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U.S. CHIPMAKER TURNAROUND
SK Hynix overtakes Samsung to become South Korea's most valuable companySK Hynix has surged past Samsung Electronics to become South Korea's most valuable company, driven by its dominance in high-bandwidth memor...- Wall Street Week Ahead: Investors see Micron earnings as pulse check of AI rally momentumInvestors are keenly watching Micron Technology's upcoming earnings report for crucial insights into the ongoing AI-driven stock market ral...
- Kospi jumps 6% as US-Iran peace deal triggers super surge; index up over 100% YTDSouth Korean stocks jumped 6% on Monday as easing geopolitical tensions lifted global risk sentiment after the US and Iran reached an initi...
- Chip startup AGNIT sets up GaN testing lab at IISc with Rs 3 crore investmentIndian semiconductor startup AGNIT Semiconductors has established a new GaN testing laboratory at IISc Bengaluru. This facility, built with...
- US stocks | Alphabet taps Intel to make three million in-house chips: ReportNvidia has not placed an order with Intel yet, but has been evaluating whether the company's technology can be used to make a processor tha...
- AI era: Chipmakers Micron and SK Hynix join the elite $1 trillion market cap clubThe global AI boom has transformed the semiconductor industry, pushing Micron and SK Hynix past the $1 trillion market value mark. Surging ...
- Institutional investors flocked to establish new stakes in semiconductor firms in first quarterInstitutional investors actively bought shares in semiconductor companies such as Micron and Intel during the first quarter. This move posi...
- Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surgesChipmaker Cerebras is aiming for a significant valuation in its US initial public offering. The company's advanced AI chips are in high dem...
- US Stock Market: Intel’s AI bet drives upbeat forecast and investor confidenceIntel forecast stronger-than-expected Q2 revenue of $13.8–$14.8 billion, driven by robust demand for AI-focused server chips, with earnings...
- Intel earnings signal recovery at US chip makerIntel's shares surged after exceeding earnings expectations, signaling a potential recovery. Despite a reported loss, revenue increased, an...
- Intel’s $100 billion April rally makes it market’s hottest stockIntel has emerged as one of the hottest S&P 500 stocks, adding over $100 billion in market value during a nine-day, 53% rally. A string of ...
- Intel joins Musk's Terafab AI chip project to power humanoid, data centre goalsIntel will collaborate with Elon Musk's Terafab AI chip project. This partnership aims to produce processors for Musk's robotics and data c...
- Intel approaches TSMC for investments or partnership, WSJ reportsIntel is reportedly seeking investments and partnerships with TSMC amidst its struggles to compete in the AI race. These efforts, which pre...
- Trump says Intel has agreed to a deal for US to take 10% equity stakePresident Trump announced the U.S. would acquire a 10% stake in Intel following a meeting with CEO Lip-Bu Tan, spurred by concerns over Tan...
- Trump says Intel has agreed to a deal for US to take 10% equity stake; Intel shares surge 6%President Trump announced a deal where the U.S. would acquire a 10% stake in Intel, following a meeting with CEO Lip-Bu Tan. This move come...
- Intel gets $2 billion lifeline in the form of SoftBank equity investmentSoftBank is investing $2 billion in Intel. This will make SoftBank a top shareholder. However, SoftBank will not seek a board seat. Also, t...
- Intel results to spotlight new CEO Tan's strategy to reverse years of misstepsIntel's CEO Lip-Bu Tan's has already started flattening Intel's leadership structure, with key chip groups now reporting directly to him, R...
- Intel shares slump 28%, set for record loss as turnaround struggle deepensIntel was set to erase about $35 billion in stock market value on Friday in potentially its worst selloff ever after it suspended dividend ...
- Intel plans to cut thousands of jobs to finance recoveryIntel is planning to cut thousands of jobs as part of a cost-reduction strategy to address declining market share. The company aims to save...
- Intel discloses $7 billion operating loss for chip-making unitIntel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the...
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