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Search resuls for: "Asa Fitch"


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Synopsys to Acquire Ansys in $35 Billion Deal
  + stars: | 2024-01-16 | by ( Asa Fitch | Ben Glickman | ) www.wsj.com   time to read: 1 min
​The acquisition allows Synopsys to expand the industries it targets. Photo: David Paul Morris/Bloomberg NewsSynopsys agreed to acquire Ansys for $35 billion of cash and stock in a deal that would expand the company’s reach in simulation software for designers of microchips, cars and airplanes. Synopsys is one of two big players, along with Cadence, in the software that chip designers use to lay out circuitry and test it prior to manufacturing. As chip-making advances and designers start to stack silicon wafers on top of each other, physics simulations like those Ansys provides have become increasingly important.
Persons: David Paul Morris, Synopsys Organizations: Bloomberg, Cadence
OpenAI Chief Executive Sam Altman at the World Economic Forum in Switzerland on Monday. Photo: Hollie Adams/Bloomberg NewsOpenAI outlined limits on using its tools in politics during the run-up to elections in 2024, amid mounting concern that artificial-intelligence systems could mass-produce misinformation and sway voters in high-profile races. OpenAI’s ChatGPT and Dall-E are some of the most powerful AI chatbot and image-generation applications available. The growth of such tools has raised worry that software made by OpenAI and its peers could be used to manipulate voters with false news stories and computer-generated images and video.
Persons: Sam Altman, Hollie Adams, OpenAI’s ChatGPT Organizations: Economic, Bloomberg, OpenAI Locations: Switzerland
CLARKSVILLE, Tenn.—An obscure zinc smelter in Tennessee is sitting on two minerals vital to producing chips for smartphones and radar systems, landing it in the middle of a global trade war. The plant’s Dutch owner and local officials are looking to fund an expansion so the smelter can process the sought-after materials, germanium and gallium, which are supplied to the rest of the world primarily by China.
Locations: CLARKSVILLE, Tenn, Tennessee, China
Nvidia’s Sales Surge, With No End in Sight for AI Boom
  + stars: | 2023-11-21 | by ( Asa Fitch | ) www.wsj.com   time to read: 1 min
Chip maker Nvidia broke into the exclusive club of companies that have a $1 trillion market cap. WSJ’s Asa Fitch breaks down how Nvidia got there—and why AI is fueling the company’s rapid growth. Photo illustration: Annie ZhaoNvidia reported another quarter of record sales and gave a strong revenue outlook, pointing to red-hot demand for chips that underpin the artificial-intelligence boom. Huge investments in AI by tech giants from Microsoft to Amazon.com and by other large corporations have helped propel Nvidia’s sales to unprecedented levels in recent quarters.
Persons: WSJ’s Asa Fitch, Annie Zhao Nvidia Organizations: Nvidia, Microsoft
Nvidia’s Sales Surge, With No End In Sight for AI Boom
  + stars: | 2023-11-21 | by ( Asa Fitch | ) www.wsj.com   time to read: 1 min
Nvidia said sales more than tripled in its most-recent quarter. Photo: Cfoto/Zuma PressNvidia reported another quarter of record sales and gave a strong revenue outlook, pointing to red-hot demand for chips that underpin the artificial-intelligence boom. Huge investments in AI by tech giants from Microsoft to Amazon.com and by other large corporations have helped propel Nvidia’s sales to unprecedented levels in recent quarters.
Organizations: Nvidia, Zuma Press Nvidia, Microsoft
People visiting an Nvidia booth at a conference in Hangzhou, China, last month. Photo: Cfoto/Zuma PressNvidia is working on a new lineup of artificial-intelligence chips customized for China as the semiconductor giant tries to maintain access to a huge market while adjusting to shifting U.S. regulations. After U.S. restrictions cut off chips that Nvidia had previously developed for the market, the company told distributors in China early this week that three new chips could become available as soon as the end of this year, according to people briefed on the matter.
Organizations: Zuma Press Nvidia, U.S, Nvidia Locations: Hangzhou, China
Intel has ruled the market for central processing units since the 1980s. But rival AMD overtook Intel in market value last year, thanks in part to an expensive bet on chip design. Intel is the leading candidate to potentially receive billions of dollars in government funding for secure facilities producing microchips for U.S. military and intelligence applications. The facilities—which have yet to be disclosed publicly—would be explicitly designated as a “secure enclave,” according to people familiar with the development. The goal is to reduce the U.S. military’s dependence on chips imported from East Asia, particularly Taiwan, which some say is vulnerable to Chinese invasion.
