chip

Samsung Elec shares rally on Intel’s chip outsourcing plan

FILE PHOTO: A customer stands near Samsung logo during Galaxy Note 8 consumer launch event in Jakarta, Indonesia September 29, 2017. REUTERS/Beawiharta

SEOUL (Reuters) – Shares of Samsung Electronics (005930.KS) rallied on Tuesday, joining its bigger rival TSMC (2330.TW), driven by growing expectations that the chipmakers may benefit from Intel Corp’s (INTC.O) plan to outsource more chip manufacturing.

Shares of Samsung Electronics rose as much as 5.8% at one point to their highest level in about five months and were on track to finish higher for a third consecutive session.

Intel said on Thursday its new 7-nanometer chip technology was six months behind schedule and it would consider farming out more work to outside semiconductor foundries. The U.S. chipmaker also said on Monday that its chief engineering officer had left the company.

“Samsung could benefit as Intel will outsource more chip manufacturing,” Nomura analyst 

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Intel shares dive on apparent manufacturing retreat; rival chip stocks jump

FILE PHOTO: An Intel computer cup logo is shown during opening day of E3, the annual video games expo revealing the latest in gaming software and hardware in Los Angeles, California, U.S., June 11, 2019. REUTERS/Mike Blake

(Reuters) – Shares of Intel slumped and its rivals surged on Friday after the U.S. chipmaker signaled it may give up manufacturing its own components after falling far behind schedule developing its newest technology.

Intel plunged 15% after CEO Bob Swan told investors on a conference call late on Thursday that Intel’s new 7 nanometer chip technology was six months behind schedule and that Intel may pay other manufacturers to produce its chip designs.

Designing and manufacturing its own personal computer and server chips has given Intel a lead over rivals for decades, and a move away from that model would strengthen smaller rival Advanced Micro Devices, which surged 15%.

“This, our 45th

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Intel chip delay forces shift to using more outside factories, shares drop

(Reuters) – Intel Corp (INTC.O) said on Thursday its new 7-nanometer chip technology was six months behind schedule and it would consider farming out more work to outside semiconductor foundries, eroding a founding principle that manufacturing is key to its success.

FILE PHOTO: U.S. chipmaker Intel Corp’s logo is seen on their “smart building” in Petah Tikva, near Tel Aviv, Israel December 15, 2019. REUTERS/Amir Cohen

Intel shares fell 9%.

The setbacks will have little effect in the next few quarters, but will cause a years-long domino effect, delaying chips meant to counter the rise of rivals Advanced Micro Devices Inc (AMD.O) and Nvidia Corp (NVDA.O) until late 2021 or even 2023.

Intel’s 7nm delays extend the lead in the smaller, faster chip technology held by Taiwan Semiconductor Manufacturing Co Ltd (2330.TW), which is now expected to remain at least one generation

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Intel says new chip technology is six months behind, shares drop 9%

(Reuters) – Intel Corp (INTC.O) said on Thursday its new 7-nanometer chip technology was six months behind schedule, sending its shares down 9% in extended trading.

FILE PHOTO: U.S. chipmaker Intel Corp’s logo is seen on their “smart building” in Petah Tikva, near Tel Aviv, Israel December 15, 2019. REUTERS/Amir Cohen

The new delays are a blow for the Santa Clara, California-based chipmaker, which struggled with years of delays for its current 10-nanometer chips.

Intel’s 7nm manufacturing delays extend the lead in the smaller, faster chip technology held by TSMC and will likely benefit rivals Advanced Micro Devices Inc (AMD.O) and Nvidia Corp (NVDA.O).

Intel is the top supplier for processors for PCs and data centers, but rivals such as Nvidia and Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) are challenging the logic of Intel’s business model as a designer and maker of

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