Tag: chipmaker
Chipmaker Qualcomm announces its Future of Automotive business hits $30 billion.
The jump in future business is driven by its Snapdragon Digital Chassis product used by automakers and their suppliers, Qualcomm said at its auto investor day. The Snapdragon Digital Chassis…
Chipmaker Micron lowers its forecast, demand will continue to weaken
The memory chip maker is suffering from worsening weak demand, especially in the PC sector. Sales forecasts are revised downwards. Micron shares are down more than 4% in New York,…
Shares of chipmaker TSMC jumped after its quarterly profit beat estimates.
In comparison, the broader market remained stable. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), a major supplier to Apple Inc and the world’s largest contract chipmaker, posted a 76.4% jump in…
Intel buys Israeli chipmaker
Through Jean-Noel Legalland Published on 02/15/2022 at 10:25 a.m. Photo credit © Reuters …
Intel to buy chipmaker Tower Semiconductor for $5.4 billion
Alexander Boero February 15, 2022 at 1:00 p.m. 9 © Walden Kirsch/Intel Corp. The chip giant, Intel, reached a definitive agreement on Tuesday to acquire the Israeli company Tower Semiconductor.…
Russia could disrupt chipmaker supplies, White House warns
by Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – The White House has called on the semiconductor industry to diversify its supply chain in case Russia blocks access to key…