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It’s already been a tumultuous year for the U.S. semiconductor industry. The semiconductor industry plays a sizable role in the “AI race” that the U.S. seems determined to win, which is why this context is worth paying attention to: from Intel’s appointment of Lip-Bu Tan — who wasted no time getting to work trying to … Read more
Visitors look at the display of SK Hynix Inc. 12-layer HBM3E memory chips at the Semiconductor Exhibition (SEDEX) in Seoul, South Korea, on Wednesday, Oct. 23, 2024. Bloomberg | Bloomberg | Getty Images South Korea announced Tuesday a support package of 33 trillion won ($23.25 billion) for its vital semiconductor industry, as heightened uncertainty over … Read more
Technology stocks bounced Tuesday after three rocky trading sessions, spurred by rising optimism that President Donald Trump could potentially negotiate tariff deals with world leaders. Nvidia and Tesla led the Magnificent Seven group’s gains, rallying about 5%. Meta Platforms, Amazon, Apple and Microsoft and Alphabet rose about 2%. The sector is coming off a wild … Read more
Silicon Valley let out a sigh of relief on Wednesday when it learned that President Donald Trump’s tariff bonanza included an exemption for semiconductors, which, at least for now, won’t be subject to higher import duties. But just three days later, some US tech companies may be finding that the loophole actually creates more problems … Read more
SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will be operate as a wholly-owned subsidiary of SoftBank after the deal, which is expected to … Read more
In today’s fast-paced business world, rumors can spread like wildfire. And when it comes to mergers and acquisitions in the tech sector, the stakes are always high. That’s why we’re taking a closer look at Allegro Microsystems Inc., a company that has seen its stock price skyrocket after reports emerged of potential takeover interest from … Read more
Today, I want to talk about a stock that’s been making headlines for all the right reasons – ARM Holdings plc (NASDAQ:ARM). This UK-based company has seen its share price skyrocket by an astonishing 17.26% today alone, with some analysts even revising their price targets upwards. Let me tell you why this stock is worth … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4