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Benzinga's Bulls And Bears Of The Week: Amazon, Exxon, GM, Netflix, Tesla And More
Sunday, July 4, 2021 - 1:54pm | 1312Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. The past week's bullish calls included oil, automaker and semiconductor giants. E-commerce and electric vehicle leaders and a FAANG stock were among the bearish calls seen. The second quarter ended...
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Apple Supplier TSMC Plans To Build Advanced Chip Packaging Plant In US: Report
Friday, June 11, 2021 - 1:33pm | 408Read More...Apple Inc. (NASDAQ: AAPL) chip supplier and foundry Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) could soon have its first chip packaging unit outside of Taiwan, according to reports. What Happened: TSMC is planning to build an advanced manufacturing plant in the U.S. meant for chip...
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NVIDIA Bets On Miners, Promises Top Cards Won't Limit Ethereum Hashrate
Tuesday, June 1, 2021 - 2:15pm | 405Read More...The cryptocurrency mining of the potentially latest graphics processing units (GPUs) announced by the industry's leader Nvidia Corporation (NASDAQ: NVDA) will not be curbed by the company. What Happened: During Nvidia's Keynote at Computex 2021, the company...
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AMD Scores Tesla As A Customer: What You Need To Know
Tuesday, June 1, 2021 - 2:03am | 476Read More...Advanced Micro Devices Inc. (NASDAQ: AMD) has confirmed that infotainment systems in the newly updated Tesla Inc. (NASDAQ: TSLA) Model S and Model X vehicles will use its processors and graphics chips. What Happened: The infotainment systems in the two vehicles will be powered by an AMD Ryzen...
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Just 2.7% Of Nvidia Revenue In Blowout Quarter Came From Crypto Mining Chips, But That's Not The End Of Story
Thursday, May 27, 2021 - 2:47am | 429Read More...Nvidia Corporation (NASDAQ: NVDA) said it has benefitted from record revenue in the first quarter ended May 2, with a small part of the revenue generated from the sale of dedicated cryptocurrency mining hardware, but there is more than meets the eye. What Happened: The multinational technology...
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Chip Shortage Will Have 'Severe Impact' On 93% Of Auto Industry
Friday, May 21, 2021 - 10:18am | 483Read More...The chip shortage has been going on long enough to generate some survey data, and there are some positive things to be found there, but overall the picture is bleak. The general trend seems to be that the impact will be massive and it will last at least through most of 2021, but there are ways of...
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BofA Upgrades SolarEdge Following Recent Sell-Off
Monday, May 10, 2021 - 3:53pm | 266Read More...Shares of SolarEdge Technologies Inc (NASDAQ: SEDG) underperformed significantly after the company’s first-quarter update, based on investor concerns around the impact of chip shortages persisting into 2022, according to BofA Securities. The SolarEdge Technologies Analyst: Aric Li upgraded...
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AMD Scores Highest Server-Market-Share Gain Against Intel In 15 Years
Monday, May 10, 2021 - 3:26am | 416Read More...Advanced Micro Devices Inc (NASDAQ: AMD) grabbed the largest market share since 2006 against rival chipmaker Intel Corp (NASDAQ: INTC) in the server market with EPYC processors in the first quarter, according to Mercury Research (via CRN.) What Happened: According to the report, AMD’s...
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Why Apple Chip Supplier TSMC's Board Approved $2.8B Spending
Thursday, April 22, 2021 - 3:09pm | 337Read More...Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM), a foundry that supplies chips to the likes of Apple Inc (NASDAQ: AAPL), is taking steps to alleviate the chip shortage which has come to plague companies cutting across sectors. What Happened: At a special meeting of TSMC's...
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Apple Supplier TSMC's Q1 Profit Jumps 19% Amid Chip Shortage
Thursday, April 15, 2021 - 6:28am | 414Read More...Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM), the world’s largest contract chipmaker, on Wednesday reported a 19.4% rise in the first-quarter profit helped by strong demand for semiconductor chips from personal computers, smartphones and automobile sectors. See also: How To Buy...
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Xpeng Confirms It's Exploring Making Self-Driving Chips In-House
Thursday, April 15, 2021 - 2:52am | 469Read More...Chinese electric vehicle maker XPeng Inc. (NYSE: XPEV) has confirmed it is exploring making its own dedicated chips for autonomous driving, CNBC reported Wednesday. What Happened: Xinzhou Wu, vice president in charge of autonomous driving at Xpeng, said his company is exploring developing in-house...
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Xpeng Said To Be Developing Own Chips, With Year-End Rollout Target
Thursday, April 8, 2021 - 3:53am | 510Read More...Chinese electric vehicle maker XPeng Inc. (NYSE: XPEV) is working on developing dedicated chips for autonomous driving and could launch them by the end of this year or early next year, according to a report by 36kr (via cnEVpost). What Happened: Xpeng is working simultaneously in China and the U.S...
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Exclusive: Achronix, Ace Convergence CEOs Talk SPAC Deal: 'A Broad Range Of Applications'
Wednesday, February 17, 2021 - 5:31pm | 497Read More...California-based fabless chip company Achronix Semiconductor announced in early January a reverse merger agreement with the special purpose acquisition company Ace Convergence Acquisition Corp. (NASDAQ: ACEV). On Wednesday's edition of Benzinga's show "SPACs Attack," Benzinga...
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Green With Envy For Nvidia Stock: How Much $1,000 Invested 5 Years Ago Would Be Worth Today
Sunday, February 14, 2021 - 12:02pm | 517Read More...Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 131.9%. But there is no question some big-name stocks performed better than others along the way. Nvidia’s Big Run: One...
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Toyota Reveals 3 New EVs, Has Enough Chips To Raise Production Levels
Wednesday, February 10, 2021 - 6:11pm | 315Read More...Toyota Motor Corp. (NYSE: TM) announced on Wednesday three new electric vehicles set to be released this year as the race for auto manufacturers to produce EVs is full charge ahead amid the Biden administration’s push to cut emissions after rejoining the Paris Agreement last month....
















