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Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecastQualcomm shares saw a significant jump. CEO Cristiano Amon expressed confidence in a smartphone market rebound post the fiscal third quarte...- Qualcomm rises on smartphone rebound hopes, data-center chip pushQualcomm anticipates lower third-quarter earnings but sees a smartphone market rebound. The chip giant is also entering the data center mar...
- Marvell Tech shares soar on bullish multi-year AI chip outlookMarvell Technology rose nearly 11% in early trading on Friday, as its upbeat multi-year forecast underscored booming demand for custom AI c...
- Rising AI pressure, weak Q3 performance weigh on Capillary sharesCapillary Technologies India's stock has fallen 35% from its peak due to AI threats and a muted December quarter. The company, which offers...
- Too much power, too much risk? Big Short investor Michael Burry says Nvidia chips could hand AI edge to ChinaInvestor Michael Burry cautions that Nvidia's focus on powerful, energy-intensive AI chips could hinder America's global AI race. He highli...
- Broadcom shares in focus on Microsoft deal buzz ahead of Q4 resultsBroadcom is reportedly in talks with Microsoft for a significant AI chip deal, which could greatly benefit the former's custom chip divisio...
- Nvidia ‘delighted’ at Google's chip push, but asserts its ‘generational’ leadNvidia welcomes Google's entry into the external AI chip market, even as it asserts its industry leadership. While Google plans to offer it...
- Can Capillary Technologies' IPO deliver long-term gains for investors?Capillary Technologies is set to launch an Initial Public Offering to raise funds for cloud infrastructure and research. The company aims t...
- Australia's ANZ to pay $160 million over bond deal, customer violationsAustralia and New Zealand Banking Group will pay a hefty fine. The penalty is for misconduct including charging deceased customers. The ban...
- Chipmaker Marvell's weak data centre forecast prompts AI investors to dump its stockMarvell Technology forecast quarterly revenue below expectations, sending shares down 12%. Despite a 69% rise in data centre revenue, growt...
- Broadcom forecasts Q1 revenue above estimates on strong AI chip demandBig tech has been vying to reduce its dependence of pricey, supply-constrained AI processors made by front-runner Nvidia , helping Broadcom...
- Cyient acquires 27.3% in US based Indian startup Azimuth AIThe strategic investment will expand Cyient’s capabilities across the semiconductor industry, said the Hyderabad headquartered firm in an e...
- Morgan Stanley buys a piece of Cyient DLM as promoter Cyient trims stake in Rs 879-crore bulk dealCyient Ltd sold 14.5% of its subsidiary Cyient DLM, raising Rs 879 crore. Major investors like Morgan Stanley and HDFC Mutual Fund acquired...
- Cyient sells over 1 crore shares of Cyient DLM in Rs 900 crore block dealCyient sold around 1.2 crore shares of Cyient DLM at an average price of Rs 766/sh in an Rs 883 crore block deal today. Cyient had previous...
- Taiwan chip firms flock to Japan as China decoupling acceleratesThe influx comes amid shifting alliances and priorities in the global chip industry as the United States pushes to limit China's progress i...
- Meta will become Broadcom's next billion-dollar customer: JP MorganASIC (application-specific integrated circuit) chips will drive $2 billion to $2.5 billion in revenue for Broadcom this year, helped by its...
- McLaren Strategic Ventures launches AI-customized chip design venture in IndiaIt has launched Atlas Silicon, a comprehensive ecosystem that will create digital synergies to bring concept, design, IP and production und...
- Capillary Technologies files DRHP for Rs 850 crore IPOAccording to the draft papers, the issue consists of a fresh issue of equity shares aggregating to Rs 200 crore and an offer for sale (OFS)...
- Sports apparel and footwear companies outrun fast-fashion and lifestyle rivals since the onset of Covid-19Companies such as Decathlon, Asics, Puma, Skechers and Reebok grew 7-24% in the year ended December 2020, significantly outpacing apparel r...
- 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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