The announcement of CHIPS Act funding for a plant in Indiana means the United States will have attracted investment from the world’s top chipmakers.
Category: Computer Chips
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Nvidia Shares Tumble After Reports of a Chip Delay
The A.I. chip maker’s shares fell in early trading, but the stock pared some of its losses.
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Intel Will Cut More Than 15,000 Jobs
The Silicon Valley chip maker also reported a net loss and declining revenue in the latest quarter.
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Chip Shares Tumble, Dragging Wall Street to Its Worst Day in Weeks
The S&P 500 was on track for its worst day since April. The Nasdaq composite was down by the most since late 2022.
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Stocks on Wall Street Drop, Led by Semiconductor Shares
The S&P 500 was on track for its worst day since April. The Nasdaq composite was down by the most since late 2022.
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U.S. Creates High-Tech Global Supply Chains to Blunt Risks Tied to China
The Biden administration is trying to get foreign companies to invest in chip-making in the United States and more countries to set up factories to do final assembly and packaging.
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$504 Million
The total in federal grants to create a dozen “tech hubs” in regions beyond Silicon Valley and the coasts.
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Nvidia Becomes Most Valuable Public Company, Topping Microsoft and Apple
The chip maker’s stock price has jumped over the last year thanks to its stranglehold on the market for the chips needed to build A.I. systems.
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Lynn Conway, Computing Pioneer and Transgender Advocate, Dies at 86
She made significant contributions at IBM, but she lost her job because of her conviction that she inhabited the wrong body. She later fought for transgender rights.
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Samsung Faces First Strike in Its History
The South Korean tech giant is at odds with some of its employees as it is trying to reassure investors that its memory chip business can meet demand.