|Bid||117.03 x 800|
|Ask||117.01 x 800|
|Day's range||116.66 - 118.38|
|52-week range||75.98 - 142.20|
|Beta (5Y monthly)||1.01|
|PE ratio (TTM)||30.46|
|Forward dividend & yield||1.78 (1.53%)|
|Ex-dividend date||17 Jun 2021|
|1y target est||140.62|
Earlier this year, IBM (NYSE: IBM) claimed to have developed the world's first 2nm chip technology. Let's take a look back at Big Blue's chipmaking breakthroughs, why investors were indifferent to those milestones, and whether or not these announcements actually matter to the company's future. The AIM alliance introduced PowerPC as an alternative chip architecture to challenge Intel's (NASDAQ: INTC) dominance of the CPU market.
The past five years were rough for Intel (NASDAQ: INTC), the world's largest manufacturer of x86 CPUs for PCs and data centers. It fell behind Taiwan Semiconductor Manufacturing Company (NYSE: TSM) and Samsung in the "process race" to create smaller and more advanced chips, and its constant delays and chip shortages resulted in massive market share losses to AMD (NASDAQ: AMD). Intel also abandoned the mobile market by scrapping its smartphone chips and baseband modems, and it made scattershot investments in programmable chips, Internet of Things (IoT) chips, and automotive chips -- none of which resolved the company's core problems.
TSMC does not expect the incident to have significant impact on operations, it said in an emailed statement to Reuters. "To ensure that there will be no issues with production quality, TSMC is currently carrying out stringent follow-up operations," the company added. Apple did not immediately respond to Reuters' request for comment.