Page 5 - Max Cherney News Today

A scramble among Arm Holdings Ltd's clients, comprising the world's biggest technology companies, to snap up shares in its initial public offering (IPO) is testing the semiconductor designer's adherence to not picking sides in the chip industry. Customers of Arm that have held talks about taking a piece of the IPO include Apple, Amazon.com, Intel, Nvidia, Alphabet, Microsoft , Samsung Electronics and TSMC, Reuters has reported.

ARM has disclosed the paperwork for an initial public offering that is expected to be the largest of the year.

A scramble among Arm Holdings Ltds clients, comprising the worlds biggest technology companies, to snap up shares in its initial public offering is testing the semiconductor designers adherence to...

There's a scramble among the world's biggest technology companies to snap up shares in ARM Holdings.

NEW YORK (Reuters) -Intel Corp will drop its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd once their contract expires later on Tuesday without regulatory approval from China, according to people familiar with the matter. Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition on time as required under the contract, the sources said, requesting anonymity ahead of an official announcement. ...

NEW YORK (Reuters) -Intel Corp will drop its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd once their contract expires later on Tuesday without regulatory approval from China, according to people familiar with the matter. Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition on time as required under the contract, the sources said, requesting anonymity ahead of an official announcement. ...

Tower Semiconductor share plummets 11% on the news

US President Joe Biden has signed an executive order that will prohibit some new US investment in China.

Chipmaker Intel on Thursday posted a surprise quarterly profit as a PC market slump started to ease, and forecast third-quarter earnings above Wall Street expectations, sending its shares up about...

I am delighted to announce that Max Cherney is joining the global Reuters tech team as Tech Correspondent in San Francisco. In his role, Max will focus on…