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chipmaker

Chipmaker NXP forecasts profit above estimates on resilient auto, industrial

November 6, 2023
Chipmaker nxp forecasts profit above estimates on resilient auto, industrial - photo licensed by shore news network.

(Reuters) – Chipmaker NXP Semiconductors forecast fourth-quarter profit above Wall Street targets on Monday, expecting a resilient automotive market and stable industrial demand to offset …

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China warms to U.S. chipmaker Micron, as tensions with Washington ease

November 3, 2023November 3, 2023
China warms to u. S. Chipmaker micron, as tensions with washington ease - photo licensed by shore news network.

BEIJING (Reuters) – China’s commerce minister told Micron Technology Inc’s president Beijing would welcome the U.S. semiconductor company deepening its footprint in the Chinese market, …

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Chipmaker TI forecasts dull fourth-quarter as industrial weakness deepens

October 24, 2023
Chipmaker ti forecasts dull fourth-quarter as industrial weakness deepens - photo licensed by shore news network.

(Reuters) -Texas Instruments on Tuesday forecast fourth-quarter revenue and profit below estimates, as the analog chipmaker was forced to slash some production after demand across …

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Chipmaker GlobalFoundries seeks funding under CHIPS Act

September 25, 2023
Chipmaker globalfoundries seeks funding under chips act - photo licensed by shore news network.

(Reuters) – Contract chipmaker GlobalFoundries said on Monday it has submitted applications for funding under the U.S. CHIPS act to expand capacity and modernize its …

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Chipmaker Wolfspeed secures $1.25 billion in debt funding led by Apollo Global

June 26, 2023
Chipmaker wolfspeed secures $1. 25 billion in debt funding led by apollo global - photo licensed by shore news network.

(Reuters) – Wolfspeed said on Monday that a group led by Apollo Global Management would make a debt investment of $1.25 billion in the chipmaker, …

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Apollo Global leads debt investment in chipmaker Wolfspeed – media

June 25, 2023June 25, 2023
Apollo global leads debt investment in chipmaker wolfspeed - media - photo licensed by shore news network.

(Reuters) – A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed …

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Chipmaker Intel restructures manufacturing business

June 21, 2023June 21, 2023
Chipmaker intel restructures manufacturing business - photo licensed by shore news network.

(Reuters) – Intel Corp said on Wednesday its manufacturing business will work like a separate unit and will begin to generate a margin, but gave …

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Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook

May 31, 2023
Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook - photo licensed by shore news network.

(Reuters) – Shares of Intel Corp rose about 5% after the chipmaker’s finance chief said on Wednesday that the company is on track to hit …

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Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall

May 9, 2023
Chipmaker globalfoundries forecasts downbeat quarter, shares fall - photo licensed by shore news network.

(Reuters) – GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping sales of smartphones and other …

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Chipmaker Arm to make its own semiconductor – FT

April 23, 2023
Chipmaker arm to make its own semiconductor - ft - photo licensed by shore news network.

(Reuters) – British chipmaker Arm Ltd is building its own semiconductor to showcase the capabilities of its products, as it seeks to attract new customers …

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Chinese chipmaker SMIC warns of weak outlook despite record 2022 revenue

February 9, 2023
Chinese chipmaker smic warns of weak outlook despite record 2022 revenue - photo licensed by shore news network.

SHANGHAI (Reuters) -Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Thursday warned of a weak 2023 despite record high sales last year, as slowing …

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Taiwan chipmaker UMC imposes strict cost controls over weak demand

January 16, 2023
Taiwan chipmaker umc imposes strict cost controls over weak demand - photo licensed by shore news network.

TAIPEI (Reuters) – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of soft demand and a weak …

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Chipmaker UMC cuts capex in readiness for prolonged downturn

October 26, 2022
Chipmaker umc cuts capex in readiness for prolonged downturn - photo licensed by shore news network.

By Sarah Wu TAIPEI (Reuters) – Taiwanese chipmaker United Microelectronics Corp (UMC) has cut this year’s planned capital expenditure by almost a fifth, it said …

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Chipmaker Nvidia launches new system for autonomous driving

September 20, 2022
Chipmaker nvidia launches new system for autonomous driving - photo licensed by shore news network.

By Jane Lanhee Lee and Joseph White (Reuters) – Chip giant Nvidia Corp on Tuesday unveiled its new computing platform called DRIVE Thor that would …

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US Chipmaker Ordered To Halt Sales Of Semiconductors To China

September 2, 2022September 1, 2022
Us chipmaker ordered to halt sales of semiconductors to china - photo licensed by shore news network.

US Chipmaker Ordered To Halt Sales Of Semiconductors To China John Hugh DeMastri on August 31, 2022 American chipmaker Nvidia announced in a Wednesday quarterly …

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S.Korea to attend preliminary meeting of U.S.-led chipmaker group

August 18, 2022
S. Korea to attend preliminary meeting of u. S. -led chipmaker group - photo licensed by shore news network.

SEOUL (Reuters) – South Korea is expected to attend a preliminary meeting for a U.S.-led group of major microchip manufacturers including Taiwan and Japan, South …

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U.S. senators Schumer, Warner join calls to blacklist Chinese chipmaker YMTC

August 1, 2022
U. S. Senators schumer, warner join calls to blacklist chinese chipmaker ymtc - photo licensed by shore news network.

By Karen Freifeld (Reuters) – Top Democrats including Senate majority leader Chuck Schumer have joined an effort to place China’s fast-growing chip manufacturer, Yangtze Memory …

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MCKENNA: Bernie Sanders Calls A Spade A Spade On Congress’ Massive Chipmaker Bill

August 1, 2022
Mckenna: bernie sanders calls a spade a spade on congress’ massive chipmaker bill - photo licensed by shore news network.

MCKENNA: Bernie Sanders Calls A Spade A Spade On Congress’ Massive Chipmaker Bill Michael McKenna on August 1, 2022 Last week, the barefoot boys who …

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Taiwan chipmaker UMC sees further growth for sector into 2023

July 27, 2022
Taiwan chipmaker umc sees further growth for sector into 2023 - photo licensed by shore news network.

By Sarah Wu TAIPEI – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday it sees continued growth for the industry into next year, even …

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Chipmaker AMD’s stock gets top rating from Bernstein after 10 years

February 22, 2022
Chipmaker amd's stock gets top rating from bernstein after 10 years - photo licensed by shore news network.

By Siddarth S – A Wall Street analyst upgraded Advanced Micro Devices to a buy rating after 10 years on Tuesday, highlighting its growing market …

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