chipmaking

By Stephen Nellis and Max A. Cherney (Reuters) -Intel expects the U.S. government to reduce a preliminary subsidy of $8.5 billion to build more chip factories, two sources familiar with the matter said on Monday, weeks after the company received a separate $3 billion deal with the Pentagon. The $8.5…

Investing.com– Asian chipmaking stocks fell on Thursday, tracking overnight losses in market darling Nvidia after the chipmaker’s guidance on revenue and margins underwhelmed, raising concerns over the AI trade.  NVIDIA Corporation (NASDAQ:) fell as much as 8.5% in after-hours trade as an underwhelming outlook on current quarter revenue and gross…