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Business

“Japan Chip Linchpin Soars on $7 Billion Government Buyout Talk”

November 17, 2023

“…JIC is considering making an offer to the company as early as this year, the Nikkei newspaper reported over the weekend. JSR will discuss the matter in a board meeting on Monday and make an announcement once a decision is… Continue Reading…

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Business

“Sony profit slumps 29% on chip weakness but maintains 25 million unit PlayStation 5 target”

November 9, 2023

“Sony on Thursday reported a 29% drop in operating profit in the fiscal second quarter as the Japanese electronics giant suffered from weakness in its imaging sensor — or chip — business. Here’s how Sony did in the September quarter versus… Continue Reading…

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Business

“Samsung expected to report 80% profit plunge as losses mount at chip business”

October 18, 2023

“…The South Korean technology giant will issue earnings guidance on Wednesday. Analysts polled by LSEG expect operating profit of 2.3 trillion Korean won ($1.7 billion) for the September quarter, a 78.7% year-on-year decline. Revenue is expected to come in at… Continue Reading…

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Business

“TSMC to invest $2.9 billion in advanced chip packaging plant in Taiwan”

July 25, 2023

“Taiwan Semiconductor Manufacturing Company plans to invest nearly $90 billion New Taiwan dollars (about $2.87 billion) in an advanced chip packaging plant in Taiwan, the company told CNBC on Tuesday. It comes as global chipmakers seek to capitalize on the artificial… Continue Reading…

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Business, Precious Metals

“Japan Chip Linchpin Soars on $7 Billion Government Buyout Talk”

July 12, 2023

“JSR Corp., the largest maker of a compound essential to all chipmaking, surged by its daily limit after a report the government-backed Japan Investment Corp. may buy out the company for roughly ¥1 trillion ($7 billion)… JSR controls roughly 30%… Continue Reading…

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Business, Stocks

“AMD stock pops on potential Amazon superchip deal, CEO bullishness”

June 14, 2023

“…Shares of the semiconductor company popped over 2% in pre-market trading on Wednesday — and were Yahoo Finance’s Top Trending Ticker — on a Reuters report that Amazon’s cloud arm is considering using AMD’s new AI chips… The report comes a day after AMD… Continue Reading…

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Business, Stocks

“Nvidia hits $1 trillion market cap”

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…

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Business

“Samsung faces weakest quarter since 2009 as memory chip market in ‘worst slump in decades’”

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…

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Economy

“How manufacturing chips in the US could make smartphones more expensive”

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…

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Stocks

“Nvidia shares up 12% on earnings and bullish outlook on A.I.”

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…

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