Antonio Bordunovi Chipmakers and designers such as NVIDIA (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing (NYSE:TSM) and Broadcom (NASDAQ:AVGO) have seen impressive run ups in their stocks over the past few months, thanks largely to the AI revolution stoking increased demand for their products. Since the beginning of the year, NVIDIA (NVDA) sharesContinue Reading
JasonDoiy Samsung (OTCPK:SSNLF) received an order from Tokyo-based AI firm Preferred Networks to make chips for AI applications using the South Korean company’s 2-nanometer foundry process and advanced 2.5D packaging technology Interposer-Cube S (I-Cube S). Samsung noted that the chips will be manufactured using a chip architecture called Gate-All-Around, orContinue Reading
hh5800 The Semiconductor Equipment Association of Japan said that sales of Japanese chipmaking tools are anticipated to grow 15% in the year to March 2025, driven by an AI-boosted recovery in spending on memory capacity, Bloomberg News reported. The industry group raised its annual guidance to ¥4.25T ($26B), from aContinue Reading
putilich Lighmatter, an artificial intelligence chip startup focused on photonic supercomputing, has hired long-time Nvidia (NASDAQ:NVDA) executive Simona Jankowski as its chief financial officer, the company announced Monday. Jankowksi spent more than two decades at Nvidia, where she served as vice president of investor relations and strategic finance. “Simona’s trackContinue Reading
MF3d/E+ via Getty Images The U.S. government’s ban on the export of high-quality chips used for artificial intelligence applications to China is limiting sector growth in the PRC, according to a report by The Information. Chinese tech firms are placing restrictions on the number of users with access to generativeContinue Reading
jiefeng jiang/iStock via Getty Images Synopsys (NASDAQ:SNPS) and Cadence Design Systems (NASDAQ:CDNS) are likely to continue benefiting as semiconductor design continues to become tougher, with the two companies showing off their competitive moats, investment firm Baird said. “In our view, both companies are driving product strategies that will solidify leadingContinue Reading
hh5800 South Korea will start granting aid to chip manufacturers from its 26T won (about $19B) package from July to boost domestic semiconductor manufacturing, Bloomberg News reported. The Asian country will start with an 18T won package, which includes loans and investment capital. In July, eligible companies can be partContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.55% Germany (DAX:IND) +0.85% The GfK Consumer Climate Indicator for Germany dropped to -21.8 heading into July 2024. France (CAC:IND) +0.41% The consumer confidence indicator in France fell to 89 in June 2024. The pan-European Stoxx 600 (STOXX) moved 0.61% higher, bouncing back fromContinue Reading
imaginima/iStock via Getty Images ByteDance (BDNCE), the Chinese firm that owns TikTok, is collaborating with Broadcom (NASDAQ:AVGO) on an advanced AI chip with the aim of securing a stable supply of high-end chips and lowering procurement costs amid China-U.S. trade tensions, two sources told Reuters. Manufacturing of the 5 nanometerContinue Reading
