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New York Joins IBM, Micron in $10 Billion Chip Research Complex

Dec. 11, 2023 12:01 am ETNew York state is joining chip companies to invest $10 billion in a semiconductor research facility at the University at Albany that is set to include some of the most advanced chip-making equipment in the world.NY Creates, a nonprofit that oversees the Albany NanoTech Complex where the facility is to be built, will coordinate its construction. It will also use state funds to acquire chip-making equipment from ASML Holding, a Dutch company whose machines can cost hundreds of millions of dollars

Lost in the Night review – Amat Escalante’s Lynchian melodrama of Mexican corruption | Film

Amat Escalante is the Mexican film-maker who created the brutal and politically engaged crime drama Heli in 2013, for which he won the best director award in Cannes, and in 2016 the deeply strange body horror parable The Untamed which was a prizewinner at Venice. Now, after a stint on the streaming TV drama Narcos: Mexico he has directed and co-written this contorted Lynchian melodrama about Mexico’s corruption, cynicism and indifference, and all the secrets and lies that bloat the country’s ruling classes.Lost in the…

Applied Materials to Build $4 Billion Chip Research Facility in Silicon Valley

The aim is to speed development of advanced semiconductors through “inclusive innovation.” The aim is to speed development of advanced semiconductors through “inclusive innovation.” 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 authors. If you are the owner of the content and…

Stocks moving big after hours: DASH, AMAT, DKNG

Rafael Henrique | LightRocket | Getty ImagesCheck out the companies making headlines in midday trading.DoorDash — The online food delivery platform's shares jumped 7% after it reported a revenue beat and upbeat guidance. The company's fourth-quarter revenue came in at $1.82 billion, topping the $1.77 billion estimated by analysts polled by Refinitiv. Reported losses, however, were greater than analysts' projections, coming in at a per-share loss of $1.65 versus analysts' estimates of 68 cents.related investing newsTexas…

Nvidia, Applied Materials Warnings Cast Shadow on Chip-Earnings Season

Chip companies are facing a new period of tumult with a global semiconductor drought giving way to a sharp drop in demand for consumer electronics and new trade restrictions on China.U.S. curbs on exports of some of the most advanced chips to China unveiled less than two weeks ago have triggered a new round of profit warnings from semiconductor businesses and have prompted analysts to cut earnings forecasts for some of the companies designing chips and the tools to produce them. Applied Materials…

China Bets Big on Basic Chips in Self-Sufficiency Push

China is leading the world in building new chip factories, a step toward achieving more self-sufficiency in semiconductors that could eventually make some buyers reliant on China for many of the basic chips now in short supply.As chip makers race worldwide to boost production and ease supply shortages, no country is expanding faster than China, which is slated to build 31 major semiconductor factories, known as fabs, during the four years through 2024, according to the chip-industry group SEMI. That exceeds the 19 coming…

Chip Investment Decisions Await Congressional Action on $52 Billion Funding Bill

Political wrangling in Congress over government funding for the semiconductor industry is leaving tens of billions of dollars of potential factory projects hanging in limbo and could dent the ambitions of some political and industry leaders to recharge America’s chip-making prowess.Numerous companies are waiting for Congress to pass a $52 billion incentive package for chip production and research before committing to significant expansion efforts, according to company executives and funding proposal documents. The…

Applied Materials Defers Revenue as It Grapples With Parts Shortages

Applied Materials Inc. is temporarily missing out on quarterly revenue that it expects to recognize later in the year as the chip-equipment maker scrambles to secure the parts it needs to finish products.The Santa Clara, Calif.-based company is one of many manufacturers that are carrying additional inventory because of snags in the supply chain, including recent Covid-19 lockdowns in China, that are delaying critical components. For chip-equipment makers, customer demand is strong amid the…