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Intel shares are taking a hit on Monday after a report that TSMC may help with Elon Musk's Terafab factory.
Semiconductor stocks soared Monday as early signs of success for Meta Platforms Inc.’s new artificial intelligence agent sparked a wave of enthusiasm around demand for the chips needed to power such agents.
Intel and SK Hynix are reportedly in talks regarding the manufacturing of memory chips in the U.S. This deal could be a significant opportunity for Intel, which aims to attract prominent customers for its foundry business.
The stock market showed signs of recovery with the Nasdaq leading the way as investors anticipate a Federal Reserve rate hike. Major tech stocks, including Intel, Nvidia, and SK Hynix, experienced notable gains during this period of uncertainty.
Intel is the most actively traded stock in the premarket after Reuters reported that SK Hynix is in talks with the chipmaker about a deal that would see it manufacture memory chips in the US for the first time. SK Hynix says it’s made no decisions in response to the discussions.
SK Hynix Inc. is exploring options to boost its global competitiveness following reports of potential collaboration with Intel Corp. to manufacture semiconductors in the US.
Altera, a chipmaker backed by Silver Lake and Intel Corp., filed confidentially for an initial public offering.
Altera, a chipmaker backed by Silver Lake and Intel Corp., is preparing to file confidentially for an initial public offering. The offering could raise over $2 billion, with a listing potentially occurring as soon as this year.
Shares of Qualcomm, Corning, Intel, Advanced Micro Devices and others tied to the AI infrastructure trade popped on Tuesday.
ASML Holding NV has won commitments from top chipmakers to use its latest semiconductor production gear. The company is embarking on a broader agreement to meet surging demand for more powerful artificial intelligence technology.
Intel is reportedly set to further lift prices on its PC chips as costs rise across the supply chain.
Taiwanese authorities raided the office of PCB maker Unimicron, an Nvidia and Intel supplier, alleging it illegally labeled China-made parts as made in Taiwan. Taiwanese prosecutors said they are investigating Unimicron, a key supplier to Nvidia.
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