CHIP

Pound jumps after UK tax cut rescinded, oil climbs higher

Pound jumps after UK tax cut rescinded, oil climbs higher

TOKYO, Oct 3 (Reuters) – Oil surged on Monday as OPEC+ considered cutting output at its meeting later this week, while the pound appreciated after the British government announced it would would undo a controversial tax cut that had rocked UK markets. Asian stocks mostly fell over the holidays, although Japanese markets found support from …

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Micron earnings suggest chip downturn could be worse than Wall Street expects

Micron earnings suggest chip downturn could be worse than Wall Street expects

Micron Technology Inc. executives warned of a semiconductor slowdown in late June, but now say a “sharp and sudden” drop in demand has exceeded even those expectations, suggesting the current glut of chips could get worse. Micron MU, -1.94% reported a worse-than-expected fiscal fourth quarter on Thursday, with revenue down 23% from a year ago, …

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Google loses challenge to EU antitrust ruling, more probes loom

Google loses challenge to EU antitrust ruling, more probes loom

Join now for FREE unlimited access to Reuters.com Register LUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals, setting a precedent for other regulators. upward pressure. The unit …

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M3 chip for Mac and A17 chip for iPhone 15 Pro would use TSMC's second-generation 3nm process

M3 chip for Mac and A17 chip for iPhone 15 Pro would use TSMC’s second-generation 3nm process

According to a new report from Nikkei Asia. The devices are expected to launch throughout 2023. The N3E will offer improved performance and power efficiency over TSMC’s first-generation 3nm process known as N3, according to the report. In the meantime, the report claims that Apple plans to use TSMC’s first-generation 3nm process for some of …

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Exclusive: Biden to hit China with broader curbs on US chip and tool exports

Exclusive: Biden to hit China with broader curbs on US chip and tool exports

Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 11 (Reuters) – The Biden administration plans next month to expand restrictions on U.S. shipments to China of semiconductors used for artificial intelligence and chip-making tools, several people said. close to the file. The Commerce Department intends to issue new regulations based on the …

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