Tag: chip production

Here you will find all the articles with the tag: chip production.

Intel Foundry records 7 billion loss, but better times are ahead

Intel Foundry records 7 billion loss, but better times are ahead

Intel is both chip designer and chipmaker, but its Foundry business recorded a $7 billion loss in 2023. It's significantly more than the 5.2 billion loss that the unit suffered in 2022, but CEO Pat Gelsinger says improvement in on the horizon. Intel announced the figures during an earnings call ... Read more

date13 days ago
Latest ASML machine reaches “first light” milestone

Latest ASML machine reaches “first light” milestone

ASML's first shipped High-NA EUV scanner is functional. Head of Technology Development Ann Kelleher of first customer Intel confirms that "first light" has been achieved. An important milestone, although much work remains before chips with the new EUV technology are created. When the Twinscan EX... Read more

date2 months ago
Samsung no longer holds ASML shares; puts chip production first

Samsung no longer holds ASML shares; puts chip production first

Samsung sold its entire stake in ASML late last year. The South Korean tech giant does not give a reason, but this was probably done to further boost activities surrounding its own chip production. Samsung disposed of its entire 0.4 percent stake in ASML in December 2023, Bloomberg writes. It is... Read more

date2 months ago
‘300,000 extra Nvidia chips per month thanks to Intel deal’

‘300,000 extra Nvidia chips per month thanks to Intel deal’

Nvidia can't handle the demand for GPUs as it stands. TSMC cannot produce enough of the company's H100 chips, so it appears Intel Foundry Services is coming to the rescue. Sources within the chip industry state that the deal between Nvidia and Intel Foundry Services involves 5,000 wafers per mon... Read more

date3 months ago
Canon machines to become low-cost ASML alternative

Canon machines to become low-cost ASML alternative

Canon plans to deliver a new range of chip machines before the end of this year. Eventually capable of producing the world's most advanced processors, the equipment looks set to become much cheaper and more efficient than dominant market leader ASML. "We would like to start shipping this year or... Read more

date3 months ago
SK Hynix wants to raise $1 billion in capital with bonds

SK Hynix wants to raise $1 billion in capital with bonds

South Korean chip maker SK Hynix wants to raise about $1 billion in capital by issuing bonds in U.S. dollars. That way the company can offset losses it made during 2023. According to Reuters, which gathered the information from several sources, SK Hynix is now in talks with eight investment ban... Read more

date3 months ago
“ASML scrapped shipments to China under pressure from US”

“ASML scrapped shipments to China under pressure from US”

The Netherlands has further curtailed export licenses for ASML equipment toward China. In addition, the Veldhoven-based company reportedly scrapped a number of deliveries to that country after U.S. authorities requested it do so. Speaking to Reuters, ASML confirmed that two machines will not rea... Read more

date4 months ago
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