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Keywords: Chip industry
CXMT, China's largest listed memory chip manufacturer by market value, is planning a second semiconductor fabrication plant in Beijing as it seeks to expand production capacity amid surging global demand for memory chips driven by artificial intelligence. According to sources familiar with the matter,......
Intel shares rose sharply in premarket trading on Friday after the semiconductor company delivered a stronger outlook, suggesting that growing demand for artificial intelligence infrastructure could accelerate its long-awaited recovery. The chipmaker's stock gained around 6% after Intel projected......
Demand for artificial intelligence chips continues to outpace global manufacturing capacity, according to TSMC Chief Executive C.C. Wei, who told shareholders that the company does not expect supply to meet demand for several more years. Speaking at the company’s annual shareholder meeting in Hsinchu,......
Huawei's rotating chairman Xu Zhijun offered a striking public acknowledgment at a recent industry event, thanking the United States for its semiconductor export restrictions and crediting Washington's pressure with forcing China to develop its own chip capabilities. His remarks encapsulated......
Shares of Micron Technology surged sharply after financial analysts at UBS significantly increased their target price for the company’s stock. The upgrade reflects growing optimism surrounding the global artificial intelligence industry and the rising demand for advanced memory chips. The semiconductor......
Huawei executive He Tingbo has emerged as one of the most influential figures in China’s technology sector, earning the nickname “Chip Queen” for her leading role in the company’s semiconductor strategy. He Tingbo joined Huawei more than three decades ago and became responsible......
Chinese technology company Wingtech Technology has filed a new lawsuit seeking approximately $1.2 billion in damages against chipmaker Nexperia and several related entities, escalating a long-running dispute over control of the semiconductor firm. The case, filed through a subsidiary, argues that Wingtech’s......
Taiwanese semiconductor giant Taiwan Semiconductor Manufacturing Company announced plans to sell up to 152 million shares in Vanguard International Semiconductor through a block trade aimed at financial institutional investors. The operation is expected to reduce TSMC’s ownership stake in Vanguard......
The U.S. semiconductor company Cerebras Systems is preparing for its stock market debut on the Nasdaq, as investor enthusiasm for artificial intelligence continues to drive strong demand for technology-related shares. The company’s initial public offering (IPO) is among the largest of the year,......