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Tag: chips
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…
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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,…
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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…
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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…
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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…
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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.…
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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…
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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…
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