Meta adds exec from key chip partner to board
By Max A. Cherney and Stephen Nellis (Reuters) - Meta Platforms on Wednesday added Broadcom CEO Hock Tan to its board of directors, bringing on the head of a company known for its networking chips. Broadcom is one of Meta's key partners
US to announce billions in subsidies for advanced chips
By Rishabh Jaiswal (Reuters) - President Joe Biden's administration is expected to award billions of dollars in subsidies in coming weeks to top semiconductor companies including Intel and Taiwan Semiconductor Manufacturing Co to help build new factories in the U.S., the
Foxconn to partner with India’s HCL Group for chip testing plant
Βy Kashish Tandon and Ben Blanchard BENGALURU/TAIPEI (Reuters) - Taiwan's Foxconn will partner with tech firm HCL Group for a semiconductor assembly and testing facility in India, the companies said on Thursday. The firms will set up an outsourced assembly and testing
US chip stocks tumble after strongest year since 2009
By Noel Randewich (Reuters) - U.S. chip stocks added to a string of losses on Wednesday, with Wall Street's main semiconductor benchmark tumbling from record highs following its strongest year since 2009, when the sector bounced back after the financial crisis. Drops