(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 weakness in other key markets. …
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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 …
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(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 its key industrial market worsened. …
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(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 local manufacturing facilities. The CHIPS …
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(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 …
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(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 …
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(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 …
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(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 …
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(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 …
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(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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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KUALA LUMPUR – American chip manufacturer Intel Corporation will invest 30 billion ringgit ($7.10 billion) in a new, state-of-the-art facility, Malaysian authorities said on Monday. The Malaysian Investment Development Authority, …