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2023-07-31 11:07:31 ET Semiconductor stocks moved mostly higher on Monday after strong results and guidance from ON Semiconductor ( NASDAQ: ON ), while investors awaited several key earnings reports from the industry. ON ( ON ) rose more than 3% after the company said ...
2023-07-31 06:00:00 ET Leading memory producer Micron Technology (NASDAQ: MU) and its peers are in one of the worst memory downturns in history, but the hope is that memory-hungry artificial-intelligence (AI) applications will help the industry dig itself out. Micron had impress...
2023-07-28 09:12:25 ET Summary Enovix Corporation produced 25% more units in Fab-1 in Q2 2023, highlighting the continued operational improvements made in the quarter. The company received a purchase order from the U.S. Army, grew its revenue funnel to $1.59 billion, and establish...
2023-07-27 10:02:25 ET European semiconductor companies STMicroelectronics ( NYSE: STM ) and ASML Holding ( NASDAQ: ASML ) led the sector higher in early trading on Thursday as investors awaited results from industry giant Intel ( NASDAQ: INTC ) after the close of tr...
BOISE, Idaho, July 26, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced it has begun sampling the industry’s first 8-high 24GB HBM3 Gen2 memory with bandwidth greater than 1.2TB/s and pin speed over 9.2Gb/s, which is up to a 50% improvement over currently shipp...
2023-07-26 04:00:00 ET Summary Seven tech stocks accounted for almost 75% of the S&P 500's year-to-date gains, marking the technical start of a new bull market, even as investors raised concerns about narrow market breadth. Shares of Coinbase Global Inc. (COIN) paced advancing...
2023-07-25 13:43:34 ET The $47B Chips Act that the European Union provisionally passed in April has received final approval from the European Council, paving the way for the 27-country bloc to compete with the U.S. and Asia in the semiconductor industry. "The Chips Act aims to ...
BOISE, Idaho, July 25, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced the Crucial ® X9 Pro Portable SSD and Crucial X10 Pro Portable SSD , two new performance offerings in the Crucial Pro Series product portfolio , designed for content ...
2023-07-24 14:28:20 ET Summary Micron's financial metrics over the last year are terrible. The semiconductor sector's revenue seems to be headed down. China has placed restrictions on Micron's sales thus negatively affecting Micron's revenue projections. Overview: ...
2023-07-20 17:06:22 ET Summary New technologies, HBM and 128GB DDR5, will drive a recovery in the memory market. Micron has just a 10% share of the HBM (high bandwidth memory) market. Micron has yet to produce a 128GB DDR5 chip. SK Hynix monopolizes both sectors of the hig...
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SANTA CLARA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FMS: The Future of Memory and Storage — Micron Technology, Inc. (Nasdaq: MU), today announced it is the first to develop PCIe ® Gen6 data center SSD technology for ecosystem enablement as part of a portfolio of memory and ...
VANCOUVER – USA News Group – In this ongoing artificial intelligence (AI) rally, not all tech stocks are experiencing the same growth. According to Reuters , tech giants such as Microsoft are facing setbacks, while chipmakers continue to climb, marking a divide in the benefi...
2024-07-31 13:25:37 ET One of the biggest driving forces behind the market rally that kicked off early last year has been the accelerating adoption of generative artificial intelligence (AI) . However, after the big run-up, investors have taken a step back, looking for additional eviden...