IoT
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Samsung operating profit boom after chip prices rebound
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Samsung Electronics is expecting to record a whopping 931% increase in first-quarter operating profit thanks to a firm rebound in chip prices. On Friday ...

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Intel reports  billion operating loss for chip-making unit
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Intel has disclosed operating losses for its foundry business as it tries to regain a lead in the chipmaker industry. According to Reuters, the ...

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Intel set to receive .5bn from US Gov in semiconductor drive
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Technology giant Intel is set to receive up to $8.5 billion in direct funding and $11 billion in loans from the U.S. Government to re-establish American ...

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Samsung set to secure huge bn US investment
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The United States is set to award Samsung over $6 billion to expand the company’s presence in the country. The Korean technology firm already has a ...

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MIT researchers achieve fusion energy breakthrough
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In a breakthrough that paved the way for unlimited carbon-free energy, Massachusetts Institute of Technology (MIT) engineers successfully tested a novel ...

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Nvidia CEO Jensen Huang says AI has ‘hit tipping point’
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Chief executive of the world’s leading chip maker Nvidia says that artificial intelligence (AI) has reached a global tipping point, as revenues soar. ...

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Why has Nvidia’s stock started to fall this week?
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Nvidia, the giant U.S. chip maker, has seen a 4.7% fall in its stock price since Friday’s closing bell ahead of the company’s earnings report later today ...

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Saudi Arabia to invest 0bn to create advanced robotics industry
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Saudi Arabia is set to see a $100 billion investment over the next six years, with an aim to become a leader in the field of electronics and advanced ...

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US awards .5bn to GlobalFoundries for domestic semiconductor production
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Vice President Kamala Harris has announced that the US government will award $1.5 billion to expand semiconductor production. You can read the ...

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China’s SMIC and Huawei building advance 5nm chips despite US
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China is making significant progress in developing advanced semiconductors even as the United States tightens export controls to contain its ...

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Tesla settles hazardous waste lawsuit in California
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Tesla has agreed to a $1.5 million settlement to resolve a California lawsuit alleging improper hazardous waste management at its facilities. The suit ...

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Joe Biden to award billions to chipmakers in battleground states
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President Biden’s Administration looks to award billions in U.S. investment dollars to major semiconductor companies located in the nation’s key ...

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