Semiconductors
Microchip Technology Inc. stock outperforms competitors on strong trading day
Shares of Microchip Technology Inc. MCHP, +4.63% rallied 4.63% to $58.75 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.50% rising 1.50% to 3,902.62 and the Dow Jones Industrial Average DJIA, +1.12% rising 1.12% to 31,384.55. This was the stock’s second consecutive …
Semiconductors and National Defense: What Are the Stakes?
June 8, 2022 All major U.S. defense systems and platforms rely on semiconductors for their performance. Consequently, the erosion of U.S. capabilities in microelectronics is a direct threat to the United States’ ability to defend itself and its allies. Moreover, the U.S. civilian economy is deeply dependent on semiconductor-based platforms for its daily operations. Ensuring …
Intel Files to Take Self-Driving Unit Mobileye Public
Intel Corp. INTC -0.01% said it has filed paperwork to take its Mobileye self-driving car unit public as the semiconductor giant tries to spark investor enthusiasm in its own shares and capitalize on growing demand for automated driving. Intel last year said it was going to list Israel-based Mobileye, which it bought in 2017 for …
Micron Technology Inc. stock falls Wednesday, underperforms market
Shares of Micron Technology Inc. MU, -2.06% shed 2.06% to $80.49 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.54% falling 0.54% to 4,223.70 and Dow Jones Industrial Average DJIA, -0.77% falling 0.77% to 34,033.67. The stock’s fall snapped a four-day winning …
Washington’s Push to Reorganise Semiconductor Supply Chains | Technology
With the Biden administration’s China policy taking shape, the virtual CEO summit hosted by President Biden on April 13, is an event that has gained attention among many quarters recently. In what to be a show of “strategic patience” on the China policy, President Biden has made it clear that his administration is looking to …
Microchip Technology Inc. stock rises Wednesday, still underperforms market
Shares of Microchip Technology Inc. MCHP, +0.11% inched 0.11% higher to $155.49 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.14% rising 0.14% to 4,208.12 and the Dow Jones Industrial Average DJIA, +0.07% rising 0.07% to 34,600.38. Microchip Technology Inc. closed $11.18 …
NXP’s Trimension™ Ultra-Wideband Technology Helps Samsung
TAIPEI, Taiwan, June 02, 2021 (GLOBE NEWSWIRE) — COMPUTEX — NXP Semiconductors announced that its Trimension Ultra-Wideband platform now offers fine ranging for new tagging use cases. UWB and Bluetooth® Low Energy solutions have been combined to deliver spatial awareness to the new Samsung Galaxy SmartTag+, providing an enhanced experience to the Samsung SmartThings Find …
Micron Technology Inc. stock rises Monday, outperforms market
Shares of Micron Technology Inc. MU, +2.70% rose 2.70% to $82.90 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.99% rising 0.99% to 4,197.05 and the Dow Jones Industrial Average DJIA, +0.54% rising 0.54% to 34,393.98. Micron Technology Inc. closed $14.06 short …
Micron Technology Inc. stock outperforms competitors on strong trading day
Shares of Micron Technology Inc. MU, +1.56% advanced 1.56% to $86.03 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.09% rising 1.09% to 4,180.17 and the Dow Jones Industrial Average DJIA, +0.67% rising 0.67% to 34,043.49. Micron Technology Inc. closed $10.93 short …
SkyWater Technology Announces Pricing of Upsized Initial Public Offering of Common Stock
BLOOMINGTON, Minn., April 20, 2021 /PRNewswire/ — SkyWater Technology (NASDAQ: SKYT) today announced the upsizing and pricing of its previously announced initial public offering. SkyWater will sell 6,960,000 shares of its common stock at a price to the public of $14.00 per share. In addition, SkyWater has granted the underwriters a 30-day option to purchase …
