U.S. chipmaker Texas Instruments will receive $1.6 billion in government funding to aid the company’s plans for new manufacturing plans.
The investment is part of the CHIPS Act that the U.S. government set up in an effort to boost the country’s semiconductor industry and end...
Samsung Electronics Co. saw its operating profit slump by 35% during the past quarter, registering its sixth consecutive quarterly decline. The South Korean company's stock fell by 2.5% on Tuesday following the announcement.
Operating income for the quarter was 2.8 trillion won ($2.1 billion)—24%...
While the United States is experiencing a boom in its semiconductor industry, following the passage of the CHIPS Act, this rise in the semiconductor trade is being threatened by an impending labor shortage.
Oxford Economics and the Semiconductor Industry Association released a report in July...
SoftBank Group Corp's Arm Ltd is expected to report a 1% fall in revenue for the year ended March 2023, ahead of the semiconductor's initial public offering (IPO) filing on Monday, a source familiar with the matter revealed. The company's revenue fell to $2.68...
Dutch semiconductor equipment manufacturer ASM International revealed on Tuesday that its new orders have almost halved over the second quarter due to a decline in demand as well as delays at its production facility.
New orders slumped from 942.7 million euros during the second quarter...
U.S. semiconductor toolmaker Applied Materials Inc announced on Monday that it plans to spend $4 billion on the construction of a research center in Silicon Valley that will be used to accelerate semiconductor manufacturing activities.
The world's biggest maker of tools used for chip manufacturing,...
