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Fabless semiconductor companies focus on design and innovation, offering agility and scalability in a competitive market. Discover their impact on the industry. (Read More)
VanEck introduces the Fabless Semiconductor ETF (SMHX), offering investors strategic exposure to the rapidly growing fabless semiconductor sector. (Read More)
After briefly breaking the $3 trillion market capitalization mark in June, things have taken a negative turn for the worlds most valuable chipmaker.
Its layoff season again as Big Tech and the semiconductor industry fail to meet investor expectations.
NVIDIA Omniverse and Modulus enable Ansys to accelerate 3D simulation workflows, paving the way for next-generation semiconductor systems. (Read More)
While stock splits are a sign of confidence in a companys future performance, they could introduce significant price volatility after the event.
Leading semiconductor companies are adopting NVIDIA's Blackwell and CUDA-X platforms to accelerate manufacturing processes, improve lithography, and enhance simulation capabilities. (Read More)
IBM is advancing semiconductor manufacturing by integrating AI and automation, enhancing efficiency and innovation in fab operations. (Read More)
Exploring how diversified semiconductor exposure can mitigate the single-stock risk associated with Nvidia, amidst evolving industry dynamics and volatility. (Read More)
Ethereum (ETH/USD), successfully hit the Merge earlier Thursday to mark one of the biggest events in crypto history since the launch of Bitcoin over a decade ago.
The switch from a proof-of-work (PoW) mechanism to a proof-of-stake (PoS) network mechanism comes with multiple benefits for the Ethereum network (Invezz analyst Dan Ashmore gives a great overview in this post-merge analysis).
But does the transition from mining to staking have any impact outside of miners who might have to find alternative PoW coins like Ethereum Classic or an ETHPOW fork?
According to one industry expert, the tech industry could be one those impacted by Ethereum’s historic milestone.
Pro says Ethereum’s merge will hit chip companiesRichard Windsor, the founder of Radio Free Mobile, says yes and states that Ethereum ‘merge’ is likely to substantially hit tech companies, particularly semiconductor firms like Advanced Micro Devices (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA).
And that could see see valuations sink, he told CNBC’s Tech Check in an interview on Thursday.
Ethereum miners had over $10 billion worth of mining equipment – what happens to these mining equipment? As Windsor points out, all the mining rigs and graphics cards that were doing all the complex computational calculations on the network up to this morning are “no longer needed.”
“That equipment is all but obsolete and will need to be repurposed for other things,” he noted.
And the impact?
Well, companies like Bitmain that sell mining rigs “could potentially go out of business” given one of the largest PoW networks is ‘gone’.
Elsewhere, graphics card makers like AMD and NVIDIA are struggling with short term weakness as miners looking to recoup some profit from their GPUs flood the secondary market.
Semiconductors could see sharp downturn in 2023On what the outlook is for semiconductors going forward given recent supply chain bottlenecks and geopolitical implications among other factors, Windsor says signs of a cycle top are there.
According to him, trouble for semiconductor companies is really down to what leading companies such as TCMS, Samsung and Intel are doing: they are spending tens of billions of dollars and US subsidy levels are skyrocketing.
“What this means is that people are building semiconductor companies for reasons other than ‘I need to sell more chips’. It’s more about national security, security of supply. And what that leads to is potentially an oversupply situation, which gives you the possibility of quite a sharp downward turn in semiconductors – particularly going into 2023.”
The post Pro discusses semiconductor stocks outlook post Ethereum Merge appeared first on Invezz.
