Nick Turner

Nvidia Corp. Chief Executive Officer Jensen Huang is expected to miss the inauguration of President-elect Donald Trump on Jan. 20, bucking a trend among high-profile US technology leaders.

GlobalWafers Co., a Taiwanese maker of silicon wafers used in chip manufacturing, finalized a deal to receive as much as $406 million in awards from the US Chips and Science Act to help build factories in Texas and Missouri.

Intel Corp., the embattled chipmaker seeking a new chief executive officer, added two semiconductor industry veterans to its board in a move the company said would bring “experience and operational vigor.”

Intel Corp., fresh off the abrupt departure of Chief Executive Officer Pat Gelsinger, stuck with its current financial forecast during a presentation Wednesday while also saying it would keep a tight rein on capital spending.

Marvell Technology Inc. jumped in late trading after the chipmaker delivered better-than-expected results and an upbeat earnings forecast, citing demand for artificial intelligence computing.

Microchip Technology Inc. Chief Executive Officer Ganesh Moorthy will step down after three years in the role, with Chairman Steve Sanghi returning to the position.

Broadcom Inc. shares gained as much as 4% after Reuters reported that OpenAI is working with the company on a new artificial intelligence chip.

Microchip Technology Inc. said Tuesday that its servers were hit by a cyberattack that has forced the US chipmaker to shut some of its systems and scale back operations.

Tesla Inc. Chief Executive Officer Elon Musk said he has stopped using CrowdStrike Holdings Inc. software after a botched update by the cybersecurity firm crashed computer systems around the world.

Broadcom Inc. shares gained almost 3% on Thursday after the Information reported that it has discussed making an artificial intelligence chip for OpenAI, potentially vaulting it further into Nvidia Corp.’s territory.