Page 7 - Chip Designer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Reuters) -Chip designer Nvidia forecast fiscal fourth-quarter revenue above Wall Street targets on Tuesday as supply-chain issues ease, but a cloudy outlook for China sales weighed on shares that have more than tripled in price this year. Nvidia, which outsources manufacturing to chipmakers like TSMC, has said it expects supply for its AI chips to improve each quarter, with the company making prepayments and placing noncancellable orders to ensure suppliers prioritize its chips. But the red-hot market for AI chips is playing out in the context of vastly expanded U.S. export controls on wha...

The company went public at $30 a share. The stock soared above $40 in first trades, marking the second high-flying IPO in less than a week.

(Reuters) -Shares of Arm Holdings closed down 4.9% on Tuesday, in their third daily decline out of the stock's first four sessions as a listed company, as investor interest faded in the biggest initial public offering (IPO) for the year so far. The chip designer, in which Softbank holds a roughly 90% stake, closed at $63.59 on Thursday, which was almost 25% higher than its IPO price of $51. Arm shares underperformed the Philadelphia semiconductor index, which closed down 0.96% on Tuesday as risi

Shares in SoftBank's Arm Holdings surged nearly 25% above their Nasdaq debut price, signaling a potential turnaround in the IPO market. Arm's strong p

Arm's business centers on designing chips and licensing the intellectual property to customers, rather than chip manufacturing, for which it relies on partners. The company recorded $2.68 billion of revenue in its last fiscal year, which ended in March, and had $524 million in profit for that period.