Tag: Semiconductors
A backlog at the Commerce Dept. is reportedly stalling Nvidia’s H20 chip licenses | TechCrunch
Earlier in July, U.S. Secretary of Commerce Howard Lutnick gave chipmakers like Nvidia the green light to start selling certain AI chips in China...
Nvidia CEO Jensen Huang says he’s created more billionaires than any CEO in the world: ‘Don’t feel sad for anybody at my layer’
Nvidia’s CEO Jensen Huang has amassed a $151 billion net worth thanks to the success of his $4 trillion semiconductor company. And the ninth...
Intel continues to pull back on its manufacturing projects | TechCrunch
Intel CEO Lip-Bau is making progress on his plan for the company to shed its inefficiencies. And that includes spiking several manufacturing projects.
The semiconductor...
Trump’s AI Action Plan aims to block chip exports to China but lacks key details | TechCrunch
The Trump administration wants its AI technology to be considered an industry leader both on home soil and abroad. But it also doesn’t want...
UAE’s deal to buy Nvidia AI chips reportedly on hold | TechCrunch
The massive AI deal between the U.S. and the United Arab Emirates (UAE) is reportedly on hold before it can be finalized due to...
Michigan fails in bid to build semiconductor manufacturing plant, Whitmer blames ‘massive economic uncertainty’
Plans to build a semiconductor manufacturing plant in Michigan have fallen through and Democratic Gov. Gretchen Whitmer said Wednesday that “massive economic uncertainty” is...
AI helped save the chip industry. What happens if it turns out to be a bust?
Nvidia is now the first company to surge past $4 trillion in market capitalization, rebounding from its DeepSeek-induced slump earlier this year. Other AI...
Nvidia reportedly plans to release new AI chip designed for China | TechCrunch
Nvidia seems determined to find a way to sell AI chips in China despite U.S. export restrictions.
The semiconductor giant is planning to launch an...
TSMC revenue climbs 39% in latest sign of AI spending boom
Taiwan Semiconductor Manufacturing Co.’s revenue rose a better-than-anticipated 39% in the June quarter, buoying expectations for a sustained post-ChatGPT boom in AI spending.
Sales for...
Samsung projects a 56% plunge in operating profit, blaming U.S. chip controls on China
Samsung Electronics said Tuesday it expected its second quarter operating profits to fall by more than half, blaming U.S. export controls on advanced AI...