Category: Shipments
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Exclusive-US ordered TSMC to halt shipments to China of chips used in AI applications, source says
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By Karen Freifeld and Fanny Botkin NEW YORK/SINGAPORE (Reuters) – The United States ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications as of Monday, according to a person familiar with the matter. The Commerce Department sent…
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US sets new rule that could spur AI chip shipments to the Middle East By Reuters
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Written by Karen Freifeld WASHINGTON (Reuters) – The U.S. Commerce Department on Monday unveiled a rule that could facilitate shipments of artificial intelligence chips to data centers in the Middle East. Since October 2023, US exporters have been required to obtain licenses before shipping advanced chips to parts of the…
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Ceva reports Q2 shipments up 25%
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Ceva, Inc. (Nasdq: CEVA), a chip designer, reported revenue of $28.4 million for the second quarter of 2024, compared to revenue of $22.9 million in the comparable quarter of 2023. Non-GAAP diluted earnings per share were $0.17. Royalty revenue was $11.2 million, up 19% year-over-year. Ceva shipped 461 million units,…
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Explainer-Why the US is stopping some bomb shipments to Israel By Reuters
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THE HAGUE/WASHINGTON (Reuters) – The United States has suspended a shipment of weapons to Israel, including heavy bombs used by the US ally in its campaign against Hamas militants in Gaza that has killed more than 34,000 Palestinians. The comment comes at a time when Israeli Prime Minister Benjamin Netanyahu…