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2023-07-18 07:50:22 ET Investment firm Bank of America made a number of ratings changes in the semiconductor space on Tuesday, upgrading Camtek ( NASDAQ: CAMT ) and downgrading Coherent ( NYSE: COHR ), MACOM Technology ( NASDAQ: MTSI ) and Lumentum ( NASDAQ: LITE...
2023-07-11 07:06:34 ET GlobalFoundries ( NASDAQ: GFS ) CFO Tim Stone will not assume his duties as CFO and will depart the company effective July 11 th . David Reeder will remain as GF’s CFO through the end of the year, to support the selection of a n...
MALTA, N.Y., July 11, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that Tim Stone and GF have agreed that he will not assume his duties as CFO for GF and will depart the company effective July 11 th . David Reeder will remain as GF’s CFO through the end of the...
2023-07-07 05:22:08 ET Samsung Electronics ( OTCPK:SSNLF ) expects second-quarter operating profit to plunge about 96% Y/Y to 60 billion won (~$46 million), as the memory chip downturn continues amid an oversupply, sending its Korean-listed shares 2.4% lower . The world's l...
2023-07-05 15:25:03 ET Intel's ( NASDAQ: INTC ) is "on track" to regain its technology leadership from its competitors, according to investment firm Northland Capital Markets, but it's the chip giants's push to be a global foundry that is seen as a necessity. Analyst Gus Richard...
2023-07-05 09:53:40 ET Investment firm Citi said on Wednesday that it is staying cautious on semiconductor stocks even as industry data from May showed a larger-than-expected increase. Citing data from the Semiconductor Industry Association, Citi analyst Christopher Danely noted that ...
MALTA, N.Y., July 05, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, August 8, 2023, at 8:30 a.m. ET following the release of the company’s second quarter 2023 financial results. Conference Call and Webcast Inf...
2023-07-03 08:41:54 ET Thierry Breton, the Commissioner for Internal Market of the European Union, said on Monday that the 27-country bloc intends to further semiconductor collaboration with Japan. "We believe that it's extremely important to secure the supply chain of semiconductors," ...
2023-06-30 11:52:16 ET Semiconductor stocks were largely higher on Friday, spurred in part by an upgrade of Nvidia ( NASDAQ: NVDA ) on the company's artificial intelligence prowess. Nvidia ( NVDA ) shares rose nearly 4% after Daiwa Capital upgraded the tech giant, ci...
2023-06-29 14:36:06 ET Semiconductor stocks were mostly lower on Thursday as investors fretted about a recovery in the industry despite better-than-expected results from Micron Technology ( NASDAQ: MU ). Micron ( MU ) shares fell nearly 4.5% , bringing down stoc...
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2024-07-17 14:11:54 ET Semiconductor stocks are having a rough time of things Wednesday, with shares of giants such as Taiwan Semiconductor Manufacturing (NYSE: TSM) falling more than 7% on worries of additional U.S. government interference with the chip market. One semicond...
MALTA, N.Y., July 08, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, August 6, 2024, at 8:30 a.m. ET following the release of the company’s second quarter 2024 financial results. Conference Call and Webcast I...
MALTA, N.Y., July 01, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced that it has acquired Tagore Technology’s proprietary and production proven Power Gallium Nitride (GaN) IP portfolio, a high-power density solution designed to push the boundaries of efficiency...