Latest in Chip Sales
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Samsung flags chip slowdown as profit drops sharply from previous quarter
While fourth-quarter revenue and operating profit fell quarter on quarter, annual revenue reached the second-highest on record, Samsung said.CNBC - 11h -
The F.D.A. Upgraded a Recall of Some Lay’s Potato Chips. Here’s What to Know.
The Food and Drug Administration is using its most severe notice in a recall of more than 6,000 bags of chips in two states because of “undeclared milk.”The New York Times - 1d -
Samsung predicts profit hit from weak chip sales as US curbs bite
World’s biggest maker of memory semiconductors expects demand recovery from second quarterFinancial Times - 13h -
Nvidia shares resume fall despite gains in European chip stocks
ASML shares rally as Dutch group hails DeepSeek as ‘good news’Financial Times - 2d -
Nvidia and other chip stocks are bouncing. Is now the time to buy?
Multiple analysts saw Monday’s sharp semiconductor pullbacks as overdone. One said they could prove “a buying opportunity in hindsight once the dust settles.”MarketWatch - 3d -
Trump calls for tariffs on computer chips, semiconductors and pharmaceuticals from Taiwan
Donald Trump called for tariffs on foreign computer chips, semiconductors, and pharmaceuticals from places like Taiwan in the near future.VentureBeat - 3d -
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Starbucks cracks down on freeloaders to reverse sales decline
Coffee chain launches plan to get more paying customers back in stores as it reports fewer transactionsFinancial Times - 4d -
Minecraft Movie Gets Square Doritos And Chips That Taste Like Creepers
Doritos has run plenty of video game promotions in the past, but PepsiCo's popular chips are going even further for A Minecraft Movie . This time, Doritos is not only introducing two new flavors ...GameSpot - Jan. 24 -
December Sales Rose for Small Businesses, Except Restaurants
The Fiserv Small Business index rose from November, as point-of-sale data showed a pickup in purchases during the end of the holiday season, possibly at the expense of dining out.Inc. - Jan. 22 -
TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025
Chinese owner of video app seeks growth from AI as its social media business comes under pressure in USFinancial Times - Jan. 22 -
Trump says Denmark will 'come along' on Greenland sale
President Trump said Denmark will “come along” on the potential sale of Greenland and emphasized the U.S. and others need the Arctic island to fortify international security in the region. ...The Hill - Jan. 21 -
Huawei seeks to grab market share in AI chips from Nvidia in China
Tech giant pushes its artificial intelligence chips as hardware of choice for ‘inference’ tasksFinancial Times - Jan. 21 -
Cruz expects to see TikTok sale under Trump
Sen. Ted Cruz (R-Texas) said Monday that he expects to see TikTok sold under President-elect Trump, as the incoming president has vowed to protect the app. “Well, the statute allowed for a 90-day ...The Hill - Jan. 20 -
Wine sales drying up as Americans turn elsewhere
U.S. wine sales continued a multiyear decline in 2024, which experts attribute to shifting demographics, health concerns, new competition and economic forces.NBC News - Jan. 19 -
Saab Expects Sales Growth to Top Guidance
The company said it experienced a stronger-than-expected final quarter of the year, with global defence spending surging as nations support Ukraine while restocking their own arsenals.The Wall Street Journal - Jan. 17 -
British retail sales unexpectedly drop in December
Pound falls and gilts rally as investors bet on more interest rate cutsFinancial Times - Jan. 17 -
Abercrombie sale: Everything worth buying now
At Abercrombie, you can save up to 50% off sitewide — including clearance items. We rounded up our editors’ favorite mens and womens pieces from the sale.NBC News - Jan. 16 -
EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024
DETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. for the first time last year — marking a landmark year for “green” vehicles but coming ...NBC News - Jan. 16 -
Taiwan takes a further step in production of AI chips with advanced new plant
Taiwan has taken another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence with the inauguration of a new plant by Siliconware ...ABC News - Jan. 16 -
Imec spins out Vertical Compute memory chip firm in $20.5M deal
Europe's Imec.xpand is spinning out memory chip firm Vertical Compute in a seed investment round worth $20.5 million.VentureBeat - Jan. 14 -
US imposes export controls on chips for AI to counter China
American semiconductor industry warns move will aid competitors while EU has also protested against the new rulesFinancial Times - Jan. 13 -
Biden Administration Makes Last-Ditch Effort to Curb AI Chip Exports
The new rules meant to govern exports of sophisticated AI processors are meant to address national security concerns, but have already provoked an industry pushback.Inc. - Jan. 13 -
U.S. tightens its grip on AI chip flows across the globe
The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its ...NBC News - Jan. 13 -
Biden administration proposes new restrictions on AI chip exports
The proposal is raising concerns with the chip industry, with artificial intelligence leader Nvidia calling it "misguided."CBS News - Jan. 13 -
Stormers dent Sale's chances of qualification
Stormers cruise past Sale Sharks to claim a bonus-point victory and kickstart their Investec Champions Cup campaign in round three.BBC News - Jan. 11 -
World’s largest chip maker, Taiwan Semiconductor Manufacturing, reports record sales
The key supplier of advanced chips for the world’s leading tech companies saw record revenue in the final quarter of 2023.MarketWatch - Jan. 10 -
As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury
With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences.The New York Times - Jan. 9 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
Nvidia founder unveils next generation of AI and gaming chips at CES 2025
In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him.NBC News - Jan. 7 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
Nvidia’s stock rallies as AI chip trade reloads for fresh run higher
Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.MarketWatch - Jan. 7 -
Nvidia, chip stocks pop after Foxconn reports record revenue
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.CNBC - Jan. 6 -
Qualcomm unveils AI chips for PCs, cars, smart homes and enterprises
Qualcomm unveiled AI technologies and collaborations for PCs, cars, smart homes and enterprises at CES 2025. At the big tech trade show in Las Vegas, Qualcomm Technologies showed how it’s using AI ...VentureBeat - Jan. 6 -
Jimmy Carter's son, Chip Carter, honors his father
Chip Carter, son of former President Jimmy Carter, honored his father's legacy during the funeral ceremony at the Carter Center in Atlanta, Georgia, on Saturday. The late president died at the age ...CBS News - Jan. 4 -
Biden plans $8bn arms sale to Israel
Last-minute show of support for US president’s close ally as he nears his final days in officeFinancial Times - Jan. 4 -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - Jan. 3 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
Tesla sales declined for first time in a decade
Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. ...CBS News - Jan. 2 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2
