Chip Maker TSMC Forecasts Weaker Crypto Mining Demand in Q4

Chip-making giant TSMC has reported a significant drop in revenue for its crypto mining segment in 2018......»»

Taiwan Semiconductor Manufacturing Company (TSMC) has cut its revenue growth forecast for 2018 to 10% from the previously-estimated 10-15%, citing weaker-than-expected smartphone demand and growing uncertainty facing the cryptocurrency mining market......»»

Nvidia Corp. shares surged Tuesday for a second straight day as analysts rallied around the chip maker, contending that its strengths more than make up for a potential downturn in cryptocurrency-related revenue and self-driving fears......»»

Hangzhou-based Canaan has seen a surge in demand for its mining machines amid a global boom in cryptocurrencies.....»»

Taiwan Semiconductor Manufacturing Company (TSMC) has revised its revenue growth forecast for 2018 to 5-9%, compared with the up to 10% estimated previously. Disappointing crypto mining demand was cited as the main cause for the revision......»»

Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips......»»

Samsung Electronics warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips. Pascale Davies reports......»»

Xiangfu Liu has left the board and management team of Canaan Creative, maker of the Avalon crypto miner......»»

TSMC's trimmed forecast shows that the chip industry is still in recovery mode, and that demand is slowing. VCG/VCG via Getty Images TSMC sees growth in the microchip industry slowing to 10%, it said in a post-earnings call. The dimmed out.....»»

Chinese EV manufacturer NIO Inc. (NYSE: NIO) announced Thursday first-quarter r.....»»

Amid another semiconductor shortage, combined with a mini boom for chips used in crypto mining, Nvidia Corp. believes it will be able to handle the competing demands of its data center customers, gamers, and crypto-miners......»»

Nvidia Corp. on Wednesday reported that its quarterly revenue blew past last quarter's record-setting sales, as holiday gaming chip demand and renewed interest in cryptocurrency mining met with supply shortages......»»

Nvidia Corp. on Wednesday reported that its quarterly revenue blew past last quarter's record-setting sales, as holiday gaming chip demand and renewed interest in cryptocurrency mining met with supply shortages......»»

ABF substrate prices are likely to rise later in the first half of 2021, driven by rebounding demand for crypto mining chips and a sharp rise in demand for server applications starting in the second quarter, according to industry sources......»»

Nvidia Corp. on Thursday introducing a specialized product for mining cryptocurrency while throttling mining capabilities in their gaming cards, an attempt to avoid a replay of difficulties caused by demand from crypto miners in recent years......»»

Taiwan-based IC design service providers and analog chip suppliers have seen demand for mining chips start picking up recently, according industry sources......»»

Demand for mining ASICs h.....»»

LED epitaxial wafer and chip maker Epistar has expressed optimism about its shipments for miniLED-backlit products in the second and third quarter of 2021......»»

Intel Corp forecast current-quarter profit below analysts' estimates on Thursday as the semiconductor industry deals with slack demand due to massive shutdowns from the coronavirus outbreak, sending the chipmaker's shares down 6% in extended trading......»»

TSMC has seen 28nm as well as 40/45nm process capacity utilization rates drop, due to a slump in chip demand for automotive and consumer electronics devices, according to sources at fab toolmakers......»»