Chips

Musk set to tout Starlink progress as cost, demand hurdles linger

Don Joyce, a Nokia director working from home at a remote lake cottage in Canada, recently abandoned his painfully slow…

4 years ago

U.S. Commerce chief urges Congress to act on chip funding by August

U.S. Commerce Secretary Gina Raimondo on Monday urged U.S. lawmakers to complete action on a $52 billion boost in government…

4 years ago

Tech stock rally sends S&P 500 and Nasdaq to record highs

The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings…

4 years ago

Volkswagen’s Mexico unit says it will resume production that was hit by chip shortage

Volkswagen AG's (VOWG_p.DE) Mexico unit said on Sunday it expects to restart production of three segments from next week and…

4 years ago

U.S. senators propose 25% tax credit for semiconductor manufacturing

A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress…

4 years ago

Ford sees better-than-expected quarterly profit on higher vehicle prices

Ford Motor Co (F.N) said on Thursday its second-quarter operating profit will exceed expectations due to lower costs and rising…

4 years ago

Mexican auto parts lobby sees chip supply crunch over by December

Mexico's main autopart association INA forecasts that the severe semiconductor chip shortage that has slammed the brakes on the global…

4 years ago

Biden supply chain ‘strike force’ to target China on trade

The United States will target China with a new "strike force" to combat unfair trade practices, the Biden administration said…

4 years ago

Nvidia asks Chinese regulators to approve $40 billion Arm deal – FT

Nvidia Corp (NVDA.O) has submitted an application to Chinese competition regulators to review a $40 billion takeover of UK chip…

4 years ago

Asia shares hesitate, China imports underpin resources

Asian shares turned sluggish on Monday as relief over a benign U.S. jobs report was chilled by caution ahead of…

4 years ago