Micron Technology buying Elpida for about $750M

Memory-chip maker Micron Technology Inc. has agreed to buy Elpida Memory Inc. for approximately $750 million in cash in a deal that would boost its wafer manufacturing capacity by about 50 percent.

Apple surpasses HP as largest buyer of chips

(AP) -- Driven by the success of the iPhone and iPad, Apple Inc. has become the world's largest buyer of chips for computers and phones, a research firm said Wednesday.

Dutch hi-tech group ASML notches up 'fantastic year'

Dutch computer chip maker and global hi-tech bellwether ASML Wednesday reported "a fantastic" 12 months with year-on-year profits almost doubling in 2017, sales on the increase and thousands of new jobs being created.

Hyundai says it will not bid for Hynix stake

South Korea's Hynix Semiconductor Wednesday lost its sole potential buyer after shipmaking giant Hyundai Heavy Industries said it would not bid for a stake in the world's second-largest memory chip maker.

EU drops Qualcomm antitrust probe

(AP) -- European Union antitrust regulators on Tuesday dropped a monopoly abuse probe into wireless chip maker Qualcomm Inc. after mobile phone companies withdrew complaints about high royalty fees.

Samsung's operating profit up 53 percent in 1Q

Samsung Electronics Co. said its operating profit last quarter rose 53 percent over a year earlier, outpacing expectations for what's normally a slow time for consumer electronics sales.

Chip maker Hynix to issue bonds worth $500 million

South Korea's Hynix Semiconductor, the world's second largest chip maker, said Thursday it would issue 500 million dollars of convertible bonds overseas, giving it a chance to expand as chip prices rise.

Texas Instruments 2Q profit falls 56 percent

(AP) -- Chip maker Texas Instruments says its second-quarter earnings fell 56 percent from a year ago, clipped by a weak economy that the company expects will "take some time" to strengthen.

Intel CEO: 'So far, so good' in 2Q

(AP) -- Intel Corp.'s CEO says chip orders have been "a little better than we expected" so far in the second quarter.

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