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Private equity group Advent buys U-Blox for $1.3 billion

Private equity group Advent International has agreed to take over Switzerland's U-Blox Holding in a cash offer worth some 1.05 billion Swiss francs ($1.30 billion).

Business • 18 Aug

H20 AI chips were developed by Nvidia for the Chinese market after the US imposed export restrictions onadvanced AI chips in late 2023

Nvidia, AMD to pay 15% of China chip sale revenues to US

Nvidia and AMD have agreed to give the US government 15% of revenue from sales to China of advanced computer chips like Nvidia's H20 that are used for artificial intelligence applications, a US official has told Reuters.

Business • 11 Aug

Tesla signs $16.5 billion chip supply deal with Samsung

Tesla CEO Elon Musk said the US automaker had signed a $16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant's loss-making contract manufacturing business.

Business • 28 Jul

ASML warns it may not achieve growth in 2026

ASML, the world's biggest supplier of computer chip-making equipment, today warned that it may not achieve growth in 2026, even after its second quarter bookings beat market expectations.

Business • 16 Jul

Nvidia's AI chips have been a key focus of US export controls designed to keep the most advanced chips out of Chinese hands over national security concerns

Chinese firms rush to buy Nvidia AI chips

Chinese firms are scrambling to buy Nvidia's H20 artificial intelligence chips, two sources told Reuters, as the company said it planned to resume sales to the mainland days after its CEO met US President Donald Trump.

Business • 15 Jul

TSMC's second-quarter sales rise 38.6%, beating forecasts

TSMC, the world's largest contract chipmaker, has reported second-quarter revenue of T$933.80 billion ($31.9 billion), as demand for the company's products leaps on surging interest in artificial intelligence applications.

Business • 10 Jul

Semiconductors are used in everything from smartphones and computers, to the latest quantum computing and AI technology

Semiconductor strategy targets 34,500 new jobs by 2040

The Government has launched a new national semiconductor strategy which aims to boost employment in the sector by 34,500 jobs by 2024.

Business • 19 May

TSMC's shares have fallen by 20% this year due to the uncertainty about US trade and tariff policies

TSMC's Q1 profit surges, but Trump policies hit outlook

Taiwan's TSMC, the world's largest contract chipmaker, has logged a forecast-beating 60% leap in quarterly profit, though its outlook has been complicated by US President Donald Trump's unpredictable trade policies.

Business • 17 Apr

ASML is the world's biggest supplier of computer chip-making equipment

ASML warns tariffs cloud outlook for 2025 and 2026

ASML, the world's biggest supplier of computer chip-making equipment, said today that tariffs were increasing uncertainty around its outlook for 2025 and 2026, but stood by its annual guidance as the race for AI rages on.

Business • 16 Apr

Nvidia's AI chips have been a key focus of US export controls

Nvidia faces $5.5 billion charge as US restricts sales

Nvidia has said it would take $5.5 billion in charges after the US government limited exports of its H20 artificial intelligence chip to China, a key market for one of its most popular chips.

Business • 16 Apr

Samsung Electronics is the world's largest memory chipmaker

Samsung sees Q1 profit beating estimates

Samsung Electronics has flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned about US tariffs.

Business • 08 Apr

Nvidia expects to spend around half-a-trillion dollars on electronics over the next four years, the FT has reported

Nvidia to invest billions in US chip production - FT

Nvidia plans to invest hundreds of billions of dollars in US-made chips and electronics over the next four years, the Financial Times has reported, quoting CEO Jensen Huang.

Business • 20 Mar

Donald Trump has long railed against what he calls the unfair treatment of US automotive exports in foreign markets.

Trump says to introduce 25% tariffs on cars, pharma

US President Donald Trump has said he intends to impose auto tariffs "in the neighbourhood of 25%" and similar duties on semiconductors and pharmaceutical imports, the latest in a series of measures threatening to upend international trade.

