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Chip Stocks Rally
What the roller-coaster earnings at ASML and TSMC tell us about demand for AI chips
TSMC's blockbuster results should be a welcome surprise to investors after ASML's earnings sent semiconductor stocks tumbling earlier this week.
Chip Stocks Rally as TSMC Earnings Point To Strong AI Demand
Key Takeaways Chip stocks rose Thursday after the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co., reinvigorated Wall Street’s AI enthusiasm. Better-than-expected quarterly results and a rosy financial outlook powered its shares higher,
TSMC Stock Gains on Earnings Beat. There’s Nothing Wrong With AI Chips.
Taiwan Semiconductor Manufacturing stock was rising after the company posted a big jump in profit and sales for the third quarter, beating analysts’ estimates. It’s a sign of strong demand for artificial-intelligence chips.
1d
on MSN
Apple's made-in-the-USA chips signal a turnaround for the US's big semiconductor bet
TSMC has begun producing chips for Apple at its Phoenix fab, people familiar with the matter said, in a boost for US ...
17h
on MSN
How the CEO of this upstart Nvidia rival hopes to seize on the lucrative market for AI chips
Cerebras Systems co-founder and Chief Executive Andrew Feldman likes to compare the current state of AI to the dial-up era of ...
2d
on MSN
PepsiCo adding more chips to bags following 'shrinkflation' complaints
PepsiCo said in its latest earnings call it is adding more product to some chip products including Tostidos and Doritos in an ...
Executive Gov
17h
Commerce Department Announces CHIPS Funding for Infinera
The CHIPS funding will also enable Infinera to build a new test and packaging facility in Bethlehem, Pennsylvania, to meet ...
1d
US TSMC probe puts iPhone chips at risk
A US Commerce Department investigation into a possible sanctions breach by TSMC could spell trouble for Apple, as its chip ...
3d
‘We like getting the variety boxes of chips at Sam’s and Costco’: Shopper shares hack to make your own variety box of Frito-Lay chips
Sammie continues, explaining she and her family buy the variety boxes of chips at Sam’s Club and Costco. “But I always feel ...
2d
on MSN
ODD taps $27M for diamond chips to clear radioactive debris at Fukushima Daiichi nuclear power plant
Back in 2011, the world held its breath after the Fukushima Daiichi nuclear plant in Japan suffered a failure of its cooling ...
3d
on MSN
NC chipmaker Wolfspeed lands federal CHIPS Act grant to support new Siler City factory
The Durham semicondcutor company could receive up to $750 million in federal funding as it looks to improve its balance sheet ...
4d
Wolfspeed Wins $1.5 Billion Financing From Chips Act, Apollo
Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government ...
17h
on MSN
A ‘revolutionary’ Turbo Mode promises up to 35% faster gaming on Ryzen chips
Ryzen 9000 hasn’t been the surefire hit AMD fans were hoping for. Enthusiasts are still waiting for the X3D chip in the line, ...
Rome Sentinel
3d
Wolfspeed enters into preliminary agreement for $750 million in CHIPS funds
With proposed investments from the federal government under the CHIPS Act and private investors, Wolfspeed will have access ...
1d
on MSN
Frasse: ARM is the architecture for Apple's M-series chips.
"Nick Frasse, Associate Product Manager at VanEck, discusses NVIDIA's rise and highlights ARM's growing role in designing ...
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Nvidia
Artificial intelligence
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