chips

Morgan Stanley has positioned Aspeed Technology at the forefront of its stock picks, highlighting the company’s exclusive partnership with Nvidia and its promising market potential. What Happened: Morgan Stanley analysts have named Aspeed Technology, a fabless chip designer from Taiwan, as...

xAI founder and the CEO of SpaceX and Tesla, Elon Musk, says the “next big step” for the artificial intelligence company would be Nvidia Corporation’s  (NASDAQ:NVDA) AI chips, the Blackwell B200s. According to New Street Research analyst Pierre Ferragu, this development...

Wednesday witnessed a varied performance across major U.S. indices. The S&P 500 closed the day steady at 5,187.67, while the Nasdaq experienced a slight decline of nearly 0.2%, settling at 16,302.76. On the other hand, the Dow Jones Industrial Average saw a positive movement, climbing 0.4% to...

The Biden administration has revoked export licenses that previously allowed major American semiconductor manufacturers, Intel Corp. (NASDAQ:INTC) and Qualcomm Inc. (NASDAQ:QCOM), to supply essential chips to Huawei. This decision, as confirmed by the Commerce Department to the Financial Times on...

Japanese tech giant SoftBank Group Corp (OTC:SFTBY) has announced its plans to invest a significant sum in the development of an advanced artificial intelligence (AI) model, leveraging NVIDIA Corp (NASDAQ:NVDA) chips. What Happened: SoftBank is set to invest a whopping $960 million over the next...

Chinese entities have managed to acquire high-end NVIDIA Corp (NASDAQ:NVDA) chips, despite the U.S. imposing a ban on such technology. The chips were obtained through third-party vendors and were embedded in servers made by Super Micro Computer Inc. (NASDAQ:SMCI), Dell Technologies Inc. (NYSE:DELL...

The semiconductor industry continues to navigate the complex geopolitical landscape, with U.S. companies maintaining a significant presence in the Chinese market despite stringent export controls. What Happened: China remains a critical market for U.S. semiconductor firms, even as the U.S....

SK Hynix, a global memory chip giant, has revealed plans to invest a substantial $3.87 billion in its first-ever chip packaging facility in the United States. This move is a significant win for the Biden administration’s efforts to restore chip production. What Happened: The South Korean...

In a strategic move, Taiwanese chipmaker United Microelectronics Corp. (NYSE:UMC) is set to augment its U.S. production capabilities through a partnership with Intel (NASDAQ:INTC). What Happened: UMC and Intel will jointly develop 12-nanometer chip technology for contract production at three Intel...

Ferrari N.V. (NYSE:RACE) saw a remarkable surge in sales in Taiwan, outpacing China and Hong Kong, thanks to the flourishing wealth of the country’s chip entrepreneurs and the diversification of global supply chains. What Happened: Ferrari’s sales in Taiwan have doubled over the past...

In a strategic move, Alexis Ohanian, the co-founder of Reddit, is setting his sights on the burgeoning U.S.-Japan chip sector through his venture capital firm Seven Seven Six. What Happened: Ohanian is targeting tech investments in Japan, with a keen focus on reinforcing the U.S.-Japan chip...

A newly established investment firm in Abu Dhabi is reportedly in discussions to back OpenAI‘s chip ambitions. What Happened: A new Abu Dhabi investment firm, MGX, is reportedly negotiating to invest in OpenAI’s ambitious semiconductor project, the Financial Times reported on Thursday...

On Wednesday, major U.S. indices closed with a mixed performance. The Dow edged up by 0.13% to reach 38,612.24, contrasting with the NASDAQ, which experienced a slight decline of 0.32% to settle at 15,580.87. However, the S&P 500 managed to close in positive territory, gaining 0.13% and...

China’s largest chipmaker, Semiconductor Manufacturing International Corp (SMIC), has managed to produce more sophisticated chips despite U.S. sanctions. However, the company still faces significant hurdles in its quest for semiconductor self-sufficiency. What Happened: Despite U.S. sanctions...

The U.S. stock market resumed its decline on Tuesday following a one-day closure for Martin Luther King Jr. Day. The major indices were all red at the end of the trading day in New York as investors continued to monitor corporate earnings season and prospects for future interest rates. The S&P...