US technology shares fell sharply on Friday, dragging the S&P 500 down 1.1% to 7,659 as AI-related stocks including CoreWeave, Dell and SanDisk each fell more than 20% over the week.
Tag: semiconductors
Posted inTech
ASML Says AI Demand Will Outrun Chip-Tool Supply Through 2028
ASML raised its 2026 revenue forecast and warned that planned capacity for 2027 and 2028 will fall short of AI-driven demand for its chip-making equipment.
Posted inTech
Applied Materials Opens $5 Billion Chip R&D Hub to Halve Semiconductor Development Time
The world’s largest chipmaking equipment maker unveiled a 600,000-square-foot research facility in Sunnyvale on Monday, with Intel, TSMC, Micron, SK Hynix and Samsung co-located on site as founding partners.
Posted inMarkets
Nikkei Surges 3.3% to 68,956 as Micron’s AI Memory Outlook Ignites Japan’s Chip Stocks
Japan’s benchmark index posted its best session in six weeks on Tuesday, led by a wave of buying in semiconductor-linked stocks after Micron Technology raised long-term customer commitments to $32 billion from $22 billion in June.
Posted inMarkets
Micron’s Q4 Revenue Surges 379% to $54 Billion as AI Memory Demand Hits Record
Micron Technology posted $54.23 billion in fiscal Q4 revenue, up 379% year-on-year, as AI-driven demand for high-bandwidth memory set a new company record and beat analyst estimates by $4 billion.
Posted inTech
AMD Becomes Fourth US Chip Company to Cross $1 Trillion Market Cap
Advanced Micro Devices hit a $1 trillion market capitalisation on September 21 as AI-driven data centre demand pushed its stock up 180 percent in 2026 to an intraday record of $613.92 per share.
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US Energy Department Offers $215 Million for the World’s First Fault-Tolerant Quantum Computer
The Department of Energy’s Quantum Genesis Q Competition will award up to $215 million to private-sector teams that can demonstrate at least 100 logical qubits capable of hundreds of millions of fault-tolerant operations.
Posted inMarkets
Altera Confidentially Files for IPO That Could Raise More Than $2 Billion
The Silver Lake- and Intel-backed chipmaker filed confidentially for a US listing on September 15, targeting a late-2026 debut that would rank among the largest semiconductor IPOs since Arm’s $5 billion listing in 2023.
Posted inMarkets
Broadcom AI Chip Revenue Triples to $16.7 Billion in Record Quarter
Broadcom’s fiscal Q3 revenue climbed 85 percent to $29.6 billion as AI semiconductor sales surged 221 percent year-on-year to $16.7 billion, driven by custom chip demand from six major cloud and AI customers.
Posted inTech
SEMICON Taiwan 2026 Opens With Record Exhibitors and AI at the Centre
SEMICON Taiwan 2026 opens September 2-4 in Taipei with more than 1,300 exhibitors and 4,300 booths, as the global semiconductor industry gathers to navigate AI-era demand pushing 300mm fab equipment spending toward $150 billion.