➀ Intel sold its 1.18 million Arm shares for $145 million to cut costs and strengthen finances, also announcing layoffs of at least 15% of its workforce. ➁ SMIC's Q2 profit dropped 59.1% year-on-year to $164.6 million despite a 21.8% revenue increase, with a forecasted Q3 revenue growth of 13-15%. ➂ TSMC achieved its best-ever revenue in July, totaling $7.9 billion, a 45% year-on-year increase, with HPC contributing 52% of the revenue.
Related Articles
- Intel’s Pearl Harbor Moment12 days ago
- Grab Holdings Limited 2025 Q2 - Results - Earnings Call Presentationabout 1 month ago
- Samsung delays equipping Taylor because of lack of customers2 months ago
- Intel may stop marketing 18A to foundry customers2 months ago
- Ex-Intel CEO Pat Gelsinger gives Japan's new leading-edge chipmaker advice, says Rapidus needs unique tech to compete with TSMC2 months ago
- Uber Vs. Lyft: Why I Buy Uber And Not The Other2 months ago
- Intel No.2 for Foundry 2.02 months ago
- Israel Strikes Iran's Nuclear And Military Sites3 months ago
- Chip news live: All the latest in the semiconductor industry3 months ago
- A Daunting Prospect For Intel and Samsung3 months ago