Intel posts largest ever quarterly loss in company history, coupled with a 36 percent decline in sales. But share price rises
News Server
Semiconductor Revenue To Decline In 2023, Gartner Warns
Gartner forecasts global semiconductor revenue to decline 11.2 percent in 2023, amid economic uncertainties and weakening demand
ASML Boss Warns Of Chip Supply Uncertainty
Beijing will develop its own semiconductor equipment says CEO of ASML, and says market access to China is “absolutely essential”
Microsoft Shares Rise As Q3 Earnings Beat Forecasts
Azure cloud delivers for Microsoft despite tough economic conditions – with artificial intelligence slated for future growth
US Urges South Korea Not To Fill Micron Shortfall In China
US urges South Korea to tell companies not to make up for Micron exports to China if company is banned as result of security review
GlobalFoundries Sues IBM, Again
IBM sued by GlobalFoundries, which alleges that Big Blue made unlawful disclosures to Intel, the Japanese consortium Rapidus and others
European Union Finalises €43bn Chips Act
Terms for European Chips Act agreed, as bloc seeks to double market share in semiconductor development, manufacturing etc
Intel To Optimise Factories For ARM Chip Manufacturing
Agreement will allow Intel Foundry Services to work with ARM to ensure mobile phone chips etc can be made in its chip fabs
TSMC Investment Plans For Taiwan Unchanged – Report
Amid growing concerns about China's intentions for Taiwan, government minister says TSMC local investments remain unchanged
Samsung To Cut Chip Production Amid Profit Decline
Electronics giant Samsung will make “meaningful” cut to chip production, amid global downturn in semiconductor demand
Amazon, Microsoft Cloud Services Face UK Antitrust Probe
Ofcom proposing to refer UK cloud market and two of its leading service providers to British antitrust watchdog
China Asks WTO To Scrutinise Chip Export Restrictions
Beijing seeks WTO help, and says it will “take decisive measures to safeguard its rights and interests” after Japan joined chip restrictions
Japan Joins US, Netherlands, In Chip Export Restrictions To China
Confirmation that Japan is now joining the US and the Netherlands in restricting semiconductor manufacturing equipment
TikTok Data Centre Blamed For Hampering Ukraine Ammo Production
Defence contractor Nammo blames TikTok data centre for hampering effort to ramp up ammunition production for Ukraine
Key Takeaways From TikTok’s CEO Grilling In US Congress
Torrid time for TikTok CEO, as Shou Zi Chew endured brutal questioning by US lawmakers over national security concerns
UK Watchdog Rules Against Broadcom’s $61bn VMware Buy
CMA's Phase 1 investigation of Broadcom’s proposed acquisition of VMware, concludes deal could lead to less innovation and drive up costs
Samsung To Spend $228 Billion On South Korean Chip Plant
South Korean government announces 'world's largest' chip complex near Seoul. Samsung says it will spend $228 billion
TSMC Founder Backs US Efforts To Slow China’s Chip Sector
Founder of Asia's most valuable company, TSMC, lends his backing to US efforts to slow China's chip industry
Netherlands Joins US In China Chip Export Restrictions
China logs official complaint, after the Netherlands plans new restrictions on exports of semiconductor tech
Intel Seeks $5 Billion More In Subsidies For German Chip Plant – Report
Chip giant Intel is reportedly seeking an additional 5 billion euros in subsidies from the German government
ARM Disappoints UK With Decision To List Only In New York
UK Financial Conduct Authority blamed for 'inflexibility', as ARM owner Softbank opts for US-only public listing
Intel Offers Quantum SDK For Developers
Intel releases Quantum Software Development Kit (SDK) to assist development of quantum algorithms for next generation computers
Chinese President Xi Urges Tech Independence
Facing increasing US export controls on advanced technology, Chinese President Xi Jinping calls for tech self-reliance
ASML Data Theft By Ex China Staffer Violated Export Controls
ASML discovers its tech has been stolen by China employee, which resulted in violation of “certain export control regulations”
Intel Now Seeks $10 Billion State Aid For German Factory – Report
Chip giant Intel reportedly increases the funding requirement from German government for planned Magdeburg chip factory
ARM Boss Committed To Public Listing In 2023
Chief executive Rene Haas says ARM is committed to an initial public offering this year, and plans are “underway now”
US Official Confirms Japan, Netherlands Joined US China Chip Sanctions
American official acknowledges deal with Japan and the Netherlands for new restrictions on chip-making tool exports to China
Dutch Minister Queries Compliance Over US Chinese Export Controls
The Netherlands will not summarily accept new US restrictions on exporting chip-making technology to China, minister warns
Largest European Rare Earth Deposit Found In Sweden
Vital material for mobile phones and electric vehicles found in Sweden to help end dependent on Chinese suppliers
TSMC Begins Mass Production Of 3nm Chips In Taiwan
Mass production of the most advanced chips begins in Taiwan, underlining the island's importance to global supply of chips