FTXL

Can Q1 Earnings Results Recharge Semiconductor ETFs?

Intel and Nvidia Reveal New Products for China, Adapt AI Chip Strategies in Response to US Sanctions

Intel Corp looking to launch two artificial intelligence chips with diminished capabilities to comply with U.S. Semiconductor sanctions on China. The company's two chips, HL-328 and HL-388, will likely launch in June and September. Nvidia Corp is also eyeing three China-specific AI chips.

U.S. government expected to award all CHIPS Act grants this year

U.S. Government expected to award all CHIPS Act grants this year. Act aimed at bolstering domestic manufacturing. Samsung awarded up to $6.4B in grants to boost production in the U.S.: Commerce Secretary Gina Raimondo. The CHIPS and Science Act provides $52.7B for semiconductor research, development, manufacturing.

Weekly Report: what happened at FTXL last week (0408-0412)?

Tailwinds In Tech

William Blair: We are in a new demand cycle for tech hardware. Smartphones and PCs are still the largest end-markets, but their outlook is improving. AI presents a second avenue of growth for many of these Taiwanese companies, says Hiraman. The past year’s gains in Taiwan tech were primarily driven by increases in stock valuations.

What's Going On With Intel Stock Wednesday?

Intel Corporation expanded its pact with Infosys Limited to assist global enterprises in accelerating their AI journeys. The company will help businesses become cost effective and performance driven with advanced artificial intelligence solutions. INTC shares are trading lower in the premarket session on Wednesday. InFY stock has gained over 7% in the past year.

Tech Giants Micron, Qualcomm Ink Pct To Power AI In Vehicles

Micron Technology, Inc. Said it has qualified a full suite of its automotive-grade memory and storage solutions for Qualcomm Incorporated’s Snapdragon Digital Chassis. Micron and Qualcomm Technologies collaborate to advance AI-powered intelligent vehicle development for the next generation. The company has integrated its solutions into the newest Snapdragon automotive solutions.

Intel Reinvents AI Landscape with Gaudi 3 Launch and Strategic Financial Moves

Intel launched the Intel Gaudi 3 accelerator, designed to enhance performance, openness and choice for enterprise GenAI applications. Only 10% of enterprises successfully moved GenAI projects into production last year. Intel Vision 2024 showcased Intel Corp’s ambitious strides in generative AI.