US software stocks slide as IBM, ServiceNow results reignite AI disruption fearsUS software stocks fell in premarket trading on Thursday, following quarterly results from IBM and ServiceNow that reignited fears about AI...
23 Apr, 2026, 07.08 PM IST
GlobalFoundries names Sam Franklin as CFO after interim stintGlobalFoundries on Wednesday appointed Sam Franklin as its chief financial officer, succeeding John Hollister, who stepped down earlier thi...
11 Dec, 2025, 08.56 PM IST
GlobalFoundries expects upbeat quarter on demand for auto, data center chipsThe company has seen higher demand for its made-to-order chips, as automakers focus on electric vehicles and advanced driver-assistance sys...
12 Nov, 2025, 08.33 PM IST
STMicro sees better quarterly sales after bottom-of-year first quarterOne of Europe's largest chipmakers expects revenue of $2.71 billion in the second quarter, 16.2% lower than last year but above analysts' e...
24 Apr, 2025, 03.53 PM IST
Bumpy ride: Auto industry stuck with excess semiconductor stock post-pandemicChip sales in the auto sector skid as the post-pandemic frenzy turns into an inventory glut. With tapering of sales and other expected chal...
09 Feb, 2025, 04.12 PM IST
Chipmaker NXP forecasts downbeat first-quarter revenue on soft demandThe high cost of electric vehicles and prolonged high interest rates have discouraged buyers for several quarters, resulting in a buildup o...
04 Feb, 2025, 08.38 AM IST
Digital lending slowdown; Swiggy Instamart’s order size challengesHappy Thursday! Regulatory scrutiny is taking a toll on the growth of digital lending startups. This and more in today’s ETtech Morning Dis...
05 Dec, 2024, 08.57 AM IST
German chipmaker Infineon sees 'subdued' 2025 due to weak demandJochen Hanebeck, Infineon's chief executive officer said, "With the exception of artificial intelligence, our end markets are currently off...
12 Nov, 2024, 01.19 PM IST
Chipmaker NXP forecasts quarterly revenue below estimates on macroeconomic concernsNXP provides manufacturers with chips and other technology essential for high-speed digital processing utilized in sectors like automotive,...
05 Nov, 2024, 08.55 AM IST
NXP Semiconductors to invest more than $1 bln in India as it boosts R&D effortsNXP Semiconductors will invest over $1 billion in India to double its research and development efforts. The company, which has four semicon...
11 Sep, 2024, 05.14 PM IST
Microchip Tech expects weak revenue as customers try to clear excess inventorySlowing demand for electric vehicles at a time when customers are trying to clear excess semiconductor inventory has hurt demand for compan...
02 Aug, 2024, 03.41 PM IST
STMicroelectronics CEO says China is a growth market despite US chip warSpeaking at a Citi technology conference in London, CEO Jean-Marc Chery said the company is not daunted by plans by Chinese chipmakers to i...
12 Mar, 2024, 11.49 PM IST
Chipmaker NXP forecasts profit above estimates on resilient auto, industrial demandNXP in September said automotive demand was "pretty good" across all its markets, including China, which contributes about 30% to the chipm...
07 Nov, 2023, 04.35 PM IST
STMicroelectronics posts higher Q2 sales helped by automotive demandSTM said it expects third-quarter net revenues of $4.38 billion, a touch above the $4.32 billion it posted in the third quarter last year. ...
27 Jul, 2023, 02.17 PM IST
Chipmaker NXP third quarter forecast above estimates on steady automotive demandNXP, which had earlier said it expects no material impact from China's export curbs on certain gallium and germanium products, makes about ...
25 Jul, 2023, 05.43 PM IST
Ford's pain underscores uneven impact of two-year auto chip shortageFord said on Thursday it left billions of dollars on the table that were within its control and blamed a 100,000 vehicle shortfall in its f...
03 Feb, 2023, 10.26 PM IST
Qualcomm to acquire NXP Semiconductors for $47 billionChief Executive Officer Steve Mollenkopf is betting the deal, the largest in the chip industry’s history, will accelerate his company's ent...
28 Oct, 2016, 01.19 AM IST