Samsung Forecasts Worst Profit in Over a Decade as Tech Slump Hits Memory Chips
TechSouth Korean firm said it would cut memory-chip production, joining rivals in addressing supply glut Source link
Semiconductors
WSJ News Exclusive | Pentagon to Reap Rewards From $53 Billion Chips Act
WSJ News ExclusiveNational SecurityProgram aims to bolster national security by cutting reliance on imported chips Source link
U.S. Aluminum Producers Support Biden Tariffs on Russian Imports
American companies said they don’t expect the move by the Biden administration to drive up U.S. costs. Source link
Microsoft Signs ‘Call of Duty’ Pacts With Nintendo and Nvidia as Activision Deal Faces Scrutiny
The agreements come as regulators in the U.S. and abroad have said they are concerned the proposed $75 billion acquisition...
Memory-Chip Makers Face a Prolonged Price Slump
Prices of the chips are expected to keep falling in the first half of 2023, putting more pressure on an...
Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply
Only in the past two years has the U.S. fully grasped that semiconductors are now as central to modern economies...
Samsung Expects Big Drop in Profit on Slumping Tech Demand
High inflation and weak economies hit sales of memory chips and smartphones. Source link
Foxconn Hires Chip Veteran in Diversification Drive
Foxconn Technology hired Chiang Shang-yi, a veteran with decades of experience at some of the world’s biggest chip makers, to...
Buffett-Backed Electric-Car Giant BYD Halts Spinoff of Chip Unit
BusinessChinese company says IPO shelved to focus on booming electric-vehicle demand as chip bottleneck persists Source link
Tech Boom Ends as Companies From Amazon to Meta Adjust to Turbulent Times
A week of earnings by big technology companies has been a rout for investors, as recession fears and the strong...
Chip Maker SK Hynix Slashes Capital Spending
SEOUL—SK Hynix Inc., one of the world’s biggest chip makers by revenue, halved its planned investments for next year due...
American Executives in Limbo at Chinese Chip Companies After U.S. Ban
SINGAPORE—American workers hold key positions throughout China’s domestic chip industry, helping manufacturers develop new chips to catch up with foreign...
TSMC Reports Record Profit, Gains Exemption From U.S. Chip Curbs on China
Taiwan Semiconductor Manufacturing Co. said that its third-quarter net profit rose 80% to a new record, and that it had...
Memory Chip Makers Struggle With Declines in Demand, Price
The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest...
Intel Introduces Videogame Graphics Chips to Challenge Nvidia
Intel Corp. INTC -0.30% plans to start selling graphics chips for videogamers next month, aiming to get a piece of...
Nvidia Warns of Sales Hit From New U.S. Chip Licensing Requirements for China
Nvidia Corp. could lose as much as $400 million in quarterly sales after the U.S. imposed new licensing requirements on...
Inventory Pileup, Uneasy Shoppers Put Retailers in Jeopardy
For retailers, it is a season of discontent.From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and...
Intel, Brookfield Sign $30 Billion Deal to Finance Chip Factories
Intel Corp. INTC 0.33% has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc. BAM 0.14% to...
Foxconn Predicts Better Year Ahead but Flags Slowing Smartphone Demand
Foxconn Technology Group, the world’s biggest iPhone assembler, said demand for smartphones and other consumer electronics is slowing, leading it...
Nvidia Warns of Sales Shortfall as Gaming Revenue Drops
The Santa Clara, Calif., company expects revenue of $6.7 billion for the quarter ended July 31, some 17% below the...
