semiconductor

On Thursday, Wall Street opened the session with significant milestones as the S&P 500 and the Nasdaq 100 indices surged to new record highs. This rebound was driven by Nvidia Corp. (NASDAQ:NVDA), which soared 9% to $1,034 per share following outstanding earnings results and optimistic guidance...

South Korea has announced a 26 trillion won ($19 billion) support package for its semiconductor sector. What Happened: The package, revealed by President Yoon Suk Yeol, includes a 17 trillion won ($12 billion) financial support program via the state-run Korea Development Bank to encourage large-...

Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher in Wednesday’s after-hours session in sympathy with NVIDIA Corp (NASDAQ:NVDA), which popped on first-quarter earnings issued after the bell. What Happened With NVDA: Nvidia reported first-quarter revenue of $26.044 billion,...

Samsung Electronics Co (OTC:SSNLF) has appointed a new head for its semiconductor division, aiming to address the “chip crisis” and compete in the AI chip market. What Happened: Samsung has named Young Hyun Jun as the new chief of its semiconductor division, effective immediately,...

Lai Ching-te has been sworn in as the new president of Taiwan, the global semiconductor powerhouse, succeeding Tsai Ing-wen and pledging to continue the island’s policy of de facto independence while strengthening its defenses against China. What Happened: Lai, 64, was inaugurated on Monday,...

Nvidia Corp (NASDAQ:NVDA) stock is trading lower amid reports of Microsoft Corp (NASDAQ:MSFT) eying Advanced Micro Devices, Inc (NASDAQ:AMD) artificial intelligence chips for its cloud computing clients. Microsoft’s move reflects the acute supply crisis Nvidia is...

Jamie Dimon, the CEO of JPMorgan Chase & Co, emphasized the need for “full engagement” with China, despite its competitive stance against the West. What Happened: Dimon, during an interview with Sky News in London, acknowledged the challenging competition posed by China but...

The Taiwanese chip manufacturer Taiwan Semiconductor Manufacturing Company (NYSE:TSM) has seen a surge in analyst upgrades. This comes as the demand for artificial intelligence chips continues to rise. What Happened: As many as 14 analysts have upgraded TSMC in the past two weeks, reported CNBC....

China’s Semiconductor Manufacturing International Corp has reported a significant drop in its profit margin, reaching its lowest level since 2009. The company expects further decline as it expands its capacity to meet the growing demand from Huawei Technologies Co. and other clients. What...

ARM Holdings Plc (NASDAQ:ARM) is making a bold move to expand its presence in the automotive industry. The company has introduced its first autonomous driving solutions based on the powerful ARMv9 architecture. What Happened: During its fourth-quarter earnings call, ARM CEO Rene Haas announced the...

Goldman Sachs revised its 12-month price target for Nvidia Corporation (NASDAQ:NVDA) to $1,100. That’s up from the previous $1,000, maintaining a ‘Buy’ rating. This update follows an increase in earnings projections for 2025 through 2027. Analysts continue to praise Nvidia’...

The ongoing artificial intelligence boom has put two South Korean chipmakers, Samsung Electronics Co (OTC:SSNLF) and SK Hynix, in the spotlight. Industry experts are now discussing which company is the better investment in this AI-driven market. What Happened: The AI boom has significantly...

The AI frenzy is driving a surge in Taiwan’s ETF market, raising concerns among analysts and regulators about the market’s stability. What Happened: The Taiwan ETF market has seen a significant influx of capital as investors seek exposure to the AI supply chain, Reuters reported. This...

South Korean semiconductor company SK Hynix has revealed that its high-bandwidth memory (HBM) chips, crucial for AI chipsets, are almost sold out for 2025. This is due to the increasing demand for artificial intelligence services, primarily driven by the AI industry’s expansion. What Happened...

Super Micro Computer Inc (NASDAQ:SMCI) reported its third-quarter financial results after the bell Tuesday. Here's a look at the key figures from the report.  The Details: Super Micro Computer reported quarterly earnings of $6.65 per share which beat the analyst consensus estimate of $5.78 by 15.05...