chips

Intel shares leap after Trump says it’s working with Apple to make chips in the U.S.

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Intel shares jumped on Thursday after President Trump said on social media that the semiconductor giant will work with Apple to design and manufacture chips in the U.S. Intel’s stock rose $12.72, or 10.5%, to $133.82 shortly after trading opened on Thursday.  Apple did not immediately respond to a request for comment, while Intel said … Read more

Lay’s and Doritos maker to raise prices on small bags of chips

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PepsiCo — the company behind snack and beverage brands including Pepsi, Lay’s, Doritos, Gatorade and Quaker Oats — said it’s raising prices on some of its smaller chip bags just weeks after executives touted the success of earlier price cuts aimed at winning back cost-conscious shoppers. Subscribe to read this story ad-free Get unlimited access … Read more

Utz potato chips sold nationwide recalled over salmonella risk

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Utz Quality Foods is recalling some Zapp’s and Dirty brand potato chips due to potential salmonella contamination from an ingredient. The seasoning includes dry milk powder that could contain the organism, according to a May 4 recall notice from the U.S. Food and Drug Administration. Salmonella can cause serious and sometimes fatal infections in young … Read more

Three men charged with illegally smuggling advanced AI chips into China

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Three people affiliated with server maker Supermicro were charged Thursday in connection with allegations they conspired to smuggle advanced Nvidia chips into China, in violation of U.S. export controls barring their sale to China without a license. The indictment from the U.S. Attorney for the Southern District of New York alleges that Wally Liaw, Steven … Read more