Catenaa, Tuesday, August 12, 2025- China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the chipmaker’s return to China. Quoting sources, Bloomberg said that over the past few weeks, Chinese authorities have sent notices to a range of firms discouraging the use of the less-advanced semiconductors. The guidance […]
Catenaa, Friday, July 25, 2025- Intel reported its second-quarter earnings on Thursday, beating on revenue but missing on earnings per share due to impairment charges. The company said it is cutting its headcount by 15% and expects to have approximately 75,000 employees by the end of the year. Intel also offered an upbeat Q3 revenue […]
Catenaa, Monday, August 11, 2025– Nvidia and AMD agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, Financial Times reported on Monday. Quoting sources, the report said that Nvidia plans to share 15% of the revenue from sales of its H20 […]
Catenaa, Tuesday, August 19, 2025- Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell. US President Donald Trump last week opened the door to the possibility of more advanced Nvidia chips being sold in […]
Catenaa, Wednesday, May 154, 2025-Nvidia’s stock surged as much as 6.4% on Monday, reaching an intraday high of $130.99 per share, after the company announced a strategic partnership with Saudi Arabia’s Humain, a subsidiary of the kingdom’s Public Investment Fund. The surge helped Nvidia’s market capitalization climb back above $3 trillion, marking its highest valuation […]
Catenaa, Wednesday, August 20, 2025- Palantir stock has fallen about 17% in the last 5 trading days, following a price report by short seller Citron Research and as investors move away from tech stocks. Palantir stock rose more than 150% from its April low through its second quarter earnings report, which saw the company’s revenue […]
Catenaa, Tuesday, August 19, 2025- Japanese technology giant SoftBank Group plans to take a $2 billion stake in chip maker Intel as it deepens its involvement in US semiconductor manufacturing. SoftBank said on Monday that it plans to buy $2 billion of Intel’s common stock, paying $23 per share. SoftBank invests in an array of […]
Catenaa, Thursday, March 13, 2025- Taiwan Semiconductor Manufacturing Co. (TSMC) has pitched a joint venture to US chipmakers Nvidia, AMD, and Broadcom to manage Intel’s foundry division, sources told Reuters. Under the plan, TSMC would oversee operations but hold no more than a 50% stake. Qualcomm has also been approached, sources said. The talks, still […]
Catenaa, Thursday, April 10, 2025- TSMC, the world’s largest contract chipmaker, reported $ 25.55 billion net revenue in the first quarter on Thursday, beating market forecasts, as the company reaps the benefit from artificial intelligence demand. In the January-March period, Taiwan Semiconductor Manufacturing Co (TSMC) posted revenue of 839.25 billion Taiwan dollars, about $25.5 billion, […]
Catenaa, Thursday, August 14, 2025- US stocks fell on Thursday as Wall Street digested a much hotter-than-expected Producer Price Index in July inflation, waning hopes of a September rate cut. The Dow Jones Industrial Average slipped 0.3%, while the benchmark S&P 500 fell 0.1%. The tech-heavy Nasdaq Composite lost 0.1%. Tech stocks such as AMD […]