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Exclusive: Achronix, Ace Convergence CEOs Talk SPAC Deal: 'A Broad Range Of Applications'
Wednesday, February 17, 2021 - 4:31pm | 497Read More...California-based fabless chip company Achronix Semiconductor announced in early January a reverse merger agreement with the special purpose acquisition company Ace Convergence Acquisition Corp. (NASDAQ: ACEV). On Wednesday's edition of Benzinga's show "SPACs Attack," Benzinga...
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Green With Envy For Nvidia Stock: How Much $1,000 Invested 5 Years Ago Would Be Worth Today
Sunday, February 14, 2021 - 11:02am | 517Read More...Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 131.9%. But there is no question some big-name stocks performed better than others along the way. Nvidia’s Big Run: One...
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Toyota Reveals 3 New EVs, Has Enough Chips To Raise Production Levels
Wednesday, February 10, 2021 - 5:11pm | 315Read More...Toyota Motor Corp. (NYSE: TM) announced on Wednesday three new electric vehicles set to be released this year as the race for auto manufacturers to produce EVs is full charge ahead amid the Biden administration’s push to cut emissions after rejoining the Paris Agreement last month....
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Samsung Plans To Spend Up To $17B On Chip-Making Factory In US: WSJ
Saturday, January 23, 2021 - 1:41pm | 187Read More...Samsung is considering investing around $17 billion to build a chip-making factory in the US, the Wall Street Journal has reported. What Happened: The South Korean giant is looking at locations in New York, Texas and Arizona, people familiar with the matter told WSJ. Samsung’s...
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Intel Gets US License To Continue Supplying To Huawei
Tuesday, September 22, 2020 - 2:24am | 301Read More...Intel Corporation (NASDAQ: INTC) has received the federal government nod to keep supplying Huawei Technologies with certain products, Reuters reported Tuesday. What Happened: The Santa Clara, California-based chipmaker has received the relevant licenses from the United States authorities...
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Nvidia To Launch New Line Of Graphics Cards With Samsung 8nm Process This Month
Tuesday, September 1, 2020 - 11:46pm | 380Read More...Nvidia Corporation (NASDAQ: NVDA) is out with a new line of graphics cards that it claims are two times faster than the predecessors. What Happened: The company said in a statement, these second-generation Ampere RTX cards are designed using ray-tracing technology. The chips for the...
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Intel Shakeup Sees Chief Engineer Depart After Next-Gen Chips Delayed
Tuesday, July 28, 2020 - 1:56am | 507Read More...Intel Corporation (NASDAQ: INTC) Chief Engineering Officer Murthy Renduchintala is leaving the company, in what is a major shakeup of the chipmaker's technology team. What Happened The California-based company's Chief Executive Officer Bob Swan announced Monday that the...
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Xilinx Stock Soars As Chip Maker Forecasts Rise In Revenue
Tuesday, June 30, 2020 - 5:22am | 410Read More...Xilinx Inc (NASDAQ: XLNX) stocks soared in the after-hours session as the California-based chip manufacturer updated its financial guidance for the first quarter of FY 2021. What Happened Xilinx's revenue for the first quarter of FY 2021 was revised upwards between $720 million and $734...
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AMD's Busy Night: New Chip Launch, Google And Twitter Sign As New Customers
Thursday, August 8, 2019 - 7:43am | 412Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) traded higher Thursday morning after a slew of encouraging announcements at a product launch event. New Chip Launch AMD introduced Wednesday evening its second Generation AMD EPYC family of processors that can be used across enterprise along with cloud and...
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Report: Apple Might Buy Intel's Smartphone-Modem Division
Tuesday, July 23, 2019 - 7:50am | 319Read More...Shares of Intel Corporation (NASDAQ: INTC) were trading higher Tuesday morning after The Wall Street Journal reported the company's smartphone-modem chip business could be sold to Apple Inc. (NASDAQ: AAPL) What To Know Sources close to the matter told WSJ Intel could sell its smartphone-model...
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Symantec Analyst Says Cybersecurity Company's Investors Would Benefit From Broadcom Buyout
Tuesday, July 9, 2019 - 10:01am | 478Read More...A potential Broadcom Inc (NASDAQ: AVGO) acquisition of Symantec Corporation (NASDAQ: SYMC) would be "very favorable" for Symantec investors, but bad for Broadcom's product innovation, according to Baird. The Analyst Jonathan Ruykhaver maintained a Neutral rating on Symantec with an...
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Symantec Shares Are Flying On Report Broadcom Is Eyeing A Takeover
Wednesday, July 3, 2019 - 7:42am | 366Read More...Broadcom Inc (NASDAQ: AVGO) is reportedly eyeing an acquisition of cybersecurity company Symantec Corporation (NASDAQ: SYMC), sources told Bloomberg. Broadcom is potentially looking to buy Symantec to gain exposure to the more profitable software business, according to Bloomberg. Morgan Stanley...
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3 Things To Drive Qualcomm's Outlook Over Next 2 Years
Tuesday, June 18, 2019 - 12:45pm | 374Read More...Owning a position in Qualcomm, Inc. (NASDAQ: QCOM) is "still worth the noise" as there are three paths for the stock to move as high as $120 per share under a bull-case scenario, according to Morgan Stanley. The Analyst Morgan Stanley's James Faucette maintains an Overweight rating on...
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Morgan Stanley Upgrades AMD, Says 'Table Is Set Well' For 2020
Thursday, June 6, 2019 - 8:45am | 366Read More...A cautious stance on Advanced Micro Devices, Inc. (NASDAQ: AMD) over the past year was "obviously" the wrong call but the "table is set well" for 2020, according to Morgan Stanley. The Analyst Morgan Stanley's Joseph Moore upgraded Advanced Micro Devices from Underweight to...
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Intel's Stock Falls On Weaker Guidance
Thursday, April 25, 2019 - 3:26pm | 389Read More...Intel Corporation (NASDAQ: INTC) reported first quarter earnings of 89 cents a share on revenue of $16.1 billion, slightly beating Street estimates that were muted on low expectations for the semiconductor industry as a whole. But even with the earnings beat, lowered expectations for next quarter...
