Micron Technology Inc
Looking for top alternatives to Nvidia? These stocks still look cheap, according to the pros
Nvidia shares keep smashing records . The artificial intelligence chipmaker hit its most recent high in May, after reporting earnings that beat expectations on the back of strong AI demand. But Nvidia isn’t the only one benefitting from bullish sentiment on AI — other tech names also got a boost, leading the Nasdaq to close […]
Read More
Samsung’s HBM chips reportedly fall short Nvidia assessments due to heat and electricity usage woes
A male walks earlier the Samsung logo shown on a glass doorway at the company’s Seocho making in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Pictures Samsung Electronics’ latest significant bandwidth memory (HBM) chips have nevertheless to pass Nvidia’s tests for use in the U.S. firm’s AI processors due to heat and power intake […]
Read More
This is wherever the previous $6 billion in CHIPS Act semiconductor award income is likely
The rollout of the Biden administration’s CHIPS Act award revenue has so significantly concentrated on supplying main awards for important corporations, with just 4 primary-edge semiconductor makers getting the lion’s share of the $33 billion that has been allotted to this place. Now, with $6 billion remaining, the focus is shifting to sending smaller awards […]
Read More
Samsung Electronics names new chief for semiconductor business as AI chip race heats up
Samsung is the world’s biggest maker of memory chips. Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics named a new head for its semiconductor business on Tuesday, as the firm strives to lead the AI chip race. Young Hyun Jun will replace Kyehyun Kyung, who will now head the future business division, which focuses […]
Read More
Stocks building the major moves midday: Hims & Hers Wellbeing, Norwegian Cruise Line, Goal and extra
Check out the companies earning headlines in midday trading: Hims & Hers Wellness — Shares surged additional than 30% just after the telehealth business launched obtain to compounded GLP-1 injections, expanding on the bodyweight reduction program it introduced in December. Wix.com — The website advancement enterprise jumped more than 25% immediately after it posted superior-than-anticipated […]
Read More
Stocks making the biggest moves premarket: Apple, Nvidia, Li Auto and more
Check out the companies making headlines before the bell. Apple — Apple shares slipped less than 1% after Reuters reported the technology giant is implementing aggressive discounts on its iPhones in China. Micron Technology — Shares moved 2.3% higher after Morgan Stanley upgraded the semiconductor company to equal weight from underweight. The bank said it […]
Read More
U.S. orders Chinese-backed crypto miner to offer land in the vicinity of nuclear missile foundation
US Treasury Secretary Janet Yellen delivers remarks at the Treasury Department’s Committee on Overseas Financial investment in the United States meeting at the Treasury Office in Washington, DC, on September 14, 2023. Olivier Douliery | Afp | Getty Illustrations or photos U.S. President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining enterprise […]
Read More
Huawei’s new cell phone takes advantage of additional China-produced elements, memory chip
Huawei’s most up-to-date large-conclude cellphone options far more Chinese suppliers, including a new flash memory storage chip and an enhanced chip processor, a teardown evaluation confirmed, pointing to the development China is creating in the direction of technology self-sufficiency. Pau Barrena | AFP | Getty Illustrations or photos Huawei’s latest superior-end phone features more Chinese suppliers, which includes a new flash memory storage chip and an […]
Read More
Stocks making the biggest moves midday: Berkshire Hathaway, Micron, Tyson Foods, Spirit Airlines and more
Check out the companies making headlines in midday trading: Berkshire Hathaway — Class A shares added 0.6% following the release of first-quarter results and the annual shareholders meeting on Saturday. Berkshire posted a 39% yearly jump in operating profit, while cash holdings are approaching $200 billion. Micron Technology — The Boise, Idaho-based semiconductor company jumped […]
Read More
Samsung Electronics’ running earnings jumps 932.8% in very first quarter, beats expectations
Samsung Electronics Co. Galaxy S24 smartphones through a media preview occasion in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the important to unlocking larger income this calendar year. Photographer: SeongJoon Cho/Bloomberg by way of Getty Visuals SeongJoon Cho | Bloomberg | […]
Read More