A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week. As Intel, Qualcomm and others report, investors will weigh how dampened consumer spending from inflation, … Read more
The US House of Representatives will soon introduce a bill to increase US competitiveness with China and boost federal spending on semiconductors, Speaker Nancy Pelosi said on Friday as the Biden administration seeks to boost domestic chip production. “The House will soon introduce its competitiveness bill,” she said in a note to Democratic colleagues. The … Read more
The US House of Representatives will soon introduce a bill to increase US competitiveness with China and boost federal spending on semiconductors, Speaker Nancy Pelosi said on Friday as the Biden administration seeks to boost domestic chip production. “The House will soon introduce its competitiveness bill,” she said in a note to Democratic colleagues. The … Read more
Intel will invest more than $7 billion (roughly Rs. 53,380 crore) to build a new chip-packaging and testing factory in Malaysia, Chief Executive Pat Gelsinger said on Thursday, expanding production in the country following a global shortage of semiconductors. The new advanced packaging facility in Malaysia is expected to begin production in 2024, he said. The … Read more