China’s SMIC is now world’s third-largest chip foundry: Counterpoint

China’s SMIC is now world’s third-largest chip foundry: Counterpoint

A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images China’s largest chipmaker SMIC is now the world’s third-largest foundry in terms of revenue in the first quarter, according to Counterpoint Research. State-backed SMIC, or … Read more

SoftBank’s Arm to launch AI chips by 2025 amid explosive demand

SoftBank’s Arm to launch AI chips by 2025 amid explosive demand

Arm logo displayed on a screen and and microchip are seen in this illustration photo taken in Krakow, Poland on September 14, 2023. Jakub Porzycki | Nurphoto | Getty Images SoftBank Group subsidiary Arm is planning to launch artificial intelligence chips by next year, according to a Nikkei Asia report, as the battle for AI … Read more

Earnings from Home Depot, Alibaba, Walmart

Earnings from Home Depot, Alibaba, Walmart

CNBC’s Jim Cramer on Friday guided investors through next week’s market action, telling them to pay attention to a number of earnings reports, including Home Depot, Alibaba and Walmart. He also suggested remarks from Federal Reserve officials will continue to shape the market, saying investors should tune in on Monday to commentary from Loretta Mester, … Read more

China’s SMIC warns of fierce chip competition as it misses profit estimates

China’s SMIC warns of fierce chip competition as it misses profit estimates

BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Semiconductor Manufacturing International Corporation on Friday warned of intense competition in the chip … Read more

Samsung Electronics’ operating profit jumps 932.8% in first quarter, beats expectations

Samsung Electronics’ operating profit jumps 932.8% in first quarter, beats expectations

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Samsung … Read more

Intel dominated U.S. chip industry. Now struggling to stay relevant

Intel dominated U.S. chip industry. Now struggling to stay relevant

Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the stock down 10% on Friday to their lowest level of the … Read more

India is a key chip design market, says Qualcomm, as Modi makes chip push

India is a key chip design market, says Qualcomm, as Modi makes chip push

A worker inspects a circuit board for a smartphone at Dixon Technologies’ Padget Electronics Pvt factory in Noida, Uttar Pradesh, India, on Thursday, Jan. 28, 2021. Dixon boasts a market value of more than $2.5 billion and the capacity to produce about 50 million smartphones this year. Photographer: Anindito Mukherjee/Bloomberg via Getty Images Bloomberg | Bloomberg … Read more

China is years behind U.S. chips, Secretary Raimondo tells 60 Minutes

China is years behind U.S. chips, Secretary Raimondo tells 60 Minutes

WASHINGTON, DC – JULY 25: U.S. Secretary of Commerce Gina Raimondo listens as U.S. President Joe Biden participates virtually in a meeting on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act, in the South Court Auditorium at the White House on July 25, 2022 in Washington, DC.  Anna Moneymaker | Getty Images … Read more

TSMC Q1 2024 earnings on strong AI chip demand

TSMC Q1 2024 earnings on strong AI chip demand

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first quarter, thanks to continued … Read more

AMD launches new chips for AI PCs amid fierce fight with Nvidia, Intel

AMD launches new chips for AI PCs amid fierce fight with Nvidia, Intel

POLAND – 2023/07/31: In this photo illustration an AMD logo seen displayed on a smartphone with stock market percentages on a laptop screen. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images U.S. chip design firm Advanced Micro Devices on Tuesday unveiled new processors to power artificial intelligence-enabled … Read more