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Keyword: chipmaker

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  • World’s largest chipmaker TSMC posts record profit allaying fears over semiconductor headwinds

    07/14/2022 10:24:25 AM PDT · by BenLurkin · 7 replies
    cnbc ^ | JUL 14 2022 | Arjun Kharpal
    The company which is Apple’s most important chip supplier, said it expects revenue to be between $19.8 billion and $20.6 billion in the third quarter, surging from $14.8 billion in the same period last year. However, TSMC CEO CC Wei said that some of the company’s capital expenditure would be “pushed out into 2023.” He cited “greater challenges in the supply chains” which is extending delivery times for some chipmaking equipment. The strong results and outlook but caution on spending highlights the careful path chipmakers are walking at a time of concern about rising prices and the impact on consumer...
  • US Adds China’s Top Chipmaker, Oil Giant to List of Blacklisted Chinese Military Companies

    12/04/2020 10:21:55 AM PST · by SeekAndFind · 3 replies
    The Trump administration on Dec. 3 added China’s top chipmaker, SMIC, and oil giant CNOOC to a blacklist of companies tied to the Chinese military. The Department of Defense designated a total of four additional companies as owned or controlled by the Chinese military, including China Construction Technology Co Ltd and China International Engineering Consulting Corp. The move, first reported by Reuters on Sunday, takes to 35 the total number of blacklisted companies. While the list did not initially trigger any penalties, a recent executive order by President Donald Trump will prevent U.S. investors from buying the firms’ securities from...
  • "In Complete Shock": China's Lead Chip Maker Denies PLA Military Ties As Trump Mulls Blacklisting

    09/05/2020 8:50:40 PM PDT · by SeekAndFind · 31 replies
    USSA News ^ | 09/05/2020 | Tyler Durden
    Executives of Chinese companies which produce chips — vital in every device that stores data from computers to mobile phones to barcode scanners — are increasingly worried their industry is next on the Trump sanctions hit list, also after widespread reports that Beijing plans to in desperation ramp up its lagging domestic semiconductor development over the next decade as continued outside access to the most advanced chips looks increasingly in doubt. Some are speaking out, attempting to make crystal clear to Washington that they are not puppets of either the Chinese state or PLA military. The country's largest and...
  • China targeting U.S. chipmaker for massive takeover

    07/14/2015 6:26:06 AM PDT · by Citizen Zed · 9 replies
    cnn money ^ | 7-14-2015
    As Chinese takeovers go, this one would be huge. Chinese state-owned firm Tsinghua Unigroup is preparing a $23 billion bid for U.S. chipmaker Micron, the Wall Street Journal reported on Tuesday. If completed, the deal would be the biggest-ever Chinese takeover of a U.S. firm. The Journal said that Tsinghua Unigroup was prepared to pay $21 a share, or 20% more than their current price. A Micron spokesman told CNN that the company had not yet received an offer. Micron, based in Idaho, makes memory chips for computers and other electronics. Tsinghua Unigroup already has partnerships with U.S. firms Intel...
  • Intel Buys Programmable Chip Maker Altera In Nearly $17B Deal

    06/01/2015 12:06:08 PM PDT · by SeekAndFind · 10 replies
    Newsy ^ | 06/01/2015 | Matt Moreno
    The world's largest chip maker just made its largest acquisition ever. Intel is buying programmable chip maker Altera Corporation in a $16.7 billion cash deal with stockholders taking home $54 per share. The merger comes amidst a lag in the personal-computer market, one that Intel's been able to stay above. Intel's first-quarter earnings report in April showed a 3 percent rise in income compared to the same quarter last year. And Intel likely wants to continue keeping its head above water. That's where Altera should help out. A joint press release said Intel's products and manufacturing process will join with...
  • Chipmaker Sirenza Relocates from California to Colorado

    05/07/2003 6:41:25 PM PDT · by nwrep · 25 replies · 176+ views
    Sirenza relocates from California to ColoradoBy Semiconductor Business News May 6, 2003 (11:22 AM) URL: http://www.siliconstrategies.com/story/OEG20030506S0037 BROOMFIELD, Colo. -- Radio-frequency (RF) chip maker Sirenza Microdevices Inc. of Sunnyvale, Calif. today (May 6) announced plans to relocate its corporate headquarters and all manufacturing operations to Broomfield, Colo. The move, to be completed by July, follows Sirenza's recently completed purchase of substantially all of the assets of Denver-based RF chip maker Vari-L Co. Inc. (see Dec. 2, 2002 story ). Sirenza will lease approximately 74,000-square-feet in two buildings in a technology park located midway between Boulder and Denver. One building will serve...