advanced micro devices inc.
Feb 22, 2024, 4:00 PM EDT
Arm Holdings, the Cambridge, England-based designer of chips used in devices ranging from computers and smartphones to data servers is set to hold the biggest U.S. IPO in two years.
All eyes will be on the most anticipated economic report of the month as the September jobs report is released.
President Joe Biden's administration is further restricting China's access to U.S. computer chips. His commerce department will require more restrictive licensing for shipments.
Sen. Marco Rubio, R-Fla., weighs in on the pending chips bill that would boost the semiconductor industry in the U.S., urging the Senate to reconsider its loopholes.
Advanced Micro Devices Inc. plans to buy chip and software startup Pensando Systems Inc. for $1.9 billion, returning to the acquisition playbook shortly after closing its biggest-ever transaction.
AMD is on pace to close at an all-time high with the biggest percentage increase since July of 2020 thanks to a deal with Facebook.
Intel Corp. ’s new chief executive said a global chip-supply shortage could stretch two more years as the U.S. semiconductor giant posted weaker quarterly earnings.