Tag: chipmaker
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Microchip Technology layoffs: Chipmaker to cut 2000 jobs and closes several plants | Company Business News-OxBig News Network
Microchip Technology has announced plans to reduce its workforce by approximately 2,000 roles, equating to about nine per cent of its global staff, as...
Chipmaker NXP forecasts downbeat first-quarter revenue on soft demand
Feb 3 (Reuters) - NXP Semiconductors forecast its first-quarter revenue below analysts' estimates on Monday, in a sign of sluggish demand for its...
Chipmaker STMicroelectronics sees an even softer first quarter in 2025-OxBig News Network
By Nathan Vifflin and Leo Marchandon (Reuters) -STMicroelectronics, one of Europe's largest chipmakers, said on Thursday it expected sales to fall further...
Intel to Turn Venture Arm Into Separate Business With New Name
(Bloomberg) -- Intel Corp., the once-dominant chipmaker struggling to revive its business and finances, plans to turn its venture capital arm into a...
Foxconn Q4: Chipmaker’s revenue hits $64.72 billion; beats estimates over high AI server demand | Company Business News-OxBig News Network
Taiwanese giant Foxconn or Hon Hai Precision Industry Co., Ltd beat its revenue estimates for the fourth quarter. The company announced its highest-ever revenue...