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Earnings Results: Ford swings to Q1 profit, but expects $2.5 billion hit from chip shortage

Ford Motor Co. has one its best quarters on record, but the stock falls more than 3% in the extended session Wednesday after auto maker lowers guidance and says chip shortage will sting more......»»

Category: topSource: marketwatchApr 28th, 2021

Intel CEO Expects Global Chip Shortage To Last Another Two Years

Intel Corp. (NASDAQ: INTC) CEO Pat Gelsinger on Thursday warned the global semiconductor chip supply shortage could stretch two more years, The Wall Street Journal reported.  read more.....»»

Category: blogSource: benzingaApr 23rd, 2021

PC component shortage to start easing in 2Q22, says Foxconn chairman

Shortages of PC components should start easing in the second quarter of 2022, according to Young-Way Liu, chairman for Foxconn Electronics (Hon Hai)......»»

Category: topSource: digitimesApr 22nd, 2021

Volvo Expects Up To A Month Of Chip Shortage Downtime

Sweden's Volvo AB (OTC: VLVLY) expe.....»»

Category: earningsSource: benzingaApr 22nd, 2021

Foxconn chairman says expects "limited impact" from chip shortage on clients

The global spread of COVID-19 has increased demand for laptops, gaming consoles, and other electronics......»»

Category: topSource: foxnewsFeb 20th, 2021

Qatar Airways expects to re-open routes this month

Qatar Airways on Wednesday said it will start expanding its network this month in anticipation of countries easing travel restrictions that have halted global aviation......»»

Category: topSource: reutersMay 6th, 2020

Powerchip chair expects easing of coronavirus outbreak starting June-July

The coronavirus outbreak is expected to start easing between June and July, according to Frank Huang, chairman for Powerchip Semiconductor Manufacturing (PSMC)......»»

Category: topSource: digitimesMar 13th, 2020

Intel to start cutting-edge chip production in Arizona amid capacity constraints

Chipmaker Intel expects supply shortages to persist through the fourth quarter but officials hope that situation will subside throughout 2020. The company has already increased capacity for its 14-nanometer and 10-nanometer products by 25 percent .....»»

Category: topSource: bizjournalsOct 26th, 2019

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.....»»

Category: personnelSource: nytApr 12th, 2024

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......»»

Category: topSource: bizjournalsMay 25th, 2021

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 .....»»

Category: topSource: chicagotribuneMay 24th, 2021

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.....»»

Category: blogSource: theflyonthewallMay 22nd, 2021

Applied Materials Gives Bullish Forecast For Q3 After Reporting Earnings Beat, With Chip Shortage In Focus

Chip equipment maker Applied Materials I.....»»

Category: blogSource: benzingaMay 21st, 2021

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.....»»

Category: blogSource: benzingaMay 21st, 2021

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 .....»»

Category: smallbizSource: nytMay 19th, 2021

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......»»

Category: topSource: marketwatchMay 19th, 2021

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.....»»

Category: blogSource: theflyonthewallMay 19th, 2021

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......»»

Category: topSource: digitimesMay 19th, 2021

Silicon Chip Shortage Leads To Potato Chip Shortage: Farmers Halt Equipment Shipments To Dealers

Silicon Chip Shortage Leads To Pota.....»»

Category: smallbizSource: nytMay 18th, 2021

River City Recovery: Vested Metals enjoys great start to 2021

The St. Augustine-based company enjoyed its best first quarter in company history and expects to improve upon that performance this quarter......»»

Category: topSource: bizjournalsMay 18th, 2021