Weekly jobless claims rise in line with estimates Moderna and Pfizer in place as FDA clears updated COVID boosters Exxon climbs after strengthening its buyback program Dec 8 (Reuters) – The S&P 500 (.SPX) closed higher on Thursday, ending a five-game losing streak, as investors pushed the index higher after interpreting data showing rising stocks. …
S&P 500 ends losing streak on rising jobless claims Read More »
Apple plans to start using American-made processors after opening a new state-of-the-art chip factory in Phoenix, Arizona. For factory customers, which also include AMD and NVIDIA, the new facility means more secure chip supply and faster production times. Chipmaker TSMC also said today that it will begin construction of a second factory in Phoenix next …
Tim Cook and President Biden came to Arizona to announce US-made chip plans Read More »
Could this be the future of laptop cooling? On Thursday, a San Jose-based company showed off a new cooling system for electronics that not only runs quieter than traditional fans, but also promises to help laptops achieve even better performance. The cooling system is called the “AirJet” chip and comes from Frore Systems(Opens in a …
Better than the fans? New ‘AirJet’ chip promises to overhaul laptop cooling Read More »
Neuralink, Elon Musk’s startup that hopes to link our brains directly to computers, showed progress in two medical areas on Wednesday: helping blind people see and helping people with spinal cord injuries walk. The company, one of five led by Musk, is working on technology to deposit thousands of electrodes thinner than a hair into …
Neuralink’s brain chip plans: Help the blind see and the paralyzed walk Read More »
China has tapped tech giants Alibaba and Tencent to help it design semiconductor chips, as Beijing braces for new US sanctions aimed at suppressing Chinese computing power. The Chinese government has set up a consortium of companies and research institutes, including the Chinese Academy of Sciences, to create new intellectual property on the chips. Beijing …
China enlists Alibaba and Tencent in fight against US chip sanctions Read More »
Cyber Monday spending will hit $11.6 billion – report Crypto stocks fall as BlockFi files for bankruptcy Biogen down after death in Alzheimer’s drug trial End of indices: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – U.S. stocks ended sharply lower on Monday after protests in major Chinese cities over strict COVID-19 …
Wall Street ends sharply lower, hit by concerns over Apple and China Read More »
hong kong CNN Business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West about China’s potential control over critical infrastructure. Last week the new owner of Britain’s biggest chipmaker was ordered to reverse its takeover, just days after another chip factory sale …
The chip war between the United States and China spills over into Europe | CNN Business Read More »
October retail sales rise more than expected Target’s bleak outlook weighs on retailers Micron supply cut triggers chip sell-off Indices down: Dow 0.12%, S&P 0.83%, Nasdaq 1.54% Nov 16 (Reuters) – Major Wall Street indexes ended lower on Wednesday as a gloomy outlook for Target sparked fresh concerns over retailers ahead of the crucial holiday …
Wall Street ends lower after Target outlook and Micron bid cut Read More »
