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American chipmaker Micron Technology has announced to build a second manufacturing facility in Taiwan. The facility will be opened at the Tongluo site that the company recently acquired from Powerchip Semiconductor Manufacturing Corp. According to a report by news agency Reuters, the new facility will help it expand supply of leading-edge DRAM products including high-bandwidth…
Chipmaker Nvidia reported stronger-than-expected results for the January quarter on Wednesday. The company also projected current-quarter revenue above market estimates, fueled by strong spending on artificial-intelligence processors by Big Tech companies.The company posted sales of $68.13 billion for the quarter, up 94% from a year ago, exceeding analysts’ estimate of $66.21 billion. Adjusted earnings came…
AI chip giant Nvidia on Wednesday reported profit of $31.9 billion and record high $57 billion quarterly revenue, surging beyond the bar set by stock market projections, potentially easing AI bubble fears.Investors closely watched as chipmaker Nvidia released its quarterly earnings amid the backdrop of AI bubble concerns.“Blackwell sales are off the charts, and cloud…
Chip giant Broadcom recently laid off employees in customer-facing roles, including sales and account management. This follows a significant strategic partnership with OpenAI to develop custom AI accelerators, signaling a focus on its high-margin chip design business amidst broader restructuring after the VMware acquisition. Chip giant Broadcom laid off employees this week in sales, customer…
