Tag: semiconductors

Cerebras Stock Plunges as AI Chipmaker Swings to Quarterly Loss

Cerebras shares tumbled after the AI chipmaker swung to a quarterly loss, testing investor confidence in the sector despite continued revenue growth.

YMTC Breaks Into Global Top 3 NAND Suppliers With 14% Share

Yangtze Memory Technologies captured 14% of global NAND flash bit shipments in Q2, entering the world's top three suppliers for the first time.

Cerebras Stock Falls 14% Despite Raised AI Chip Guidance and Revenue Beat

Cerebras Systems shares dropped about 14% after beating second-quarter revenue estimates and raising its full-year AI chip guidance.

KOSPI Enters Bull Market, Rebounding 20% From July Low on Chip Rally

South Korea's Kospi entered a technical bull market Thursday, rebounding about 20% from its July low as SK Hynix and Samsung led a renewed AI chip rally.

Sony and TSMC Plan $6.3 Billion Joint Venture to Produce Image Sensors in Japan

Sony and TSMC are set to invest about $6.3 billion in a joint venture to manufacture advanced image sensors in Japan, deepening their chip partnership.

Apple Tests Memory Chips from China’s CXMT to Ease AI-Driven Supply Crunch

Apple is evaluating memory chips from China's CXMT for its devices as AI-driven demand tightens global supply and pushes prices higher.

Intel Launches $15 Billion Stock Sale as Turnaround Rally Lifts Shares

Intel plans to sell about $15 billion in common stock after a 400% share rally, funding growth in AI, custom chips and advanced packaging.

TSMC Sales Surge 45% in July as AI Chip Demand Fuels Record Growth

TSMC posted a 45% surge in July revenue as demand for AI chips from customers like Nvidia and Google continues to drive record growth for the chipmaker.

AMD Shares Tumble Despite Earnings Beat as Investors Demand Bigger AI Payoff

AMD shares dropped about 8% in premarket trading despite beating expectations, as investors demanded bigger returns from its AI chip business.

Asian Tech Stocks Slide as SK Hynix Suffers Brief Flash Crash Amid AI Sell-Off

SK Hynix briefly plunged 30% in a flash crash as Asian tech stocks fell on a Wall Street AI sell-off, though analysts say the investment cycle holds.

Asia Tech Sell-Off Rattles Markets but Leaves AI Investment Cycle Intact, Analysts Say

Asian tech shares have dropped up to 30%, hurting Chinese fund managers who chased AI plays, but analysts say the AI investment cycle remains on track.

Micron Shares Rebound to Defy Memory-Chip Selloff as Wall Street Holds Firm

Micron Technology shares reversed sharp losses to finish higher, defying a memory-chip selloff that pressured rivals Sandisk and Western Digital as Wall St