Micron reports Q1 revenue up 57% YoY to $13.64B, above $12.84B est., net income up 180% YoY to $5.24B, and Q2 revenue forecast above est.; MU jumps 5%+
CEO says it can only meet half to two-thirds of demand Akriti Shah / NewsMax.com : Micron Surges 13% on Upbeat Profit Forecast James Van Straten / CoinDesk : Micron crushes earnings, calming markets a...
Chinese AI chipmaker MetaX's shares jumped as much as 755% in its Shanghai debut, after a heavily oversubscribed ~$585.8M IPO, pushing its market cap past ~$42B
All you need to know about the Chinese chipmaker Reuters : MetaX shares surge 700% on debut as China's AI chip push gathers speed Namrata Sen / Benzinga : Chinese GPU Maker MetaX Shares Surge Over 600...
Jensen Huang says “we don't know” if China would accept Nvidia's H200 AI chips should the US relax export controls on them, after a meeting with President Trump
FT Report Flags Pivotal AI Chip Export Decision for Traders The Korea Herald : Trump meets Nvidia CEO Huang: source DigiTimes : Taiwan's president invokes past chip curbs as US weighs Nvidia sales to ...
Nexperia says China has banned it from exporting China-made products, as Beijing retaliates after the Dutch government took over the Wingtech-owned chipmaker
861,000 square foot assembly site in Gaungdong affected as trade war spirals Miranda Jeyaretnam / Time : U.S. and China Appear to Escalate Trade War for Leverage in Dealmaking Mark Hallam / Reuters : ...
Wingtech's Shanghai-listed stock plunged 10%, its daily limit, after the Dutch government seized control of Nexperia, which Wingtech acquired in 2018 for $3.6B
Nexperia parent company Wingtech preps response to ‘exceptional’ steps taken to safeguard ‘crucial technological knowledge’ Toby Sterling / Reuters : Dutch government intervenes at Chinese-owned compu...
Taiwan's vice premier, who is leading US negotiations, says Taiwan would not agree to a 50-50 split in chip production, adding no such condition was discussed
trade discussion to be focused on Section 232 investigation for preferential deal on semiconductors DigiTimes : Taiwan rejects US proposal for 50-50 chip production split John Liu / CNN : Taiwan says ...
Intel announces top executive changes, including the departure of Intel Products CEO Michelle Johnston Holthaus, and establishes a new central engineering group
company also establishes new custom chip design unit Prasanth Aby Thomas / Computerworld : Intel announces leadership overhaul, underscoring long road to recovery Jacob Fox / PC Gamer : Intel reshuffl...
Foxconn says it built FoxBrain, an in-house reasoning LLM, trained in four weeks with support from Nvidia via its Taiwan-based supercomputer and consulting
Chinese AI Model Poised for Open Source Release Markus Kasanmascheff / WinBuzzer : Foxconn Unveils FoxBrain AI Reasoning Model, Built In Just Four Weeks with 120 Nvidia H100 GPUs Focus Taiwan : Hon Ha...
Iran has emerged as the most aggressive foreign threat to the US election; a Microsoft report showed ways it has tried to hack a presidential campaign and more
Microsoft reveals apparent attack ahead of US election SC Media : Iranian influence operations against US elections escalate Juliana Kim / NPR : Microsoft detects fake news sites linked to Iran aimed ...
China has been ASML's biggest market for four quarters in a row; China sales rose 21% YoY to €2.3B in Q2 2024 and accounted for 49% of ASML's Q1 and Q2 sales
here's why Nikita Prasad / Livemint : Tech-heavy Nasdaq hits two-week-low; Nvidia, ASML crash 4-8% from all-time high on tighter US trade curbs outlook DigiTimes : ASML performance surges amid TSMC in...