In premarket trade on Friday, Taiwan Semiconductor (NYSE:TSM) shares increased slightly on news that the multinational foundry may choose Germany as the location for its first European unit.
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Intel Corp. INTC announced on Wednesday that it is dividing its graphic chips division into two in order to better compete with Nvidia Corp. NVDA and Advanced Micro Devices AMD.
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The NFL is reportedly in advanced talks with Google's (NASDAQ:GOOGL) YouTube to acquire the NFL Sunday Ticket rights.
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According to reports, Apple (NASDAQ:AAPL) is considering a number of possibilities to continue diversifying its manufacturing options. This time, the company is reportedly considering shifting some of the manufacture of its MacBook computers from China to Vietnam.
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As Wall Street completes the 2022 trading year and looks ahead to 2023, Wedbush Securities detailed its prediction for the technology industry. The company forecasts continued pressure on the industry, but there are still chances.
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Investment company Bernstein's top picks in the semiconductor market for 2023 are Advanced Micro Devices (NASDAQ:AMD), Nvidia (NASDAQ:NVDA), Qualcomm (NASDAQ:QCOM), and Broadcom (NASDAQ:AVGO), since the first three have had their expectations "markedly" reduced and Broadcom (AVGO) still has a record backlog.
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As a result of investors' reaction to the gaming platform company's November business update, which revealed a negative impact from the effects of a strong U.S. dollar, shares of Roblox (NYSE:RBLX) fell by more than 10% in pre-market trading on Thursday.
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