Business

China demands US drop tech export curbs after Nvidia warning

The Chinese government on Thursday called on Washington to repeal its technology export curbs after California-based chip designer Nvidia said a new product might be delayed and some work might be moved out of China.

Business

Chipmakers' pandemic boom turns to bust as recession looms

Even in an industry famous for its rollercoaster cycles, chipmakers are bracing for a particularly severe shift in coming months, when a record-setting sales surge is threatening to give way to the worst decline in a decade ...

Business

Samsung Electronics forecasts 11.4% rise in 2Q profits

Samsung Electronics expects operating profits in the second quarter to rise 11.4 percent, the South Korean tech giant said in a statement Thursday, despite ongoing global supply chain woes.

Automotive

Stellantis CFO: Chip shortage impact remains 'controlled'

The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in first-quarter revenues, despite a drop in production due to the semiconductor shortage.

Business

Computer chip shortage may leave auto sector idling

What was initially downplayed as a brief hiccup in the supply of semiconductors looks more and more like a shortage that may last throughout the year in what would be a big blow to automakers.

Electronics & Semiconductors

Intel to supply self-driving systems for delivery trucks

Intel on Monday said it is supplying self-driving systems to Silicon Valley startup Udelv, which plans to have a fleet of autonomous delivery vehicles in action within two years.

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