MediaTek Inc
Bank of The us: These 6 world-wide AI shares are ‘hidden gems’ with terrific potential
Lender of The united states has identified five world-wide shares it claims are set to advantage as the use cases of synthetic intelligence applications develop appreciably. In an Oct. 3 be aware titled “Close-product AI: Great probable with concealed gems awaits,” the financial institution claimed tailored and non-public AI solutions could shortly be introduced immediately […]
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GlobalFoundries opens $4 billion Singapore growth fab to meet ‘demand for critical semiconductor chips’
A robotic arm moves 300 mm silicon semiconductor wafers inside a sorting machine in a cleanroom at a Globalfoundries Inc. semiconductor fabrication plant. Liesa Johannssen | Bloomberg | Getty Visuals U.S.-headquartered GlobalFoundries declared Tuesday the opening of its $4 billion growth fabrication plant in Singapore as the contract chipmaker expects “expansion in demand for vital […]
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UBS states this semiconductor stock is a ‘buy’ — and doubles its price concentrate on
UBS is upgrading Taiwanese foundry United Microelectronics from “neutral” to “acquire.” The Swiss expense lender raised its selling price target on the stock from 37 Taiwan bucks ($1.20) to NT$75, symbolizing a prospective upside of practically 50% from its closing price tag on Wednesday. “We assume UMC to benefit from additional steady trailing-edge foundry pricing, […]
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Asia tech is back again, Bernstein claims, naming Alibaba and 5 more top picks
China’s reopening is viewed as a main tailwind for stock marketplaces this calendar year, and Bernstein has shared a record of inventory picks to dollars in — which it says also offer downside safety. “We collaborate with our sector analysts to emphasize 30 stocks which appear effectively positioned to seize the China reopening tailwind, advantage […]
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A corner of tech is up 50% from its 2022 lows — and strategists advocate these shares to participate in it
The semiconductor sector has noticed really a turnaround of late. Chip stocks were being among the the worst performers previous year, with the iShares Semiconductor ETF (SOXX) shedding a lot more than 35% of its worth. But the sector has been quietly regaining individuals losses, with the index up practically 50% from its October lows, outperforming […]
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TSMC shares jump 5% following Morgan Stanley claims the chipmaker is a ‘top pick’
Taiwan Semiconductor Production Enterprise, Minimal at Hsinchu Science Park. Shares of the world’s largest chip maker Taiwan Semiconductor Producing Corporation rose as significantly as 5% on Wednesday early morning in Asia just after Morgan Stanley encouraged the stock. Annabelle Chih | Getty Images Information | Getty Visuals Shares of the world’s most significant chip maker […]
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Intel plans to make chips for Taiwan’s MediaTek to keep up with Asian manufacturing rivals
Intel Foundry Services will manufacture multiple chips for MediaTek for a range of smart edge devices, the two companies said on Monday. Fabian Bimmer | Reuters Intel will manufacture semiconductors for Taiwan’s MediaTek, giving the U.S. company a big boost for its contract chipmaking business. MediaTek is one of the biggest suppliers of smartphone processers […]
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Stay defensive with these global stocks amid market volatility, analysts say
HSBC, Credit Suisse and UBS name their top defensive stock picks. Source
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