News of New York

Nasdaq futures hit a new record
23 July 2021
3769
Record update Futures on the Nasdaq high-tech index hit an all-time high on Friday on the back of strong quarterly results from social media operators and in anticipation of US business activity...
The state of Intel shares after the earnings report
23 July 2021
3504
Earnings and forecasts The company reported earnings per share and second-quarter earnings above analysts' estimates, while raising its full-year sales forecast for 2021. However, Intel's current quarter earnings are down. Intel...
US stock indices down 0.8-0.9%
19 July 2021
4058
Friday trading US stock indices ended Friday's trading lower on inflation concerns. The second quarter reporting season also remains in the spotlight. This week, major US banks and a number of other companies ...
Apple and Intel to be the first to use the Taiwanese company's new chip-making technology
2 July 2021
4587
New chip manufacturing technology Apple and Intel Corp. plan to be the first to use the next-generation chip-making technology developed by Taiwan Semiconductor Manufacturing Company (TSMC). This was repo...
Intel ramps up production
19 June 2021
7278
Production increases Intel today announced that it is jointly building a new factory in Italy with communications companies. Intel also said this week that it plans to be a contract manufacturer for Qualcomm. Intel (INTC) plans to aggressively expa...
Intel unveiled powerful new chips and 5G modem
31 May 2021
4896
Powerful chips and 5G modems Intel unveiled its most powerful Tiger Lake-U chips and 5G modem for laptops at the Computex 2021 digital show on Monday, but said it would take several years to solve the chip sho...
Intel shares fell after report
23 April 2021
4781
Chip sales fall Intel reported first-quarter 2021 earnings and revenue above analysts' estimates, but its second-quarter profit forecast and falling data centre chip sales disappointed investors. Intel (INTC) shares fell 2.6 per...
Joe Biden offered $50bn to the semiconductor manufacturing
13 April 2021
5349
Semiconductor industry Semiconductor manufacturers in the US could receive tax breaks to boost production of chips for the automotive and other equipment industries. Intel is preparing to help supply chips to automakers. A three...
Nvidia shares up 5.6%
13 April 2021
5161
Nvidia shares NVIDIA held a conference call on Monday announcing its Grace server chip, BlueField-3 DPU, new NVIDIA RTX graphics chips and other new products, and raised its financial outlook for the current quarter. Intel shares were down 4.2%. NV...
Intel unveils its flagship 3rd generation Xeon Scalable data centre chip
8 April 2021
6420
New chip with artificial intelligence Intel on Tuesday unveiled its "new scalable chip with embedded artificial intelligence", the 3rd generation Xeon Scalable, which can be used in local servers, peripheral computing devices, da...
Arm unveiled new V9 architecture
1 April 2021
4312
New V9 architecture Arm on Tuesday unveiled its new Armv9 architecture, which will form the basis of the next 300 billion chips whose technology will enable artificial intelligence and high security data storage. ...
Amazon develops its own chips to reduce dependence on Broadcom
1 April 2021
4112
Chip development Amazon is making its cloud business increasingly autonomous, reducing risk and dependence on semiconductor manufacturers. After developing its own processor chips for data centres, Amazon has moved on to developing chips to power ne...
US stock market closed higher
27 March 2021
4205
US stock market By the closing bell on the New York Stock Exchange, the Dow Jones gained 1.39%, reaching an all-time high, the S&P 500 rose 1.66% and the NASDAQ Composite rose 1.24%. Intel Corporation (NASDAQ:INTC) was the top gainer among Dow ...
Intel's new CEO to build two new chip factories in Arizona
25 March 2021
4218
New chip plants in Arizona Intel shares rose 3.7 percent after the company's new CEO announced plans to build two new plants for about $20 billion. Intel could expect success, given the global chip s...
Intel to pay $2.18bn for infringement of VLSI Tech patents
3 March 2021
3309
Patent infringement fine Intel shares fell 2.6 per cent on Tuesday as the largest chipmaker was accused by a court of infringing two patents owned by VLSI Tech and is now ordered to pay $2.18bn. Intel said it would appeal. Intel (INTC) shares, up 2...
AMD reported 50% revenue growth
28 January 2021
3195
Company Q4 earnings AMD ended Q4 2020 beating Wall Street expectations largely due to sales growth of 176% in the segment that includes server chips and graphics processors for gaming consoles. AMD expects sales growth of 37% in&...
Intel shares rose 6.5%
22 January 2021
3299
Intel beat Wall Street expectations Intel's Q4 financial report was better than Wall Street estimates thanks to strong PC sales growth, but the forecast for Q1 2021 suggests a decline from last year's figure. Intel's (INTC) Q4 financial report was ...
Intel shares rise 7%
14 January 2021
3321
The company's growth and new CEO The Intel board hopes that new CEO Pat Gelsinger (VMWare CEO, formerly Intel's CTO) can successfully continue the company's transformation in the current crisis period. Intel (INTC) announced on Wednesday that it is...
Intel to release new chips and increase production of chips for data centers
13 January 2021
3026
New chips from Intel Intel held its CES 2021 conference on Monday, where it unveiled four new processor lines for PCs and mobile devices. Intel it would ramp up production of its advanced server processors in the first quarter and&nbs...
AMD unveiled new Ryzen 5000 series processors
13 January 2021
3321
New processor from AMD AMD has unveiled next-generation Ryzen mobile processors with enhanced performance for gamers and professional tasks, which will start shipping in the first quarter of 2021. AMD expects 50% growth in notebook and PC processor ...
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