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Threat of Chinese Overcapacity Looms Over Memory Chips
Investors are worried that a huge production increase from China could derail the recovery of the memory-chip market. The boom in artificial intelligence has driven strong demand for high-performance memory chips, especially for SK Hynix and Micron. Samsung, the market leader for the overall memory market, has lagged behind its rivals.
Mon, 21 Oct 2024 10:30:00 +0000Read moreBuy the Dip? The Case for ASML Stock Now.
ASML’s earnings shocker took down much of the semiconductor sector this week, but the Dutch company’s own stock was hit hardest. While catching a falling knife is always a dangerous business, Wall Street analysts see reason to believe the drop went too far. ASML shares plummeted 16% on Tuesday after the company lowered its 2025 outlook, citing a slow recovery in some areas of the chip market.
Fri, 18 Oct 2024 08:37:00 +0000Read moreExclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say
Samsung Electronics has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Texas as it has yet to win any major customers for the project, three people familiar with the matter said. Samsung has been also holding off on placing orders to some other suppliers for the $17 billion factory in Taylor city, prompting them to look for other customers and send staff deployed on site back home, three other people familiar with the matter said. The delay in equipment deliveries is a fresh setback to the Taylor project, which is at the heart of Samsung chairman Jay Y. Lee's ambition to expand beyond its bread-and-butter memory chips into contract chip manufacturing, which Taiwan's TSMC dominates.
Fri, 18 Oct 2024 05:50:23 +0000Read moreASML Saved Moore’s Law. Then It Wrecked the Market.
ASML, which makes equipment for making chips, reported third quarter earnings this week. How did ASML, a company not known to many investors, become so central to the sector? The change in outlook reflects lower demand from one or more of ASML’s customers, potentially Intel, TSMC, or Samsung.
Thu, 17 Oct 2024 20:23:00 +0000Read moreSamsung says its AI tools have sparked a rise in people switching from iPhone
The phone maker has been introducing its Galaxy AI tools to new and older phones since January, while Apple is yet to roll out its own tools.
Thu, 17 Oct 2024 16:05:45 +0000Read more