Intel CEO Pat Gelsinger, holding an Intel chip, speaks during the 54th Annual Meeting of The Semafor 2024 World Economy Summit in Washington, DC, on April 17, 2024. Mandel Ngan | AFP | Getty Images Intel reported first-quarter earnings on Thursday that beat Wall Street expectations for earnings per share, but came up light in … Read more
Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the stock down 10% on Friday to their lowest level of the … Read more
Semiconductors are a key focus in the technology trade war taking place between the U.S. and China. William_potter | Istock | Getty Images Shares of Advanced Micro Devices and Intel dipped on Friday after The Wall Street Journal reported that China is ordering the country’s largest telecommunications carriers to cease use of foreign chips. Chinese … Read more
Mustafa Suleyman, co-founder and chief executive officer of Inflection AI UK Ltd., speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Microsoft will reveal brand-new artificial intelligence tools for use on PCs and in the cloud at its annual Build conference, according to a … Read more
Chipmaking giant Nvidia entered “correction territory,” after shares briefly fell 10% from their most recent all-time closing high. Shares had recovered by Tuesday afternoon when they were only about 9% off the high. The company, which makes graphics processing units — or GPUs — has been a key beneficiary of the artificial intelligence boom, which … Read more
TSMC displayed on a phone screen and microchip and are seen in this illustration photo taken in Krakow, Poland on July 19, 2023 Jakub Porzycki | Nurphoto | Getty Images Taiwan Semiconductor Manufacturing Co. (TSMC), posted a surge in monthly revenue in March, as it cashed in on a continuing artificial intelligence boom powered by … Read more
Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel on Tuesday unveiled its latest artificial intelligence chip, called Gaudi 3, as chipmakers rush to produce semiconductors that can train and deploy big AI models, such as the one underpinning … Read more
U.S. Secretary of Commerce Gina Raimondo testifies during the House Science, Space and Technology Committee hearing titled “Chips on the Table: A one year review of the CHIPS and Science Act,” in the Rayburn Building in Washington, D.C., on Sept. 19, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images TSMC‘s Arizona subsidiary is … Read more
KUALA LUMPUR, MALAYSIA – 2018/01/24: A foreigner is seen with a Malaysia flag as a background. Kuala Lumpur or commonly known as KL is the national capital for Malaysia and is the fastest growing metropolitan regions in South-East Asia. The urban city is also well known to the world for tourism and shopping. Kuala Lumpur … Read more
Signage outside Intel headquarters in Santa Clara, California, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Intel shares closed down 8% on Wednesday after the company disclosed long-awaited financials for its semiconductor manufacturing, or foundry, business, revealing an operating loss of $7 billion in 2023. It was the first time Intel had … Read more
