Intel’s $100 Billion Investment Push: A Bid for Semiconductor Supremacy
Intel Corporation (INTC.O) recently unveiled plans for a monumental $100 billion investment spree across four U.S. states, signaling its ambitious endeavor to build and expand factories. This strategic move comes on the heels of Intel securing a substantial $19.5 billion in federal grants and loans, with hopes of clinching an additional $25 billion in tax […]
Lam Research Forecasts Strong Q3 Revenue Amid Semiconductor Industry Rebound
Lam Research, a key player in the semiconductor manufacturing equipment industry, has forecasted third-quarter revenue that surpasses analysts’ estimates, showcasing a rebound in demand for electronics products and a recovery from the challenges faced in the previous year. The company experienced difficulties in 2023 due to an inventory buildup at chipmakers caused by decreased demand […]
ASML Faces Export Restrictions Amidst Strong Chinese Demand: Navigating the Semiconductor Landscape
ASML Holding NV, the Dutch semiconductor equipment manufacturer, is navigating a complex landscape of export restrictions and rising demand from Chinese chipmakers. The company’s CEO, Peter Wennink, recently confirmed that an additional ASML product, the 1980Di tool, will be affected by new U.S. export restrictions. This development comes in the midst of growing scrutiny and […]
Chip firm CXMT in dire straits with legislators chasing tails
On Tuesday, the chairman of the U.S. House of Representatives’ committee on China called for trade restrictions on Changxin Memory Technologies (CXMT), a Chinese memory chip maker. This request follows China’s recent ban on the sale of certain chips by Micron Technology Inc, a U.S.-based company. The trade dispute between the two largest economies in […]
Semiconductor base in China, by Merck
Merck KGaA have signed a contract to open a semiconductor base in the Chinese city of Zhangjiagang. This is their largest single electronics business investment in the country. The new 69-acre base will house production plants for thin film materials and electronic specialty gasses, warehouses, and operation centers.Merck China President Allan Gabor stated that China […]
The role of cloud in the datacentre revolution
The datacentre industry has been undergoing transformation. The global pandemic has delivered a whole new wave of disruption. Organisations are under increasing pressure to cut costs. Also, the ongoing hardware supply chain issues are impacting both existing datacentres and new builds. The global semiconductor shortage could stretch to 2023. Gartner predicts that, 80% of enterprises will shut down their […]
Production halt to be extended by Stellantis
Stellantis will extend its planned production stoppage at its Melfi plant in southern Italy, for about one week. This stoppage is due to a global microchip shortage, according to the FIM-CISL union. Melfi is one of the carmaker’s largest plants in Italy, coming after Stellantis. They said it was extending production halts at several plants […]
Covid fueled semiconductors crunch chips away at carmakers
In grim warnings, major carmakers including Toyota and Volkswagen offered fresh evidence that the auto industry remains firmly in the grip of an ongoing semiconductor chip shortage that shows no sign of abating. After being forced to close plants in this pandemic took hold, carmakers are now facing stiff competition from the sprawling consumer electronics […]
TSMC says has begun construction at its Arizona chip factory site
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has started construction at a site in Arizona where it plans to spend $12 billion to build a computer chip factory, said its chief executive. CEO C.C. Wei said at the company’s annual technology presentation to clients and investors that the planned factory remains on track to start volume production of […]
China’s SMIC raises revenue expectations following strong first quarter as chip shortage boosts demand
In this first half of the year, there is an increased demand for the chips. China’s Semiconductor Manufacturing International Corp (SMIC) said that the chip demand is exceeding the supply and the sales expectations are high. Zhao Haijun, co-chief executive of SMIC, said in a company earnings call that their current capacity could not fulfil […]