Tag: semiconductor
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Analog Devices Reports 23% Drop in Revenue Amid Semiconductor Industry Challenges
Analog Devices, a prominent global semiconductor leader, has disclosed its fiscal first-quarter results for 2024, concluding on February 3, 2024.
Analog Devices reported revenue of...
Nvidia Targets $24 bn Revenue in First-Quarter Betting on Chips for AI Business
Nvidia, which is powering majority of chips for AI business, said it is anticipating first-quarter revenue of $24 billion with an expected growth of...
Intel Wins Chip Deal from Microsoft, Outlines Plans to Overtake TSMC in Chip Manufacturing
Semiconductor major Intel revealed that software giant Microsoft intends to utilize its services to manufacture a custom computing chip, Reuters news report said.
This move...
GlobalFoundries Receives $1.5 bn in US Funding to Boost Semiconductor Manufacturing
The U.S. Department of Commerce has unveiled a $1.5 billion funding initiative for GlobalFoundries (GF). This funding, allocated as part of the U.S. CHIPS...
ASM International Announces CEO Succession Plan: Hichem M’Saad to Succeed Benjamin Loh
ASM International has disclosed its CEO succession plan, with CEO Benjamin Loh set to retire and step down at the Annual General Meeting (AGM)...
