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Americas Overtake China in Semiconductor Chip Sales |
9/5/2024 |
The Semiconductor Industry Association reported that global semiconductor sales reached $51.3 billion in July, marking an 18.7% increase from July 2023 and a 2.7% rise from June 2024. Chip sales in the Americas increased to $15.4 billion, outpacing China's $15.2 billion and marking the first time in five years the Americas came out on top.
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Foundry revenues rose in Q2 with TSMC, Samsung leading |
9/4/2024 |
Foundry revenues saw a boost in the second quarter, and the top five positions remained unchanged, with Taiwan Semiconductor Manufacturing Co. and Samsung Electronics at the top. TSMC achieved a 10.5% revenue increase to $20.82 billion, and Samsung's revenue rose 14.2% to $3.83 billion. SMIC, UMC and GlobalFoundries rounded out the top five spots.
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Intel CEO to pitch board on plans to shed assets, cut costs, source says |
9/4/2024 |
*Intel CEO Pat Gelsinger and other executives to present plans to trim down company
*CEO will present ideas at mid-September meeting,
*Plans could include selling Altera programmable chip unit, sources say
*Capital spending cuts may include German factory expected to cost $32 billion, source says
*Intel has retained Morgan Stanley and Goldman Sachs to advise on asset sales
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$30bn Q2 for Nvidia |
8/30/2024 |
Nvidia reported record second-quarter revenue of $30 billion, a 15% increase from the previous quarter and a 122% rise year-over-year. CEO Jensen Huang attributed the growth to strong demand for Hopper and anticipation for Blackwell.
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Toyo Solar to build US solar factory |
8/30/2024 |
The Japan-based company is quickening its manufacturing plans in the country as it anticipates a potential global trade tariff increase on solar module imports.
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