Tencent Holdings is set to lose its place among the world’s 10 largest companies by market value, leaving no Chinese names in the list.
Nvidia is likely to seek EU antitrust approval for its $54-billion takeover of British chip designer ARM early next month, with regulators expected to launch a full-scale investigation after a preliminary review.
Nvidia’s planned $40-billion acquisition of British chip designer ARM looks set to face a lengthy inquiry after a UK regulator found the deal would hit competition and could weaken rivals.
The UK is considering blocking a takeover of ARM by Nvidia due to potential risks to national security, according to people familiar with the discussions.
Intel said its factories will start making Qualcomm chips as it laid out a road map on Monday to expand its new foundry business to catch rivals such as Taiwan’s TSMC and Samsung Electronics by 2025.
The world’s most important chip maker expects revenue to climb 20% this year. But the incredible cost of meeting outsize demand is starting to eat away at the bottom line.
Car makers slashed production. PlayStations got harder to find in stores. Broadband providers faced months-long delays for Internet routers. The reason? An abrupt and cascading shortage of semiconductors.
Nvidia forecast second quarter revenue above analysts’ estimates on Wednesday. However, it could not say how much of its recent revenue rise was driven by the cryptocurrency market.
Just three months after Taiwan’s TSMC shocked investors with a record spending plan, the world’s most important chip maker doubled down with an even bigger budget.
It has become nearly impossible for an average person to buy an Nvidia graphics card unless they’re willing to pay triple the list price.