Advanced Micro Devices Corp. showed off Thursday how it plans to keep embedded and data-center sales on the uptick while the chip industry undergoes an unprecedented dropoff in PC demand. Read more
Tag: Chip
Nvidia offers new chip alternative following U.S. restrictions against exports to China
HONG KONG—Nvidia Corp. has begun offering an alternative to a high-end chip hit with U.S. export restrictions to customers in China, after the new rules threatened to cost the American company hundreds of millions Read more
Qualcomm stock drops more than 5% after poor outlook, months-long chip glut
Qualcomm Inc. shares fell in the extended session Wednesday following the chip maker’s poor outlook, and estimates of about two months or more of inventory it needs to clear in Read more
Qualcomm stock drops more than 5% as poor outlook indicates a chip glut
Qualcomm Inc. shares fell in the extended session Wednesday after the chip maker’s outlook indicated a big backup of inventory in its core business as its forecast fell way below Read more
Meta spending slams Facebook stock, but here are the chip stocks that are benefiting
Data-center stocks buoyed an otherwise down chip sector Thursday as shares of Facebook parent Meta Platforms Inc. cratered on torn-in-half profits and a hike in capital spending to fuel Mark Read more
Meta spending slams Facebook stock, but here are the chip stocks that are benefiting
Data-center stocks buoyed an otherwise down chip sector Thursday as shares of Facebook parent Meta Platforms Inc. cratered on torn-in-half profits and a hike in capital spending to fuel Mark Read more
STMicroelectronics net profit more than doubles on strong chip demand
STMicroelectronics NV STM, -0.68% on Thursday posted a surge in profit and revenue for the third quarter as demand for its portfolio of chips remained strong. The European chip maker Read more
SK Hynix adds to evidence that the chip glut is here to stay for a while
SK Hynix Inc. added to concerns Wednesday that the semiconductor industry has entered a glut as the chip maker missed expectations for the quarter and forecast declining market demand out Read more
Texas Instruments focuses on long-term chip capacity buildout, while weak short-term outlook weighs on stock
Texas Instruments Inc. shares dropped in the extended session Tuesday after executives of the analog-chip maker focused on the company’s long-term capacity buildout, while forecasting declining earnings and sales for the Read more
Intel CEO says U.S. crackdown on chip exports to China was ‘inevitable’
LAGUNA BEACH, Calif. — Intel Corp. INTC, +0.78% Chief Executive Pat Gelsinger said that recently imposed U.S. restrictions on semiconductor-industry exports to China were inevitable as America seeks to maintain technological leadership Read more