TSMC shares hit record high after Morgan Stanley upgrades Nvidia

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 Shares of Taiwan Semiconductor Manufacturing Company reached an all-time high on Thursday after Morgan Stanley lifted the price target on chip designer Nvidia, citing a … Read more

Intel (INTC) earnings report Q4 2023

Intel shares dropped in extended trading on Thursday after the chipmaker issued an outlook for the first quarter of 2024 that lagged analyst forecasts even as results for the latest quarter beat Wall Street estimates. Here’s how Intel did versus LSEG (formerly Refinitiv) consensus expectations for the quarter ended in December: Earnings per share: 54 … Read more

Nvidia and AMD shares hit record highs on AI chip surge

Nvidia Corp CEO Jensen Huang holds one of the company’s new RTX 4090 chips for computer gaming in this undated handout photo provided September 20, 2022. Nvidia Corp | via Reuters AMD and Nvidia hit all-time highs on Thursday as investors continue to clamor for shares of the companies building chips that power artificial intelligence. … Read more

Shares of Apple suppliers fall after Barclays downgrades iPhone maker

CUPERTINO, CALIFORNIA – SEPTEMBER 12: The new iPhone 15 Pro is displayed during an Apple event at the Steve Jobs Theater at Apple Park on September 12, 2023 in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images Shares of Apple suppliers fell in Asia on Wednesday after Barclays downgraded the iPhone maker … Read more

Apple executives Johny Srouji and John Ternus on its chip business

In November, CNBC visited Apple’s campus in Cupertino, California, to get a look inside one of the company’s many chip labs. CNBC also got a rare chance to talk with the senior vice president of hardware technologies, Johny Srouji, and Apple’s senior vice president of hardware engineering, John Ternus, about the company’s push into the … Read more

Intel unveils Gaudi3 AI chip to compete with Nvidia and AMD

Patrick Gelsinger, chief executive officer of Intel Corp., speaks during the Intel AI Everywhere launch event in New York, US, on Thursday, Dec. 14, 2023.  Victor J. Blue | Bloomberg | Getty Images Intel unveiled new computer chips on Thursday, including Gaudi3, an artificial intelligence chip for generative AI software. Gaudi3 will launch next year … Read more