63.55 F
New York
October 22, 2021

Chip

Intel shares sink as chipmaker predicts lower margins in years ahead

Reuters
Visitors are seen at the Intel booth during the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. Picture taken July 30, 2021. REUTERS/Aly Song/Files Oct 21 (Reuters) – Intel Corp (INTC.O) on Thursday forecast lower profit margins for years to come as......

Western Digital talks to merge with Kioxia stall – sources

Reuters
A Western Digital office building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo Oct 21 (Reuters) – Western Digital Corp’s (WDC.O) talks to merge with Japanese chipmaker and partner Kioxia Holdings Corp have stalled over the last few weeks, two people familiar with the matter told......

Intel shares fall after company blames shrinking PC chip business on component shortages

CNBC
CNBC – For more and to sign up click here Pat Gelsinger Horacio Villalobos | Corbis News | Getty Images Intel shares fell more than 6% on Thursday on a weaker-than-expected sales report and after the company blamed an industry-wide component shortage for its PC chip business shrinking 2% during......

EXCLUSIVE Huawei, SMIC suppliers received billions worth of licenses for U.S. tech

Reuters
WASHINGTON, Oct 21 (Reuters) – Suppliers to Chinese telecoms giant Huawei and China’s top chipmaker SMIC got billions of dollars worth of licenses from November through April to sell the firms goods and technology despite being on a U.S. trade blacklist, documents released by Congress and seen by Reuters showed......

Tesla Reports Record Quarterly Deliveries Amid Chip Scarcity

New York Times
Even as more established automakers reported slowing sales because of supply constraints, Tesla said Saturday that it achieved a healthy increase in worldwide deliveries of its electric cars in the third quarter. The company said it delivered 241,300 vehicles in the three-month period, its highest quarterly total so far. It......

Why it’s not possible for the Covid vaccines to contain a magnetic tracking chip that connects to 5G

CNBC
CNBC – For more and to sign up click here Among the conspiracy theories circulating about the coronavirus pandemic, one claim is that Covid-19 vaccines contain microchips that the government or global elites like Bill Gates would use to track citizens. Despite viral videos claiming a chip in the vaccine......

Chip shortage tanks GM’s third quarter sales

CNBC
CNBC – For more and to sign up click here An American flag flies at a Chevrolet dealership on August 4, 2021 in Glendale, California. In spite of a computer chip shortage, General Motors (GM) posted a $2.8 billion net profit in the second quarter. Mario Tama | Getty Images......

Malaysia’s help needed to ease global chip shortage, Taiwan says

Reuters
A 12-inch wafer is seen at Taiwan Semiconductor Manufacturing Co. (TSMC) in Hsinchu June 15, 2010. REUTERS/Pichi Chuang TAIPEI, Oct 1 (Reuters) – Malaysia’s help is needed to resolve the global shortage of auto semiconductors, especially when it comes to packaging, a sector affected by the country’s COVID-19 curbs, Taiwan......

U.S. auto sales forecast to plummet in third quarter as chip shortage plagues industry

CNBC
CNBC – For more and to sign up click here Honda Motor Co. vehicles at an AutoNation car dealership in Fremont, California, U.S., on Monday, Feb. 15, 2021. AutoNation Inc. is scheduled to release earnings figures on February 16. David Paul Morris | Bloomberg | Getty Images DETROIT – U.S.......

Samsung Electronics close to finalising $17 bln Texas chip plant -sources

Reuters
SEOUL/SAN FRANCISCO, Sept 29 (Reuters) – Samsung Electronics Co Ltd (005930.KS) is close to finalising the construction of a $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said. Samsung told Reuters that it is continuing due diligence in......

Critical chip machine maker ASML predicts a sales boom over the next decade

CNBC
CNBC – For more and to sign up click here ASML Holding Semiconductor company logo seen displayed on smart phone. ASML is a Dutch company and currently the largest supplier in the world of photolithography systems for the semiconductor industry. ( SOPA Images | LightRocket | Getty Images ASML has......

ASML hikes financial forecasts, sees sales of $28-35 bln by 2025

Reuters
AMSTERDAM, Sept 29 (Reuters) – ASML Holding NV (ASML.AS), one of the key suppliers to computer chip makers, increased its financial forecasts on Wednesday and said it would have revenue growth of around 11% annually through 2030 amid booming demand for its products. In a pre-market statement, the company estimated......

ASMI plans expansion as it sees more interest in chips

Reuters
To expand sites in Finland, United States, South Korea Sees annual revenue of 2.8-3.4 bln euros by 2025 Lifts Q3 order intake guidance to over 600 mln euros Sept 28 (Reuters) – Dutch semiconductor equipment maker ASM International (ASMI.AS) plans to step up innovation and production, it said on Tuesday,......

Analysis: Huawei CFO’s admissions won’t help U.S. in its case against the company -legal experts

Reuters
Sept 28 (Reuters) – The admission by Huawei’s chief financial officer that she misled a bank about the company’s business dealings in Iran likely won’t help the United States as it continues to prosecute Huawei for the same charges. While Meng Wanzhou’s admissions last week go to the heart of......

U.S. citizens blocked from leaving China return home after three years

Reuters
Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo WASHINGTON, Sept 27 (Reuters) – Two American siblings prevented from leaving China since 2018 returned to the United States over the weekend, according to a U.S. official, their release......

U.S. citizens blocked from leaving China return home after three years

Reuters
Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo WASHINGTON, Sept 27 (Reuters) – Two American siblings prevented from leaving China since 2018 returned to the United States over the weekend, according to a U.S. official, their release......

AMD CEO Lisa Su says chip shortage likely to end next year

CNBC
CNBC – For more and to sign up click here Lisa Su, CEO, AMD Scott Mlyn | CNBC The global chip shortage will become less severe in the second half of 2022, AMD CEO Lisa Su said on Monday, though she warned that the first half of the year will......

Some Apple, Tesla suppliers suspend production in China amid power pinch

Reuters
Sept 27 (Reuters) – Several Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) suppliers have suspended production at some Chinese factories for a number of days to comply with tighter energy consumption policies, putting supply chains at risk in the peak season for electronics goods. Two major Taiwanese chipmakers, however, said......

China welcomes Huawei executive home, Trudeau hugs Canadians freed by Beijing

Reuters
SHENZHEN, China/TORONTO, Sept 25 (Reuters) – Huawei Chief Financial Officer Meng Wanzhou arrived in China on Saturday, ending her near three-year U.S. extradition fight, the same day two Canadians detained by Beijing for more than 1,000 days returned home, potentially paving the way for improved ties between China and the......

Huawei CFO strikes agreement with U.S. over fraud charges, allowing her to leave Canada

Reuters
Sept 24 (Reuters) – Huawei Chief Financial Officer Meng Wanzhou has reached an agreement with U.S. prosecutors to end the bank fraud case against her, officials said on Friday, a move that should allow her to leave Canada and relieve a point of tension between China and the United States.......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More