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Jeff Bezos backs AI chipmaker Tenstorrent
AI hardware startup Tenstorrent raised nearly $700 million in new funding. Tenstorrent raised a $693 million Series D round that values the company at more than $2.6 billion, Bloomberg first reported. The round was led by Samsung Securities and AFW Partners. Other investors include Hyundai and Jeff Bezos’ Bezos Expeditions, among others. The Toronto-based company said it plans to use the capital…
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Hackers Exposed Android Chips
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📈 Intel's Shares Surge as the Chipmaker Explores Strategic Options
In an encouraging turn for investors, Intel’s shares rose over 3% on Friday following a report that the struggling chipmaker is exploring strategic options, including a potential merger or split. The news comes after one of the steepest declines in the stock’s history, sparking renewed investor interest. 💡
Why This Matters for Intel and the Tech Industry
Intel is reportedly considering separating its flagship product business from its loss-making manufacturing unit, a move that could significantly reshape the company's future. As Intel grapples with the capital-intensive task of expanding chip production and transitioning into a contract manufacturer for other firms, these strategic options offer a potential path to recovery in the highly competitive chip market.
🎯 Key Benefits for Stakeholders...Get the full story here
#Intel#Chipmaker#TechNews#AI#Nvidia#AMDRivalry#MarketUpdate#InvestmentStrategies#TechInnovation#SMMSoftwareLTD
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#AI#AMD#AMDVersal#Arm#artificialintelligence#Blackberry#chipmaker#Cognata#ECARX#EmbeddedWorld#Futurride#Hesai#LiDAR#lidarreferencedesign#Luxoft#QNX#Qt#RoboSense#SEYOND#SonySemiconductorSolutions#Subaru#SubaruEyeSight#sustainablemobility#Tanway#VersalAIEdgeSeriesGen2#VersalPrimeSeriesGen2#Visteon#XYLON
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Micron Technology Surpasses Expectations, Sparks Stock Surge in Tech Sector #advancedmemorysolutions #analysts #CEO #chipmaker #cloudandenterprisesectors #digitaltransformation #earningsreport #globaleconomicuncertainties #investors #laptops #marketgrowth #memorychips #MicronTechnology #netincome #pricetargets #revenue #SanjayMehrotra #servers #Smartphones #stock #technologysector #WallStreetexpectations
#Business#advancedmemorysolutions#analysts#CEO#chipmaker#cloudandenterprisesectors#digitaltransformation#earningsreport#globaleconomicuncertainties#investors#laptops#marketgrowth#memorychips#MicronTechnology#netincome#pricetargets#revenue#SanjayMehrotra#servers#Smartphones#stock#technologysector#WallStreetexpectations
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Intel (INTC) all set to report Q4 2023 results. Here is what to look for
Intel Corporation (NASDAQ: INTC) is preparing to report fourth-quarter results on Thursday after the bell, amid expectations for a positive outcome. The company reported revenues above the high end of its guidance in the most recent quarter when earnings also benefited from expense discipline. The value of Intel’s stock nearly doubled in the past twelve months, but it is still far below the 2021…
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Price lower than competitors Intel has finally released its Arc A580 graphics card. It was originally announced along with older models more than a year ago, but for some reason, Intel decided to delay the release of the card. Be that as it may, today we have an official re-announcement, all the parameters, and even reviews, which we will read in the next news. [caption id="attachment_64943" align="aligncenter" width="780"] Intel[/caption] The most important thing for a new product is the price. It is set at just $180. It's quite cheap. This is cheaper than the GeForce RTX 3050 and Radeon RX 6600, with which the new product was released to compete. The latest ones in the US start at $210. Intel released a video card for $180 with a 256-bit bus and 8 GB of memory. [caption id="attachment_64944" align="aligncenter" width="780"] Intel[/caption] Let's remember that the Arc A580 is based on the same GPU as the older A700 models, but has 24 Xe cores (or 3072 ALU units). There is also 8 GB of memory, a 256-bit bus, which is no longer found in new cards in this segment, and the TDP is 185 W. At the moment, the Arc A580 will be available on the market only in the form of three models ASRock, Sperkle, and Gunnir.
#Chipmaker#Intel#Intel_achievements.#Intel_advancements#Intel_Corporation#Intel_developments#Intel_hardware#Intel_innovations#Intel_news#Intel_processors#Intel_products#Intel_software#Intel_technology#semiconductor_company#technology_company
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India renews call for chipmakers as Anil Agarwal’s efforts drag
Due to the slow progress of projects already announced, such as billionaire Anil Agarwal’s $19 billion proposal, India is redoubling its efforts to attract potential chipmakers to the nation. According to those who know about the situation, New Delhi intends to restart the application process for the $10 billion in incentives and assistance intended to promote domestic chip making.
