Semiconductor giant ASML sees 2023 sales surge; says China revenue to be steady despite U.S. chip restrictions

Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images Dutch chip equipment maker ASML forecast a jump in 2023 revenue as the semiconductor industry predicts there will be a reacceleration of growth in the second half of this year. ASML is one of the world’s most important companies in the chip supply…

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Memory prices to weigh on profit

Samsung has faced pressure from plunging memory prices which has impacted its key profit driving DRAM and NAND business. Josep Lago | AFP | Getty Images Samsung’s profit could nosedive when it reports fourth-quarter earnings guidance this week as prices for key memory chips continue to plunge amid weak demand. Analysts expect Samsung to report 7.18 trillion South Korean won ($5.64 billion) in operating profit in the December quarter, according to Refinitiv consensus estimates. That would be a near 50% fall versus the fourth quarter of 2021. related investing news…

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China brings WTO case against U.S. and its sweeping chip export curbs as tech tensions escalate

The U.S. has brought in sweeping measures to cut China off from high-tech semiconductors, hobbling the chip industry in the world’s second-largest economy. China has hit back against the measures, beginning an official complaints procedure against the U.S. through the World Trade Organization. William_potter | Istock | Getty Images China initiated a dispute against the U.S. at the World Trade Organization over Washington’s sweeping semiconductor export curbs that look to cut the world’s second-largest economy off from high-tech components. In October, the U.S. introduced rules that restricted chips made using…

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TSMC bucks broader chip slump with 50% revenue surge, helped by Apple iPhone orders

TSMC has bucked a slowdown in areas of the chip market in the face of rising prices, fears of a global recession and Covid disruptions in China. Rafael Henrique | Sopa Images | Lightrocket | Getty Images TSMC, the world’s largest contract chipmaker, on Friday reported a surge in revenue in November thanks in part to orders of semiconductors for high-end smartphones such as Apple’s iPhone. The Taiwanese firm, which makes chips for other companies, said November revenue totaled 222.71 billion new Taiwan dollars ($7.27 billion), a 50.2% year-over-year rise.…

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A globally critical chip firm is driving a wedge between the U.S. and Netherlands over China tech policy

Netherlands Prime Minister Mark Rutte speaks with U.S. President Joe Biden. The U.S. has been putting pressure on the Netherlands to block exports to China of high-tech semiconductor equipment. The Netherlands is home to ASML, one of the most important companies in the global semiconductor supply chain. Susan Walsh | AFP | Getty Images Washington has its eyes on the Netherlands, a small but important European country that could hold the key to China’s future in manufacturing cutting-edge semiconductors. The Netherlands has a population of just over 17 million people —…

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How AMD became a chip giant and leapfrogged Intel after years of playing catch-up

Advanced Micro Devices made history this year when it surpassed Intel by market cap for the first time ever. Intel has long held the lead in the market for computer processors, but AMD’s ascent results from the company branching out into entirely new sectors. In one of the biggest semiconductor acquisitions in history, AMD purchased adaptive chip company Xilinx in February for $49 billion. Now, AMD chips are in two Tesla models, NASA’s Mars Perseverance land rover, 5G cell towers and the world’s fastest supercomputer.  “AMD is beating Intel on…

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How using analytics and AI can help companies manage the semiconductor supply chain

Yuichiro Chino | Moment | Getty Images Businesses and consumers have been grappling with supply chain issues for months, resulting in annoying shortages of all kinds of products, including all-important semiconductor chips. And while the CHIPS and Science Act, signed into law in August, is designed to boost semiconductor manufacturing in the U.S., there’s no telling what effect the legislation will have on supply, or even when. “The semiconductor supply chain is still constrained,” said Brandon Kulik, semiconductor industry leader and principal at Deloitte Consulting. “Lead times on average have…

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Globally critical chip firm ASML jumps 6% after earnings; sees limited impact from U.S. China curbs

Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images Shares of ASML, one of the world’s most important firms in the semiconductor supply chain, jumped 6% on Wednesday after reporting strong earnings that bucked the trend of a slowdown in the chip industry. The Dutch company also said that the latest export…

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Apple to launch a foldable iPad rather than iPhone in 2024, analyst predicts

Apple CEO Tim Cook speaks at an event at the Apple Park campus in Cupertino, California, on Sept. 7, 2022. At a presentation dubbed Far Out, Apple is set to unveil the iPhone 14 line, a fresh slate of smartwatches and new AirPods. Nic Coury | Bloomberg | Getty Images Apple will likely launch an iPad with a folding screen in 2024, analyst firm CCS Insight said on Tuesday, forecasting the U.S. technology giant will begin experimenting with foldable technology soon. CCS Insight published its annual predictions report on Tuesday…

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Xi wanted China to be at the tech frontier. 5 years on, tensions with the U.S. have dented that goal

Chinese President Xi Jinping proposing a toast at the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People on April 26, 2019 in Beijing, China. Nicolas Asfouri | Getty Images Xi Jinping once declared China should “prioritize innovation” and be on the “cutting-edge (of) frontier technologies, modern engineering technologies, and disruptive technologies.” Since that speech in 2017, Beijing has spoken about technologies it wants to boost its prowess in, ranging from artificial intelligence to 5G technology and semiconductors. Five years since Xi’s…

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