• Tue, 14 May 2024

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Tag: Chipmaker

“Chipmaker Broadcom nears $3.8 billion deal to sell end-user computing unit to KKR: sources”
Business

“Chipmaker Broadcom nears $3.8 billion deal to sell end-user computing unit to KKR: sources”

  1. Broadcom nears $3.8 billion sale of remote access unit to KKR  Yahoo Finance
  2. Broadcom reportedly nears $3.8 billion sale of remote access unit to KKR  CNBC
  3. Broadcom nears $3.8-billion sale of remote access unit to KKR  The Globe and Mail
  4. Broadcom nears $3.8 bln sale of remote access unit to KKR  Marketscreener.com

You can read the full story here: “Chipmaker Broadcom nears $3.8 billion deal to sell end-user computing unit to KKR: sources” .

February 25, 2024 No Comments
“Nvidia Becomes First Chipmaker to Reach $2 Trillion Market Valuation”
Business

“Nvidia Becomes First Chipmaker to Reach $2 Trillion Market Valuation”

  1. Nvidia Is Now a $2 Trillion-Dollar Company Thanks to AI Dominance  IGN
  2. Nvidia CEO Jensen Huang Is Powering the AI Revolution  WIRED
  3. Nvidia’s market value briefly catapults to $2 trillion  CNN
  4. Nvidia’s (NVDA) H100 Chip Is Driving the AI Boom. What Is It?  Bloomberg
  5. Nvidia’s Huge Post-Earnings Stock Rally Costs Short Sellers $3 Billion  Markets Insider

You can read the full story here: “Nvidia Becomes First Chipmaker to Reach $2 Trillion Market Valuation” .

February 24, 2024 No Comments
Intel’s Bold Challenge to TSMC: New Chips for Microsoft on the Horizon
Business

Intel’s Bold Challenge to TSMC: New Chips for Microsoft on the Horizon

The post Intel’s Bold Challenge to TSMC: New Chips for Microsoft on the Horizon appeared first on News Directory 3.
Challenge TSMC! Intel announced that it will produce new chips for Microsoft. (Photo/AP) Chipmaker Intel held the IFS Direct Connect event in San Jose, USA, marking the first time it has published its process blueprint after splitting its foundry manufacturing and chip design divisions. CEO Ji Zinger said that through Intel’s advanced 18A process, Intel […]

February 22, 2024 No Comments
Nvidia’s Profits Soar 769% as Artificial Intelligence Takes Off
Business

Nvidia’s Profits Soar 769% as Artificial Intelligence Takes Off


You can read the full story here: Nvidia’s Profits Soar 769% as Artificial Intelligence Takes Off.
Last year, artificial intelligence had a breakthrough and one company that greatly benefited from this trend was chipmaker Nvidia. The company’s profits skyrocketed to nearly .3 billion in the three months ending on January 28th, a 769% increase from the previous year. Wall Street analysts were taken by surprise by this impressive growth. In fact, … Read more

February 22, 2024 No Comments
GlobalFoundries receives record US Chips Act grant
Tech

GlobalFoundries receives record US Chips Act grant

The post GlobalFoundries receives record US Chips Act grant appeared first on News Directory 3.
GlobalFoundries will receive large preferential subsidies from the government under the US Chips Act to build new manufacturing facilities to ‘ensure national security’. Faced with a shortage of components Semiconductor car at its peak, GlobalFoundries, the world’s third largest chipmaker, began signing long-term contracts with automakers and their partners, using large upfront payments from customers […]

February 21, 2024 No Comments
Biden Administration Awards $1.5 Billion to Chipmaker GlobalFoundries for U.S. Semiconductor Manufacturing Revitalization
Business

Biden Administration Awards $1.5 Billion to Chipmaker GlobalFoundries for U.S. Semiconductor Manufacturing Revitalization

You can read the full story here: Biden Administration Awards .5 Billion to Chipmaker GlobalFoundries for U.S. Semiconductor Manufacturing Revitalization.

The Biden administration recently announced a substantial .5 billion award to GlobalFoundries, a chipmaker based in New York. This grant is one of the first major disbursements from a government program aimed at revitalizing semiconductor manufacturing in the United States. In addition to the .5 billion award, the administration plans to provide another .6 billion … Read more

February 19, 2024 No Comments
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