chipmaker

The world’s largest auto supplier is expanding its semiconductor manufacturing capabilities to meet the growing demand for computer chips for electric vehicles. Bosch announced Wednesday that it is acquiring US chipmaker TSI Semiconductor and investing $1.5 billion to produce silicon carbide (SiC) semiconductors and enable the adoption of EVs. Bosch has been busy transforming its business as the auto industry shifts to sustainable, zero-emission EVs. Bosch has invested heavily in…

The United States asked South Korea to urge its chipmakers not to fill any market gap in China if Beijing bans memory chipmaker Micron Technology Inc from selling chips, the Financial Times reported on Sunday. The news comes ahead of South Korean President Yoon Suk Yeol's visit to the U.S. on Monday for a summit with President Joe Biden. Yoon's April 24-29 trip will be the first state visit to the U.S. by a South Korean leader since 2011 and will mark the 70th anniversary of the countries' alliance. Washington asked…

British chipmaker Arm Ltd is building its own semiconductor to showcase the capabilities of its products, as it seeks to attract new customers and fuel growth following its Initial Public Offering (IPO) later this year, the Financial Times reported on Sunday. Arm will team up with manufacturing partners to develop the new semiconductor, FT said, citing people briefed on the move, adding that the company has built a new "solutions engineering" team that will lead the development of these prototype chips for mobile…

British chipmaker Arm Ltd is building its own semiconductor to showcase the capabilities of its products, as it seeks to attract new customers and fuel growth following its Initial Public Offering (IPO) later this year, the Financial Times reported on Sunday.Arm will team up with manufacturing partners to develop the new semiconductor, FT said, citing people briefed on the move, adding that the company has built a new "solutions engineering" team that will lead the development of these prototype chips for mobile devices,…

The US Justice Department on Thursday said it has reached a settlement with memory chipmaker Micron Technology Inc to resolve an allegation of immigration-related employment discrimination."The settlement resolves the department's determination that Micron violated the Immigration and Nationality Act (INA) by discriminating against a US citizen when it failed to hire him for a position and instead hired a temporary visa worker," the Justice Department said in a statement.Micron will pay a civil penalty to the United…

ASML Holding NV beat first-quarter earnings forecasts on continued strong demand for its chip making equipment, but noted some signs of caution among customers. The comments from Europe's biggest tech firm follow news that Samsung will cut production because of a downturn in semiconductor demand, while memory chip makers SK Hynix and Micron have cut spending plans. ASML posted a threefold jump in net profit to 1.96 billion euros ($2.15 billion) on revenue up 91% at 6.74 billion euros. Analysts had forecast net profit of…

China's cyberspace regulator will conduct a cybersecurity review of products sold in the country by US memory chip manufacturer Micron Technology Inc, the regulator said on Friday. The move, which comes amid a spat over chip technology between Washington and Beijing, is aimed at protecting the security of the supply chain for critical information infrastructure, prevent hidden risks and safeguard national security, the Cyberspace Administration of China (CAC) said in a brief statement. It gave no other details, including…

China's cyberspace regulator will conduct a cybersecurity review of products sold in the country by US memory chip manufacturer Micron Technology, the regulator said on Friday.The move, which comes amid a spat over chip technology between Washington and Beijing, is aimed at protecting the security of the supply chain for critical information infrastructure, prevent hidden risks and safeguard national security, the Cyberspace Administration of China said in a brief statement.It gave no other details, including which Micron…

Micron Technology Inc on Tuesday forecast third-quarter revenue would tumble nearly 60% from a year earlier but the steep drop was in line with Wall Street expectations and company executives painted a rosy outlook for 2025 with artificial intelligence boosting sales. With a glut still nagging the chip industry, Micron expects the deepest revenue drop since 2001. Micron said it would keep investments at about $7 billion for fiscal year 2023, the lower end of a previously stated range. It will target a 15% headcount…

Britain's competition regulator said US chipmaker Broadcom's acquisition of VMware could make servers more expensive, and it would refer the $61 billion deal to an in-depth inquiry unless its concerns were addressed. Broadcom agreed to buy the cloud computing and virtualisation company last year to diversify into enterprise software. Britain's Competition and Markets Authority (CMA) said on Wednesday the deal could dampen innovation and drive up the cost of computer parts and software for servers. "Servers are a vital…