Intel's stock rose 5% following a milestone of processing over one million wafers using advanced High-NA EUV technology from ASML, positioning Intel years ahead in chip manufacturing innovation. ASML and Taiwan Semiconductor also gained 3% amid strong AI-driven demand for cutting-edge semiconductor equipment. This milestone highlights Intel's foundry turnaround and leadership in adopting next-gen lithography tools, with significant revenue growth despite ongoing investment losses. Investors await further updates on production volumes and yield improvements to confirm sustained momentum.
Canada has enacted retaliatory tariffs on $20 billion worth of U.S. goods, including steel, aluminum, dairy, and electronics, escalating an 18-month trade dispute. These tariffs range from 15% to 50% and affect key sectors, putting pressure on North ...
TSMC and Samsung, two leading chipmakers, have committed to using ASML's High NA EUV lithography machines, which cost around $400 million each, to produce more advanced chips. Samsung plans to adopt this technology for DRAM memory manufacturing start...
Intel shares have surged over 140% in 2026, driven by strong revenue growth fueled by AI demand across CPUs, ASICs, and foundry services. Despite recent stock price stabilization and ongoing foundry losses, analysts see potential for a 25% upside, wi...
Intel raised $23 billion through an upsized equity offering to support capital expenditures for advanced chip technologies and AI infrastructure. This funding is crucial for Intel's development of new process nodes and foundry transformation, helping...
Nvidia's latest AI chips deliver significantly higher performance than China's best, Huawei's Ascend 910C, which is less than half as powerful as Nvidia's three-year-old H200 chip. Nvidia has since advanced through multiple chip generations, with its...
