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November 28, 2021

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Apple’s computerized glasses will be as powerful as a Mac and launch next year, top analyst says

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CNBC – For more and to sign up click here Tim Cook introduces iPhone 13 Source: Apple Inc. Apple’s computerized glasses will be as powerful as its Mac computers and launch at the end of 2022, top analyst Ming-Chi Kuo of TFI Asset Management said in a note to investors......

Samsung plans to build a $17 billion chip plant in Texas

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CNBC – For more and to sign up click here Semiconductors are seen on a circuit board. Justin Sullivan | Getty Images Samsung is planning to build a $17 billion semiconductor factory in Taylor near Austin, Texas, over the next three years as part of an effort to increase its......

Investors are going wild over a Dutch chip firm. And you’ve probably never heard of it

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CNBC – For more and to sign up click here Employees assemble a ASML NXT1970Ci photolithography machine at the ASML Holding NV factory in Veldhoven, Netherlands. Jasper Juinen | Bloomberg | Getty Images With a market value of around $350 billion, Dutch-headquartered ASML is a little-known tech juggernaut that’s set......

Qualcomm hits record high after it tells investors it will grow without Apple

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CNBC – For more and to sign up click here Cristiano Amon, CEO of Qualcomm. Steve Marcus | Reuters Qualcomm stock closed up 7.9% on Tuesday after it issued bullish forecasts at an investor’s conference in New York and said that its growth doesn’t rely on a relationship with any......

AMD shares jump after company wins Meta partnership, announces new chips

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CNBC – For more and to sign up click here Lisa Su, president and chief executive officer of Advanced Micro Devices Inc. (AMD), presents the AMD Ryzen 4000 series chip during an AMD press event at CES 2020 in Las Vegas, Nevada, U.S., on Monday, Jan. 6, 2020. Bridget Bennett......

How Intel plans to catch Samsung and TSMC and regain its dominance in the chip market

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CNBC – For more and to sign up click here For decades, Intel was the leading maker of the world’s most advanced chips. Of late, the company has been unable to keep up with the pace of change that co-founder Gordon Moore forecast for the technology industry. Moore’s Law predicted that......

Why Qualcomm’s supply issues are ‘in the rear view’ during a global chip shortage

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CNBC – For more and to sign up click here Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Qualcomm stock rose more than 12% on Thursday, one day after it reported September quarter earnings that not only beat what Wall Street expected, but also included bullish guidance for the December......

Qualcomm shares jump after company reports strong earnings during chip shortage

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CNBC – For more and to sign up click here Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Qualcomm shares rose more than 14% Thursday before leveling out to 12% midday, a day after the company reported fiscal fourth-quarter earnings that beat analyst expectations. Earnings showed Qualcomm has weathered the......

Qualcomm shares pop after company reports earnings beat, 56% rise in smartphone chip sales

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CNBC – For more and to sign up click here Cristiano Amon, president of Qualcomm and Qualcomm CDMA Technologies, responds to a question during a panel discussion on 5G wireless broadband technology during the 2018 CES in Las Vegas, Nevada, U.S. January 10, 2018. Steve Marcus | Reuters Qualcomm stock......

The chip industry has a colossal carbon footprint that needs to be tamed

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CNBC – For more and to sign up click here A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images Computer chips may be in short supply, but the semiconductor industry’s carbon emissions are plentiful. The little pieces of silicon......

China is pushing to develop its own chips — but the country can’t do without foreign tech

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CNBC – For more and to sign up click here A technologist inspects a computer chip. Sefa Ozel | E+ | Getty Images GUANGZHOU, China — China’s technology giants have been pushing to develop their own semiconductors or chips, a move seen as progress toward China’s goal to become self-reliant......

Big Tech earnings in the week ahead could test stocks’ recent rally

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Wednesday, Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images An earnings avalanche is coming in the week ahead that could put the stock......

Stocks making the biggest moves premarket: Snap, Intel, Zoom Video, Boston Beer & more

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Snap – Shares of the Snapchat parent plunged 19.5% in the premarket after the company warned of slowing growth due to the recent changes in Apple’s iOS privacy rules. Those rules make......

This Dow laggard’s chart is so bad, it’s good, trader says

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CNBC – For more and to sign up click here The Dow Jones Industrial Average may have hit a record this week, but some of its components still have room to catch up. One-third of the Dow is still more than 10% away from 52-week highs, with heavy hitters including......

Intel shares fall after company blames shrinking PC chip business on component shortages

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CNBC – For more and to sign up click here Pat Gelsinger Horacio Villalobos | Corbis News | Getty Images Intel shares fell more than 6% on Thursday on a weaker-than-expected sales report and after the company blamed an industry-wide component shortage for its PC chip business shrinking 2% during......

AMD CEO Lisa Su says chip shortage likely to end next year

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CNBC – For more and to sign up click here Lisa Su, CEO, AMD Scott Mlyn | CNBC The global chip shortage will become less severe in the second half of 2022, AMD CEO Lisa Su said on Monday, though she warned that the first half of the year will......

Elon Musk says the chip shortage is a ‘short-term’ problem

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CNBC – For more and to sign up click here Tesla Motors CEO Elon Musk speaks to the media next to its Model S. Nora Tam | South China Morning Post | Getty Images Tesla CEO Elon Musk said Friday that the ongoing semiconductor crisis will be over by next......

Elizabeth Holmes is living on the grounds of a $135 million Silicon Valley estate during her trial

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CNBC – For more and to sign up click here WOODSIDE, CALIF. — On the same day that former Theranos CEO Elizabeth Holmes was granted a delay in her criminal fraud trial due to a pregnancy, her partner was issued a traffic citation. William “Billy” Evans received a citation on......

Tech giants are rushing to develop their own chips – here’s why

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CNBC – For more and to sign up click here Google CEO Sundar Pichai talks about the company’s third-generation artificial intelligence chips. Source: YouTube screenshot Not content with relying on standard chips that are in high demand, some of the world’s biggest tech firms are developing their own semiconductors. Apple,......

How Amazon’s cloud business generates billions in profit

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CNBC – For more and to sign up click here Adam Selipsky, CEO, Tableau Software Scott Mlyn | CNBC Every year since at least 2014, more than half of Amazon’s operating profit has come from the online retailer’s cloud division, Amazon Web Services, which provides online services and tools that......

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