AMD Chair and CEO, Lisa Su, delivered a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 4, 2023. The event highlighted the latest developments in the technology industry. Chip stocks experienced a slight decline following AMD’s disappointing revenue forecast, which raised concerns about the fragility of the PC market …
A Solarpro employee installs a SolarEdge Technologies Inc. inverter at a residential property in Sydney, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images Discover the companies making significant midday moves: SolarEdge Technologies — The solar stock experienced a 19% decline as the company’s reported revenue of $991 million fell short of analysts’ estimates …
Foxconn, a major contract electronics manufacturer, is set to invest over $600 million in India. The investment will be divided between a phone manufacturing project and a semiconductor equipment facility. According to M B Patil, Karnataka’s minister of commerce, Foxconn and US chip company Applied Materials have committed to investing more than $360 million in …
AMD Chair and CEO Lisa Su delivered a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 4, 2023. During the event, Lisa Su mentioned that AMD has identified an opportunity to develop an artificial intelligence (AI) chip specifically catered to the Chinese market in order to comply with U.S. …
Lisa Su, the CEO of AMD, presented the ADM Instinct M1300 chip at CES 2023, held at The Venetian Las Vegas. Despite reporting an 18% decline in revenue in its fiscal second-quarter earnings report, AMD’s stock rose more than 4% in extended trading. Here is a breakdown of AMD’s performance: – Earnings: Adjusted earnings were …
Indian Prime Minister Narendra Modi has made efforts to attract investments from American semiconductor companies to his country. Anna Moneymaker | Getty Images Chief executives of some of the top semiconductor firms in the United States praised India’s technology sector during an event attended by Prime Minister Narendra Modi. India, the world’s fifth-largest economy, is …
During Microsoft’s Ignite Spotlight event in Seoul, South Korea, on November 15, 2022, Satya Nadella, the CEO of Microsoft Corp., highlighted the importance of graphics processing units (GPUs) for the company’s rapidly growing cloud business. In their annual report released recently, Microsoft acknowledged the significance of GPUs as a critical component, including them in the …
TSMC, the leading producer of advanced processors used in Apple devices, is set to invest approximately $2.87 billion in a state-of-the-art chip packaging plant in Taiwan. This move comes as chipmakers worldwide aim to capitalize on the growing demand for artificial intelligence (AI) technology. In response to this demand, TSMC plans to expand its advanced …
Within the vast Commerce Department, a small division called the Bureau of Industry and Security (BIS) is playing a significant role in the potential U.S. restrictions on semiconductor exports to China. Commerce Secretary Gina Raimondo refers to the BIS as the “small but mighty” agency, which is at the forefront of federal national security efforts, …
A striking banner displaying the logo of online image board Pinterest Inc. hangs proudly from the New York Stock Exchange. This was taken on the memorable day when Pinterest made its initial public offering, April 18, 2019. Spencer Platt | Getty Images News | Getty Images Discover the companies driving the major market movements during …