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Tech Stocks Slip on Asian Chip Manufacturers Lowered Guidance

Tech Stocks Slip on Asian Chip Manufacturers Lowered Guidance

Major Asian chip manufacturer, Taiwan Semiconductor Manufacturing (NYSE: TSM) reported weaker than expected financial results for its first quarter results, which led to it lowering its second quarter and full year guidance. The downgrade caused a s..

Escalating Trade Tensions Leads China to Threaten with New Tariffs

Escalating Trade Tensions Leads China to Threaten with New Tariffs

China warned on Friday that it would fight back “at any cost” with countermeasures in response to the U.S.’s tariffs, after President Donald Trump threatened to increase tariffs on Chinese goods by an additional $100 billion.&ldquo..

Intel and AMD Launch New 8th Gen Chip

Intel and AMD Launch New 8th Gen Chip

In November, Intel Corporation (NASDAQ: INTC) and Advanced Micro Devices, Inc.(NASDAQ: AMD) announced they would be teaming up to create a laptop chip that combined Intel’s Core line of processors with AMD’s Radeon graphics. At CES 2018,..

IBM Launches a 50-Qubit Quantum Computer

IBM Launches a 50-Qubit Quantum Computer

On Friday, International Business Machines Corp. (NYSE: IBM) introduced a quantum computer that handles 50 quantum qubits while also making a 20 qubit system as well that will be available through their cloud computing platform.Companies like I..

Intel and AMD team up for new two-in-one processor

Intel and AMD team up for new two-in-one processor

Intel Corp. (NASDAQ: INTC) announced on Monday that it has teamed with Advanced Micro Devices Inc. (NASDAQ:AMD) to deliver a Intel’s core processor and AMD’s graphic processor. Intel shares were up 1 percent and AMD shares were up 8 perc..

Apple Possibly Dropping Qualcomm Components

Apple Possibly Dropping Qualcomm Components

Apple Inc. (NASDAQ: AAPL) announced plans to possibly drop chips for iPhones and iPads supplied by Qualcomm Inc. that might take in effect in fall of 2018. This plan followed a change in supply arrangements where QUALCOMM, Inc.(NASDAQ: QCOM) ha..

Sony Predicts Highest Annual Profit

Sony Predicts Highest Annual Profit

On Tuesday, Sony (NYSE: SNE) announced forecasts of highest ever profit this year by restructuring the company and focusing more on gaming and image sensors. Since March of 1998, the company’s earnings have been soaring due to strong sales of ..