CHIPMAKING
South Korean shares hit over 29-month high, Samsung Electronics shines South Korean financial markets experience a surge, with shares hitting a 29-month high driven by Samsung Electronics' expected profit increase. Auto and financial sectors also see gains due to dividend policy measures. Bank of Korea suggests structu...
04 Jul, 2024, 01.02 PM ISTAI-focused tech firms see big jump in market cap in June Nvidia shares rose as much as 27% in June, boosting its market capitalization to $3.34 trillion, before giving up some of their gains later in the month, due to profit booking and concerns over its high valuations.
02 Jul, 2024, 05.33 PM ISTNvidia set to face French antitrust charges The French so-called statement of objections or charge sheet would follow dawn raids in the graphics cards sector in September last year which sources said targeted Nvidia.
01 Jul, 2024, 08.58 PM IST- ADVERTISEMENT
Chinese chipmaker Nexperia invests $200 million in European expansion Nexperia makes 100 billion such chips annually, nearly a quarter of the world's supply. These chips are preferred over traditional silicon chips due to their enhanced efficiency, speed, lightweight nature, and capability to operate effectively in hi...
27 Jun, 2024, 01.44 PM ISTNvidia enters correction territory as slump erases $430 billion Shares fell 13% over the period, past the 10% threshold that represents a correction. The drop weighed on chipmakers with the Philadelphia Stock Exchange Semiconductor Index falling 3% on Monday. Broadcom Inc. fell 4% while Qualcomm Inc. dropped 5.5...
25 Jun, 2024, 06.36 AM ISTWhy is this Wall Street analyst predicting a stock market drop in the US? Sam Stovall who is a leading Wall Street analyst has predicted that an economic slowdown could cause a fall of 5% in stock prices in the US. He stated that this will be noticed towards the end of this year.
22 Jun, 2024, 02.32 AM ISTTo address talent shortage, chipmakers skilling engineering students Firms like Intel India, AMD, Applied Materials and Tessolve are teaming up students and employees to work on real-life projects, establishing labs in institutes like IIT-Bombay, driving industry-academia partnerships to conduct research in core desi...
20 Jun, 2024, 07.12 AM ISTNvidia's 10-for-1 stock split goes into effect after chipmaker's share price doubled this year Nvidia's 10-for-1 stock split goes into effect, giving investors nine additional shares for every one they own. Nvidia's stock price has more than doubled this year, making it the third most valuable company in the S&P 500.
10 Jun, 2024, 06.40 PM ISTZoho applies for semiconductor manufacturing facility in India Software company Zoho, aiming to tap into India's aspirations to become a global semiconductor player, has applied with a partner to set up a semiconductor manufacturing facility in India. Co-founder Sridhar Vembu confirmed the move, citing a string...
06 Jun, 2024, 03.08 PM ISTJapan's Nikkei rises as chip-related shares track US peers higher Japan's Nikkei share average rose 0.55% to close at 38,703.51, led by Tokyo Electron and chip-related stocks, but gains were limited ahead of global central bank meetings.
06 Jun, 2024, 12.45 PM ISTJapan's Nikkei jumps as chip-related shares track US peers higher Japan's Nikkei share average rose over 1% on Thursday, led by Tokyo Electron and other chip-related stocks tracking U.S. peers higher.
06 Jun, 2024, 08.15 AM ISTNvidia's stock market value surpasses $3 trillion Nvidia's stock price has more than doubled this year and it's now the third most valuable company in the S&P 500. The company is also about to undergo a stock split and has seen soaring demand for its semiconductors.
06 Jun, 2024, 07.40 AM ISTNvidia's market cap hits $3 trillion briefly, overtaking Apple as second most valuable company The latest rally in Nvidia comes as it prepares to split its stock ten-for-one, effective on June 7, a move that could increase its appeal to individual investors.
06 Jun, 2024, 07.40 AM ISTNvidia overtakes Apple as world's No. 2 most valuable company Nvidia's stock hits record high, surpassing Apple to become second most valuable company at $3 trillion. Silicon Valley chipmaker to split stock ten-for-one on June 7. Microsoft remains the world's most valued company with market value at $3.15 tril...
06 Jun, 2024, 01.49 AM ISTTSMC says it has discussed moving fabs out of Taiwan, but such a move impossible TSMC, a Taiwanese chipmaker, discussed moving its fabrication plants off the island amid tensions with China, but deemed it impossible due to 80-90% production capacity in Taiwan.
04 Jun, 2024, 12.14 PM ISTNvidia boss, top chip CEOs to lay out AI plans at Taiwan expo The world's biggest heavyweights in chipmaking and artificial intelligence will converge this week for Taiwan's premier tech expo, with Nvidia CEO Jensen Huang expected to get a rockstar reception at his keynote speech on Sunday. That is thanks in l...
02 Jun, 2024, 04.33 PM ISTIndian companies likely to use existing AI models to leverage their data: Intel executive Santhosh Viswanathan, vice president and managing director for the India region at chipmaker Intel, said the Indian market was at an “inflection point” with digitisation being a fundamental change and accelerant for the economy.
15 May, 2024, 06.00 AM ISTIntel discloses $7 billion operating loss for chip-making unit Intel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the year before. The unit had revenue of $18.9 billion for 2023, down 31% from $27.49 billion the year before.
03 Apr, 2024, 07.12 AM ISTJapan approves $3.9 billion in subsidies for chipmaker Rapidus Japan previously agreed to provide subsidies worth some 330 billion yen to Rapidus. The newly approved aid includes 53.5 billion yen for advanced packaging, which is becoming increasingly important for driving chip performance improvement.
02 Apr, 2024, 07.26 AM ISTUS urges allies to bar firms from servicing key chipmaking tools for China The Biden administration announced new restrictions on shipments of American-made chipmaking tools to advanced Chinese chip factories in 2022, and convinced key chipmaking tool producers Japan and the Netherlands to follow suit with their own contro...
28 Mar, 2024, 01.12 PM IST