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Team Biden To Restrict China's Access to US Cloud Services: WSJ
Wednesday, July 5, 2023 - 7:12am | 494Read More...As part of its ongoing efforts to safeguard advanced technology, the Biden administration is planning to limit the access of Chinese companies to U.S. cloud-computing services, The Wall Street Journal reports. Implications for Cloud Service Providers According to sources familiar with the matter,...
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Xi Jinping's China To Overcome US Curbs With Chinese Chipmakers Heading For $8B IPO: Nikkei Asia
Saturday, July 1, 2023 - 4:25am | 487Read More...Chinese semiconductor manufacturers, aiming to rebound from a market slump and U.S. export restrictions, anticipate raising over $8 billion from stock market listings this year, Nikkei Asia reports. Expansion Amid Challenges The Hong Kong-listed Hua Hong Semiconductor received approval in early...
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Nvidia Says Prohibiting It From Selling AI Chips To China Will Lead To 'Loss Of Opportunities' In US: WSJ
Thursday, June 29, 2023 - 6:26am | 515Read More...The American chip industry could face significant long-term costs if new restrictions on the sale of artificial intelligence (AI) semiconductors to China are implemented, Nvidia Inc. (NASDAQ:NVDA) warns. These potential export controls could also exacerbate tensions between the U.S. and China, The...
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Micron Technology, US Chipmakers Receive Invitation from Narendra Modi to Boost Semiconductor Production In India
Thursday, June 22, 2023 - 2:39am | 498Read More...This story was first published on the Benzinga India Portal. India's Prime Minister, Narendra Modi, has extended an invitation to Micron Technology, Inc (NASDAQ: MU), an American chip maker, to ramp up semiconductor production in India, highlighting the country...
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AMD CEO Sees $150 Billion Future In AI, New Chip To Take On Nvidia
Tuesday, June 13, 2023 - 7:09pm | 550Read More...Following a two-hour-long Data Center and AI Technology premiere, Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa Su appeared on CNBC to provide a deeper look at the company’s AI technologies and vision for the future of data centers. The Key Takeaway? AMD is bullish on the growth...
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AMD's AI Tech Premiere: Everything That Was Announced
Tuesday, June 13, 2023 - 4:31pm | 692Read More...Advanced Micro Devices, Inc. (NASDAQ:AMD) on Tuesday announced artificial intelligence-focused advancements and offerings. The Data Center and AI Technology Premiere, led by CEO Lisa Su, introduced various innovations, including the AMD EPYC Bergamo processors and Instinct MI300 accelerators. Here...
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Nvidia CTO Slams Cryptocurrency: 'Doesn't Bring Anything Useful For Society'
Monday, March 27, 2023 - 7:41am | 359Read More...Michael Kagan, the Chief Technology Officer at Nvidia (NASDAQ: NVDA), said that cryptocurrencies do not “bring anything useful for society.” What Happened: Kagan on Sunday told The Guardian that the utility of cryptocurrencies for humanity is questionable at best. “I...
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Why Nvidia Stock Is Shooting Up Premarket
Thursday, March 23, 2023 - 7:25am | 270Read More...Nvidia Corp. (NASDAQ: NVDA) shares have been on a roll in recent sessions. What Happened: The stock rallied on Wednesday despite the iShare Semiconductor ETF (NASDAQ: SOXX) and the Invesco QQQ Trust (NASDAQ: QQQ) declining 0.99% and 1.36%, respectively. The momentum may be spilling over into...
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Why This AMD Analyst Is Bumping Up Price Target For Stock By 19% Following Q4 Results
Wednesday, February 1, 2023 - 7:15am | 391Read More...Advanced Micro Devices Inc. (NASDAQ: AMD) announced late on Tuesday better-than-feared fourth-quarter results, sending its shares higher in after-hours trading. The AMD Analyst: KeyBanc Capital Markets analyst John Vinh maintained an Overweight rating and increased the price target from $80...
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AMD Pulls Back After Monday's 9% Rally — Why The Stock Is Reversing In Premarket
Tuesday, January 24, 2023 - 7:59am | 267Read More...Advanced Micro Devices Inc. shares are giving back some of their Monday's gains achieved on the back of a positive analyst action. What Happened: In premarket trading, the stock shed 2.33% to $74.75, according to Benzinga Pro data. Bernstein analyst Stacy Rasgon downgraded AMD...
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Why TSMC Shares Are Rallying Despite Lackluster Q1 Guidance
Thursday, January 12, 2023 - 7:56am | 244Read More...Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) were advancing in premarket trading on Thursday. What Happened: The Hsinchu, Taiwan-based company reported fourth-quarter earnings that beat expectations despite a revenue miss. More importantly, the company guided to below-...
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TSMC Guides To Below-Consensus Q1 Amid Continued End Market Weakness, Inventory Corrections
Thursday, January 12, 2023 - 3:25am | 654Read More...Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) reported Thursday fourth-quarter revenue that came in below consensus estimate but earnings beat expectations, helped by margin expansion achieved on the back of increased sales of advanced chips and cost controls. The company expects...
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For Cues On Apple's Upcoming Q1 Results, Watch This Key Supplier's Earnings Print Tonight, Says Munster
Thursday, January 12, 2023 - 2:14am | 518Read More...Apple Inc. (NASDAQ: AAPL) chip supplier Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) is scheduled to report its fourth-quarter results on Thursday. What Happened: TSMC’s forward guidance will have a measurable impact on the market’s view about Apple’s March...
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Apple Supplier TSMC's Q4 Revenue Growth Slows Amid Demand Softness But Comes Roughly In Line With Estimates
Tuesday, January 10, 2023 - 7:55am | 330Read More...Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), on Tuesday, reported December quarter revenues that implied that the quarterly numbers came roughly in line with estimates. The topline growth, however, slowed both from the previous quarter and the year. What Happened: Taiwanese...
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Apple Set To Bring Radical Transformation In Chip Industry With Plan To Ditch Broadcom, Qualcomm As Suppliers: Report
Tuesday, January 10, 2023 - 4:22am | 528Read More...Apple Inc. (NASDAQ: AAPL) has been stepping up efforts to diversify away from chip suppliers and use its own silicon in its hardware devices. What Happened: Apple is planning to replace a key part supplied by Broadcom Inc. (NYSE: AVGO) with an in-house component by 2025, Bloomberg...
















