May 30, 2023
“Nvidia hit a $1 trillion market cap at the open Tuesday, joining a small club of mostly technology companies. Nvidia’s shares have to hold above $404.86 to maintain that distinction throughout the day. The stock rose nearly 6% in morning trading…… Continue Reading…
April 24, 2023
“Samsung could report its worst profit in 14 years this week, as prices for memory chips, its biggest business, continue to fall, while demand stays weak. The South Korean technology giant guided earlier this month that it would post operating… Continue Reading…
March 9, 2023
“But analysts say one catch is that shifting manufacturing to the U.S. will raise the price of chipmaking — and, perhaps, the prices of popular devices that use chips, like smartphones and game consoles…. “The major reason for the cost… Continue Reading…
February 23, 2023
“Nvidia shares opened up over 12% Thursday morning, a day after the chipmaker reported a beat on the top and bottom line. Analysts are also bullish on the company’s A.I. vision. Nvidia reported $6.05 billion in revenue for the fiscal… Continue Reading…
December 9, 2022
“TSMC, the world’s largest contract chipmaker, on Friday reported a surge in revenue in November thanks in part to orders of semiconductors for high-end smartphones such as Apple’s iPhone. The Taiwanese firm, which makes chips for other companies, said November revenue totaled… Continue Reading…
August 31, 2022
“[Citi Research analyst Christopher Danley] “We maintain our belief that every company/end market will correct and we expect the SOX index to hit new lows and fall another 25%,” Danley said. Danley’s referring to the PHLX Semiconductor Index SOX, -0.28%, which is already… Continue Reading…
August 25, 2022
“…Here are the most important numbers from the report compared to what analysts were expecting. Revenue: $6.7 billion versus $6.7 billion expected Adj. EPS: $0.51 versus $0.53 expected Data Center: $3.8 billion versus $3.8 billion expected Gaming: $2.0 billion versus $2.0 billion expected Net… Continue Reading…
April 4, 2022
“Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter, including a 26% slide last month, as the automaker continues to battle a global shortage of semiconductor chips. The automaker on Monday reported first quarter sales of 432,132… Continue Reading…
February 18, 2022
“Renault CEO Luca de Meo said the French carmaker expects to make 300,000 fewer units in 2022 than it potentially could have as a result of the ongoing global chip shortage. Renault made 500,000 fewer cars last year as a result of… Continue Reading…
January 3, 2022
“…Semiconductor sales are expected to grow by another 9% and cross $600 billion for the first time in 2022, the analysts predicted. That’s on top of the 26% growth to $553 billion in 2021, they added. A months-long semiconductor shortage… Continue Reading…
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