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Arm Holdings PLC

SoftBank shares tank near 19%, wiping off .6 billion from founder Masayoshi Son’s fortune

SoftBank shares tank near 19%, wiping off $4.6 billion from founder Masayoshi Son’s fortune

Masayoshi Son, CEO of SoftBank, speaks during the company’s annual general meeting in Tokyo on June 20, 2024. Kosuke Okahara | Bloomberg | Getty Images SoftBank Group shares tanked nearly 19% on Monday amid a global sell-off, wiping off billions of Dollars from founder Masayoshi Son’s fortune. Shars of the Japanese giant, known as one

SoftBank shares tank near 19%, wiping off $4.6 billion from founder Masayoshi Son’s fortune Read More »

Why not all semiconductor firms are benefitting from the AI boom like Nvidia has

Why not all semiconductor firms are benefitting from the AI boom like Nvidia has

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024.  David Paul Morris/Bloomberg via Getty Images Not all chip firms are benefitting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor supply chain and

Why not all semiconductor firms are benefitting from the AI boom like Nvidia has Read More »

Arm issues light earnings guidance as the company stops disclosing number of chips reported as shipped

Arm issues light earnings guidance as the company stops disclosing number of chips reported as shipped

Rene Haas, chief executive officer of Arm Holdings plc, during the Computex conference in Taipei, Taiwan, on Tuesday, June 4, 2024. Annabelle Chih | Bloomberg | Getty Images Arm shares fell more than 11% in extended trading on Wednesday after the chip-architecture maker issued light earnings guidance for the current quarter and the full fiscal

Arm issues light earnings guidance as the company stops disclosing number of chips reported as shipped Read More »

Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments

Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments

President Joe Biden and his Chinese counterpart Xi Jinping are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco in November. Saul Loeb | Afp | Getty Images Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter export restrictions from the U.S.

Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments Read More »

Microsoft’s Surface Pro is fine, but it isn’t the AI device to change personal computing

Microsoft’s Surface Pro is fine, but it isn’t the AI device to change personal computing

With Microsoft’s new Surface Pro Flex Keyboard, you can type and use the trackpad without the accessory being physically connected to the 11th edition of the Surface Pro. Jordan Novet | CNBC When Microsoft announced its new line of Windows PCs in May, the company said the computers were “designed for AI” with new chips

Microsoft’s Surface Pro is fine, but it isn’t the AI device to change personal computing Read More »

SoftBank shares rise on .86 billion debt offering as CEO talks up ‘super’ AI

SoftBank shares rise on $1.86 billion debt offering as CEO talks up ‘super’ AI

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 20, 2024. Son sketched out ambitions to help create AI thousands of times smarter than any human, making his most grandiose pronouncements since the Japanese conglomerate began taking steps to shore

SoftBank shares rise on $1.86 billion debt offering as CEO talks up ‘super’ AI Read More »

Nvidia slides 13% in three days after briefly becoming most valuable company

Nvidia slides 13% in three days after briefly becoming most valuable company

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Since briefly becoming the world’s most valuable company last week, Nvidia has dropped for three consecutive trading days and is now down 13% from its peak. Monday’s slide was the chipmaker’s second-steepest

Nvidia slides 13% in three days after briefly becoming most valuable company Read More »

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