Videogame publisher Activision Blizzard on Wednesday reported first-quarter bookings of $1.86 billion, compared with analysts’ average estimate of $1.79 billion, according to Refinitiv.
Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard over its concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming.
Germany’s Bosch Group has agreed to buy key assets of California chip manufacturer TSI Semiconductors and invest $1.5 billion to expand U.S. production of silicon carbide chips for electric vehicles.
ASM International sees more business coming from China this year compared with previous years, the Dutch semiconductor equipment maker said on Wednesday.
National security plans and geopolitical tensions including those between the United States and China will have ripple effects through the semiconductor industry, the chief executive of ASML Holding NV said on Wednesday.
Microsoft Corp shares surged about 7% on Wednesday and lifted tech stocks after the company’s robust earnings eased fears of a slowdown in cloud computing and boosted confidence that artificial intelligence will become a major growth driver.
A shift away from made-in-China chips amid Sino-U.S. tensions has opened up capacity that some customers are happy to use, Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday.
Microsoft Corp and Google-parent Alphabet Inc talked up investments in artificial intelligence (AI) for the second quarter in a row but their results on Tuesday suggested that any substantial additions to sales will be slow.
The European Union Court of Justice said on Wednesday it had dismissed German satellite company OHB System’s complaint about a contract awarded to competitors Thales and Airbus to supply new satellites for Europe’s Galileo programme.
Microsoft has launched a data centre in Poland, the company’s President for Europe, the Middle east and Africa (EMEA) said on Wednesday at the European Economic Congress in the southern city of Katowice.
