Signage at a SoftBank Corp. store in the Ginza district of Tokyo, Japan, on Wednesday, Nov. 1, 2023. Kiyoshi Ota | Bloomberg | Getty Images Shares in SoftBank Group jumped 5% on Wednesday after the Japanese tech conglomerate said it would receive shares in telco T-Mobile U.S. worth some $7.59 billion at no additional cost. Masayoshi Son’s conglomerate said late on Tuesday...
Tag: Semiconductor device manufacturing
Chipmaking giant TSMC to invest up to $100 million in shares
TSMC is the top producer of the world’s most advanced processors, including the chips found in the latest iPhones, iPads and Macs. Jakub Porzycki | Nurphoto | Getty Images TSMC, the world’s largest contract chipmaker, said on Tuesday its approved an investment in Arm of up to $100 million when the British semiconductor designer goes...
AI play in focus after huge Nvidia rally
In this photo illustration, Nvidia logo is seen displayed on a smartphone screen in front of ARM logo. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Arm is preparing for a blockbuster initial public offering at a time when investors are very interested in both semiconductors and artificial intelligence. Nvidia’s 200% rally this...
Chip firm posts 38% rise in profit
Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images ASML, one of the world’s most important semiconductor...