Stock drops as much as 5.8% to fall below its $51 IPO Tweet on IPO price fluctuation Arm chip fell as low as $49.85, dropping below the $51 it sold shares in theRead More
Intel Corp. Chief Executive Officer Pat Gelsinger, plotting a comeback for the once-dominant chipmaker! CEO was pretty vocal and made the case that the company’s technology will be vital to an industrywide boomRead More
Intel Corp. jumped after the beleaguered chipmaking pioneer declared an end to the personal computer slump and said the second half of 2023 will show that its long-awaited comeback is underway, Bloomberg reportsRead More
Nvidia’s AI chips require large quantities of advanced memory. Samsung Electronics Co. leaped more than 6% on reports the company has won the right to supply advanced memory chips to AI leader NvidiaRead More
Beijing’s decision to ban major Chinese companies from buying Micron Technology’s products is going to be costly. Micron Technology said it would invest about $600 million to expand production in the Chinese cityRead More
Advanced Micro Devices is betting cloud giants crack open their wallets again later this year. Some of the chipmaker’s fans on Wall Street aren’t so sure that will happen. AMD tweet on chipsRead More
South Korean company’s billions investment in its foundry business and increasing politicization of the chip sector will be tailwinds over the long run, WSJ reports As Memory-chip maker Samsung is all in and Read More
GlobalFoundries, and STMicro are set to build chip plant, backed by the French government aimed at boosting supply-chain security GlobalFoundries Inc. and STMicroelectronics two of the world’s largest chip makers, said they wouldRead More
Samsung is forecasting a roughly 52% jump in its fourth-quarter operating profit from the year-ago period! lifted by resilient demand for memory chips and improved returns from its contract chip-making business, WSJ findsRead More
The CHIPS and Science Act of 2022 creates a $39 billion fund that would provide direct financial assistance for the construction and expansion of semiconductor manufacturing facilities, among other purposes, according to aRead More
