Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Belgium's Melexis forecasts Q3 sales in line with expectations
By Nathan Vifflin (Reuters) - Melexis, Belgium's largest semiconductor supplier, forecast third-quarter sales in line with expectations on Wednesday after second-quarter sales marginally beat estimate...
Thomson Reuters Jul 31, 2024
Exclusive-New US rule on foreign chip equipment exports to China to exempt some allies, sources say
By Karen Freifeld NEW YORK (Reuters) - The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some fo...
Thomson Reuters Jul 31, 2024
Samsung Q2 profit up more than 15-fold as chip prices rise
SEOUL (Reuters) -Samsung Electronics reported on Wednesday a more than 15-fold rise in its second-quarter operating profit, as rebounding semiconductor prices driven by the artificial intelligence boo...
Thomson Reuters Jul 30, 2024
Microsoft sinks, chipmakers climb as AI rally faces divide
By Noel Randewich and Anna Tong (Reuters) - Disappointing quarterly results from Microsoft melted $340 billion of stock market value on Tuesday from it and rival heavyweights racing to dominate artifi...
Thomson Reuters Jul 30, 2024
AMD forecasts third-quarter revenue above estimates on AI chip demand
(Reuters) -Advanced Micro Devices forecast third-quarter revenue above market estimates on Tuesday, banking on demand for its artificial intelligence chips staying strong. Shares of the Santa Clara, C...
Thomson Reuters Jul 30, 2024
Qorvo beats first quarter revenue estimates on upbeat chip demand
(Reuters) - Chipmaker Qorvo beat Wall Street expectations for first-quarter revenue on Tuesday, as it benefited from a rise in orders due to a recovery in the smartphone market. Qorvo's results indica...
Thomson Reuters Jul 30, 2024
Intel plans to cut thousands of jobs to finance recovery, Bloomberg News reports
(Reuters) -Intel plans to cut thousands of jobs to finance a recovery and cope with eroding market share, Bloomberg News reported on Tuesday, citing people familiar with the matter. Shares of the chip...
Thomson Reuters Jul 30, 2024
Arista Networks forecasts quarterly revenue above estimates on AI boom
(Reuters) - Arista Networks forecast third-quarter revenue above Wall Street estimates on Tuesday, anticipating strong demand for its networking gear from cloud computing companies and artificial inte...
Thomson Reuters Jul 30, 2024
Tinder-parent Match forecasts quarterly revenue below estimates
(Reuters) -Tinder-parent Match Group forecast third-quarter revenue below Wall Street estimates on Tuesday, anticipating weak discretionary spending on dating apps as its paying users decline. The com...
Thomson Reuters Jul 30, 2024
Microsoft beats quarterly revenue estimates, Azure growth misses mark
(Reuters) -Microsoft beat Wall Street estimates for fourth-quarter revenue on Tuesday, driven by growth in its cloud services and business software products. However, growth in its key Azure cloud com...
Thomson Reuters Jul 30, 2024

