Latest Computer hardware manufacturing News

Dell, Williams-Sonoma rise; Nordstrom, Salesforce fall

May. 29, 2020 4:21 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Salesforce.com Inc., down $6.31 to $174.79. The cloud-based software company cut its full year financial forecasts because of the virus pandemic's impact. VMware Inc., up $13.83 to $156.27. The cloud-based software company...

FILE - In this March 18, 2019, file photo, the logo for IBM appears above a trading post on the floor of the New York Stock Exchange.  IBM says it’s laying off an undisclosed number of workers across the U.S., according to the Wall Street Journal and other reports.  (AP Photo/Richard Drew, File)

IBM cuts jobs around U.S. as new CEO looks for revival

May. 22, 2020 4:55 PM EDT

ARMONK, N.Y. (AP) — IBM told the Wall Street Journal it is laying off an undisclosed number of workers across the U.S. IBM representatives didn't return numerous calls and emails Friday to confirm the job cuts, which were also reported by Bloomberg. The already-struggling tech giant's new CEO Arvind...

A man wearing a face mask to protect against the coronavirus walks past a Huawei retail store in Beijing on Monday, May 18, 2020. China's commerce ministry says it will take

U.S. restriction on chipmakers deals critical blow to Huawei

May. 18, 2020 6:23 AM EDT

HONG KONG (AP) — The latest U.S. sanctions on tech giant Huawei threaten to devastate the company and escalate a feud with China that could disrupt technology industries worldwide. Huawei Technologies Ltd. is one of the biggest makers of smartphones and network equipment, but that $123 billion-a-year...

FILE - In this March 8, 2019, file photo, A logo of Huawei retail shop is seen through a handrail inside a commercial office building in Beijing.  The U.S. government is imposing new restrictions on Chinese tech giant Huawei by limiting its ability to use American technology to build its semiconductors. The Commerce Department said Friday, May 15, 2020 the move aims to cut off Huawei’s undermining of existing U.S. sanctions.  (AP Photo/Andy Wong, File)

China warns US of 'all necessary measures' over Huawei rules

May. 17, 2020 11:51 PM EDT

BEIJING (AP) — China’s commerce ministry says it will take “all necessary measures” in response to new U.S. restrictions on Chinese tech giant Huawei’s ability to use American technology, calling the measures an abuse of state power and a violation of market principles. An...

FILE - In this March 8, 2019, file photo, A logo of Huawei retail shop is seen through a handrail inside a commercial office building in Beijing.  The U.S. government is imposing new restrictions on Chinese tech giant Huawei by limiting its ability to use American technology to build its semiconductors. The Commerce Department said Friday, May 15, 2020 the move aims to cut off Huawei’s undermining of existing U.S. sanctions.  (AP Photo/Andy Wong, File)

US adds new sanction on Chinese tech giant Huawei

May. 16, 2020 2:38 AM EDT

BOSTON (AP) — The U.S. government has imposed new restrictions on Chinese tech giant Huawei's ability to use American technology, stepping up a conflict with Beijing over industry development and security. Commerce Secretary Wilbur Ross said Friday that Washington wants to prevent Huawei from evading...

Taiwan company to build semiconductor factory in Arizona

May. 14, 2020 10:46 PM EDT

PHOENIX (AP) — A Taiwan-based maker of silicon chips plans to build an advanced semiconductor factory in Arizona, Gov. Doug Ducey announced Thursday night. In a statement, Ducey said the Taiwan Semiconductor Manufacturing Company’s project will create more than 1,600 new high-tech jobs in the state....

Virtusa, Penske fall; Cisco Systems, Flowers Foods rise

May. 14, 2020 4:19 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Cisco Systems Inc., up $1.90 to $43.85. The seller of routers and switches reported surprisingly good fiscal third-quarter results and gave a solid profit forecast. Mastercard Inc., up $8.15 to $277.31. The payment processor...

Co-owners Niccolo Angius, right, and Giuseppe Capasso measure available space in their outdoor seating area as they devise a plan to reopen their Cesarina restaurant Tuesday, May 12, 2020, once it is allowed by local authorities in San Diego. California is recommending restaurants screen guests for symptoms, have servers wear masks and keep diners at least six feet (1.8 meters) apart o prevent the spread of the coronavirus once they reopen. (AP Photo/Greg Bull)

California diners may be screened for virus before seated

May. 12, 2020 7:48 PM EDT

HUNTINGTON BEACH, Calif. (AP) — California wants restaurants to screen guests for symptoms, have servers wear masks and keep diners at least 6 feet (1.8 meters) apart under guidance released Tuesday to prevent the spread of the coronavirus. Gov. Gavin Newsom's administration didn't set a strict limit on...

FILE - In this Oct. 3, 2018, file photo the Intel logo appears on a screen at the Nasdaq MarketSite, in New York's Times Square. Intel is talking to the Trump administration about building a new semiconductor plant in the United States amid concern about relying on suppliers in Asia for chips used in a wide variety of electronics. (AP Photo/Richard Drew, File)

Semiconductor companies consider new plants in the U.S.

May. 10, 2020 7:42 PM EDT

NEW YORK (AP) — Intel and a Taiwanese company are talking to the Trump administration about building new semiconductor plants in the United States amid concern about relying on suppliers in Asia for chips used in a wide variety of electronics. A spokesman for Intel, the biggest American chip maker, said...

FILE - In this Oct. 3, 2018, file photo the Intel logo appears on a screen at the Nasdaq MarketSite, in New York's Times Square. Intel said Monday, May 4, 2020 that it has purchased Israeli urban mobility startup Moovit for $900 million. The California-based chipmaker said the purchase buttresses its plan to become a “complete mobility provider.” The acquisition deepens Intel’s reach in Israel, where the company has spent billions buying other companies, and where it has a chip-making factory. (AP Photo/Richard Drew, File)

Intel buys Moovit app for $900M to boost bet on robotic cars

May. 4, 2020 5:52 PM EDT

BERKELEY, Calif. (AP) — Intel is buying transportation-planning service Moovit for $900 million as the world's largest computer chip maker moves further down the road in its effort to build self-driving cars. The deal announced Monday gives Intel another tool to use in its push to become a major player in...