Tag: chips

Volkswagen strikes direct supply deals for chips to avoid global shortage

Volkswagen secures direct chip supply agreements to prevent a global shortfall

The automaker announced on Wednesday that it had started buying strategically significant semiconductors directly from ten suppliers, including NXP Semiconductors, Infineon Technologies, and Renesas Electronics. According to Karsten Schnake, leader…

Read More Arrow
Intel, Tower terminate $5.4 bln deal over regulatory hurdles

Due to regulatory obstacles, Intel and Tower cancel their $5.4 billion deal.

The proposed $5.4 billion merger between Intel and Israeli contract chipmaker Tower Semiconductor has been amicably cancelled since neither company was able to obtain regulatory approvals in a timely manner,…

Read More Arrow
The war in Ukraine has exposed a critical issue in the chip industry: a shortage of neon gas, a key material used in chip production. Ukraine is a major producer of this gas, and the conflict has highlighted the need to address the choke points in the chemical side of the chip industry.

Chip materials startup Impact Nano receives financing from Intel and Goldman Sachs

Impact Nano, a Massachusetts-based firm that creates specialized chemicals for the semiconductor industry and other markets, announced on Thursday that it had secured $32 million in funding from backers that…

Read More Arrow
Amid more sales confidence, chipmaker Intel Corp on Thursday projected second-quarter earnings below Wall Street projections, showing that the business is still having trouble turning a profit amid early indications of a revival in the demand for chips globally.

Intel’s profit outlook falls short of expectations, and shares drop.

Amid more sales confidence, chipmaker Intel Corp on Thursday projected second-quarter earnings below Wall Street projections, showing that the business is still having trouble turning a profit amid early indications…

Read More Arrow
US urges South Korea not to fill chip shortfalls in China if Micron banned

If Micron is blacklisted, the US advises South Korea not to make up any chip shortages in China.

The Financial Times reported on Sunday that the United States ordered South Korea to tell its chipmakers not to fill any market gaps in China if Beijing forbids the sale…

Read More Arrow

Biden administration issuing new childcare guidance for semiconductor chips subsidy program

The Biden administration on Monday will release new guidance for its $52 billion U.S. semiconductor manufacturing and research program detailing how companies seeking major awards must provide affordable high-quality childcare.…

Read More Arrow

Nvidia leads in AI chip race, results show positive growth

As the artificial intelligence boom takes off, Nvidia Corp is expected to emerge as the biggest - though not the only - winner among chipmakers after years of focusing on the…

Read More Arrow

Japan plans up to $500 MNL investment in manufacturing advanced chips

Japan said on Friday it will invest an initial 70 billion yen ($500 million) in a new semiconductor venture led by tech firms including Sony Group Corp (6758.T) and NEC Corp (6701.T) as it…

Read More Arrow
cool good eh love2 cute confused notgood numb disgusting fail