semiconductor

Advanced Micro Devices Inc. (NASDAQ:AMD) has teamed up with Microsoft Corp. (NASDAQ:MSFT), Meta Platforms Inc. (NASDAQ:META), and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) to develop a new AI accelerator standard, a move that could potentially disrupt the AI hardware market. What Happened: The new...

For the first half of 2024, computer and semiconductor names like Dell Technologies Inc (NYSE:DELL), NVIDIA Corp (NASDAQ:AMD) and Advanced Micro Devices Inc (NASDAQ:AMD) could no wrong. Hype around artificial intelligence and heightened demand for chips helped push share prices higher, creating...

DeepL, a prominent artificial intelligence translation startup from Germany, introduced traditional Chinese as a new language option. This move aims to enhance its footprint in Asia. What Happened: The Cologne-based company, valued at $2 billion, primarily targets businesses with its...

NXP Semiconductors N.V. (NASDAQ:NXPI) reported second-quarter financial results after the bell on Monday. Here’s a rundown of the report. Q2 Earnings: NXP said second-quarter revenue decreased 5% year-over-year to $3.127 billion, beating analyst estimates of $3.125 billion. The company...

OpenAI is in discussions with Broadcom Inc. (NASDAQ:AVGO) to co-develop a new AI chip. This move is aimed at reducing the company’s dependency on Nvidia Corp. (NASDAQ:NVDA) and strengthening its supply chain. What Happened: OpenAI, co-founded and led by Sam Altman, is in talks with Broadcom...

The stock market may be on the brink of a significant correction, according to a leading market expert. Craig Johnson, the chief market technician at Piper Sandler, has issued a warning about the future of the “Magnificent Seven” stocks. What Happened: Johnson, in a recent appearance on...

Semiconductor stocks, tracked by the IShares Semiconductor ETF (NASDAQ:SOXX), have taken a beating this week. BofA believes the heavy selling pressure on semis sets the sector up for outperformance into the end of the year. What To Know: BofA Securities senior analyst Vivek Arya reminded investors...

The semiconductor market was jolted on Wednesday as stocks of major players like NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices, Inc. (NASDAQ:AMD), and Broadcom Inc. (NASDAQ:AVGO) took a sharp downturn. This came in the wake of reports suggesting that President Joe Biden is contemplating...

ASML Holding NV (NASDAQ:ASML), the leading supplier of equipment to computer chip manufacturers, has exceeded second-quarter earnings forecasts, driven by robust sales in China and a surge in new bookings. What Happened: The Dutch company reported a second-quarter net income of 1.6 billion euros ($...

In the escalating U.S.-China chip war, the Eindhoven University of Technology, a significant talent source for ASML Holding NV (NASDAQ:ASML), finds itself under increasing scrutiny from the U.S. The Netherlands, a primary source of machinery and expertise for advanced semiconductors, is under...

SoftBank Group Corp. (OTC:SFTBF) (OTC:SFTBY) led by has announced the acquisition of Graphcore, a UK-based chipmaker, in a significant move to bolster its artificial intelligence capabilities. What Happened: SoftBank, led by Masayoshi Son, has acquired Graphcore, a startup focused on AI, founded by...

ON Semiconductor Corp (NASDAQ:ON) announced it completed the acquisition of SWIR Vision Systems after the bell Tuesday. Here's a look at what to know.  The Details: On Semiconductor said SWIR Vision Systems is now a wholly owned subsidiary of On Semi, and its team is being integrated into On...

SoftBank Group subsidiary Arm Holdings (NASDAQ:ARM) CEO Rene Haas believes that analysts have underestimated the pace at which artificial intelligence is advancing. What Happened: Haas made these comments during an interview with Yahoo Finance’s Market Domination Overtime on Monday. He...

In a bid to secure a stable supply of high-end chips amid U.S.-China tensions, TikTok-parent ByteDance is reportedly collaborating with U.S. chip designer Broadcom (NASDAQ:AVGO) to develop an advanced AI processor. What Happened: The chip in question is a 5-nanometer custom product known as an...

Micron Technology, Inc. (NASDAQ:MU) shares are trading lower Friday as the recent rally in semiconductor and AI-related stocks takes a breather. Here's a look at the details.  What To Know: Bloomberg reported Thursday Micron faces construction delays after it discovered two endangered North...