semiconductor

Samsung Electronics Co (OTC:SSNLF) is projected to witness a significant rise in its first-quarter operating profit, but its stock has underperformed due to HBM. What Happened: The South Korean tech giant’s first-quarter operating profit is expected to reach 6.6 trillion won ($4.9 billion),...

The U.S. Treasury Secretary, Janet Yellen, has commenced her four-day visit to China, pledging to strengthen economic relations while cautioning against the global risks associated with China’s manufacturing overcapacity. What Happened: Yellen, during her meeting with Wang Weizhong, governor...

SK Hynix, a global memory chip giant, has revealed plans to invest a substantial $3.87 billion in its first-ever chip packaging facility in the United States. This move is a significant win for the Biden administration’s efforts to restore chip production. What Happened: The South Korean...

In the middle of an escalating U.S.-China tech war, Malaysia has become a significant hub for semiconductor manufacturing, attracting major global players. What Happened: As the U.S.-China tech war intensifies, Malaysia has emerged as a critical location for semiconductor manufacturing. The country...

The United States is reportedly preparing to release a list of Chinese chipmaking facilities that will be prohibited from receiving crucial tools. This move could significantly impact the global semiconductor industry. What Happened: The U.S. government is compiling a list of advanced Chinese chip...

On Friday, Taiwanese stocks soared to new heights, driven by the burgeoning demand for artificial intelligence (AI) and semiconductor technology. This trend is expected to continue, according to market analysts. What Happened: The Taiwan Weighted Index reached an intraday peak of 20,296 before...

Micron Technology (NASDAQ:MU) has reported robust financial results for the second quarter of fiscal 2024, citing significant market demand driven by strategic investments in high-bandwidth memory (HBM). What Happened: Micron’s Q2 2024 Earnings Conference Call on Wednesday highlighted a surge...

Sassine Ghazi, the CEO of Synopsys Inc (NASDAQ:SNPS), emphasized the company’s crucial role in the chip design industry, particularly for NVIDIA Corporation (NASDAQ:NVDA). What Happened: Ghazi spoke with Jim Cramer on Tuesday, highlighting Synopsys’ significance in the creation of...

NextEra Energy Inc (NYSE:NEE) CEO John Ketchum has made a bold prediction about the future of the U.S. electricity market, citing the rise of artificial intelligence (AI) as a major driving force. What Happened: Ketchum, speaking at the CERAWeek energy conference in Houston, forecasted an 81% surge...

Taiwan Semiconductor (NYSE:TSM) is reportedly considering expanding its advanced chip packaging capacity in Japan, which could significantly impact the global semiconductor industry. What Happened: TSMC is exploring the possibility of establishing advanced packaging facilities in Japan, sources...

Jim Cramer, the host of CNBC’s “Mad Money,” is gearing up to hear NVIDIA Corp (NASDAQ:NVDA) CEO Jensen Huang speak at the company’s annual GPU Technology Conference (GTC) this week. What Happened: Cramer expressed his anticipation for Huang’s speech at the GTC, which...

Light Street Capital managing partner Glen Kacher has advised investors to hold onto their semiconductor stocks, suggesting that it’s still early to exit the market. What Happened: Kacher pointed out that it might be too early to exit the semiconductor market. He suggested that it’s...

The AI sector is currently the hottest in the market, and Fidelity International is advising investors to consider indirect plays in addition to the obvious choices, such as NVIDIA Corp (NASDAQ:NVDA). What Happened: Fidelity International, a financial services firm, has suggested that investors...

Money manager Cathie Wood, the CEO of ARK Investment Management, has raised concerns about a potential market correction in the semiconductor sector. What Happened: In an interview with Bloomberg Businessweek Radio on Friday, Wood pointed out that the semiconductor industry might face a...

The Chinese Foreign Minister, Wang Yi, has criticized the U.S. for monopolizing technology, alleging that it hinders China’s development. This comes amid reports of the President Joe Biden administration pressuring allies to further restrict China’s access to semiconductor technology....