Business

Kansas commits $304M to chip plant to lure federal funds

Kansas plans to give $304 million in taxpayer-funded incentives to a semiconductor company in its largest city to build a huge new factory, but the project won't go forward without funds the U.S. government has promised for ...

Business

Chip giant TSMC shares surge on Buffett stake

Shares in Taiwan's TSMC soared on Tuesday after Warren Buffett's Berkshire Hathaway confirmed it had taken a close to $5 billion stake in a major boost of confidence for the semiconductor giant.

Business

Biden hails IBM's $20 bln investment announcement

IBM hosted US President Joe Biden Thursday to celebrate the announcement of a $20-billion investment in semiconductors, quantum computing and other cutting-edge technology in New York state.

Electronics & Semiconductors

Micron to bring microchip plant to upstate New York

Micron, one of the world's largest microchip manufacturers, announced Tuesday it would open a semiconductor plant in upstate New York, promising a long-term investment of up to $100 billion and a plant that could bring 50,000 ...

Business

What's happening with the semiconductor chip shortage?

Chances are you've either heard of the global semiconductor chip shortage or been personally affected by it when looking into purchasing a new or used vehicle over the last year and a half. Two faculty members in the Department ...

Business

Nokia 3Q profit beats expectations despite chip shortage

Wireless and fixed-network equipment maker Nokia on Thursday reported third-quarter profit above analyst expectations on increasing sales of 5G technology and trimmed costs, but the company warned that the global shortage ...

Business

Foxconn subsidiary hit as Taiwan virus cluster grows

A subsidiary of Taiwan's tech giant Foxconn said Tuesday it has temporarily suspended operations after six foreign workers tested positive for COVID-19 in the latest outbreak within the industry.

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