China warms to U.S. chipmaker Micron, as tensions with Washington ease
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, signally a further thaw in relations between…
Chipmaker Wolfspeed secures $1.25 billion in debt funding led by Apollo Global
(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, with room for an additional $750 million,…
Apollo Global leads debt investment in chipmaker Wolfspeed – media
(Reuters) – A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed to support its expansion in the U.S.,…
Chipmaker Intel restructures manufacturing business
(Reuters) – Intel Corp said on Wednesday its manufacturing business will work like a separate unit and will begin to generate a margin, but gave no clear timeline on when it will…
Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook
(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 the upper end of its second-quarter revenue…
Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall
(Reuters) – GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping sales of smartphones and other consumer electronics, sending its shares down nearly…
Chipmaker Arm to make its own semiconductor – FT
(Reuters) – British chipmaker Arm Ltd is building its own semiconductor to showcase the capabilities of its products, as it seeks to attract new customers and fuel growth following its Initial Public…
Chinese chipmaker SMIC warns of weak outlook despite record 2022 revenue
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 demand for electronics placed pressure on its…
Taiwan chipmaker UMC imposes strict cost controls over weak demand
TAIPEI (Reuters) – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of soft demand and a weak outlook, in a further sign of pain…
Chipmaker UMC cuts capex in readiness for prolonged downturn
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 on Wednesday, citing weakening consumer demand without…
Chipmaker Nvidia launches new system for autonomous driving
By Jane Lanhee Lee and Joseph White (Reuters) – Chip giant Nvidia Corp on Tuesday unveiled its new computing platform called DRIVE Thor that would centralize autonomous and assisted driving as well…
US Chipmaker Ordered To Halt Sales Of Semiconductors To China
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 report that the U.S. government informed them…
S.Korea to attend preliminary meeting of U.S.-led chipmaker group
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 Korea’s foreign minister said on Thursday. Seoul’s…
U.S. senators Schumer, Warner join calls to blacklist Chinese chipmaker YMTC
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 Technologies Company (YMTC), on a U.S. trade…
MCKENNA: Bernie Sanders Calls A Spade A Spade On Congress’ Massive Chipmaker Bill
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 run the shoestring operation that is the…
Taiwan chipmaker UMC sees further growth for sector into 2023
By Sarah Wu TAIPEI – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday it sees continued growth for the industry into next year, even as soaring inflation and recession fears cool…
Chipmaker AMD’s stock gets top rating from Bernstein after 10 years
By Siddarth S – A Wall Street analyst upgraded Advanced Micro Devices to a buy rating after 10 years on Tuesday, highlighting its growing market share, a strong portfolio of computer chips…
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