firms. Akio Kon | Bloomberg | Getty Images A fund…
Read more Japan-backed fund to buy critical semiconductor firm JSR for $6.3 billion as chip tensions risePresident Joe Biden delivers a brief update of the ongoing negotiations over the debt limit in the Roosevelt Room at the White House on May 17, 2023 in…
Read more CNBC Daily Open: Debt ceiling detoursSMIC 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 persistThe artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration in the S&P 500 is at extreme levels.…
Read more A.I. trade is leaving investors vulnerable to painful losses: EvercoreThe U.S. has placed major chip export restrictions on Huawei and Chinese firms over the past few years. This has cut off companies’ access to critical semiconductors. Jaap…
Read more China’s chip industry will be ‘reborn’ under U.S. sanctions, Huawei says, confirming breakthroughPat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office…
Read more Intel stock tumbles after brutal resultsSamsung 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 profitSemiconductor maker Micron announced Wednesday that it would reduce its headcount by about 10% in 2023, in the latest example of a technology industry slowdown affecting employment. Shares…
Read more Semiconductor maker Micron announces 10% staff reduction, suspends bonusesThe U.S. has brought in sweeping measures to cut China off from high-tech semiconductors, hobbling the chip industry in the world’s second-largest economy. China has hit back against…
Read more China brings WTO case against U.S. and its sweeping chip export curbs as tech tensions escalateTOKYO — A newly founded Japanese semiconductor company aiming to revive Japan’s chip industry signed an agreement on Tuesday to collaborate with a Belgian research organization in developing…
Read more Japan, Belgium to cooperate in chip production, developmentPresident Joe Biden on Tuesday plans to visit the building site for a new computer chip plant in Arizona, using it as a chance to emphasize how his…
Read more Biden to visit Arizona computer chip site, highlight jobsNetherlands Prime Minister Mark Rutte speaks with U.S. President Joe Biden. The U.S. has been putting pressure on the Netherlands to block exports to China of high-tech semiconductor…
Read more A globally critical chip firm is driving a wedge between the U.S. and Netherlands over China tech policyApple CEO Tim Cook speaks at an event at the Apple Park campus in Cupertino, California, on Sept. 7, 2022. At a presentation dubbed Far Out, Apple is…
Read more Apple to launch a foldable iPad rather than iPhone in 2024, analyst predictsTAIPEI, Taiwan — Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, said Thursday that its quarterly profit rose 79.7% over…
Read more Taiwan chipmaker TSMC says quarterly profit $8.8 billion
