SK Hynix said on Tuesday it expects strong memory chip demand to run on for the rest of 2021 on data center build-outs and the use of more sophisticated chips in smartphones, as it reported its biggest quarterly profit in more than two years.
Intel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconductor industry during a panel at CNBC’s Evolve conference on Wednesday.
Intel sales were essentially flat and profit dropped in the first quarter of 2021 in CEO Pat Gelsinger’s first earnings report at the helm.
Micron Technology Inc and Western Digital Corp are individually exploring a potential deal for Kioxia Holdings Corp that could value the Japanese semiconductor firm at around $30 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
The incoming chief executive of Intel Corp said on Thursday that most of the company’s 2023 products will be made in Intel factories but he sketched a dual-track future in which it will lean more heavily on outside factories.