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Tag Archives: Semiconductors

AMD shares soar as Wall Street says chipmaker’s new products are a ‘reason to dream’

Advanced Micro Devices‘ new chips are thriving out there and can take huge share from its opponents, in accordance to Wall Street. The chipmaker reported better-than-expected first-quarter earnings outcomes Wednesday. AMD additionally gave income steering for its second quarter considerably above Wall Street expectations. Stifel reiterated its purchase ranking on …

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Analyst downgrades big Apple chip supplier due to declining iPhone demand

IPhone’s falling gross sales will damage a key Apple supplier, in accordance to a Wall Street agency. Mizuho Securities lowered its ranking to impartial from purchase for Skyworks Solutions shares, predicting the chip maker will face pricing stress later this yr. The supplier manufactures radio frequency semiconductors, which allow the …

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Qualcomm stock slides on layoffs, regulatory challenges to NXP merger

Ethan Miller | Getty Images Steve Mollenkopf, CEO of Qualcomm Qualcomm slid greater than four % Thursday after the corporate introduced layoffs and mentioned it could be withdrawing and refiling a merger software with Chinese authorities relating to a tie-up with Dutch semiconductor firm NXP. Sources inform CNBC Qualcomm is …

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Apple, Nvidia shares fall after a key Asian chip partner gives weak guidance

TSMC is the most important semiconductor foundry firm on the earth and manufactures chips for main know-how corporations reminiscent of Apple and Nvidia. Apple shares are down 1.eight % in Thursday’s premarket session, whereas Nvidia is down 2.2 %. Taiwan Semiconductor Manufacturing shares fell 5 %. TSMC on its convention …

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