They noted the elimination of a previous 45-day deadline for submission as another benefit of keeping the process open-ended; they wished to remain anonymous because the discussions are private. That comes after a first effort launched last year only managed to attract three applicants, all of whom have made just minimal advancement thus far. For more reads : Latest business news
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Expert calls for new chip research institute near Tokyo
Yokohama – Japan should establish a new industry-academia chip research institute in the Keihin area between Tokyo and Yokohama to revitalize the country’s semiconductor industry, Fumihiro Inoue, an associate professor at Yokohama National University, said in a recent interview. “Technological innovation led by companies is necessary for the semiconductor industry to regain momentum,” said Inoue,…
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Semiconductor Stocks Surge on NVIDIA’s Stellar Performance
In a remarkable show of strength, semiconductor stocks experienced notable gains, driven by NVIDIA Corporation's (NASDAQ) impressive 8.1% rally—the company's best performance in over six weeks. This surge has had a ripple effect across the sector, boosting several key suppliers and broader chipmaking stocks.
Leading the charge, NVIDIA’s suppliers saw significant advances. Taiwan Semiconductor Manufacturing Company (TSMC) (TW:2330) and SK Hynix Inc (KS:000660) rose between 4% and 8%, while Hon Hai Precision Industry (Foxconn) (TW:2317) and Advantest Corp. (TYO:6857) also enjoyed substantial gains. This uptick reflects strong market confidence in the semiconductor industry’s prospects.
In addition to NVIDIA’s direct suppliers, other chipmaking giants also saw improvements. Japan’s Tokyo Electron Ltd. (TYO:8035) increased by 3.3%, and Renesas Electronics Corp (TYO:6723) climbed by 1.5%. SoftBank Group Corp. (TYO:9984), with its stake in chipmaking through its Arm subsidiary, saw a notable 7.4% rise.
Samsung Electronics Co Ltd (KS:005930), a major player in the memory chip sector, rose 1.4% following reports that the company is considering global job cuts of up to 30% in some divisions. Meanwhile, China’s largest chipmaker, Semiconductor Manufacturing International Corp (HK:0981), increased by 0.4%.
The tech sector's broader gains were also evident in internet giants. Alibaba Group (NYSE) (HK:9988), Baidu Inc (HK:9888) (NASDAQ), and Tencent Holdings Ltd (HK:0700) experienced rises between 1% and 3%, reflecting a positive sentiment across tech stocks.
This surge in semiconductor stocks highlights a strong market reaction to NVIDIA’s performance and an optimistic outlook for the tech industry, underlining its resilience and growth potential.
#Semiconductors#NVIDIA#TechStocks#Chipmakers#TSMC#SKHynix#Foxconn#Advantest#TokyoElectron#SamsungElectronics#SoftBank#SMIC#Alibaba#Baidu
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TSMC Is Suffering From Decision To Use Arizona As Site For Its New Fab Says Expert
This has a lot more to do with the whole industry and chipmaking as a whole than just AZ. Yes, AZ was a shit site choice for a plant. But the chip industry requiring these high degrees for so many years and then contiuning to do so when the changes in college attendance & choices started more than a decade ago was *stupid*. They were warned multiple times about the problem and didn't do anything to help themselves. So this issue? It's on them. And the US chipmakers and the other global companies.
When people started to stop going to universities and didnt want to get higher stem degrees - it was because of many reasons. But some of them were price, interactions & behaviors. It was too expensive, there was bullying, and they weren't welcome when they DID DO IT. Why should anyone want to continue? Especially when they're expected to know what to do when they arrive at a job because there's no training? Like, wtf you giant companies? Have some training on the job, learn from the environment around you and adapt your job requirements.
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Chipmakers Signal Supply Glut Easing #chips #intel #samsung #hyniix #ta...
#youtube#Chipmakers Signal Supply Glut Easing. chips intel samsung hyniix taiwan semiconductors china ai From Intel (INTC.O) to Samsung (005930.KS)
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Can we boycott Intel now?? What the fuck is this shit??
https://twitter.com/abierkhatib/status/1739871502382539112?t=ehN_Q0zdeodGK1PfbDY1VA&s=19
Here's a link to the news article:
what a blatant attempt at revitalizing their economy.
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Chipmaker Broadcom Faces Revenue Slowdown, Explores New Opportunities for Growth #Broadcom #chipmaker #costcuttingmeasures #diversificationefforts #ethernetswitches #futuregrowth. #industryexperts #Innovation #netincome #networkingbusiness #researchanddevelopment #Revenuegrowth #routers #semiconductorindustry #sharebuybackprogram #smartphoneprocessors #strategicacquisitions #taxrate #tradetensions #USandChina #wirelesscommunicationbusiness
#Business#Broadcom#chipmaker#costcuttingmeasures#diversificationefforts#ethernetswitches#futuregrowth.#industryexperts#Innovation#netincome#networkingbusiness#researchanddevelopment#Revenuegrowth#routers#semiconductorindustry#sharebuybackprogram#smartphoneprocessors#strategicacquisitions#taxrate#tradetensions#USandChina#wirelesscommunicationbusiness
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Micron (MU) reports narrower adj. loss for Q1 2024; revenue up 16%
Chipmaker Micron Technology Inc. (NASDAQ: MU) said its net loss, on an adjusted basis, narrowed year-over-year in the first quarter of 2024. Revenues were up 16%. Excluding special items, net loss came in at $0.95 per share in the November quarter, compared to a loss of $0.04 per share in the year-ago quarter. On an unadjusted basis, the net loss was $1.23 billion or $1.12 per share in Q1, vs. a…
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