chips

Semiconductor stocks have fallen in the first two trading sessions of 2024. Is this a sign of a strained market with valuations running too hot and prompting investors to take profits? Bank of America said it remained bullish on the Philadelphia Semiconductor Index (SOX) for 2024, despite its 65%...

In the ongoing worldwide semiconductor dispute, the Chinese government is surreptitiously transforming Huawei Technologies Co. into a significant player to create an independent chip environment. What Happened: A recent Bloomberg report reveals Huawei’s expanded...

Apple Inc. (NASDAQ:AAPL) has reportedly decided not to augment its payments to Arm Holdings (NASDAQ:ARM). What Happened: In the wake of its recent initial public offering, Arm has reportedly been pushing Apple to pay more than $0.30 per iPhone for its intellectual property, reported AppleInsider....

Alibaba Group Holding Limited (NYSE: BABA) shares tumbled almost 10% in Hong Kong today after its announcement that it will not proceed with the spinoff of its cloud group that competes with Amazon.com Inc (NASDAQ: AMZN) Amazon Web Services as well as with Microsoft Corporation (NASDAQ:...

Apple Inc. (NASDAQ:AAPL)’s ambitious endeavor to develop its own cellular modem for iPhones, aiming to replace Qualcomm Inc. (NASDAQ:QCOM) as its primary supplier, has encountered notable challenges. This complex undertaking has reportedly led to a delay in Apple’s plans, pushing back...

Along with announcing two new chips that promise to challenge even the mighty Apple Inc (NASDAQ: AAPL), Advanced Micro Devices Inc (NASDAQ: AMD) and Intel Corporation (NASDAQ: INTC), Qualcomm Incorporated (NASDAQ: QCOM) topped estimates with its latest quarterly results, signaling the chip market...

A partner at a Chinese tech investment fund has lauded the U.S. government’s ban on certain advanced chip exports to China, suggesting it’s “great news” that will spur a domestic ecosystem. According to a report from CNBC, Chloe Wang, partner and vice-...

The escalating competition for chip supremacy demands a concerted effort from industry and government, warns Intel (NASDAQ:INTC) CEO Pat Gelsinger. He emphasizes the critical role of technology supply chains in shaping geopolitical dynamics. According to Barron’s report,...

Short Hills Capital's Steve Weiss sold out of his Nvidia Corp (NASDAQ: NVDA) position as he saw Microsoft Corp (NASDAQ: MSFT) as a bigger beneficiary of the AI boom. Why Sell Nvidia: Nvidia shares have more than tripled since the beginning of the year on the back of...

U.S. lawmakers are pushing President Joe Biden’s administration to limit American corporate engagement with open-source chip technology RISC-V, alleging that it aids Beijing’s semiconductor goals and could potentially compromise U.S. national security. RISC-V, pronounced “risk...

Goldman Sachs added NVIDIA Corp (NASDAQ: NVDA) to its conviction list on Monday, calling it the main "shovel provider" in the AI gold rush.  What To Know: Nvidia shares were getting a lift from Goldman Sachs' positive commentary on the chipmaker's positioning in the...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Friday gave a rather tongue-in-cheek reply to a fan requesting him to “revolutionize” chip making. What Happened: “Elon Musk needs to revolutionize chip manufacturing,” the user wrote on X, formerly Twitter, while adding that it is...

Shares of several semiconductor and AI-related stocks are trading higher in sympathy with NVIDIA Corp (NASDAQ: NVDA), which reported strong second-quarter financial results and third-quarter guidance. What To Know: NVIDIA reported quarterly earnings of $2.70 per share which beat the analyst...

On Friday, Chinese tech giant Huawei Technologies reported modest growth of its consumer business amid U.S. sanctions and slower than expected recovery of the country’s economy.  Highlights During the second quarter, overall revenue rose 4.8% YoY to 178.8 billion yuan. But when...

Startup chipmaker Cerebras Systems Inc. has built the first of nine artificial intelligence supercomputers, Condor Galaxy 1, with funding from Abu Dhabi, aiming to offer alternatives to systems using Nvidia Corp. (NASDAQ:NVDA) technology, Bloomberg reports. What Happened: The supercomputer, located...