Microchip Financial News

Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes of attracting new foreign investments and jobs to their landlocked states

BEIJING (Reuters) — China's exports of germanium and gallium products in August plunged to zero，customs data showed on Wednesday, due to new export controls on the two chipmaking metals.

Inflation has cooled, but it will need to get cooler still for Federal Reserve policy makers to start feeling comfortable. Can it? Overall consumer prices rose a seasonally adjusted 0.6% in August from July, the Labor Department reported on Wednesday, putting them 3.7% above their year-earlier level. Much of that monthly gain came from the jump in gasoline prices, though.

Taiwan will remain the world’s “indispensable and irreplaceable” source of the world’s most advanced microchips, the island’s US representative said, even as the Washington looks to ease its reliance on foreign partners for semiconductors.Hsiao Bi-Khim, the Taiwan government’s top emissary to the US, said Taiwan Semiconductor Manufacturing Co.’s move to build chip-making facilities in the US is an “important effort to further consolidate secure and stable supply chains.” At the same time, “we still see Taiwan as indispensable and irreplaceable,” Hsiao said in an interview on Bloomberg Television with Annmarie Hordern and Joe Mathieu. “It’s taken us decades to build the ecosystem that fosters the environment for very competitive production of semiconductor chips.” “As of now we don’t see anyone replacing that capacity that Taiwan has built over the years,” she said.TSMC, the world’s leading chipmaker, has committed to building a $12 billion facility in Arizona with the goal of making high-end semiconductors on American soil by late 2024.

Narendra Modi and US President Joe Biden reaffirmed their nations’ close ties and commitment to developing robust global semiconductor supply chains during their meeting before the G20 Leaders’ Summit in New Delhi, building on discussions from their June bilateral meeting. Biden also reiterated America’s support for India’s longstanding demand for a permanent seat on the UN Security Council and expressed support for India’s candidacy for another term in the UNSC as a non-permanent member in 2028-29.

Narendra Modi and US President Joe Biden picked up from where they left off in June during their bilateral meeting on Friday in advance of the G20 Leaders’ Summit in New Delhi. “The leaders called on their governments to continue the work of transforming the India-U.S.

Galgotias University claims to have garnered one million applications for the academic year 2023, with a significant portion of 6.5 Lakhs coming from CUET applicants. Uttar Pradesh leads the way with more than three lakh applications, closely followed by Delhi and Haryana, each contributing more than one lakh applicants, according to an official release. 

An ambitious but failed attempt by Russia to return to the moon after nearly half a century has exposed the massive challenges faced by Moscow’s once-proud space program

Luna-25 probe, which crashed onto the surface of the moon over the weekend, reflects the endemic problems that have dogged the Russian space industry since the 1991 collapse of the Soviet Union. Those include the loss of key technologies in the post-Soviet industrial meltdown, the bruising impact of recent Western sanctions, a huge brain drain and widespread corruption.Yuri Borisov, the head of the state-controlled space corporation Roscosmos, attributed the failure to the lack of expertise due to the long break in lunar research that followed the last Soviet mission to the moon in 1976. «The priceless experience that our predecessors earned in the 1960-70s was effectively lost,» Borisov said.

QR codes are also proliferating, including on individual portions of pre-sliced Prosciutto di San Daniele, a raw ham similar to Prosciutto di Parma. A smartphone can be used to show information such as how long the prosciutto has been aged and when it was sliced.

A Taiwanese microchip manufacturer building its first U.S. plant in Arizona has agreed to more scrutiny from the state when it comes to the safety of construction workers

non-peer-reviewed papers. If the researchers are right, it would be one of the biggest discoveries in physics in the past few decades. A Nobel prize would be a mere formality.

Data may or may not be ‘the new oil,’ but advanced microchips for digital devices are in geopolitical focus as the Indo-Pacific witnesses a contest of glares between China and the West over Taiwan, whose grip on the manufacture of these prized inputs has pushed both sides into a race for supply security. Globally, cutting-edge semiconductors are seen to underlie the current path of tech evolution. India’s effort to break into this field has faced setbacks like a proposed Foxconn-Vedanta venture coming apart, but Prime Minister Narendra Modi has signalled the government’s determination.

MILAN (Reuters) — Stellantis CEO Carlos Tavares said a production target of one million vehicles in Italy it is discussing with Rome was well within reach but it could not be a one-sided commitment and the government must support it.

On July 18, 1968, two brilliant engineers at Fairchild Semiconductor, Robert Noyce and Gordon Moore, came together to establish N.M. Electronics, which later became known as Intel Corporation (NASDAQ:INTC). Their first-year revenue was $2,672 – not bad for a start!

China's ambassador to the United States says it does not want a trade war but will retaliate against any further U.S. restrictions on technology and trade

China a systemic rival. The development is a reflection of the end of a period of peace and stability in Europe seen since the end of the Cold War. In fact, Czech-China relations have witnessed significant changes since 2021.

China's President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies curbs on Chinese access to advanced technologies. China should accelerate the upgrades of key technologies and core products, state-run Xinhua news agency reported on Friday, citing Xi during his visit to a company's high-tech manufacturing zone in eastern Jiangsu province.

China stated this week that it will put limits on the exportation of two rare metals widely used in producing semiconductors, in a move that will impact some U.S.-listed companies in the sector.

By Bansari Mayur Kamdar and Johann M Cherian

Investing.com — Global stocks search for direction with Wall Street set to remain closed on Tuesday for the July 4 holiday. Meanwhile, Meta gears up to release a platform to rival Twitter later this week in a bid to attract users unhappy with Elon Musk's management of the social media site. Elsewhere, China unveils export controls on two key minerals in the latest development of an ongoing war over microchips between Beijing and the West.