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Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo shows: Reuters reportsQualcomm will begin notifying employees of job cuts in November as a part of its annual reviews. CEO Cristiano Amon mentioned the aim is to...- From rocks to riches: India’s unfinished critical minerals storyIndia's manufacturing industry is significantly affected by its heavy reliance on imported critical minerals like lithium and cobalt. The r...
- Global Market: Why China’s CXMT is putting global memory chip giants under pressureGlobal semiconductor stocks tumbled as Chinese chipmaker CXMT’s reported progress on a new memory chip design raised concerns about intensi...
- AI boom drives record sales at Dutch tech giant ASMLASML, a leading Dutch technology firm, has announced unprecedented profits, fueled by a surge in demand for semiconductor manufacturing rel...
- How an Idaho potato farmer backed Micron when it lost its only customer, helping a basement startup enter America’s semiconductor big leaguesPeople might wonder what led an Idaho potato farmer to invest in a chip company in 1978, when semiconductors were far from the global force...
- Too pricey to sell? Apple cuts iPhone 18 Pro orders by 20%, Duo faces similar riskApple has reduced component orders for iPhone 18 Pro and iPhone 18 Pro Max by 15%. This reduction is a response to weaker-than-expected dem...
- Samsung expects 780% quarterly operating profit jump on AI boomSamsung Electronics anticipates a remarkable surge in its third-quarter operating profit, fueled by soaring memory chip prices. With an est...
- Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
- SoftBank's growing bets on AI and semiconductor assetsFounder and Chief Executive Masayoshi Son is aiming to establish SoftBank as the world's leading AI platform with investments across the se...
- AMD hits $1 trillion market cap: Here’s a look at other chip firms in this clubAMD has joined the $1 trillion market-cap club, becoming the fourth US chipmaker to reach the milestone after Nvidia, Broadcom and Micron. ...
- SK Hynix in talks with Intel about deal to make memory chips in the US for the first time, sources sayUnder one potential scenario, SK Hynix would lease part of Intel's long-planned chipmaking facility in Ohio, they said. Under another scena...
- MediaTek launches new mobile chip using TSMC's most advanced technologyMediaTek said the Dimensity 9600 Pro is its first mobile processor built using Taiwan Semiconductor Manufacturing Co's cutting-edge 2-nanom...
- Qualcomm strikes AI chip deal with Amazon, offers right to buy about $4 billion in stockThe deal also highlights increasingly intertwined financing in the AI boom, with Qualcomm granting Amazon warrants worth about $4 billion t...
- AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
- Chinese memory chipmaker CXMT sues Pentagon over 'Chinese military company' designationThe company was designated a Chinese military company by the US Defense Department under the Biden administration and was retained on the l...
- TSMC, Sony to invest $4.7 billion in joint venture for image sensorsSony will be the controlling shareholder and invest 465 billion yen ($2.92 billion) through a combination of cash and asset transfers, in...
- Sony, TSMC to spend $6.3 billion to jointly make image sensorsSony Group and Taiwan’s TSMC plan to invest about 1 trillion yen ($6.32 billion) in a joint venture to manufacture next-generation image-se...
- Global Market: SK Hynix approves $38.3 billion investment plan through 2031 to expand AI chip productionSK Hynix approved investments of 54.3 trillion won through 2031 to expand semiconductor production, targeting rising AI-driven demand. Fund...
- Qualcomm tells customers of double-digit price increases: BloombergThe company told customers it could no longer absorb rising supplier costs and had sought alternative components from new suppliers, Bloom...
- Now global chipmakers like Qualcomm, MediaTek battle it out in Indian smartphone marketIndia is the latest battleground for global chipmakers who are fiercely vying to ensure their processors power maximum number of smartphone...
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