The S&P 500 index has surged 15% in the first six months of 2023. This uptick has been driven by the top 10 holdings of the index, which have an average forward price-to-earnings multiple of 28.5 times. Comparatively, NVDA stock is priced at 52.4 times forward earnings, which is quite steep.
Analysts also expect the company to increase sales by 58.6% year over year to US$42.8 billion in fiscal 2024, indicating a forward price-to-sales ratio of 23.4 times. Analyst...

AST SpaceMobile, Inc., the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, proudly announces the commencement of the tape-out phase for its Application-Specific Integrated Circuit (ASIC), in collaboration with TSMC, the world's leading foundry.
As the cornerstone of AST SpaceMobile's BlueBird Block 2 pro...

A few weeks ago, Samsung launched the Galaxy A55, featuring the Exynos 1480 processor. However, the company had not formally announced the name of the chipset. Samsung is changing that now and is formally announcing its newest mid-range Exynos chip.
The Exynos 1480 is fabricated on Samsung Foundry's 4nm (4LPP+) process node, which is an improvement compared to the 5nm Exynos 1380 chip from last year. The new chip has four ARM C...

China has introduced new rules banning the use of Intel and AMD processors in government computers and servers. Chinese government agencies must now use “safe and reliable” domestic replacements for AMD and Intel chips.
The list includes 18 approved processors, including chips from Huawei and state-owned Phytium, both of which are banned in the United States.
The forced switch to domestic alternatives such as processors from Hua...

With the launch period of generational upgrades coming near, tech firms are battling against each other, especially in the segment of the supply chain, since everyone wants the best in the industry.  The Taiwan Economic Daily reports that TSMC's 3nm process has received massive interest from the markets in recent times, with the likes of Apple & Intel in the race to acquire a healthy portion of the supply.
I...

AMD CEO Su Zifeng said in a land media interview, AI is the most transformative technology in 50 years, optimistic that AI PC will be an important driving force to bring the PC market back to growth this year.
The legal person is optimistic that AMD, the main chip foundry TSMC (2330), as well as Quanta, Compal, Wistron, Acer, Asus and other PC supply chain will also follow the shout rush.
AMD organized th...

Super Micro Computer has “arrived,” it seems. On March 18, the company officially joined the prestigious S&P 500 large-cap stock index.
Of course, this event isn’t just about prestige. Joining the S&P 500 means that a large number of index-fund holders will, in effect, own SMCI stock. Hence, some people might conclude that being an S&P 500 member will put a “floor” on the Super Micro Computer share price.
How did Super Micro Computer rise from a little-kn...

Intel stock is in the news Wednesday after the company secured $8.5 billion in funding from the U.S. government.
The Department of Commerce has a preliminary agreement with Intel to provide it with these funds for the development of new facilities. That includes locations in Arizona, Ohio, New Mexico and Oregon.
In addition to the $8.5 billion in funding, Intel can also get $11 billion in loans from the government. This is part of the C...