HIGH TECH CHIPS
Tech stocks boost Nifty to fresh lifetime high, Sensex rises 200 pts Nifty50 hit a record high driven by IT stocks on U.S. rate cut hopes. HCL Tech and BSE Sensex rose. Nifty IT, Auto sectors rose; Private Bank, FMCG, Realty sectors saw cuts. HCL, SBI, Infosys, Tech Mahindra gained. Likely 25 basis point rate cut ami...
15 Jul, 2024, 09.52 AM ISTJapan'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 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- ADVERTISEMENT
All about chip giant TSMC that crossed $1 trillion market cap Set up by MIT and Stanford graduate Morris Chang in 1987, TSMC soon became the leader of the semiconductor industry. The Taiwan-based company manufactures almost 90% of the world's total chips and is the sole supplier of tech giants like Nvidia, App...
09 Jul, 2024, 07.18 PM ISTSamsung Electronics wins cutting-edge AI chip order from Japan's Preferred Networks Samsung Electronic said in a statement the chip will be made using high-tech chip architecture known as gate all-around (GAA) and multiple chips will be integrated in one package to enhance inter-connection speed and reduce size.
09 Jul, 2024, 12.38 PM ISTU.S. creates high-tech global supply chains to blunt risks tied to China The core elements of the plan include getting foreign companies to invest in chipmaking in the United States and finding other countries to set up factories to finish the work.
09 Jul, 2024, 10.13 AM ISTJapan's main stock indexes at record closing highs as banks, autos and techs rise Japan's Topix and Nikkei hit record highs, led by gains in automakers, banks, and tech firms like Toyota, Honda, Mitsubishi UFJ, Advantest, and SoftBank. Yugo Tsuboi cited interest rates, a weak yen, and economic improvement. The TSE’s prime market ...
04 Jul, 2024, 12.28 PM ISTSoftBank trades above record-high close in win for Masayoshi Son SoftBank's shares surge on AI and chip investments, led by Masayoshi Son's strategic moves with key partnerships and focus on energy-efficient architecture. Despite market volatility and past setbacks, the company remains a prominent player in the g...
03 Jul, 2024, 10.11 AM ISTMicron Tech beats revenue estimates on AI chip demand; shares fall after run-up Benefiting from the high demand for memory chips, Micron Technology's revenue exceeded expectations in the third quarter. However, the company's forecast for the fourth quarter fell short of optimistic investor expectations, leading to a stock price...
27 Jun, 2024, 08.03 AM ISTAI drinks energy up - quantum computing will work to our advantage, but the tech is new The rapid advancement of computing over the past 70 years, driven by increases in computing power, has revolutionized various sectors such as banking, communication, healthcare, product design, and warfare. Semiconductor chip technology plays a cruc...
26 Jun, 2024, 07.28 PM ISTS&P 500, Nasdaq hit record highs on AI momentum, Dow edges up after weak retail sales The S&P 500 and Nasdaq hit record highs fueled by Nvidia's surge, overtaking Microsoft as the most valuable company. Chip stocks, including Qualcomm and Micron, rallied, boosting the Philadelphia SE Semiconductor index to a new peak.
19 Jun, 2024, 08.26 AM ISTNvidia hitting $3 trillion propels Jensen Huang’s wealth above Michael Dell’s On Friday, Huang reached another milestone, surpassing personal computer pioneer Michael Dell to become the world's 13th-richest person with a net worth of $106.1 billion, according to the Bloomberg Billionaires Index. His wealth has increased by mo...
08 Jun, 2024, 05.55 PM ISTUS stocks mixed as Nvidia retreat hits tech stocks; payrolls data in focus The Nasdaq and S&P 500 touched fresh intraday record highs shortly after the open, however, initial gains fizzled out as Nvidia slipped more than 2%. In the previous session, it had crossed $3 trillion in market valuation and overtaken Apple as the ...
06 Jun, 2024, 11.46 PM ISTEye on AI: Tech giants form industry group, Apple-OpenAI deal and other top developments Google, Microsoft, Intel and other tech companies have come together to take on chipmaking giant Nvidia. Apple partners with OpenAI. The ChatGPT maker is training its new flagship model to succeed GPT-4. Google is putting limits on AI search experie...
02 Jun, 2024, 06.00 AM ISTSamsung Electronics union announces first-ever strike Samsung Electronics in wage negotiations with union since January, failed to narrow differences, known for producing high-end memory chips for generative AI.
29 May, 2024, 08.44 AM ISTUS stocks bounce back ahead of long weekend The Nasdaq index surged over 1% and was heading for its fifth consecutive week of gains, while the Dow Jones Industrial Average faced a potential first weekly loss in five after hitting a two-week low on Thursday. Trading activity is expected to be ...
24 May, 2024, 10.39 PM 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 ISTBoom in semiconductor industry drives demand for tech roles The semiconductor industry in our country is experiencing rapid growth fueled by high demand and enabling government policies. Industry experts note a significant surge in demand for semiconductor professionals, with a conservative estimate suggesti...
13 May, 2024, 01.13 PM ISTHuawei's new phone uses more China-made parts, memory chip Huawei's Pura 70 Pro showcases China's tech self-sufficiency advancements through increased use of Chinese suppliers, including HiSilicon's NAND memory chip, and Kirin 9010 processor, challenging U.S. sanctions and impacting the smartphone market.
09 May, 2024, 09.06 AM ISTApple unveils new AI-focused chip in iPad Pro upgrade Apple introduces M4 chip in iPad Pro for AI tasks, focusing on AI integration. New iPad Air models with M2 chip. Analysts highlight importance of neural engine in Apple's latest products.
07 May, 2024, 09.02 PM IST