Intel is not done yet. The company’s plan to become a big player in the semiconductor business is even more ambitious than we thought. Today’s news arrives via the WSJ, “Intel Corp. has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc.” Both companies will finance and build a new factory in Chandler, Arizona. Apparently, this is the first of many similar deals for Intel. The company wants to build chip manufacturing capabilities fast and it’s using co-investment as a way to raise money outside of the traditional banking system. For its part, Brookfield is a Canadian asset-management firm that has “more than $750 billion in assets under management.” If this goes well, these new pools of capital will allow Intel to build factories in other places. In this case, Intel will fund 51% of the new facility and thus have “a controlling stake in the financing vehicle that would own the new factories.” Brookfield will finance and own the rest, and both companies “will split the revenue that comes out of the factories.” The deal would be “the first of what could be a series of such arrangements Intel pursues to underpin Chief Executive Pat Gelsinger’s push to make the company a leading contract chip maker and regain its manufacturing advantage over competitors in Taiwan and South Korea.” What Does Intel ’s Chip Business Have To Do With Bitcoin? These chips are a crucial part of the Blockscale ASICs, Intel’s “energy efficient” bitcoin miners. In fact, before Intel, all Bitcoin miners were practically dependent on the Taiwan and South Korea factories. When the Blockscale shipped, we quoted Raja Koduri, Intel’s Architecture, Graphics and Software (IAGS) division’s senior vice president: “Intel AXG Custom Compute team is now shipping the Blockscale ASIC! First product will always be unforgettable, congratulations team. Excited to see how Argo, Griid and Hive improvise around Blockscale and our open design.” Before that, we quoted Intel ‘s CEO Pat Gelsinger overselling it a bit: “Intel is about to bring forward a blockchain chip that’s dramatically better. That is orders of magnitude better in terms of power performance. So, we’re helping solve the climate issue.” We even quoted President Joe Biden poetically describing Intel ’s other chip factory: “If you travel 20 miles east of Columbus, Ohio, you’ll find 1,000 empty acres of land. It won’t look like much, but if you stop and look closely, you’ll see a ‘field of dreams,’ the ground on which America’s future will be built.” BTC price chart for 08/24/2022 on Bitstamp | Source: BTC/USD on TradingView.com There’s No Business Like The Chip Business Back to the WSJ report, the numbers that Intel ‘s CEO is expecting for all of this hassle are astronomical: “Mr. Geslinger and other industry officials have said they expect annual semiconductor sales to roughly double by the end of the decade—topping $1 trillion—even if short-term demand softness is weighing on chip-industry earnings.” They are betting big, “Intel also has said it could spend as much as $100 billion each on new plant complexes in Ohio and Germany.” And they’re not the only ones, Taiwan and South Korea are also doubling down on semiconductors, and even The European Union is trying to get in on the action. In Intel ´s case, the already mentioned President Biden might have something to do with all of these investments: “In the U.S., whose share of the chip market has fallen to about 12%, according to Boston Consulting Group, President Biden this month signed legislation allocating more than $50 billion for domestic chip manufacturing and research. Intel and other chip manufacturers lobbied heavily for the bill. The European Union is considering incentives to double its share of global chip-making to 20% by 2030.” Is this good for bitcoin, though? Everything is good for bitcoin. Having more chip options for the new generation of bitcoin miners that’s coming down the pipeline is even more so. Featured Image by Kevin Woblick on Unsplash | Charts by TradingView
Key Points Nvidia sees crypto mining chips sales plummet 60% in Q3 Earnings for the quarter however has sent the stock rising, with Q3 revenues up 50% year-over-year The demand for gaming, 3D chips has contributed to the parabolic rise of Nvidia Ethereum going to Proof-of-Stake could factor into the slumped mining chip sales Nvidia, […]
The post NVIDIA Mining Chip Sales Plunge 60% in Q3, but the Stock is Booming appeared first on CryptosRus.
According to reports, the 3-nanometer (nm) Gate-All-Around (GAA) semiconductor from Samsung has been discovered in use after a year since its release. Until now, there were no confirmed applications of the technology. Techinsights found Samsung’s 3nm chip in the Whatsminer M56S++ bitcoin mining rig from Microbt, a bitcoin mining machine that produces an estimated 230 [...]
The post Samsung’s 3nm GAA Chip Discovered in Microbt’s Next-Gen Bitcoin Mining Rig appeared first on Crypto Breaking News.
After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 [...]
The post Chip Giant Intel Abandons Bitcoin ASIC Production appeared first on Crypto Breaking News.
TSMC partners with NVIDIA to implement the cuLitho platform, drastically speeding up semiconductor manufacturing by leveraging AI and accelerated computing. (Read More)
The European Union unveiled the Trusted Investors Network at a meeting in Athens, Greece to attract venture capital to deep-tech sectors like biotechnology and AI.
Taiwan Semiconductor Manufacturing Co. (TSMC) is taking bold strides toward the future of semiconductor technology, planning to manufacture next-generation 2-nanometer (nm) chips at a new plant in Kaohsiung, Taiwan. Reports detail that the date for mass production remains undecided, with the company also targeting Hsinchu County in northern Taiwan for 2nm production by 2025. Kaohsiung [...]
The post TSMC Advances Towards 2-Nanometer Chips in Taiwan; A Breakthrough That Could Revolutionize Bitcoin Mining appeared first on Crypto Breaking News.
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