Tag: chip demand
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South Korea’s export boom seen sustained in August on strong chip demand: Reutser Poll
SEOUL, Aug 28 : South Korean exports likely extended their robust growth in August to mark a 15th consecutive month of gains, driven by surging global demand for AI chips, a Reuters poll showed on Thursday. A median forecast of 10 economists projected that exports from Asia’s fourth-largest economy – a bellwe
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Analog Devices’ quarterly forecast tops estimates on AI-fueled chip demand
Aug 19 : Analog Devices forecast fourth-quarter revenue and profit above Wall Street estimates on Wednesday, betting on continued demand for its power-management chips used across data centers and industrial applications as AI investments ramp up.The company stands to benefit from surging investment in AI-dri
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GlobalFoundries tops second quarter estimates on AI chip demand
Aug 5 : GlobalFoundries reported second-quarter revenue above Wall Street estimates on Wednesday, as growing demand for its chips used in data centers boosted sales.• GlobalFoundries makes specialty chips for communications, data centers, automotive, industrial and consumer electronics companies.•
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AMD forecasts upbeat revenue on strong AI chip demand, but shares fall on lofty expectations
Aug 4 : AMD forecast quarterly revenue above Wall Street estimates on Tuesday, banking on strong demand for its chips from massive data-center capacity expansions to power AI technologies.Yet, its shares fell more than 7 per cent in extended trading, suggesting that investors were looking for an even stronger
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AMD forecasts revenue above estimates on AI chip demand, but shares fall
Aug 4 : AMD forecast quarterly revenue above Wall Street estimates on Tuesday, banking on strong demand for its chips from massive data-center capacity expansions to power AI technologies.Shares of the Santa Clara, California-based company, however, fell over 8 per cent in extended trading.The company
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Samsung Q2 profit jumps 19-fold as AI chip demand offsets mobile loss
SEOUL: Samsung Electronics said on Thursday (Jul 30) its operating profit jumped 19-fold to a record in the second quarter, as solid demand for AI chips offset weaker earnings at its mobile business.”In H2 2026, the Memory Business expects robust demand centred on servers stemming from continued
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SK Hynix posts sixfold rise in Q2 profit on AI chip demand, misses forecasts
SEOUL: South Korean chipmaker SK Hynix reported a more than sixfold increase in quarterly operating profit to a record high on Wednesday (Jul 29), driven by robust demand for advanced memory chips as big technology firms ramped up spending on AI data centres.The Nvidia supplier reported a 557 per cent
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STMicro’s Q3 revenue view slightly lags estimates even as chip demand recovers
July 23 : STMicroelectronics forecast a third-quarter revenue with a midpoint slightly below market expectations on Thursday, but said chip demand from automotive, AI-related, data-centre optical and consumer electronics markets was recovering.The Franco-Italian chipmaker forecast third-quarter revenue of $3.
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Texas Instruments forecasts upbeat revenue on analog chip demand
July 22 : Texas Instruments forecast quarterly revenue above Wall Street estimates on Wednesday, signaling that spending on AI infrastructure and a recovery in industrial and automotive markets are boosting demand for analog chips.Tech companies have been investing aggressively in AI, pouring money into data-
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Japan manufacturers stay upbeat on chip demand, services hit by costs
TOKYO, July 15 : Japanese manufacturers’ sentiment remained relatively upbeat in July, supported by solid semiconductor demand, while confidence among non-manufacturers fell as the Middle East conflict, a weak yen and rising interest rates pushed up costs, the latest Reuters Tankan survey showed.The monthly p
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