Semiconductor

Kevin O'Buckley Intel Foundry Services

Intel appoints Kevin O’Buckley as head of Foundry Services

Intel announced the appointment of Kevin O’Buckley as senior vice president and general manager of Foundry Services, the division of Intel Foundry. Kevin O’Buckley is...
SMIC sales Q1 2024

SMIC revenue surges 20% in first-quarter lifted by demand in China

SMIC, China’s largest contract chipmaker, said its revenue rose 19.7 percent to $1.75 billion during January-March 2024. SMIC has generated 81.6 percent of its sales...
ARM market share

Chipmaker ARM bets on AI for future revenue growth

Chipmaker ARM has reported revenue of $928 million, up 47 percent, with royalty revenue of $514 million (up 37 percent) and license revenue of...
BE Semiconductors

SIA report shows significant investment in semiconductor manufacturing

United States will triple its domestic semiconductor manufacturing capacity from 2022 to 2032 fueled by the CHIPS and Science Act (CHIPS). The U.S. will grow...
Infineon Connected Secure Systems

Infineon lowers guidance on revenue and Capex

Infineon Technologies has lowered its revenue guidance to €15.1 billion ($16.3 billion), plus or minus €400 million, for the year, down from its previous guidance...
GlobalFoundries revenue Q1 2024

GlobalFoundries revenue drops 16% to $1.54 bn in first-quarter

GlobalFoundries said its revenue fell 16 percent to $1.549 billion with net income of $134 million during the first quarter of 2024. GlobalFoundries has generated...
First-Quarter Global Semiconductor Sales

Semiconductor sales surge 15.1% to $137.7 bn in first-quarter: SIA

Worldwide sales of semiconductors totaled $137.7 billion during the first quarter of 2024, an increase of 15.2 percent compared to the first quarter of...
SK Hynix CEO on AI

SK Hynix says it sold out HBM chips due to high demand for AI...

SK Hynix, a leading memory chip manufacturer, announced that its high-bandwidth memory (HBM) chips, crucial components in AI chipsets, are already sold out for...
Skyworks at MWC

Skyworks Solutions expects revenue of $900 mn for June-quarter

Skyworks Solutions, a leading semiconductor company, has revealed financial result for its second fiscal quarter ended March 29, 2024. Revenue for the second fiscal quarter...
AMD Q1 2024 revenue

AMD targets $5.7 bn revenue in second-quarter despite demand for AI chip

AMD has posted revenue of $5.5 billion (up 2 percent and down 11 percent q-o-q), gross margin of 47 percent (up 3 ppts), operating...
NXP Semiconductors at a trade event

NXP targets second-quarter revenue of $3,025 mn

NXP Semiconductors has reported revenue of $3.13 billion (up 0.2 percent) for the first quarter of 2024. NXP Semiconductors has generated sales revenue of $1,804...
Western Digital revenue March quarter 2024

Western Digital targets $3.8 bn in revenue during current quarter

Western Digital has posted revenue of $3.46 billion (up 14 percent QoQ and up 23 percent YoY) in its fiscal third quarter thanks to an...
Intel revenue Q1 2024

Intel reveals plans to achieve revenue of $13.5 bn in second-quarter

Intel has disclosed its financial results for the first quarter of 2024, showcasing robust growth across various product segments. With revenue reaching $12.7 billion,...
SK Hynix Q1 2024 revenue based on products

SK Hynix Reports Strong First Quarter Results, Forecasts Growth Amid Strategic Investments

SK Hynix, a leading semiconductor manufacturer, has announced robust financial results for the first quarter of 2024, indicating promising growth prospects and strategic initiatives...
STMicroelectronics job

STMicroelectronics lowers revenue guidance as automotive clients halt purchases

STMicroelectronics has reported first-quarter revenues of $3.47 billion (down 18.4 percent), gross margin of 41.7 percent, operating margin of 15.9 percent, and net income...
Micron

Micron reveals details of $6.1 bn funding under CHIPS and Science Act

Micron Technology, one of the world’s largest semiconductor companies, will receive $6.1 billion in funding from the United States under the CHIPS and Science...

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