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Chip shortage will last beyond 2022 as demand far outstrips supply, Intel chief says
Pat Gelsinger, Intel's CEO, tells The Post there's no quick fix to a problem that has seen automakers around the world cut back on production......»»
Santa Clara-based GlobalFoundries plans big expansion, mulls IPO, amid chip shortage
CEO Tom Caulfield told CNBC that the manufacturing capacity of his Santa Clara-based company is totally booked amid a global chip shortage that has hampered production of everything from phones to cars......»»
Katzenberg’s WndrCo, Upfront invest in classic car startup
Jeffrey Katzenberg's investment fund WndrCo, Los Angeles-based Upfront Ventures, and rapper Nas are the lead investors in Rally Rd., a technology platform that lets people invest in blue chip, classic cars. The New York-based startup said it ra.....»»
4 Wall Street Blue Chip Giants Likely Raising Their Dividends This Week
After years of a low-interest rate environment, which has reversed significantly over the last two years, many invest.....»»
Sam Altman"s plans for AI"s next act keep getting more complex
A new report says the OpenAI chief is seeking to create a global coalition to address AI's chip shortage, energy demands and data needs. Sam Altman has been meeting business and government leaders in the UAE this week, according to Bloom.....»»
Opinion: Inflation isn"t the real problem for the U.S. economy. The housing shortage is
The Federal Reserve is keeping interest rates high to tame pri.....»»
Chip shortage pushes electric vehicle maker Lucid Motors to seek alternatives
The Newark-based electric vehicle maker is evaluating alternatives to the semiconductors it had planned to use......»»
Taiwan’s COVID-19 crisis could make global semiconductor shortage even worse
Taiwan is paying the price for a lack of vaccines, with a surge in virus cases that threatens to trigger a lockdown that could disrupt the chip industry that .....»»
Cisco can overcome global chip shortage, Barron"s says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Applied Materials Gives Bullish Forecast For Q3 After Reporting Earnings Beat, With Chip Shortage In Focus
Chip equipment maker Applied Materials I.....»»
Apple Supplier TSMC On How Repeat Of Crippling Chip Shortage Can Be Avoided In Future
Taiwan Semiconductor Manufacturing Co (NYSE: TSM) said the automotive industry needs to modernize its “Just-in-time” supply chain practices to avoid a similar semiconductor shortage as the ongoing one in the future, Reuters read more.....»»
Birmingham restaurants" new big problem? Not enough cooks in the kitchen
While unemployment claims in the restaurant industry are trending down, a shortage of employees has disrupted the Magic City’s restaurant scene – one of its most critical industries......»»
Earnings Results: Applied Materials reports record sales as chip shortage boosts equipment business
Applied Materials Inc. continued to benefit from the shortage in semiconductors at the start of 2021, as financial results beat expectations and shares moved higher in late trading......»»
Chip Shortage Enters "Danger Zone" As Lead Times Reach New Record
Chip Shortage Enters "Danger Zone" As Lead Times Reach New Record Semiconductor lead times, the time it takes for a company to order a chip and taking delivery, increased to 17 weeks in April, indicating shortages of these critical .....»»
Earnings Results: Cisco stock drops as higher costs amid chip shortage ding earnings outlook
Cisco Systems Inc. shares dropped in the extended session Wednesday as the company's earnings outlook fell short of Wall Street expectations because of higher costs from suppliers amid a global semiconductor shortage......»»
Ford to pause output at 8 North American plants amid chip shortage, CNBC says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Chip shortage continues to disrupt auto production
Car OEMs continue to see their production disrupted by the ongoing shortage of related chips and components, with some forced to suspend their output due to chip supply constraints, according to industry sources......»»
Silicon Chip Shortage Leads To Potato Chip Shortage: Farmers Halt Equipment Shipments To Dealers
Silicon Chip Shortage Leads To Pota.....»»
VW to halt production at Chattanooga plant due to chip shortage, Bloomberg says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Semiconductor Equipment Maker ASML Is at the Center of the Global Chip Shortage
I hope you’re no.....»»