(Bloomberg) — Super Micro Computer Inc. is riding a historic rally, but there’s still one thing holding it back from even greater gains: the availability of semiconductors. Most Read from Bloomberg “There is a chip shortage — once we have more supply from the chip companies, from Nvidia, we can ship more to customers,” Chief […]
For the past few years, consumers have been no strangers to inflation. In fact, after decades of relative stability, inflation rates peaked at 9.1% during the COVID-19 pandemic. While the inflation rate has generally trended downward since its peak in 2022, it edged higher in December to close out the year. In the midst of […]
FILE – U.S. Commerce Secretary Gina Raimondo speaks Dec. 11, 2023, during a visit to BAE Systems, in Nashua, N.H. The Biden administration on Friday, Feb. 9, 2024, will announce the investment of $5 billion in a public-private consortium aimed at supporting research and development in advanced computer chips. (AP Photo/Steven Senne, File) WASHINGTON (AP) […]
Samsung Electronics has reported an annual 34 per cent decline in operating profit for the last quarter as sluggish demands for its TVs and other consumer electronics products offset hard-won gains from a slowly recovering computer chip market. The South Korean technology giant said it expects its business to improve throughout 2024, forecasting larger demands […]
Samsung Electronics has reported an annual 34% decline in operating profit for the last quarter as sluggish demands for its TVs and other consumer electronics products offset hard-won gains from a slowly recovering computer chip market. The South Korean technology giant said it expects its business to improve throughout 2024, forecasting larger demands for semiconductors […]
(Bloomberg) — Advanced Micro Devices Inc. declined in late trading after giving a weak revenue forecast, even as the chipmaker predicted that new artificial intelligence processors would generate more money than expected this year. Most Read from Bloomberg First-quarter revenue will be about $5.4 billion, the company said in a statement Tuesday. That was well […]
Advanced Micro Devices increased its guidance for data center AI chip sales. On a conference call late Tuesday with investors and analysts, CEO Lisa Su said that AMD expects revenue for its data center GPU products to surpass $3.5 billion in 2024. Three months ago, Su forecast that its MI300 GPU revenue would surpass $2 […]
Advanced Micro Devices is positioning itself as the main alternative supplier to Nvidia for artificial-intelligence chips for data centers. The question is, what market share is it realistic for AMD to take? Raymond James analyst Srini Pajjuri noted that current Wall Street expectations appear to be for AMD to ship between 250,000 and 500,000 units […]
(Reuters) -President Joe Biden’s administration is expected to award billions of dollars in subsidies in coming weeks to top semiconductor companies including Intel and Taiwan Semiconductor Manufacturing Co to help build new factories in the U.S., the Wall Street Journal reported on Saturday. The forthcoming announcements aim to kick-start manufacturing of advanced semiconductors that power […]
(Reuters) -President Joe Biden’s administration is expected to award billions of dollars in subsidies in coming weeks to top semiconductor companies including Intel and Taiwan Semiconductor Manufacturing Co to help build new factories in the U.S., the Wall Street Journal reported on Saturday. The forthcoming announcements aim to kick-start manufacturing of advanced semiconductors that power […]
Jan 27 (Reuters) – The Biden administration is expected to award billions of dollars in subsidies to top semiconductor companies including Intel, and Taiwan Semiconductor Manufacturing Co in the coming weeks to help build new factories in the United States, the Wall Street Journal reported on Saturday. The forthcoming announcements are aimed at kick-starting manufacturing […]
Jan. 24—MORGANTOWN — The Monongalia County Commission on Wednesday approved $56, 000 to assist with a water line extension project near Cheat Lake. Specifically, the funds will provide $2, 000 to help cover tap fees for each of the 28 homes to be served by the project. The properties are located off Rugh Lane, Lubbuck […]