Once you pop, the fun(ding) don’t stop: A news roundup of all your favorite chips

Don’t lie to yourself, you love chips as much as we do. Grab a bag and crunch through this chip roundup.

August 30, 2018

Chips aren’t the sexiest thing out there — but they’re the magic beans behind all your favorite gadgets.

From old-school chips satisfying new cravings, to the consolidation of Big Chip factories, chips have made major headlines this week. Here’s a recap to satisfy your cravings for salty, silicon-y semiconductors.

AMD may be old, but it’s still got crunch

American Micro Devices is the definition of old-school (its logo hasn’t changed since 1969). But the company was the best-performing stock in the S&P this week. Shares are up 120% in 2018, way more than better-known rivals Nvidia (28%) and Intel (4%).

Micron’s ’Merican Manufacturing

Memory chipmaker Micron Technologies announced yesterday that it will spend $3B to expand a manufacturing facility in Virginia. The Boise-based manufacturer is the 4th-largest chipmaker in the world and one of the few with roots in the US — and the expansion will generate 1.1k new jobs.

Everyone is pulling their chips out of the same bag 

Intel and Samsung are fab (they fabricate chips in-house), but until recently “fabless” chipmakers like Qualcomm and Nvidia outsourced to 1 of 2 foundries. One of these, GlobalFoundries, just announced plans to downsize, meaning Taiwan’s TSMC will be getting a lot more business.

Also, people still really like potato chips

That’s right, you’re not the only one who still likes Lay’s: In the past 7 years, the market for good ol’ fried tater chips has grown at a snackable rate of 4%, pushing the global market for potato chips to $28B.

Join 1.5m+ professionals getting The Hustle daily news brief

Business and tech news in 5 minutes or less

100% free, no ads or spam, unsubscribe anytime


How'd Bezos build a billion dollar empire?

In 1994, Jeff Bezos discovered a shocking stat: Internet usage grew 2,300% per year.

Data shows where markets are headed.

And that’s why we built Trends — to show you up-and-coming market opportunities about to explode. Interested?

Join us, it's free.

Look, you came to this site because you saw something cool. But here’s the deal. This site is actually a daily email that covers the important news in business, tech, and culture.

So, if you like what you’re reading, give the email a try.

If you don’t like it, unsubscribe any time. Privacy policy.