TSMC posts fastest monthly revenue growth since 2022 on AI chip boom
TSMC displayed on a phone screen and microchip and are seen in this illustration photo taken in Krakow, Poland on July 19, 2023 Jakub Porzycki | Nurphoto | Getty Images…
Intel drops 8% after chipmaker reports hefty loss in foundry business
Signage outside Intel headquarters in Santa Clara, California, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Intel shares closed down 8% on Wednesday after the company disclosed…
Nvidia’s Blackwell AI chip will cost more than $30,000, CEO says
Nvidia’s next-generation graphics processor for artificial intelligence, called Blackwell, will cost between $30,000 and $40,000 per unit, CEO Jensen Huang told CNBC’s Jim Cramer on Tuesday on “Squawk on the…
India wants to be a global chip powerhouse in 5 years, says IT minister
Workers assembles smartphones at Dixon Technologies factory in Uttar Pradesh, India, on Thursday, Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images India wants to be among the world’s top…
Nvidia shares pop 14% in premarket trade after AI-fueled bumper earnings
Jensen Huang, president of Nvidia, holding the Grace hopper superchip CPU used for generative AI at the Supermicro keynote presentation during Computex 2023. Walid Berrazeg | Lightrocket | Getty Images…
Nvidia rally fueling FOMO in overall market: Evercore’s Julian Emanuel
Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and…
China making more advanced chips — but Beijing still faces challenges
A Chinese flag next to a printed circuit board with semiconductor chips. Florence Lo | Reuters China’s biggest chipmaker SMIC seems to have been manufacturing advanced chips in the last…
TSMC to open second Japan chip factory with backing from Sony, Toyota
Jakub Porzycki | Nurphoto | Getty Images TSMC on Tuesday said it will open a second manufacturing plant in Japan with backing from technology giant Sony and automaker Toyota. Japan…
Too exposed to Big Tech? These ETFs may help broaden out your risk
Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting nervous that too much money is concentrated in a handful…
ASML earnings report Q4 and full year 2023
Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML,…