Here you will find all the articles with the tag: chip industry.
Japan's Softbank acquired Arm in 2016 for $32 billion (€28.9 billion at the time). After being forced to call off a sale to Nvidia, it now opts to list the British chip designer on the Nasdaq. With the IPO set to take place Wednesday, it seems Softbank's adjusted expectations are also still too h... Read more
3 months ago
China plans to raise money for its national chip industry through state investment. The intended investment amount should be around 37 billion euros, Reuters writes based on sources. The so-called tech Big Fund, under the control of state investment vehicle China Integrated Circuit Industry Inve... Read more
3 months ago
An insider source told Bloomberg that the member states of the European Union have reached an agreement on the Chips Act. The Chips Act was proposed by the European Commission in February 2022. Brussels wants 20 percent of all chips worldwide to be produced in the European Union by 2030. The Ch... Read more
1 year ago
The management of chipmaker GlobalFoundries warned employees of upcoming layoffs. Inflation and energy prices are on the rise. Demand for chips declines as a result. GlobalFoundries is preparing for an uncertain period by cutting staff. The plan was announced in an email to employees on Friday ... Read more
1 year ago
ASML will repurchase €12 billion of its own shares between now and 2025. The share price rose 9.7 percent after the announcement. The Dutch giant shared the news ahead of an investor meeting. In addition to the buyback program, ASML predicted revenue of €30 billion to €40 billion by 2025.... Read more
1 year ago
The United States announced new regulations limiting the export of semiconductors and chip fabrication equipment to China. Website Protocol reports that some of the restrictions will go into action right away while others will be released in the following weeks. The first set of measures is aime... Read more
1 year ago
Samsung considers constructing new chip factories in Texas. The South Korean giant wants to invest approximately €197 billion ($200 billion). Samsung's plan isn't final yet, writes Bloomberg. The South Korean giant is working on a preliminary proposal. A total of 11 chip factories would be bui... Read more
1 year ago
Samsung's vice chairman travelled to the Netherlands to discuss its future with ASML. Samsung wants to produce groundbreaking microchips. The tech giant depends on a steady supply of ASML's equipment. Samsung is one of the world's largest chip manufacturers. Customers place orders, after which ... Read more
1 year ago
Dutch chip manufacturer NXP is negotiating tax breaks with Texan authorities in exchange for expanding its production capacity in Austin. According to Dutch media, the chip manufacturer wants to further expand its existing factories in Austin, the capital of Texas, US. NXP wants to invest roughl... Read more
2 years ago
NXP saw its turnover increase substantially in the first quarter of this year. In particular, automotive chipset sales grew strongly. In the first quarter of 2022, the chip manufacturer realised a total turnover of 3.14 billion dollars (2.99 billion euros) -- no less than a 22 percent increase ... Read more
2 years ago
