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CHIP INDUSTRY RESURGENCE
Intel CEO who won over Donald Trump and Elon Musk now needs a breakthroughIntel CEO Lip-Bu Tan is entering his second year with renewed optimism, securing interest from tech giants like Apple and Tesla, and seeing...- US government stake in Intel has jumped 300% to $36 billionThat’s the equivalent of an almost $27 billion return on paper since Intel and the government announced the investment in August. Chief Exe...
- US stock market today: Dow Jones crashes while Nasdaq surges — Dow down 150+ points, S&P 500 and Nasdaq in green as Intel AI rally reshapes Wall StreetUS stock market today: Dow Jones crashes while Nasdaq surges. The Dow Jones Industrial Average falls over 150 points. It trades near 49,147...
- Chipmaker Qualcomm forecasts upbeat revenue on smartphone strength, AI boostThe addition of AI capabilities to smartphones has driven a resurgence in end-market demand after the industry slumped to its lowest level ...
- US revokes Intel, Qualcomm's export licenses to sell to China's Huawei, sources sayThe United States stated on Tuesday that it has revoked certain licenses that permit companies to transport products, like chips, to the sa...
- How China's iPhone killer has sharpened its knifeHuawei's technological advancements and market dominance has posed a significant threat to Apple's iPhone in China. Despite US sanctions, H...
- US commerce secretary downplays chip in advanced Huawei phoneHuawei's Mate 60 Pro phone, powered by an inferior chip, showcases U.S. curb success on shipments. Commerce Secretary Raimondo highlights U...
- California Democrats urge US president Joe Biden not to scrap chips R&D fundingThe US Commerce Department said late Friday it would scrap plans to fund the programme from the $52.7 billion Chips and Science Act due to ...
- Battered by Covid, China hits pause on giant chip spendingTop officials are discussing ways to move away from costly subsidies that have so far borne little fruit and encouraged both graft and Amer...
- China's blue chips weighed by surging COVID cases, Shanghai lockdownThe blue-chip CSI300 index fell 0.6% to 4,148.47, while the Shanghai Composite Index gained 0.1% at 3,214.50 points
- China blue-chips end higher as industrials, financials gainSo far this year, the Shanghai stock index is up 5.8% and the CSI300 has fallen 3.4%, while China's H-share index listed in Hong Kong is do...
- Healthcare, consumption stocks drag China stocks lowerThe blue-chip CSI300 index fell 0.9% to close at 5,005.90, while the Shanghai Composite Index lost 0.4% to 3,647.63.
- China stocks edge lower on lingering concerns over Omicron variantThe blue-chip CSI300 index fell 0.2%, to 4,851.42, while the Shanghai Composite Index was flat at 3,562.70 points.
- Daimler CEO says carmakers could face chip shortage into 2023Carmakers, forced by the COVID-19 pandemic to shut down plants last year, face stiff competition from the sprawling consumer electronics in...
- China shares end mixed as realty gains offset losses in industrials; Shanghai Composite closes flatAt the close, the Shanghai Composite index was down 0.07 per cent at 3,588.78, while blue-chip CSI300 index was up 0.11 per cent after fall...
- Chip crisis in ‘Danger Zone’ as wait times reach new recordChip shortages are rippling through industry after industry, preventing companies from shipping products from cars to game consoles and ref...
- India’s top carmaker Maruti Suzuki slices production as lockdowns hit salesMaruti isn’t the only carmaker feeling the pain. Hero MotoCorp Ltd., the world’s largest producer of two-wheelers, halted operations tempor...
- Japan's Topix ends lower as Covid-19 fears outweigh gains in chip-related sharesThe broader Topix slipped 0.22% to close at 1,956.56, while the Nikkei 225 Index trimmed gains to end 0.01% higher at 29,685.37.
- China's blue-chip index ends at 13-year high on rare earths boostThe blue-chip CSI300 index ended up 2.19 per cent at 5686.25, the highest closing level since January 15, 2008, with its consumer staples s...
- AI, IoT fuel new chip designs, and India is at the centre of itThe effort is directed at tightly integrating the software and hardware features of new technologies to make the application run better.
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