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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


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All New York City taxis will soon be listed on the Uber app, as a ride-hailing alternative for customers.

The company plans to make sure passengers are charged approximately the same rates for taxi bookings as they are for rides through the UberX ride-hailing option. The company's goal is to make taxi bookings and UberX ride-hailing options cost around the same to their customers.

Uber shares advanced 5% on Thursday, while Medallion Financial ($MFIN), which finances taxi medallions for drivers in New York and elsewhere, is up 2% in premarket trade.(More)

NYC TAXIES VIA UBER

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All New York City taxis will soon be listed on the Uber app, as a ride-hailing alternative for customers.

The company plans to make sure passengers are charged approximately the same rates for taxi bookings as they are for rides through the UberX ride-hailing option. The company's goal is to make taxi bookings and UberX ride-hailing options cost around the same to their customers.

Uber shares advanced 5% on Thursday, while Medallion Financial ($MFIN), which finances taxi medallions for drivers in New York and elsewhere, is up 2% in premarket trade.

#uber #taxi #newyorkcity #technology