Here you will find all the articles with the tag: Chips.
The management of chipmaker GlobalFoundries warned employees of upcoming layoffs. Inflation and energy prices are on the rise. Demand for chips declines as a result. GlobalFoundries is preparing for an uncertain period by cutting staff. The plan was announced in an email to employees on Friday ... Read more
1 year ago
ASML will repurchase €12 billion of its own shares between now and 2025. The share price rose 9.7 percent after the announcement. The Dutch giant shared the news ahead of an investor meeting. In addition to the buyback program, ASML predicted revenue of €30 billion to €40 billion by 2025.... Read more
1 year ago
Nvidia announced the A800, a new advanced chip that can be sold to Chinese customers without violating US restrictions targeted at preventing cutting-edge technology exports. According to Nvidia, Chinese computer retailers are already advertising products that include the new chip. The so-called... Read more
1 year ago
The agency responsible appears to be reversing its previous stance on the transaction. The German government will most likely block the sale of Elmos' chip factory to a Chinese competitor, the company said this week. Elmos develops, produces and markets semiconductors, primarily for use in the a... Read more
1 year ago
Will the move provoke a confrontation with Beijing? The EU hopes not. An eight-member delegation from the Inter-Parliamentary Alliance on China is scheduled to arrive in Taiwan on Tuesday, November 1. The delegation includes Dutch parliamentarian Sjoerd Sjoerdsma, Ukrainian parliamentarian Mykol... Read more
1 year ago
Intel shares climbed more than 5 percent in after-hours trading on Thursday after the organization promised to secure up to $10 billion in cost savings and efficiency improvements. That announcement came as the business issued lower-than-expected profits forecasts for the fiscal year after exc... Read more
1 year ago
Apple reportedly shelved plans to utilize memory chips from China's Yangtze Memory Technologies in light of recent US penalties on technology exports to Chinese firms. Citing various sources, Nikkei Asia reported that Apple's move is evidence of Washington's campaign paralyzing the supply chain.... Read more
2 years ago
According to an official document seen by Reuters, several EU nations would like to subsidize manufacturers of existing chips rather than the first-of-their-kind chips suggested by the European Commission in the European Chips Act. The European Chips Act, launched earlier this year, intends to s... Read more
2 years ago
According to sources familiar with the matter, US chipmaker Broadcom will pursue early European Union antitrust clearance for its $61 billion VMware acquisition by citing rivalry from Amazon, Microsoft and Google. The transaction was announced in May and is the second-largest buyout this year. B... Read more
2 years ago
Samsung has announced an ambitious roadmap for advanced chip manufacturing. The organization aims to step up the competition with Taiwan-based TSMC, according to the Wall Street Journal. The newspaper reports that the South Korean tech giant recently announced a roadmap for highly advanced chip ... Read more
2 years ago
