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The New Star on the Political Scene: The Chip Industry

Dec. 28, 2023 11:00 pm ETSemiconductors have played the starring role in state visits. Nvidia’s chief executive was feted by heads of state like a visiting dignitary. Government delegations have shuttled around the globe hobnobbing with chip makers. For an industry that suddenly finds itself as a geopolitical showpiece, the attention is a mixed bag.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Dec. 28, 2023 11:00 pm ETSemiconductors have played the starring role in

The AI Boom Isn't Breaking the Memory-Chip Slump—Yet

Samsung Electronics forecast a 96% drop in its operating profit for its second quarter—a sign that even the world’s largest maker of memory chips isn’t able to capitalize on the moment. Samsung Electronics forecast a 96% drop in its operating profit for its second quarter—a sign that even the world’s largest maker of memory chips isn’t able to capitalize on the moment. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

China's New Chip Ban on Micron Puts South Korea in a Delicate Spot

A new Chinese clampdown on U.S. chip giant Micron Technology has put South Korea into an uncomfortable position. A new Chinese clampdown on U.S. chip giant Micron Technology has put South Korea into an uncomfortable position. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…

Memory-Chip Makers Say Recovery Is in Sight After Long Slump

The world’s top memory-chip makers, struggling with the deepest industry downturn in more than a decade, say the worst may soon be over as customers come back and cuts in production and investment help counter a supply glut. After reporting a $3.4 billion operating loss in the first quarter in its semiconductor division, Samsung Electronics Co. said Thursday that demand for memory chips was expected to gradually recover in the second half of the year after a prolonged slide. The…

For Chip Makers, a Choice Between the U.S. and China Looms

WASHINGTON—Semiconductor companies seeking federal grants under the Chips Act could face a tough decision: take Washington’s help to expand in the U.S., or preserve their ability to expand in China.  Some of the proposed restrictions, known as the China guardrails, were tougher than industry executives, lawyers and national-security analysts say they had expected—both for leading-edge semiconductor plants needed for advanced military weapons systems as well as factories making so-called legacy chips used in consumer…

South Korea Says U.S. Chips Act Subsidies Have Too Many Requirements

SEOUL—The U.S. Chips Act is dangling billions of dollars in subsidies in front of the world’s biggest semiconductor manufacturers, but South Korea says there are too many strings attached.The conditions for receiving the subsidies unveiled last week are putting two of South Korea’s biggest chip makers— Samsung Electronics Co. and SK Hynix Inc. 000660 -0.89% —in a difficult position as they decide whether to apply for the federal…

Chip Maker SK Hynix Slashes Capital Spending

SEOUL—SK Hynix Inc., one of the world’s biggest chip makers by revenue, halved its planned investments for next year due to deteriorating market conditions, as the semiconductor industry’s downturn continues.Predicting a prolonged oversupply of memory chips, the South Korea-based SK Hynix said it would cut capital expenditure by more than 50% from the current year. The company said its 2022 spending would be between 10 trillion and 20 trillion won, equivalent to between $7 billion and $14 billion. SK Hynix is a major…

Samsung, TSMC Win Exemption From New U.S. Chip Restrictions on China

Samsung Electronics Co. has been granted a one-year exemption from new U.S. curbs on China’s chip industry, according to people familiar with the matter, joining a list of semiconductor companies that have received dispensation. The U.S. Department of Commerce granted Samsung authorization to continue receiving chip-making equipment and other items needed to maintain its memory-chip production in China, the people said. The South Korean company…

SK Hynix Gets One-Year Reprieve From U.S. Chip Restrictions on China

SEOUL—South Korean memory-chip maker SK Hynix Inc. 000660 4.21% received a one-year exemption from new U.S. restrictions blocking exports of advanced chips and related equipment to China, a sign of Washington’s willingness to offer reprieves that help minimize potential disruption to global semiconductor production.The new rules, unveiled Friday by the Commerce Department, add new license requirements for advanced semiconductors and chip-making equipment destined to a…