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Thursday 19 December 2024
Apple halts effort to build iPhone hardware subscription service
Apple has halted work on a project to build an iPhone hardware subscription service, according to people familiar with the matter, retreating from an attempt to change the way consumers...
Wednesday 18 December 2024
Foxconn reportedly considers major investment in Nissan as Honda-Nissan merger talks go on
Foxconn is reportedly eyeing a significant investment in Nissan Motor with aspirations to take over the company's operations, potentially accelerating ongoing merger discussions between...
Friday 6 December 2024
HPE exceeds revenue and operating margin targets on AI-server momentum despite margin concerns
Hewlett Packard Enterprise (HPE) surpassed revenue and operating margin expectations in its latest quarter, driven by strong AI-server demand, though margin pressures raise questions...
Wednesday 4 December 2024
Microchip to close Arizona fab amid revenue slowdown
Microchip Technology announced plans to shut down its Fab 2 facility in Tempe, Arizona, as part of a broader restructuring effort amid declining revenue and persistent inventory challenges...
Wednesday 4 December 2024
Pat Gelsinger's retirement opens doors for potential transactions at Intel
Intel's CEO Pat Gelsinger's unexpected resignation has created new opportunities for the company to explore potential transaction options, including those previously rejected during...
Tuesday 3 December 2024
Intel's leadership change sparks speculation on foundry spin-off plans
The abrupt retirement of Intel CEO Pat Gelsinger has sent shockwaves through the industry, raising questions about a potential spin-off of Intel Foundry. DIGITIMES Research indicates...
Wednesday 27 November 2024
Samsung's challenges mount: Nvidia Jensen Huang urge HBM3E swift approval
Nvidia is currently conducting high bandwidth memory (HBM) verification tests with Samsung Electronics (Samsung), with industry attention focused on the validation timeline and potential...
Thursday 21 November 2024
Nvidia outpaces revenue estimates with strong data center growth amid mixed analyst reactions
Nvidia issued a revenue forecast that fell short of the most optimistic projections, hinting at potential limits to its rapid growth. Despite this tempered outlook, the company's...
Monday 18 November 2024
Applied Materials projects Chinese sales to stabilize following capex expansion
Applied Materials, a major supplier of chipmaking equipment, has reported weaker-than-expected sales forecasts for the upcoming quarter, indicating that semiconductor companies not...
Thursday 7 November 2024
Kioxia begins K2 facility operations despite NAND market challenges
Kioxia has officially inaugurated its second building (K2) and a new management office at its Kitakami factory in Iwate Prefecture. While navigating through industry headwinds, the...
Wednesday 6 November 2024
Xiaomi India president to step down by 2024-end
According to Bloomberg, the Times of India, and Hindu BusinessLine, Muralikrishnan B, president of Xiaomi's Indian operations, announced he will resign...
Wednesday 6 November 2024
Super Micro misses revenue estimates amid accounting concerns and GPU delays
After receiving a notification from Nasdaq regarding non-compliance with listing rules, Super Micro released its preliminary net sales, which fell short of Bloomberg's average...
Monday 4 November 2024
Intel CEO slams federal delays in CHIPS Act funding, calls out media on 'irresponsible' takeover rumors
Following Intel's disappointing financial results, CEO Pat Gelsinger addressed Bloomberg and Yahoo Finance, openly criticizing the Biden administration for delays...
Monday 4 November 2024
NEC backs Rapidus amid concerns over TSMC's market dominance
In a recent interview, NEC President Takayuki Morita expressed concerns about the semiconductor industry's heavy dependence on TSMC, aligning with NEC's strategic investment in Rap...
Thursday 24 October 2024
Zomato's second-quarter results surpass expectations, but aggressive expansion costs loom
Zomato's second-quarter financial results surpassed market expectations, driven by robust revenue growth across segments and improved profitability. However, analysts warn that the...