UK Infrastructure Bank to create 500 ‘highly skilled jobs’ with £60m investment into British chip company December 6, 2023 The UK Infrastructure Bank (UKIB) has announced it is ploughing £60m worth of equity into Pragmatic Semiconductor.
Is Nvidia’s share price rally finally coming to an end? November 22, 2023 Despite posting strong results, Nvidia's share price has not surged in the same it has done previously. Is this the end of the rally?
Nvidia stock surge continues as it preps for trading update November 20, 2023 Nvidia is gearing up to reveal its third-quarter performance and investors are still rallying behind it after a wildly successful year.
Cambridge chip designer Riverlane aims to be the next Arm with quantum game-changer September 18, 2023 A Cambridge start-up aiming to rival chip designer Arm said it has made a significant breakthrough that could accelerate the development of quantum computers. Riverlane, which was spun out from Cambridge University and is valued at £150m, has created a “quantum decoder chip”, which it claims can fix high error rates — a problem that [...]
Arm maintaining its lofty US valuation will be indicator for London IPO revival September 15, 2023 Shares in Softbank’s Arm have taken flight, surging nearly 25 per cent above their Nasdaq debut price, marking a triumphant return to the public markets after a seven-year hiatus for the chip designer. A loud reception has bolstered market experts’ optimism for beleaguered IPOs, which has faced substantial headaches in recent years, such as rising [...]
IQE: ‘Weak’ global demand hits chipmaker’s bottom line September 12, 2023 IQE are delivering their wireless products to Chinese Wi-Fi suppliers to tap into growing smartphone markets in China and India.
Arm: Chip firm expecting to close IPO at top of $50bn-plus range September 11, 2023 British chip designer Arm is reportedly set to hit the upper range of its valuation target as the year's biggest IPO creeps towards completion.
Conducting business: UK chip industry needs to pick its battle, says top boss August 30, 2023 A top chip boss has urged the government’s new Semiconductor Advisory Panel (SAP) to narrow its focus so the UK can grab a stronghold in the escalating chip wars and protect its successful growth firms from rival markets. Dr Simon Thomas, the chief executive of Cambridgeshire graphene-based semiconductor firm Paragraf, welcomed the government’s recent appointment [...]
Wall Street cheers Nvidia results as AI chip designer lives up to expectations August 24, 2023 Hunger for Nvidia’s artificial intelligence (AI) chips has propelled its sales to $13.5bn (£10.6bn) in its second quarter, more than doubling from a year ago. The American tech behemoth’s data centre business drove most of the sales, soaring 170 per cent compared to the same period last year, up to $10.3bn (£8.1bn). Nvidia’s data centre business sells the company’s [...]
Still going strong: Traders all-in on Nvidia hype train August 23, 2023 Nvidia’s shares hit an all-time high on Tuesday, just before the chip designer shares its earnings later today. Stock in the Nasdaq-listed company soared to an all-time high of $481.87 on Tuesday at market open before dipping 2.76 per cent again yesterday. On Monday, the shares received an eight per cent boost. It surpassed its [...]