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Intel CEO Pat Gelsinger on creating new foundry: 'We're creating two businesses inside of one Intel'
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May 10, 2024May 10, 2024Earnings

China’s SMIC warns of fierce chip competition as it misses profit estimates

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BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Semiconductor Manufacturing International Corporation on Friday warned of intense competition in the chip...

Samsung has lost its edge, analyst says
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April 30, 2024April 30, 2024Earnings

Samsung Electronics’ operating profit jumps 933% in first quarter, beats expectations

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Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Samsung...

The smartphone market has shifted toward the premium, market research firm says
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January 31, 2024January 31, 2024Earnings

Samsung Electronics Q4 2023 earnings report

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Samsung logo displayed on a phone screen with a binary code reflected on it, a laptop keyboard, a memory card, an adaper and cables are seen in this illustration photo taken in Krakow, Poland on January 30, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics on...

TSMC Arizona's Brian Harrison building out semiconductor infrastructure in Arizona
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October 19, 2023October 19, 2023Earnings

TSMC earnings report Q3 2023

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A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images Taiwan Semiconductor Manufacturing Company reported a third-quarter profit of 211 billion New Taiwan dollars ($6.69 billion) on Thursday as weak demand for consumer electronics persists. Even though it was the largest profit decline since the first...

Arm opens at $56.10 per share in market debut
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September 16, 2023September 16, 2023IPOs

(ARM) starts trading on the Nasdaq in win for SoftBank

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Arm CEO Rene Haas and executives cheer as Softbank’s Arm, a chip design firm, holds an initial public offering at the Nasdaq MarketSite in New York, Sept. 14, 2023. Brendan Mcdermid | Reuters Arm Holdings, the chip design company controlled by SoftBank, jumped nearly 25% during its first day of trading Thursday after selling shares...

Nvidia vs. Arm: What's the difference between the two companies?
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September 12, 2023September 12, 2023IPOs

Chipmaking giant TSMC to invest up to $100 million in shares

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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...

Nvidia earnings could move index away from seasonally weak period, says Virtus' Joe Terranova
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August 23, 2023August 23, 2023Earnings

Nvidia (NVDA) earnings report Q2 2024

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Nvidia founder, President and CEO Jen-Hsun Huang Getty Images Nvidia shares climbed 6% in extended trading on Wednesday after the chipmaker beat estimates for the fiscal second quarter and issued optimistic guidance for the current period. Earnings: $2.70 per share, adjusted, versus $2.09 per share expected by Refinitiv. Revenue: $13.51 billion versus $11.22 billion expected...

Intel jumps 6% after-hours as earnings return to profitability after two quarters of losses
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July 27, 2023July 27, 2023Earnings

Intel (INTC) earnings report Q2 2023

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Intel CEO Pat Gelsinger stands in front of a cathedral in the German city of Magdeburg on Nov. 12, 2022. During his visit, Gelsinger also visited the planned site of the Intel Gigafactory in the Eulenberg industrial park. /dpa-Zentralbild/dpa (Photo by Peter Gercke/picture alliance via Getty Images) Peter Gercke | Picture Alliance | Getty Images...