XP Power rejects US giant’s £571m takeover bid which ‘fundamentally’ undervalued firm May 21, 2024 Advanced Energy Industries upped the stakes in its bid for the electronic component supplier XP Power, but its latest offer was ultimately rejected.
New Semiconductor Institute welcomed by UK chip sector as part of £1bn strategy May 20, 2024 The new semiconductor institute is tasked with promoting the sector to investors and attracting foreign investment in British research.
Nvidia eyes strong first quarter results as analysts remain bullish May 19, 2024 This AI hype has enabled Nvidia to annihilate consensus sales and profit forecasts in all four quarters of the financial year 2024.
Pragmatic: ‘More to be done’ says boss of British chipmaker May 19, 2024 The chief of Pragmatic has said good progress has been made but there is "more to be done" to support Britain’s semiconductor industry.
IQE: Semiconductor firm’s revenue drops nearly a third amid weaker sales April 10, 2024 British semiconductor firm IQE has posted another operating loss amid a slump in revenue as it grapples with lower sales and weak manufacturing.
Arm shares double in three days as investors cheer company’s AI-driven earnings boom February 13, 2024 Shares in the newly public chip company Arm soared over 40 per cent on Monday as a three-day rally post earnings continues.