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Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts

by Edgar Davis
Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images News | Getty Images Intel has sold its …

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Best Buy unveils plans to grow sales, cash in on AI

by Anas Siddiqui
Best Buy unveils plans to grow sales, cash in on AI

Microsoft PCs on display at a Best Buy store in Secaucus, N.J.  Melissa Repko | CNBC Best Buy on Tuesday announced new plans to try to reverse a two-year sales …

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Nvidia (NVDA) stock rout leaves global chip shares volatile

by Walter Watson
Nvidia (NVDA) stock rout leaves global chip shares volatile

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. Tyrone Siu | Reuters Global semiconductor stocks saw volatile trading on …

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Nvidia is little known despite topping $3 trillion in market cap

by Edgar Davis
Nvidia is little known despite topping  trillion in market cap

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the …

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Honor Magic V Flip launch: Specs, price, availability

by Walter Watson
Honor Magic V Flip launch: Specs, price, availability

Honor Magic V Flip is Honor’s first “flip” style foldable smartphone. Honor Honor on Thursday launched its first flip foldable phone as the Chinese electronics maker looks to step up …

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This ‘quasi monopoly’ chip stock will drive AI trend for the next decade, says fund manager

by Walter Watson
This ‘quasi monopoly’ chip stock will drive AI trend for the next decade, says fund manager

European chip stock ASML “is almost in a quasi-monopoly position” to drive developments in artificial intelligence over the next decade, according to fund manager Marcus Morris-Eyton. ASML , a $380 …

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Citi names stocks to play the semiconductor boom

by Walter Watson
Citi names stocks to play the semiconductor boom

The global semiconductor industry is set to experience “groundbreaking changes,” Citi said, naming stocks to play the theme. “We believe semiconductor architecture will evolve towards the direction of memory and …

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CHIPS Act last $6 billion in semiconductor award money

by Walter Watson
CHIPS Act last  billion in semiconductor award money

The rollout of the Biden administration’s CHIPS Act award money has so far focused on providing major awards for major companies, with just four leading-edge semiconductor manufacturers receiving the lion’s …

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BofA names its top global stocks right now

by Walter Watson
BofA names its top global stocks right now

BofA Securities has screened for 20 of Asia’s “most important stocks,” selected from the constituents of the MSCI Asia Pacific Index. Each stock’s importance is measured by “multiplying the index …

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Samsung or SK Hynix? One’s a better play on the AI boom, say pros

by Walter Watson
Samsung or SK Hynix? One’s a better play on the AI boom, say pros

Big Tech names like Nvidia have been on fire, thanks to the artificial intelligence boom — and other chipmakers are sharing the limelight. The supply chain for AI is extensive. …

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