Chip stocks bounced back strongly on Monday after a brutal selloff the previous Friday. The Philadelphia Semiconductor Index fell 10.3% last week, wiping out $1.3 trillion in market value. But Monday’s rally saw major names surge 9 to 10 percent. Micron jumped 10% after dropping 13% on Friday. Marvell gained 9%, boosted by news it
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All posts tagged in Chip Makers
The UK is shaking up its tech game with a bold new strategy. It’s not just about rules anymore—the government is stepping in as a buyer, champion, and protector of homegrown AI chip makers. Why? To stop the brain and business drain to the US and keep Britain at the cutting edge of tech innovation.
Europe just admitted it’s too dependent on China for critical materials. The truth stings: over 90% of its rare earths come from Beijing. The continent’s factories, especially carmakers, felt the pain when China cut exports during trade disputes. Now, the European Commission wants to force companies to diversify. The plan? No more buying crucial components
Broadcom is rewriting the rules of growth in the chip world. The company just reported its AI chip revenue exploding past $10 billion in a single quarter. That’s a staggering 143% jump from last year! Yet, instead of chasing new acquisitions like before, Broadcom’s CEO Hock Tan is betting on organic growth powered by AI
Marvell Technology’s stock surged sharply after Nvidia’s CEO, Jensen Huang, declared it the next trillion-dollar company. The comment came during Computex 2026 in Taipei, where Huang and Marvell’s CEO, Matt Murphy, shared the stage. Marvell’s market value stood near $192 billion before the announcement. For the company to hit $1 trillion, its value must multiply
The US has tightened export controls on advanced AI chips, closing a loophole that let Chinese companies buy the best Nvidia processors through overseas subsidiaries. This move changes the game for China’s AI chip industry. For years, China relied on Nvidia’s powerful GPUs to run AI models. But US rules blocked direct sales of these
Big moves are shaking up the global chip race! India just landed a game-changing $3.3 billion deal to build a massive glass-substrate manufacturing plant. And guess who’s leading the charge? Intel, teaming up with 3D Glass Solutions to plant a high-tech flag in Odisha. This isn’t just any factory. It’s a leap toward next-gen chips
Xiaomi is expanding its 17 series with two new midrange contenders: the 17T and 17T Pro. Both models focus on telephoto camera prowess and battery endurance, aiming to challenge pricier flagships. The 17T Pro sports a 6.83-inch AMOLED display with 1.5K resolution and a blistering 144Hz refresh rate. The screen hits a peak brightness of
Qualcomm just landed a major deal with ByteDance, TikTok’s parent company, to supply millions of AI-focused chips. This isn’t just another chip sale — it’s a carefully engineered workaround of US export controls. ByteDance will deploy these application-specific integrated circuits (ASICs) in its AI data centers, powering its AI-agent software. The deal has two parts.
Samsung’s chip workers are set to receive eye-popping bonuses worth up to $400,000 this year. This comes after a tense wage negotiation that narrowly avoided an 18-day strike. The deal covers roughly 28,000 employees in Samsung’s memory chip division, the company’s cash cow amid the AI boom. Bonuses will be paid in company stock over
