Chipmaker

Nvidia's rallied to record highs on Wednesday, with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking Apple to become the world's second most valuable company. The surge in Nvidia's market value above Apple's marks a shift in Silicon Valley, which the company co-founded by Steve Jobs has dominated since it launched the iPhone in 2007

Chipmaker Intel to work closely with India's AI mission; to focus on local supply chain creation

Intel recently launched its new artificial intelligence chip, the Gaudi 3, to challenge Nvidia's dominance in AI semiconductors. It has commercial deals with Bharti Airtel, Infosys, Ola/Krutrim to deploy the Gaudi accelerator solutions in India

Chipmaker Micron's shares surge as AI boom drives strong forecast

Its shares shot up more than 16% in extended trading, adding to a rise of more than 60% over the last 12 months. Micron's stock was last at about $110, and a close at that level on Thursday would be its highest ever.

GQG adds more Nvidia as chipmaker has a 'new leg', says CIO

Fort Lauderdale, Florida-based GQG, which manages almost $100 billion in assets, added 8.2 million shares in Nvidia in the first quarter, worth $2.3 billion then, according to a regulatory filing.

Nvidia's stunning $184 billion surge; Five charts tell the story

The stock rose 24 percent on May 26, adding $184 billion to the Santa Clara, California-based company’s valuation.

Nvidia’s $184 billion jump in five charts

The stock rose 24% on Thursday, adding $184 billion to the Santa Clara, California-based company’s valuation.

Japanese chipmaker Renesas to reopen Beijing plant

Renesas, the world's leading maker of automobile chips, said on Monday it was making up for the lost output with existing stock and did not expect much of an impact from the stoppage. The plant, which halted output on Friday, mostly produces semiconductors used in industrial machinery and home appliances, a spokesperson said.

Japanese chipmaker Renesas halts Beijing plant as COVID spreads

The chipmaker will be able to make up for the lost output with existing stock and does not expect much of an impact from the stoppage, a spokesperson said.

Chipmaker STMicro sees sales growth slowdown in fourth quarter

STMicro said it expected fourth-quarter sales to edge up by 1.8% from the previous quarter to about $4.4 billion. This contrasts with the 12.6% jump seen in the three months that ended on September 30.

Chipmaker Nvidia launches new system for autonomous driving

Nvidia, a big player in the gaming chip and artificial intelligence (AI) market, has been making a big push in the automotive business, a key growth segment for the company.

Chipmaker Micron tempers forecast as demand weakness deepens

Fourth-quarter revenue may come in at or below the low end of its prior forecast, the company said, sending its shares down about 5% in premarket trading. Its earlier estimate of $7.2 billion, plus or minus $400 million, had missed Wall Street targets in June.

AMD pips Intel Corp in market-cap race

Shares of Intel Corp tanked after the company missed estimates for second-quarter results as demand for its chips used in personal computers cooled-off.

China’s top chipmaker achieves breakthrough despite US curbs

The Shanghai-based manufacturer is shipping Bitcoin-mining semiconductors built using 7-nanometer technology, industry watcher TechInsights wrote in a blog post on Tuesday.

Vedanta seeks free land, cheap water, power in race to be India's first chipmaker: Report

The oil-to-metals conglomerate in February said it will diversify into chip manufacturing and announced plans to form a joint venture with Taiwan's Foxconn to support Prime Minister Narendra Modi's plans to make India a semiconductor manufacturing hub.

Semiconductor group ASMI sees higher second-quarter revenue after record Q1

The Amsterdam-listed company anticipates revenue of between 540 million and 570 million euros ($586-$619 million) in the second three months of the year.

Intel mulling sale of cyber security business: Report

According to the report, the company has been talking to its bankers about options for the Intel Security unit, which was previously known as McAfee.

Intel cuts revenue forecast as desktop demand weakens

Intel Corp slashed nearly USD 1 billion from its first-quarter revenue forecast as small businesses put off upgrading their personal computers, sending the chipmaker's shares down more than 5 percent.

AMD unveils graphics processor for Apple's Mac Pro

AMD's FirePro D300, D500 and D700 professional GPUs offer exceptional compute power and reliability for creativity and productivity in a wide range of applications, the firm said in a release.

Intel creates new business division for connected gadgets

The Santa Clara, California chipmaker and other technology companies are betting that what they call the 'Internet of Things' - a trend toward connecting everything from bathroom scales to skyscraper ventilation systems via the Internet - will create massive demand for new electronics and software.

Samsung on course for record profit as memory chips rebound

The world's biggest memory chipmaker is likely to see its semiconductor earnings charge to a three-year high - a much-needed shot in the arm - just as sales of its flagship Galaxy S4 smartphone begin to flag, analysts say.

Intel in talks to invest $10 bn in Israel

Under discussion is an investment of USD 3 billion to upgrade the existing Fab 28 factory in the southern town of Kiryat Gat, and another USD 7 billion in a new factory in the town over the course of 10 years, Nahum Itzkovich, the new director of the Economy Ministry's Investment Centre said.

Samsung expects global PC market to shrink 5% in 2013

Samsung Electronics Co, the world's top memory chipmaker, said it expects the global personal computer market to shrink by 5 percent this year as consumer demand continues to shift to mobile devices such as tablet computers.

Intel may have little choice in big manufacturing bet

Intel Corp's decision to spend USD 13 billion in 2013 to develop and build future manufacturing technology has not gone down well on Wall Street but it may be necessary if it wants to stay on top of rivals in coming years.

Toshiba to cut memory chip production by 30%

Japan's leading chipmaker Toshiba Corp said on Tuesday it will cut production of NAND flash memory chips by 30%, underscoring the challenging supply conditions in the chip market and knocking its shares.

AT&T wins regulatory approval to buy Qualcomm spectrum

AT&T Inc said late on Thursday that it won regulatory approval to buy wireless spectrum from US chipmaker Qualcomm Inc, a move that would boost the company's 4G network.