Tag: semiconductor industry
TSMC Beats Q3 Revenue Forecasts as AI Chip Demand Soars
TSMC Beats Q3 Revenue Forecasts as AI Demand Powers 30% Surge
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported a 30% year-on-year...
Chinese Rare Earth Stocks Rally as Beijing Tightens Export Controls
Chinese Rare Earth Stocks Surge as Beijing Tightens Export Restrictions on Key Technologies
Chinese rare earth stocks rallied sharply on Thursday after Beijing expanded export...
Bank of America Lifts TSMC Price Target on Stronger Pricing Outlook
Bank of America Raises TSMC Price Target, Citing Stronger Pricing Outlook and Growth Potential
Bank of America (BofA) has increased its price target for Taiwan...
Nvidia’s Growth Story Faces Complexity Amid Investment Spree, Yardeni Warns
Nvidia’s AI Growth Story Turns “Messy” Amid Investment Spree
The narrative around Nvidia is becoming “messy” as the AI leader pours billions into smaller companies...
Huawei Launches Bold Strategy to Take On Nvidia in AI Chip...
Huawei Technologies Co. has unveiled a bold three-year plan to challenge Nvidia’s leadership in the artificial intelligence chip market, Bloomberg reported. While the company...
Intel Shares Jump After Nvidia Buys $5 Billion Stake
Intel shares surged 26% on Thursday, climbing above $31 for the first time since July 2024, after Nvidia revealed a $5 billion investment in...
China Showcases Major Data Center Built on Homegrown Chips
China Unicom builds massive data centre with domestic AI chipsChina Unicom has completed a major step in building a new data centre powered by...
TSMC Reports 34% Jump in August Sales on Strong AI Chip...
Taiwan Semiconductor Manufacturing Corp (TSMC) (NYSE: TSM) reported on Wednesday that its August sales surged nearly 34%, driven by strong demand for AI chips....
Mistral AI Gets $1.5B Boost as ASML Takes Top Stake
ASML Invests €1.3 Billion in Mistral AI, Becomes Largest Shareholder
ASML Holding NV (AS:ASML) announced on Tuesday that it had taken a major stake in...
U.S. Considers Yearly Chip Supply Permits for Samsung and Hynix –...
The United States is considering a new rule that would require annual approvals for the export of chipmaking supplies to Samsung Electronics and SK...
