Asa Fitch is a reporter at The Wall Street Journal. He covers a range of topics including AI, finance, and technology, with a particular focus on markets, investment, and the Internet of Things. Asa's work has been featured in notable publications such as The Wall Street Journal, MarketWatch, Financial News, LiveMint, and Yahoo Finance.
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Asa Fitch's coverage focuses predominantly on the technology and finance sectors, with a significant emphasis on the chip industry. His articles encompass investment analysis, government announcements, and data citations.
Given this focus, Asa would likely respond well to pitches involving insights from experts in the tech or finance industries who can provide detailed analyses of market trends within the chip sector. Additionally, he may be interested in information related to new product developments or strategic moves made by major players like AMD, Nvidia, or Intel.
As his coverage encompasses world affairs as well as consumer electronics topics but does not specify any geographic focus other than mentioning specific locations such as Tennessee and New York; it is important to ensure that any pitches align with his broad international perspective while also considering potential local angles for relevance.
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Strategic missteps and the artificial intelligence boom have combined to reshape the fortunes of the U.S.'s most storied semiconductor company.
By: Asa Fitch, Jiyoung Sohn
Potential projects in the United Arab Emirates could be worth more than $100 billion, though major hurdles remain.
Nvidia is allying with Accenture to deploy thousands of consultants to encourage business adoption of AI tools, as the semiconductor company works to stoke demand for technology that has fueled massive buying of its chips. Under the partnership announced Wednesday, the IT consulting company will train some 30,000 employees on Nvidia’s artificial-intelligence tools and create a new Nvidia business division. An early focus for the partnership is on using generative AI agents to automate tasks, including in marketing and factory automation.
Dutch chip-making equipment giant ASML pointed to growing caution Tuesday among its customers as the overall chip market takes longer than expected to recover, even while AI chips remain in high demand. ASML shares fell more than 16% following the warning. Chip stocks including Nvidia, Intel, Advanced Micro Devices and Broadcom also declined.
By: Asa Fitch
The Chinese industry group said that Intel’s products have shown security vulnerabilities and high failure rates.
Advanced Micro Devices reported a sharp rise in quarterly sales driven by soaring demand for its AI chips and other products for data centers, but a slightly weaker-than-expected outlook sent its shares lower. AMD shares fell about 6% in after-hours trading following a report that included a record $6.8 billion of revenue for the third quarter and a projection of roughly $7.5 billion for the current quarter. Its competitor Nvidia dominates the AI chip market, but AMD has built a sizable business of its own.
By: Asa Fitch
The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 10% after hours.
Government officials and chip makers like Intel are in talks over billions of dollars aimed at growing domestic chip-making.
Qualcomm is aiming to become a big player in personal-computer chips, setting a target of $4 billion of revenue from that business in about five years' time. Qualcomm’s chips for laptops—a market where it competes with Intel and Apple—launched this summer. The company gave its 2029 fiscal year target for the business at an investor day Tuesday in New York, alongside a $4 billion goal for industrial chips and $2 billion for chips that go into virtual reality headsets and other similar devices.
The AI chip giant gave a strong outlook, pointing to healthy demand for next-generation chips.
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