chipmaker News

Intel Nears Completion of 15% Workforce Reduction, Aims for $17 Billion Savings by 2025

Intel Corporation is close to finalizing a 15% workforce cut, aiming for significant cost savings by 2025. The restructuring incurred $1.9 billion in Q2 charges, with the employee ...

TSMC Reports Staggering 48.1% Revenue Surge in April, Signaling Strong Chip Demand

TSMC announces a 48.1% revenue jump in April, reaching $11.6 billion, with a 43.5% increase year-to-date. Shares rose by 3.38%, reflecting strong market confidence.

Qualcomm Shares Tumble Over 8% Amid Disappointing Revenue Forecast for Fiscal 2025

Qualcomm Inc. shares dropped over 8% after announcing a weaker-than-expected revenue forecast for Q3 fiscal 2025, despite reporting strong quarterly results. The company's projecte...

Qualcomm Shares Tumble Over 8% Amid Disappointing Revenue Forecast for Fiscal Q3 2025

Qualcomm Inc. shares fell over 8% after the company's revenue forecast for Q3 fiscal 2025 disappointed investors, despite reporting a 17% increase in revenue and 21% rise in net in...