Monday, July 26, 2021

Market Watch

GlobalFoundries owner preparing $20 billion initial public offering

Mubadala Investment Company, the owner of GlobalFoundries, intends to take the contract chipmaker public with an initial offering worth around $20 billion. CEO Thomas Caulfield...

Global semiconductor revenue up 14.7 percent in February from 2020

The Semiconductor Industry Association (SIA) recently reported global chip sales increased by 14.7 percent year-over-year in February. The group ascertained its members generated $39.59 billion...

Micron FQ2 2021 revenue beats analyst predictions by 30 percent

Micron Technology exceeded Wall Street’s year-over-year revenue estimates by 30 percent in the fiscal second quarter. During the period, the firm did well because...

PC-based GPU shipments increased by 29 percent annual in Q4 2020

Personal computer-based GPU shipments rose by 29.1 percent year-over-year in the fourth quarter of 2020, reports Jon Peddie Research. The organization found Advanced Micro...

Broadcom improves revenue by 14 percent in FQ1 due to strong chip demand

Broadcom grew its fiscal first-quarter revenue by 14 percent thanks to strong demand for its electronic components. The firm, which makes parts for Apple’s...

North American semiconductor equipment sales reached a record-setting $3 billion in January  

SEMI reported North American semiconductor manufacturing equipment companies made a record-setting $3 billion in January, up 29.9 percent year-over-year. The industry advocacy group asserts the...

Nvidia FQ4 revenue sets new record despite global semiconductor shortage

Nvidia generated record revenue in the fiscal fourth quarter, even with the global semiconductor shortage affecting its ability to meet demand. The corporation experienced explosive...

Applied Materials beats Wall Street expectations by delivering record FQ1 earnings

Applied Materials outpaced Wall Street’s projections and brought in record earnings in its fiscal first quarter. The semiconductor manufacturing equipment company experienced a major...

Latest news

Ford and Stellantis warn auto chip shortage could last until 2022

Ford and Stellantis recently warned that the global chip shortage could persist into 2022. The automakers also revealed how the...

SK Hynix improves Q1 operating profit by 66 percent due to consumer products demand

SK Hynix grew its first-quarter operating profit by 66 percent year-over-year thanks to strong demand for new PCs and...

Apple expects semiconductor shortage to cut Q2 revenue by up to $4 billion

Apple reported that its revenue expanded by 54 percent year-over-year during the fiscal second quarter recently. That income spike,...

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