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Tuesday, December 21, 2021 13:23:47 UTC

Micron's quarterly profit of $2.16 per share surpassed expectations by 5 cents a share.

The chipmaker's revenue also exceeded expectations. Micron provided a positive outlook, citing sustained high demand for its semiconductors. In premarket trading, the company's stock jumped 8.2 percent.(More)

@micronti @intel @intel

#mu #intc #wdc #prso #microntechnologyinc #mu #microntechnology #intel #chips #microchip #w

Friday, December 03, 2021 16:15:18 UTC

U.S. FTC sues to block Nvidia Corp.’s $80 billion planned deal to buy Arm. The FTC said the planned merger would stifle the innovation pipeline for next-generation technologies.

Nvidia's shares closed up 2.2% at $321.26 on Thursday while company faces a $1.25 billion breakup fee if the deal is blocked. While Arm's revenue has risen 56.3% in the six months, it is unclear whether Arm would bring in anything close to the $80 billion offered by Nvidia.(More)

NVIDIA BLOCKED FROM BUYING ARM

Friday, December 03, 2021 16:15:18 UTC

U.S. FTC sues to block Nvidia Corp.’s $80 billion planned deal to buy Arm. The FTC said the planned merger would stifle the innovation pipeline for next-generation technologies.

Nvidia's shares closed up 2.2% at $321.26 on Thursday while company faces a $1.25 billion breakup fee if the deal is blocked. While Arm's revenue has risen 56.3% in the six months, it is unclear whether Arm would bring in anything close to the $80 billion offered by Nvidia.

#nvidia #ai #semiconductor #chip #technology #chipshortage


Wednesday, October 13, 2021 12:50:37 UTC

JP Morgan leads the Q3 earnings season this morning. JPM and other banks may see a substantial boost as a result of the supply chain problems worldwide.

Many companies need carryover funds during the chip shortage and other supply chain issues. Banks like JP Morgan will 'step up' to provide cash and ultimately earn fees.(More)

JP MORGAN COULD LEAD THE PACK

Wednesday, October 13, 2021 12:50:37 UTC

JP Morgan leads the Q3 earnings season this morning. JPM and other banks may see a substantial boost as a result of the supply chain problems worldwide.

Many companies need carryover funds during the chip shortage and other supply chain issues. Banks like JP Morgan will 'step up' to provide cash and ultimately earn fees.

#jpmorgan #supplychain #chipshortage #banking