AMD announced plans to acquire ZT Systems for $4.9 billion to expand its AI chips portfolio and compete with Nvidia. AMD plans to fund 75% of…
Browsing: #ChipManufacturing
Texas Instruments announced Friday it will receive up to $1.6 billion from the U.S. Commerce Department for new chip facilities. The U.S. CHIPS and Science Act…
Intel announced a 15% workforce reduction, around 17,500 jobs, and will suspend dividends starting Q4 to focus on manufacturing. It also projects Q3 revenue below estimates…
Samsung Electronics estimated Friday a 15-fold rise in Q2 operating profit due to rebounding semiconductor prices from the AI boom. Samsung, the top memory chip, smartphone,…
China has established its third planned state-backed investment fund to support its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion). This move…
On Thursday, the president’s office of South Korea announced that the nation unveiled a 26 trillion won ($19 billion) support package for its crucial semiconductor industry. …
Samsung Electronics predicted that demand for artificial intelligence would remain high. Additionally, it forecasted a tightening of supply for some high-end chips, aligning with its competitors’…
Intel suffered a setback when it revealed growing operating losses for its foundry division on Tuesday. Taiwan Semiconductor Manufacturing has been gaining ground on Intel in…