Business • 19 Feb

Jensen Huang, co-founder and CEO of Nvidia, at CES 2025 in Las Vegas

Nvidia's new robot training tech, gaming chips, car deal

Nvidia has taken the wraps off new products such as artificial intelligence to better train robots and cars, souped-up gaming chips and its first desktop computer, as it expounded upon its potential to expand its business.

Business • 07 Jan

Google's new Willow chip solved in five minutes a computing problem that would take a classical computer more time than the history of the universe

Google parent Alphabet jumps on quantum chip breakthrough

Shares of Google parent Alphabet rose about 5% last night after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing.

Business • 11 Dec 24

Nvidia shares are up more than 20% over the last two months and hit an intraday record high on Monday

Nvidia's chip demand still booming but sales growth slows

Nvidia has forecast its slowest revenue growth in seven quarters, with the artificial intelligence chipmaker failing to meet lofty expectations of some investors who have made it the world's most valuable firm.

Business • 21 Nov 24

Intel's shares jumped more than 7% in extended trading on Wall Street last night

Intel forecasts revenue above estimates

Intel last night expressed optimism about the future of its PC and server businesses, forecasting current-quarter revenue above estimates but warning that it had "a lot of work to do."

Business • 01 Nov 24

Taiwan Semiconductor Manufacturing Co (TSMC) is the world's biggest contract chipmaker

TSMC's Q3 profit handily beats forecasts on AI boom

Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, has today reported a forecast-beating 54% jump in third-quarter profit on the back of soaring demand.

Business • 17 Oct 24

ASML said that despite a boom in AI-related chips, other parts of the semiconductor market are weaker for longer than expected

ASML cuts sales forecasts in Q3 earnings published early

Computer chip equipment maker ASML has forecast lower than expected 2025 sales and bookings on sustained weakness in parts of the semiconductor market, pushing its shares to their biggest one-day drop since 1998.

Business • 16 Oct 24

Nvidia shares surged nearly 13% on expectations its top-of-the-line processors will remain in tight demand

Nvidia shares surge 13% as market value hits $330 billion

Nvidia added about $330 billion in stock market value last night, a record one-day gain for any company on Wall Street after Microsoft and Advanced Micro Devices reignited the AI rally.

Business • 01 Aug 24

The latest move could hurt China's Huawei which still relies on Intel chips to power its laptop

US revokes some export licenses to sell to Huawei

The US has revoked licenses that allowed companies including Intel and Qualcomm to ship chips used for laptops and handsets to sanctioned Chinese telecoms equipment maker Huawei Technologies, three people familiar with the matter said.

Business • 08 May 24

Intel has secured $19.5 billion in US federal grants and loans and plans to invest across four states

Intel prepares for $100 billion spending spree in US

Intel is planning a $100 billion spending spree across four US states to build and expand factories after securing $19.5 billion in federal grants and loans - and it hopes to secure another $25 billion in tax breaks.

Business • 20 Mar 24

Nvidia's graphics processing units (GPUs) dominate the market for AI

Nvidia outlook beats expectations, China worries linger

Chip designer Nvidia said it expects a steep drop in fourth-quarter sales in China - a key revenue generator - in the wake of new US rules, but forecast overall revenue above Wall Street targets as supply-chain issues ease.

Business • 22 Nov 23

Qualcomm shares rose 3.4% on Wall Street after its quarterly results were released last night

Qualcomm beats estimates on China strength, shares rise

Chip designer Qualcomm has forecast first-quarter sales and profits above Wall Street targets as a smartphone sales slump finally starts to ease, especially in China, and a renewed contract with Apple helps boost its outlook.

Business • 02 Nov 23

Intel CEO Pat Gelsinger on a recent trip to the company's plant in Leixlip, Co Kildare

Intel Q3 results beat expectations as margins rise

Intel has forecast fourth-quarter revenue and margins above Wall Street estimates, optimistic about a healthy rebound in personal computer sales, improvement in its data center business, and a growing lineup of customers seeking its manufacturing services.

Business • 27 Oct 23

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