Customers experience Samsung’s new flagship fold-screen phone Galaxy Z Fold5 at a Samsung sales store in Hangzhou, East China’s Zhejiang province, Aug. 14, 2023. Costfoto | Nurphoto | Getty Images Samsung Electronics earnings are expected to plunge nearly 80% in the third quarter, according to analyst forecasts, as the company’s biggest profit-driving segment — semiconductors … Read more
Albert Liu, founder and CEO of Kneron. Harry Murphy | Sportsfile | Getty Images Kneron, a U.S.-based semiconductor startup, said on Tuesday it raised a fresh round of funding as it looks to ramp up the commercialization of its artificial intelligence chips, which it hopes will rival Nvidia’s. The company said it raised an additional … Read more
Jensen Huang, president and CEO of Nvidia, speaks in the course of the firm’s occasion on the 2019 Client Electronics Present in Las Vegas on Jan. 6, 2019. David Paul Morris | Bloomberg | Getty Photos This report is from in the present day’s CNBC Every day Open, our new, worldwide markets e-newsletter. CNBC Every … Read more
PlayStation DualSense controller and PlayStation 5 console are seen on this illustration photograph taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Pictures Sony on Wednesday reported a 31% fall in revenue within the first fiscal quarter as its life insurance coverage unit dragged on its backside line, however the … Read more
Dutch agency ASML and Taiwan’s TSMC, two of the world’s most necessary semiconductor companies, obtained a share worth increase on Thursday after Nvidia’s earnings impressed buyers. Nvidia reported earnings and income that beat market expectations on Wednesday. However its gross sales forecast of about $11 billion for the second quarter — greater than 50% greater … Read more
SMIC has been hit with U.S. sanctions however its enterprise has continued to develop. Nonetheless, China’s largest chipmaker nonetheless faces a problem catching up with rivals corresponding to TSMC. Qilai Shen | Bloomberg | Getty Photographs China’s largest semiconductor manufacturing agency SMIC on Friday posted its first decline in quarterly income in additional than three … Read more