Nick Turner

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.

Elon Musk said that the X social media company, formerly known as Twitter, will be moving its headquarters from San Francisco to Austin.

French antitrust enforcers are preparing to charge Nvidia Corp. with allegedly anticompetitive practices, Reuters reported, as the world’s most valuable chipmaker faces mounting regulatory scrutiny.

Nvidia Corp. Vice President Simona Jankowski, who runs investor relations and strategic finance at the chipmaker, is leaving to become chief financial officer at a startup.

Nvidia Corp. Vice President Simona Jankowski, who runs investor relations and strategic finance at the chipmaker, is leaving to become chief financial officer at a startup.

Billionaire Elon Musk said he would ban Apple Inc. devices from his companies if OpenAI’s software is integrated into the products at the operating system level.