semiconductor

OpenAI is in discussions with Broadcom Inc. (NASDAQ:AVGO) to co-develop a new AI chip. This move is aimed at reducing the company’s dependency on Nvidia Corp. (NASDAQ:NVDA) and strengthening its supply chain. What Happened: OpenAI, co-founded and led by Sam Altman, is in talks with Broadcom...

The stock market may be on the brink of a significant correction, according to a leading market expert. Craig Johnson, the chief market technician at Piper Sandler, has issued a warning about the future of the “Magnificent Seven” stocks. What Happened: Johnson, in a recent appearance on...

Semiconductor stocks, tracked by the IShares Semiconductor ETF (NASDAQ:SOXX), have taken a beating this week. BofA believes the heavy selling pressure on semis sets the sector up for outperformance into the end of the year. What To Know: BofA Securities senior analyst Vivek Arya reminded investors...

The semiconductor market was jolted on Wednesday as stocks of major players like NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices, Inc. (NASDAQ:AMD), and Broadcom Inc. (NASDAQ:AVGO) took a sharp downturn. This came in the wake of reports suggesting that President Joe Biden is contemplating...

ASML Holding NV (NASDAQ:ASML), the leading supplier of equipment to computer chip manufacturers, has exceeded second-quarter earnings forecasts, driven by robust sales in China and a surge in new bookings. What Happened: The Dutch company reported a second-quarter net income of 1.6 billion euros ($...

In the escalating U.S.-China chip war, the Eindhoven University of Technology, a significant talent source for ASML Holding NV (NASDAQ:ASML), finds itself under increasing scrutiny from the U.S. The Netherlands, a primary source of machinery and expertise for advanced semiconductors, is under...

SoftBank Group Corp. (OTC:SFTBF) (OTC:SFTBY) led by has announced the acquisition of Graphcore, a UK-based chipmaker, in a significant move to bolster its artificial intelligence capabilities. What Happened: SoftBank, led by Masayoshi Son, has acquired Graphcore, a startup focused on AI, founded by...

ON Semiconductor Corp (NASDAQ:ON) announced it completed the acquisition of SWIR Vision Systems after the bell Tuesday. Here's a look at what to know.  The Details: On Semiconductor said SWIR Vision Systems is now a wholly owned subsidiary of On Semi, and its team is being integrated into On...

SoftBank Group subsidiary Arm Holdings (NASDAQ:ARM) CEO Rene Haas believes that analysts have underestimated the pace at which artificial intelligence is advancing. What Happened: Haas made these comments during an interview with Yahoo Finance’s Market Domination Overtime on Monday. He...

In a bid to secure a stable supply of high-end chips amid U.S.-China tensions, TikTok-parent ByteDance is reportedly collaborating with U.S. chip designer Broadcom (NASDAQ:AVGO) to develop an advanced AI processor. What Happened: The chip in question is a 5-nanometer custom product known as an...

Micron Technology, Inc. (NASDAQ:MU) shares are trading lower Friday as the recent rally in semiconductor and AI-related stocks takes a breather. Here's a look at the details.  What To Know: Bloomberg reported Thursday Micron faces construction delays after it discovered two endangered North...

A veteran tech investor has been reducing his holdings of NVIDIA Corp. (NASDAQ:NVDA), citing concerns over the company’s growth prospects. What Happened: Paul Wick, an investor at Seligman Investments, has been gradually decreasing his Nvidia holdings in the past few weeks due to...

In a bid to compete with South Korean rivals, Micron Technology Inc. (NASDAQ:MU) is planning to expand its high-bandwidth memory chip production in the U.S. significantly and is also considering manufacturing in Malaysia. What Happened: Micron, the leading U.S. memory chip maker, is constructing...

In a bid to further restrict China’s access to advanced semiconductor technology, the United States is reportedly urging Japan and the Netherlands to tighten their export policies. What Happened: A U.S. official, Alan Estevez, the chief of export policy, is currently in Japan after holding...

The popular arbitrage trade involving Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is causing unexpected pain as the U.S. stock premium over its Taiwanese counterpart reaches a 15-year high. What Happened: The premium of TSMC’s American depositary receipts over its Taiwan stock has...