Summary: Samsung will reportedly post a 21% drop in its operating profit for the first quarter of this year, largely due to the company’s struggling chip business. Challenges in the foundry division ...
Shares of Chinese chip companies, including Semiconductor Manufacturing International Corp. (SMIC), Hua Hong Semiconductor, Cambricon Technologies Corp Ltd., and ASMPT fell on Monday following reports ...
Asian semiconductor stocks tumbled on renewed fears of an artificial-intelligence bubble, tracking U.S. declines from Thursday. European chip shares fell too. Shares in Samsung Electronics and SK ...
Intel forecasts disappointing quarterly results amid inability to meet surging AI data center demand, leading to a significant drop in shares.