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Qualcomm buys Nuvia for $1.4B amid silicon industry upheaval

Qualcomm – the worlds leading vendor of 5G silicon for devices – said it plans to spend a whopping $1.4 billion to buy a two-year-old startup called Nuvia. The acquisition is viewed as an important strategic maneuver by Qualcomm amid growing turmoil in the wider chipset industry. Nuvia was founded in 2019 by a handful of top chipset executives from Apple and Google. Nuvia Co-Founder Gerard Williams is credited with helping to develop many of Apples newest central processing units (CPUs), the ...
Qualcomm Cristiano Amon Gerard Williams Bob Swan Jim Mcgregor Pat Gelsinger Andrei Frumusanu

Excelpoint's Subsidiary Launches Hardware-targeted Accelerator for AIoT Innovations

Excelpoints Subsidiary Launches Hardware-targeted Accelerator for AIoT Innovations PlanetSpark Pte. Ltd., the entrepreneurial and strategic investment arm of SGX mainboard-listed Excelpoint Technology Ltd has announced the launch of PlanetSpark Innovation Centre, the first hardware-targeted accelerator for Artificial Intelligence of Things (AIoT) innovations, dedicated to supporting Singapore tech startups speed up market deplo...
Singapore General Satvinder Singh Phuay Li Ying Planetspark Pte Chan Chun Sing Albert Phuay Yong

Intel Has Lost Ground to AMD and Nvidia and Apple Ditched Its Chips. Why Its Stock Can Rise Anyway.

Until now. This past week, Apple announced three new Macs that jettison Intel processors in favor of Apple’s own in-house designed chips. Apple touted the move as a sign of innovation. For Intel, it was symbolic of the company’s gradual decline. The company’s road map no longer leads the industry. In fact, industry insiders and analysts say its manufacturing process is at least two years behind Taiwan Semiconductor Manufacturing (TSM), the world’s largest maker of semiconductors...
Paul Otellini Ian Allen Daniel Acker Bloomberg Mark Papermaster Christopher Danely Tim Cook

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PlanetSpark Innovation Centre, First Hardware-targeted Accelerator for AIoT Innovations Led by Singapore Company, is Launched to Enable Tech Startups Achieve Market Deployment

(1) Backed by its SGX-listed parent company Excelpoint and supported by Enterprise Singapore, PlanetSpark Innovation Centre will be investing an initial S$5 million to expand its engineering capabilities, expecting to benefit more than 30 local startups over the next 3 years, while creating new opportunities across the semiconductor supply chain. SINGAPORE, Jan 12, 2021 - (ACN Newswire) - PlanetSpark Pte. Ltd., the entrepreneurial and strategic investment arm of SGX mainboard-listed Excelpoint ...
Singapore General Alex Tan Chan Chun Sing Albert Phuay Yong Satvinder Singh Kostenloser Wertpapierhandel

Morning Bell With Jim Cramer: Nio Rises After Sedan Unveiled

Morning Bell With Jim Cramer: Will NIO Rival Tesla? Jim Cramer shares stock-market news including NIOs latest sedan, chip stocks to pick and expectations from upcoming bank earnings. Author: Original: Jan 12, 2021 Dow futures are up slightly Tuesday as Democrats push to impeach President Trump after this past weeks attack on the U.S. Capitol. Cramer shared what the impeachment hearings mean for the stock market. In the last episode of Mad Money, Cramer said this market simply refuses to wallow...
Katherine Ross Bank Earnings Preview Arm Holdings President Trump Mad Money Street Lightning

Jim Cramer Picks His Favorite Technology Stocks in the Nasdaq

Jim Cramer Picks His Favorite Technology Stocks in the Nasdaq Author: Broadcom  ( AVGO) - Get Report delivered classic good numbers. It keeps buying back stock, raised a ton of money just now at incredibly low interest rates, has a great 5G portfolio, and it sells at 16 times earnings with a 3.3% yield. You want to sell that? How could I sell this Broadcom? Whats the thesis for selling it? It’s up 6 points.  You want to sell AMD  ( NVDA) - Get Report? Those are two of the greatest growth ...
United States Bob Swan Lisa Su Jensen Huang Report Azure Technology Hardware Amp Equipment

AMD President and CEO Lisa Su Showcases a Digital-First World at Consumer Technology Association's Consumer Electronics Show - Energy Industry Today

AMD President and CEO Lisa Su Showcases a Digital-First World at Consumer Technology Association’s Consumer Electronics Show ― Dr. Su’s keynote highlights the acceleration of digital transformation at home, work and in entertainment with appearances from Microsoft, HP, Lucasfilm, Lenovo and Mercedes-AMG Petronas Formula 1 Team ― /EIN News/ -- SANTA CLARA, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Today at Consumer Technology Association’s Consumer Electronics Show, AMD (NASDAQ: AMD)...
United States Panos Panay Lucasfilm Fran Lisa Su Sarah Feller Toto Wolff

Ace Equity becomes Asia's first PE firm to conduct SPAC merger

Field programmable gate array made by Achronix (Courtesy of Achronix) South Korea-based private equity firm Ace Equity Partners has acquired Achronix Semiconductor Corp., a US-based fabless company, through a special purpose acquisition company (SPAC) merger. It marks the first time for a Korean PE firm to set up a SPAC on the Nasdaq to acquire a US-based company. Achronix, with a post-transaction equity value of $2.1 billion, will merge with ACE Convergence Acquisition Corp.,...
David Ko Achronix Semiconductor Corp Convergence Acquisition Corp Preciseley Microtechnology Corp Intel Corp Korea Based Ace Equity Partners

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