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February 21, 2024
Intel Foundry picked up a win as Microsoft CEO Satya Nadella announced a partnership for a new chip.
February 21, 2024
The $1.7 trillion company produces products for gaming, professional visualization and data centers.
February 21, 2024
Wall Street stocks delivered a mixed performance on Wednesday as attention turned to earnings from chipmaker Nvidia and minutes from the FOMC's latest policy meeting.
February 21, 2024
(Bloomberg) -- Commerce Secretary Gina Raimondo said that the US will need continued investments in semiconductor manufacturing to regain global leadership and meet demand from artificial intelligence technologies. Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniJack Ma-Backed Ant Outbids Citadel Securities for Credit Suisse’s China JVJacob Rothschild, Financier and Philanthropist, Dies at 87Norwegian Cruise Ship Halted at Mauritius Due to Outbre...
February 20, 2024
Intel will host a key event for its foundry business Wednesday, and Wall Street appears upbeat about the potential for significant Chips Act funding down the...
February 20, 2024
Technology stocks have been on a tear. The Nasdaq-100 index, which includes the top 100 stocks on the tech-heavy Nasdaq exchange, is up 55.13% in the past year. The tech sector is up 45.7% in the past...
February 20, 2024
The British semiconductor designer isnโt directly involved in the hottest business in town unlike Nvidiaโs GPUs, whose superior parallel processing capabilities made them perfect for training and maintaining AI models. Arm can still benefit from the AI boom thanks to its business designing chips for data centres, but its path to capitalising will take a longer time
February 20, 2024
The U.S. government is awarding GlobalFoundries $1.5 billion to subsidize semiconductor production, including a new facility in Malta, New York.
February 20, 2024
Intel Shares Higher On Reports Of $10 Billion In Chip Act Incentives In premarket trading in New York, Intel Corp.'s shares surged as much as 5.3% following aโฆ
February 20, 2024
(Bloomberg) — Big tech dragged the stock market away from its all-time highs, with Wall Street awaiting Nvidia Corp.โs earnings on Wednesday for confirmation the chipmaker can meet the lofty expectations set by the artificial-intelligence boom.ย While the ongoing earnings season has so far reaffirmed the view that Corporate America is holding up well, the…