With one of the biggest booths at the CIIE’s Intelligent Industry & Information Technology section, Samsung featured its GDDR7 chip, touted as one of the world’s most advanced memory products for graphics processing, as well as the HBM3E, which is designed for high-performance computing applications and artificial intelligence (AI) development projects. SK Hynix, meanwhile, showcased … Read more
In the first seven months of 2024, chip imports totalled 308.1 billion units, worth about US$212 billion, according to data published on Wednesday by the General Administration of Customs. That marked a 14.5 per cent year-on-year jump in volume and 11.5 per cent increase in dollar value. The surge in IC imports reflects expectations that … Read more
Micron’s fiscal fourth-quarter sales will be US$7.4 billion to US$7.8 billion, the company said in a statement on Wednesday. While the average analyst estimate was US$7.58 billion, some projections were above US$8 billion. Profit will be about US$1.08 a share, minus certain items, versus a projection of US$1.02. Though Micron is getting a boost from … Read more
Samsung Electronics topped analyst earnings estimates after its semiconductor division returned to profitability, as companies like Microsoft and Alphabet led a surge in spending on artificial intelligence (AI) services. The world’s largest memory chip maker reported net income of 6.62 trillion won (US$4.8 billion) in the March quarter, versus the average analyst projection for 5.63 … Read more
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