Credit: HLMC Tens of thousands of China-based semiconductor companies have recently gone out of business, and numerous IPO processes have been halted or terminated. As a result, Chinese authorities are said to now encourage mergers and acquisitions (M&As) rather than initial public offerings (IPOs) to build stronger companies. The aim is to concentrate resources on […]
One of the challenges faced by the Chinese chip design industry is the lack of advanced domestic electronic design automation (EDA) tools. Market leaders Cadence and Synopsys are unable to supply the chipmaking software to Chinese entities due to U.S. export controls. Also, until recently, no EDA tools for chip design software could work on […]
(Bloomberg) — China’s domestic AI chipmakers are making fast progress in closing the gap on international leaders, according to SenseTime Group Inc. co-founder Xu Bing. Most Read from Bloomberg Asia has a shortage of computation power for artificial intelligence, lagging significantly behind the US, but China has the talent and data to make up lost […]
What you need to know In November 2023, the US government imposed exportation rules preventing NVIDIA and AMD from supplying China with AI chips due to security concerns. Top semiconductor brands ASML and TSMC have reportedly disclosed that they can hinder China’s chipmaking machines remotely should they manage to invade Taiwan. The Biden-Harris administration is […]
Chipmakers ASML and TSMC can disable advanced chipmaking machines remotely, Bloomberg reports. The move addresses growing fears of a Chinese invasion of Taiwan, a key semiconductor producer. A China-Taiwan conflict could severely impact the global economy. Two of the world’s most important chip companies can flip a “kill switch” remotely on their most advanced chipmaking […]
Chip makers ASML and TSMC can disable advanced chipmaking machines remotely, Bloomberg reports. The move addresses growing fears of a Chinese invasion of Taiwan, a key semiconductor producer. A China-Taiwan conflict could severely impact the global economy. Two of the world’s most important chip companies can flip a “kill switch” remotely on their most advanced […]
(Bloomberg) — US equity futures rallied following upbeat earnings from Nvidia Corp. released after the New York close, which reinforced optimism for the global artificial-intelligence boom. Most Read from Bloomberg The chipmaker said second-quarter revenue will be about $28 billion, beating analysts’ estimates. The company also announced a 10-for-1 stock split and boosted its quarterly […]
By Caroline Valetkevitch NEW YORK (Reuters) – A stronger-than-expected revenue forecast from Nvidia after the bell on Wednesday lifted shares of the artificial-intelligence chipmaker and fueled gains in other chip and technology stocks. Shares of Nvidia were last up 3.5% while Advanced Micro Devices was up 1.2% and Broadcom was up 0.8% in after-hours trading. […]
Dow Jones futures tilted higher early Wednesday, along with S&P 500 futures and Nasdaq futures. The CPI inflation report looms Wednesday, Nvidia chipmaker Taiwan Semiconductor (TSM) posted strong Q1 sales on AI demand. Delta Air Lines (DAL) earnings topped, with its shares near a breakout. X The stock market rally generally edged higher Tuesday, with investors […]
The artificial intelligence (AI) market expanded rapidly over the past few years as more companies recognized the value of crunching large amounts of data to make smarter decisions. Advertisers tapped AI algorithms to craft better targeted ads, autonomous vehicles used AI to spot and avoid obstacles, and large organizations used AI tools to automate tasks […]
Chipmaker Intel (INTC) late Thursday beat Wall Street’s targets for the fourth quarter but badly missed estimates with its forecast. Intel stock tumbled in extended trading.
US stocks tipped higher on Thursday, eyeing a rebound from recent losses as investors looked to fresh quarterly earnings for inspiration amid dwindling hopes for an early 2024 interest rate cut. The S&P 500 (^GSPC) added around 0.4%, while the tech-heavy Nasdaq Compossite (^IXIC) led gains, rising 1%. The Dow Jones Industrial Average (^DJI) dropped […]