Persons: WSJ’s Asa Fitch Organizations: Intel, AMD Locations: , East Asia, Taiwan
Intel’s chief executive said the company is ‘seeing very healthy behavior’ going into the last quarter of the year. Photo: Brent Lewin/Bloomberg NewsThe global semiconductor industry is bottoming out, executives say, signaling a rebound in some areas of technology and providing relief for the U.S. government, which is spending billions on expanding chip production. In recent weeks, executives at Intel , Taiwan Semiconductor Manufacturing Co. and Samsung Electronics have expressed confidence that the worst is over for the chip industry, which had been in a prolonged slump.
Persons: Brent Lewin Organizations: Bloomberg, U.S ., Intel, Taiwan Semiconductor Manufacturing Co, Samsung Electronics
Chip maker Nvidia broke into the exclusive club of companies that have a $1 trillion market cap. WSJ’s Asa Fitch breaks down how Nvidia got there—and why AI is fueling the company’s rapid growth. Photo illustration: Annie ZhaoSINGAPORE—New U.S. export controls may compel artificial-intelligence giant Nvidia to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources. The Santa Clara, Calif.-based company had already finished delivering orders of its advanced AI chips to China for this year, according to people familiar with the matter, and was pushing to deliver some 2024 orders in advance before the new rules were scheduled to come into effect in mid-November.
Persons: WSJ’s Asa Fitch, Annie Zhao Organizations: Nvidia, Annie Zhao SINGAPORE — Locations: Annie Zhao SINGAPORE, Annie Zhao SINGAPORE — New, China, Santa Clara, Calif
Intel and other chip makers are hoping consumers will flock to future PCs with chips designed for AI calculations. Photo: Brent Lewin/Bloomberg NewsIntel ’s revenue and profits fell in its latest quarter as weak personal-computer and server sales damped the market for its chips. Still, shares of the chip maker rose about 6% in after-hours trading as the company’s results and outlook topped analyst expectations amid signs that a PC recovery is starting to take hold and interest in artificial-intelligence computation is growing.
Persons: Brent Lewin Organizations: Intel, Bloomberg
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/u-s-tightens-curbs-on-ai-chip-exports-to-china-widening-rift-with-u-s-businesses-3b9983df
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/ai/nvidias-french-offices-raided-in-cloud-computing-competition-inquiry-97c094ea
Persons: Dow Jones
Arm IPO Excites Wall Street, but Challenges Loom
  + stars: | 2023-09-17 | by ( Asa Fitch | Corrie Driebusch | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/arm-chips-outlook-artificial-intelligence-57720dd5
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/arm-ipo-date-stock-price-6522efd1
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/investing/arm-stock-price-biggest-ipo-2023-bdd54096
Persons: Dow Jones
Arm Set to Price IPO at $52 a Share
  + stars: | 2023-09-13 | by ( Corrie Driebusch | Ben Dummett | Asa Fitch | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/arm-set-to-price-ipo-at-52-a-share-214e3351
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/arm-ipo-date-stock-price-6522efd1
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/arm-ipo-date-stock-price-6522efd1
Persons: Dow Jones
Arm Sets IPO Price at $51 a Share
  + stars: | 2023-09-13 | by ( Corrie Driebusch | Ben Dummett | Asa Fitch | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/arm-set-to-price-ipo-at-52-a-share-214e3351
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/qualcomm-inks-deal-with-apple-to-supply-iphone-chips-through-2026-4d7890a4
Persons: Dow Jones Organizations: qualcomm
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/arm-ipo-ceo-rene-haas-nvidia-chips-addfbb19
Persons: Dow Jones, rene, haas Organizations: nvidia
Asa Fitch at The Wall Street Journal
  + stars: | 2023-09-09 | by ( Asa Fitch | ) www.wsj.com   time to read: 1 min
Asa FitchAsa Fitch is a reporter covering the semiconductor companies in The Wall Street Journal’s San Francisco bureau, including Intel, Nvidia and Qualcomm. Prior to his move to California, he spent a decade as a foreign correspondent in the Middle East. He joined the Journal in Dubai, where he initially covered business and finance before shifting to covering regional politics and conflicts in Yemen, Iran, Iraq, Israel and the Palestinian territories. Asa began his career as a general-news reporter in Connecticut and a personal finance reporter in New York. He is a graduate of Carleton College and Columbia University's journalism school.
Persons: Asa Fitch Asa Fitch, Asa Organizations: San, Intel, Nvidia, Qualcomm, Journal, Carleton College, Columbia Locations: San Francisco, California, Dubai, Yemen, Iran, Iraq, Israel, Palestinian, Connecticut, New York
Nvidia Supply Concerns Ease, but Long-Term Challenges Remain
  + stars: | 2023-08-26 | by ( Asa Fitch | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/ai/nvidia-supply-concerns-ease-but-long-term-challenges-remain-a259dc54
Persons: Dow Jones
Nvidia Earnings Will Gauge Strength of AI Boom
  + stars: | 2023-08-23 | by ( Asa Fitch | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/earnings/nvidia-nvda-q2-earnings-report-2024-814cf32d
Persons: Dow Jones
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