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Nvidia CEO Predicts China Market Reopening, Following Trump Trip
Nvidia CEO Jensen Huang expects China to eventually reopen its market to U.S. chip suppliers. Huang shared these comments at a Dell event following a trip to...
Google Launches I/O 2026, Rebuilding Android 17 and Gemini Around AI
Google opened its annual I/O developer conference on May 19, 2026. The keynote prioritized advancements in AI capabilities and mobile software. A new Gemini...
Applied Materials beats Q2 estimates, forecasting 30% growth on AI demand
Applied Materials (AMAT) reported record revenue of $7.9 billion for Q2 fiscal 2026. Non-GAAP earnings reached $2.86 per share, exceeding Wall Street consensus...
Baidu AI becomes primary revenue source, fueled by 79% cloud growth
Baidu reported Q1 2026 earnings on May 18, marking a strategic shift as AI became its primary revenue source. Core AI revenue reached 13.6 billion yuan,...
Samsung and TSMC Rattle Markets, Facing Strike and Stake Sale
Samsung faces a potential 18-day strike by over 45,000 workers starting May 18, 2026. This labor action threatens the global supply of memory chips for AI data...
🔴 VGT is trading 1.6% down today as rising yields and semiconductor headwinds weigh on tech
VGT is trading 1.6% down today as higher Treasury yields and elevated oil prices weigh on growth and technology stocks, dragging the broader Nasdaq lower. •...
Samsung and TSMC shake chip markets, supply chain risks mount
Samsung Electronics faces a potential 18-day strike by over 45,000 workers starting May 18, 2026. Pay negotiations must conclude this week to prevent the...
Samsung Strike Looms, Shaking Global Chip Supply Chain as TSMC Sells Stake
Asia's semiconductor sector was rattled by a dual shock on May 18, 2026, creating significant uncertainty for the global chip supply chain. Samsung Electronics...
Kioxia shares halt on record $8.2 billion profit forecast, driven by AI
Kioxia Holdings shares were halted by a surge in buy orders following record profit reports. The company's outlook significantly exceeded market expectations...
Kioxia shares halted, record $8.2 billion profit forecast on AI demand
Kioxia Holdings shares were halted Monday following a surge in buy orders. The Tokyo-based memory chip supplier reported soaring profits and a record-breaking...
Doosan acquires SK Siltron for $3.7B, targeting AI chip supply chain
Doosan Group has agreed to acquire 100% of SK Siltron. The transaction is valued at approximately 5.5 trillion won ($3.7 billion). It includes all stakes from...
Tata Electronics secures ASML technology for $11B fab, reducing foreign chip reliance
Tata Electronics and Dutch firm ASML signed a major agreement to build India's first front-end semiconductor plant. The Indian and Dutch Prime Ministers...
ASML joins Tata Electronics to equip India’s first semiconductor fab, cutting imports
Tata Electronics and ASML signed an MoU to equip India’s first major semiconductor plant in Dholera, Gujarat. The Prime Ministers of India and the Netherlands...
Arm Holdings Faces FTC Antitrust Probe Over Chip Licensing Monopoly Fears
The US Federal Trade Commission (FTC) is investigating Arm Holdings for potential antitrust violations regarding its semiconductor technology licensing....
Nasdaq sinks, as US-China summit fails to lift chip export curbs
U.S. President Trump and Chinese President Xi Jinping concluded their summit on Friday without reaching an agreement for technology investors. U.S. Trade...
Tech Stocks Sink, US-China Summit Fails to Ease Chip Export Controls
U.S. President Trump and Chinese President Xi Jinping concluded their summit on Friday without a breakthrough. U.S. Trade Representative Jamieson Greer...
Applied Materials Forecasts 30% Growth, Fueled by Global AI Build-out
Applied Materials reported record second-quarter revenue of $7.91 billion. The company achieved non-GAAP earnings per share of $2.86. These results...
NVIDIA and chipmakers tumble, as Trump-Xi summit yields no tech deal
Global semiconductor stocks declined sharply on May 15, 2026. This followed a high-stakes summit in Beijing between U.S. President Donald Trump and Chinese...
🔴 VGT is trading 1.6% down today as Trump–Xi summit fails to ease chip export curbs
VGT is trading down 1.6% as technology stocks retreat following a Trump–Xi summit that ended without progress on U.S. semiconductor export controls. •...
Nvidia leads chip sell-off as Trump-Xi summit ignores export curbs
U.S. President Trump and Chinese President Xi Jinping concluded their high-stakes summit on May 15 without easing technology trade restrictions. U.S. Trade...