Both stocks were falling as phone manufacturers scale back production plans.
By Arsheeya Bajwa and Juby Babu Feb 5 (Reuters) - Memory shortages will constrain sales of cell phones for some time, hurting ...
Shares of UK-based semiconductor designer Arm Holdings fell in aftermarket trading, despite the company posting record ...
The chipmaker is grappling with a memory shortage hitting the entire industry as the AI data center buildout snaps up supply.
As for Arm, it delivered fiscal third-quarter earnings of 43 cents per share on sales of $1.24 billion, up 26% from a year ...
Bank of America on Thursday downgraded Qualcomm (NASDAQ:QCOM) to Neutral, citing a weaker handset market and mounting share losses that it said are likely to weigh on growth over the coming quarters.
Qualcomm (QCOM) stock slides after downgrade and price target cuts on memory constraints hurting handset demand.
Arm’s stock got slammed on Wednesday night, dropping by 7.48% after hours, and by Thursday morning, the crash had widened to 10%, even though the company pulled in record revenue. The problem here is ...
Arm Holdings topped fiscal third-quarter expectations, reporting revenue of $1.24 billion and adjusted EPS of 43 cents, ...
Qualcomm has lost the founder and former CEO of the Nuvia chip startup it acquired nearly four years ago to boost its CPU business by focusing on custom Arm designs.
The historic build-out of AI infrastructure is driving the shortage of memory chips. The components Manufacturers have ...
Microsoft's Xbox app has been released for all Windows on Arm PCs, making the vast majority of games downloadable and ...