New York CNN — The AI boom is here, and Nvidia is reaping all the benefits. Read moreIn Epic vs. Apple Court Fight, a Win for App Developers Shares of…
Tag: Chip
Micron Technology: China imposes sales restrictions on US chip maker as it escalates tech battle with Washington
Hong Kong CNN — China has banned Chinese companies working on key infrastructure projects from buying products from US semiconductor manufacturer Micron, in a major escalation of an ongoing battle…
Commerce Dept. Outlines Plans to Fund Cutting-Edge Chip Research
The U.S Commerce Department recently announced their plans to fund cutting-edge chip research in a bid to accelerate innovation and maintain America’s competitive edge in the semiconductor industry. The move…
Samsung to cut chip production after posting lowest profit in 14 years
Seoul Reuters — Samsung Electronics said on Friday it would make a “meaningful” cut to chip production after flagging a worse-than-expected 96% plunge in quarterly operating profit, as a sharp…
Chip Makers Turn Cutthroat in Fight for Share of Federal Money
Commerce Secretary Gina Raimondo told reporters on Wednesday that the goal was to create “at least two” new clusters of manufacturing capacity for leading-edge chips, in addition to facilities producing…
Netherlands and Japan Said to Join U.S. in Curbing China’s Access to Chip Tech
WASHINGTON — The Netherlands and Japan, both makers of some of the world’s most advanced equipment for manufacturing semiconductors, agreed on Friday to join with the United States in barring…
In Phoenix, a Taiwanese Chip Giant Builds a Hedge Against China
Former President Donald J. Trump and now Biden administration officials have pushed for measures to encourage both foreign and domestic chip makers to build more factories in the United States.…
The US is spending billions to boost chip manufacturing. Will it be enough?
CNN — The United States government is pulling out all the stops to boost domestic semiconductor manufacturing, injecting billions of dollars into the beleaguered sector and flexing all policy muscles…
Micron to invest up to $100 billion to build chip factory in upstate New York
CNN — Micron on Tuesday said it would invest up to $100 billion over the next two decades to build a massive semiconductor factory in upstate New York. The move…
AMD revenue warning signals deep chip slump; shares dive 4%
Chipmaker Advanced Micro Devices Inc on Thursday provided third-quarter revenue estimates that were about a billion dollars less than previously forecast, signaling the chip slump could be much worse than…