The Latest Breaking News from Semiconductor

The chip giant says its Arizona hiring is on schedule, but recruiters say the company is a hard sell.

Ashwini Vaishnaw hit out against Raghuram Rajan amid Mr. Rajan’s criticism of PLI scheme for semiconductor manufacturing

Despite the short-term cyclical downturn, the chip industry’s outlook remains solid due to the increasing use of chips in powering vital technological advancements. Hence, fundamentally strong chip stocks Broadcom (AVGO), Tower Semiconductor (TSEM), and Photronics (PLAB) might be worth buying right now. Continue reading.

Leading chip maker Intel (INTC) reported poor first quarter 2023 results, with declining revenue and rising losses. Despite its long-standing reputation, the company seems to be struggling to keep up with its competitors. Hence, I think this fundamentally weak stock might be best avoided. Read more.

China and South Korea have agreed to strengthen dialogue and cooperation on semiconductor industry supply chains, amid broader global concerns over chip supplies, sanctions and national security, China's commerce minister said.

Despite facing several macroeconomic headwinds over the past year, the chip sector is well-positioned for growth in the long term. To that end, investors could look to buy fundamentally strong chip stocks ASE Technology Holding (ASX), Cohu (COHU), and Veeco Instruments (VECO). Keep reading.

With technological advancements and the growing demand for connectivity, the semiconductor industry has experienced robust growth. Hence, it could be wise to invest in the shares of Nikon Corporation (NINOY), Park Aerospace (PKE), and Everspin Technologies (MRAM), trading under $15, which are poised to capitalize on the industry’s tailwinds. Learn…

Imec, the most advanced semiconductor research firm in the world, recently shared its silicon and transistor roadmap at its ITF World summit in Antwerp, Belgium.

June S&P 500 futures (ESM23) are trending up +0.17% this morning after the S&P 500 and Nasdaq 100 closed sharply higher on Thursday as blowout guidance from Nvidia and progress on debt ceiling talks boosted market sentiment, while investors awaited a reading on the Federal Reserve’s preferred inflation gauge.