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Microsoft's AI PCs Stumble With Game Compatibility: Report
Tuesday, September 3, 2024 - 9:33am | 701Read More...Microsoft Corp (NASDAQ:MSFT) recently launched a new line of Windows PCs with AI capabilities. However, the Wall Street Journal reports that these PCs, powered by Qualcomm Inc (NASDAQ:QCOM) chips using designs from U.K.-based Arm Holdings Plc (NASDAQ:ARM), need help with gaming compatibility....
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SecureWorks Stock Drops as Dell Weighs Strategic Sale Options
Friday, August 30, 2024 - 8:14am | 344Read More...Dell Technologies Inc (NYSE:DELL) is weighing a possible sale of cybersecurity company SecureWorks Corp (NASDAQ:SCWX), Reuters cites familiar sources. In 2019, Dell explored selling the cybersecurity company to reduce its debt. It acquired SecureWorks for $612 million in 2011. SecureWorks...
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Intel Weighs Major Business Split, Factory Delays Amid Strategic Review: Report
Friday, August 30, 2024 - 6:42am | 377Read More...Intel Corp (NASDAQ:INTC) is weighing strategic options, including splitting its product design and manufacturing businesses. The plan includes scrapping factory projects and potential mergers and acquisitions, Bloomberg cites familiar sources. Morgan Stanley and Goldman Sachs are...
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Grab Follows Uber's Lead, To Add Over 1K BYD EVs to Indonesian Fleet for Green Rides
Thursday, August 29, 2024 - 10:15am | 460Read More...Grab Holdings Limited (NASDAQ:GRAB) proposes to add over 1,000 electric vehicles to its Indonesian fleet, mostly procured from Chinese automaker BYD Co (OTC:BYDDF) (OTC:BYDDY). The new EVs will add to the company’s existing fleet of more than 10,000 two- and four-wheel electric...
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Intel Faces Scrutiny Over Job Cuts While Competing for $20B US Chip Subsidy
Thursday, August 29, 2024 - 7:33am | 414Read More...Intel Corp (NASDAQ:INTC) drew the Senator’s attention for its record downsizing plans despite being a contender for $20 billion under the U.S. Chips Act. The U.S. subsidy clarified that it mainly aimed to create over 10,000 manufacturing jobs and 20,000 construction jobs for projects in...
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Micron Tech Eyes AUO Plant Acquisition as Taiwan Semi Expands Chip Packaging Tech
Tuesday, August 27, 2024 - 9:55am | 648Read More...Micron Technology Inc (NASDAQ:MU) is reportedly considering acquiring two facilities owned by AUO Corp, mirroring Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) recent deal to purchase a plant and equipment from Innolux Corp. Micron, ranked as the third-largest memory chip manufacturer...
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Taiwan Semiconductor Leads Foundry Market, Samsung and Intel Ramp Up Advanced Process Efforts: Report
Tuesday, August 27, 2024 - 9:11am | 487Read More...Taiwan Semiconductor Manufacturing Co (NYSE:TSM) continues to lead the global foundry market, holding a 62% share in the second quarter of 2024. Samsung Electronics (OTC:SSNLF), which has a 3% market share, follows suit. Taiwan Semiconductor’s $877 billion market cap reflects a strong demand...
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Nvidia's Stock Surge Turns Employees Into Millionaires, Cutting Churn to Record Low: Report
Tuesday, August 27, 2024 - 8:00am | 506Read More...Nvidia Corp (NASDAQ:NVDA) has succeeded in containing its employee churn rate through its compensation packages. The chip designer is known for its demanding work environment, where employees slog up to seven days a week, with work hours stretching until 2 a.m. CEO Jensen Huang has said he...
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Taiwan Semiconductor Ramps Up Overseas Investments with $1.95B in Subsidies, Eyes Long-Term Growth
Monday, August 26, 2024 - 10:33am | 443Read More...Taiwan Semiconductor Manufacturing Co (NYSE:TSM) has received 62.5 billion New Taiwan dollars (US$1.95 billion) in subsidies from China and Japan since 2022. In the first half of 2024, Taiwan Semiconductor won 7.96 billion New Taiwan dollars in subsidies from China and Japan after receiving 47.55...
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Nvidia Tech Fuels Chinese AI Growth Overseas, Alibaba Ramps Up $7B Investment
Monday, August 26, 2024 - 8:17am | 704Read More...Chinese artificial intelligence developers have made a breakthrough in gaining access to sophisticated advanced AI chips as U.S. semiconductor sanctions on China erode their AI ambitions. The Chinese AI developers are acquiring advanced Nvidia Corp (NASDAQ:NVDA) chips without importing them into...
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Temu Parent PDD Posts 86% Q2 Topline Growth, Stock Drops After CEO Flags Upcoming Challenges
Monday, August 26, 2024 - 7:17am | 438Read More...Temu parent PDD Holdings Inc (NASDAQ:PDD) reported fiscal second-quarter 2024 revenue growth of 86% year-on-year to $13.36 billion (97.06 billion Chinese yuan), missing the analyst consensus estimate of $14.02 billion. The Chinese online retailer’s adjusted earnings per ADS of $3.20 (23....
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What's Going On With AMD Stock On Friday?
Friday, August 23, 2024 - 8:25am | 540Read More...Advanced Micro Devices, Inc (NASDAQ:AMD) made a significant claim regarding the future performance of Zen 5 CPUs pending a substantial update from Microsoft Corp (NASDAQ:MSFT). The chip designer said Microsoft’s upcoming Windows 11 version 24H2 update will boost performance for its new Zen 5...
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What's Going On With Alibaba Stock On Friday?
Friday, August 23, 2024 - 7:34am | 487Read More...Alibaba Group Holding Limited (NYSE:BABA) stock traded higher on Friday as it announced plans to allow mainland investors to start trading through changes to its listing status in Hong Kong. Fund manager Dai Ming expects the move to infuse liquidity into the stock. The Chinese e-commerce juggernaut...
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Cathie Wood's Underperforming Flagship Fund Dumps Another Staple Stock Following Nvidia Exit: Social Media Recalls Jim Cramer's Comments From 2 Years Ago
Friday, August 23, 2024 - 2:45am | 731Read More...Zoom Video Communications, Inc. (NASDAQ:ZM) shares rallied nearly 13% on Thursday as traders bid up the stock following the company’s quarterly results but Cathie Wood’s Ark Invest’s flagship Ark Innovation ETF (NYSE:ARKK) deemed it fit to divest its entire stake in the...
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What's Going On With Super Micro Computer Stock On Thursday?
Thursday, August 22, 2024 - 1:53pm | 523Read More...Artificial intelligence server company Super Micro Computer, Inc (NASDAQ:SMCI) stock is trading lower Thursday in sympathy with the broader semiconductor selloff led by its clients, including Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD). Despite the selloff, analysts...
















