DOMESTIC CHIP EQUIPMENT MAKERS
Japan's Nikkei drops from record high on chip selloff, yen intervention nerves The Nikkei share average dropped 2% on Friday, influenced by a tech stock selloff mirroring Wall Street. Profit-taking before Japan's long weekend due to currency intervention concerns. Tokyo Electron and Disco saw significant declines. Topix also d...
12 Jul, 2024, 08.39 AM ISTHedge funds turn to South Korea for next wave in AI Hedge funds, including FengHe and CloudAlpha, invest in South Korea's chipmakers and firms like HD Hyundai Electric. These companies support Nvidia, aided by a 26 trillion won government package, boosting the KOSPI index. Despite the depreciating wo...
11 Jul, 2024, 08.39 PM ISTJapan's Nikkei crosses 42,000 points as Wall Street rally spurs sentiment Japan's Nikkei and Topix surged as Wall Street's Nasdaq and S&P 500 hit records. Nikkei reached 42,179.84, driven by yen depreciation and semiconductor shares like Taiwan Semiconductor Manufacturing Co. Gains in Fast Retailing, Socionext, Sumco, Son...
11 Jul, 2024, 09.38 AM IST
Former ASML CEO says US-China chip fight will continue The recently retired CEO of semiconductor equipment maker ASML said in an interview that discussions between US and China are not being conducted on the basis of facts, data or content but rather on ideology. Since 2018, the US has imposed increasin...
06 Jul, 2024, 04.23 PM ISTUS chip dreams will fade without more immigrants In a rare display of bipartisan cooperation, Democrats and Republicans passed the Chips and Science Act to revitalize US semiconductor manufacturing. However, a failure to address the shortage of skilled workers threatens the industry's growth. Prop...
29 Jun, 2024, 11.08 AM ISTJapan's Advantest says AI demand boosting memory tester business HBM, a type of high performance memory where chips are stacked to save space and reduce power consumption, is used when processing the large amount of data needed for AI tasks.
12 Jun, 2024, 12.15 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 ISTWhy imports from China are rising despite atmanirbhar Bharat initiatives Imports from China is something India should monitor. But in some ways, this might be the way for the country to become a self-reliant economy.
01 Jun, 2024, 10.11 AM ISTTo woo local chip makers, China sets up $47.5-billion fund The third phase of National Integrated Circuit Industry Investment Fund has amassed 344 billion yuan ($47.5 billion) from the central government and various state-owned banks and enterprises, including Industrial & Commercial Bank of China Ltd, acco...
28 May, 2024, 12.32 AM ISTJapan's Nikkei hits closing high as Nvidia earnings boost tech Japan's Nikkei share average rose to a one month high led by tech stocks after Nvidia's strong earnings. Analyst Kenji Abe from Daiwa Securities mentioned the positive impact on Japanese tech stocks, especially semiconductor-related companies.
23 May, 2024, 12.45 PM ISTAnanant Systems working with major local OEMs to develop BSNL’s 5G chip Bengaluru-based Ananant Systems is looking to address the expanding requirements for advanced connectivity, computing, and security for wireless 5G and 6G infrastructure and devices. Its offerings include intellectual property (IP), chip design, sem...
21 May, 2024, 06.54 AM ISTSouth Korea prepares support package worth over $7 billion for chip industry Finance Minister Choi Sang-mok said the government would soon announce details of the package, which targets chip materials, equipment makers, and fabless companies throughout the semiconductor supply chain.
12 May, 2024, 04.41 PM ISTMicron set to get $6.1 billion in chip grants from US The award, which is not yet finalised, will fund chipmaking facilities in New York and Idaho from the CHIPS & Science law, the senator said in a statement.
18 Apr, 2024, 08.06 PM ISTASML Q1 bookings miss forecast, but China sales hold up ASML faces lower Q1 bookings but stable China sales despite U.S. restrictions. Anticipates 2025 growth due to demand from TSMC, Nvidia, Apple, and new chip plants. Shares dropped to 873.40 euros.
17 Apr, 2024, 02.04 PM ISTSouth Korea's Hanwha Aerospace to spin off industrial solutions businesses from defence South Korea's Hanwha Aerospace announced plans to spin off its semiconductor equipment and video surveillance businesses to focus on its defense division. The spin-off will separate chip equipment maker Hanwha Precision Machinery and surveillance ca...
05 Apr, 2024, 05.31 PM ISTWhy maintaining ASML equipment is the new front in US-China chip war ASML dominates the market for lithography tools - huge expensive, complex machines that perform one step in the chipmaking process, helping to create circuitry.
05 Apr, 2024, 09.30 AM ISTAt major China chip fair, firms ramp up call to buy domestic The message was plastered across booths and marketing materials of a variety of companies, from chip equipment makers to materials producers. These included Vel-Tec Semiconductor, a Kunshan-based firm that makes photoresist coating equipment, and Sh...
22 Mar, 2024, 04.35 PM ISTBuy local chips, China urges EV makers as US clash deepens Chinese government urges EV manufacturers to boost local chip purchases through Ministry of Industry, aiming to reduce reliance on Western imports. Tender processes show preference for local suppliers even with lower price offers from foreign bidder...
15 Mar, 2024, 11.58 PM ISTChinese chip equipment makers grab market share as US tightens curbs Chinese domestic equipment manufacturers, such as toolmaker Naura and etching equipment maker AMEC, are winning a much higher proportion of tenders from Chinese foundries than in previous years, as chipmakers race to replace foreign-made equipment w...
19 Oct, 2023, 10.18 AM IST