Renesas Electronics Announces Layoffs of Less Than 5% of Workforce Amid Sluggish Chip Demand
Renesas Electronics, a leading Japanese chipmaker, has announced plans to lay off less than 5% of ...
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Tag: semiconductor industry
Intel CEO Pat Gelsinger Retires Amid Board’s Loss of Confidence in Turnaround Strategy
Intel's recent announcement regarding the retirement of CEO Pat Gelsinger marks a significant turning point for ...
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Nvidia Nearly Doubles Revenue in Q3 Amid Strong AI Demand and GPU Sales
Nearly doubling its sales from the same period last year, Nvidia Corporation posted an incredible Q3 ...
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HP’s Oregon Campus Gets $50 Million Boost – New Jobs and Innovations Ahead!
Currently, HP has a Corvallis campus in Oregon that is soon to undergo a drastic transformation ...
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Why Intel’s Stock Drop by 30% Overnight: A $39 Billion Shock
Intel’s stock fell by an astonishing 30% losing $39 billion in its market capitalization in a ...
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China Doubles Down on Chips: $47.5 Billion Fund Fuels Semiconductor Ambitions
In an attempt to become self-sufficient in the vital semiconductor industry, China has taken a risk. ...
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Investor Druckenmiller Cuts Nvidia, Believes AI is Overhyped
When famed investor Stanley Druckenmiller reduced his investment in Nvidia, a famous technology and artificial intelligence ...
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Intel in Talks for Record $10 Billion Chip Boost: Will it Fuel US Chip Dominance?
According to reports, the Biden administration is in negotiations with Intel Corporation to offer financial incentives ...
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Brain Boost for Cars: TI Unveils Chips for Intelligent and Safer Vehicles
Texas Instruments (TI) has made a debut of its new automotive chips at the Consumer Electronics ...
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US Implements Regulations to Safeguard $52 Billion in Chip Funding from Benefiting China
On Friday, the U.S. Commerce Department is set to release final regulations aimed at preventing semiconductor ...
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