Chipmaker Intel to halt $25-billion Israel plant, news website says
By Ari Rabinovitch JERUSALEM (Reuters) - Intel Corp is halting plans for a $25-billion factory in Israel, Israeli financial news website Calcalist said on Monday, in a report that the chipmaker did not confirm or deny. The U.S. company, asked about the
Chipmaker Wolfspeed forecasts quarterly revenue below estimates as EV sales growth slows
By Akash Sriram (Reuters) - Chipmaker Wolfspeed forecast current-quarter revenue below estimates on Wednesday as automakers grapple with high inventory levels due to slower-than-expected EV sales growth. Shares of the company, which counts General Motors and Mercedes-Benz among its customers, fell about
Dutch chipmaker Nexperia hacked by cyber criminals
By Bart Meijer and Toby Sterling AMSTERDAM (Reuters) - Dutch-headquartered chipmaker Nexperia was victim of a hacking attack by cyber criminals last month, the Chinese-owned company said on Friday, and was investigating the incident with the help of outside specialists. "Nexperia has
Japan approves $3.9 billion in subsidies for chipmaker Rapidus
By Sam Nussey TOKYO (Reuters) - Japan's industry ministry said on Tuesday it has approved subsidies worth up to 590 billion yen ($3.9 billion) for chip foundry venture Rapidus as Tokyo pushes forward with plans to rebuild the country's chip manufacturing
Japan chipmaker Rapidus to open U.S. office by year-end
By Kaori Kaneko TOKYO (Reuters) - Japanese chip foundry venture Rapidus plans to open an office on the West Coast of the United States by the end of this year, TV Tokyo reported on Tuesday citing the company's president. "It is extremely
Taiwan’s land squeeze pits advanced chips against ancestral temples
By Sarah Wu HSINCHU/LONGTAN, Taiwan (Reuters) - Wearing rain ponchos and holding photos of their ancestral temples near Hsinchu, Taiwan's semiconductor capital, 40 residents braved lashing winds in early October to protest plans to take their rural land for cutting-edge chip
Chipmaker GlobalFoundries seeks funding under CHIPS Act
By Jaspreet Singh (Reuters) - Contract chipmaker GlobalFoundries said on Monday it has submitted applications for funding under the U.S. CHIPS act to expand capacity and modernize its local manufacturing facilities. The CHIPS and Science Act provides a total of $52.7 billion
Chip shortage in Germany’s car industry will last years
By Riham Alkousaa Chip shortage: BERLIN (Reuters) - Semiconductor shortages that have created bottlenecks for Germany's car industry will take years to resolve despite chipmakers' plans to build factories in the country, a senior Audi manager was quoted as saying on
Nvidia launches new AI chip configuration
By Max A. Cherney (Reuters) - Nvidia announced a new configuration on Tuesday for its advanced artificial intelligence chips that is designed to speed generative AI applications. The new version of the Grace Hopper Superchip boosts the amount of high-bandwidth memory, which