Schumer tees up vote on limited China competition bill prioritizing semiconductor funding He's cutting bait — at least for now — on the broader U.S. Innovation and Competitiveness Act (USICA). Axios · Jul 14, 2022
Biden administration reviewing China chip export policies, official says The Biden administration is reviewing policies for the export of some semiconductor chips to China to ensure that advanced technological know-how does not ending up in Beijing, a top Commerce Department official said during a congressional hearing on Thursday. Reuters · Jul 14, 2022
Benzinga Before The Bell: Tesla's AI Exec Quits, Hyundai Unveils Ioniq 6 EV, Taiwan Semiconductor's Massive Q2 Profit Surge And Other Top Financial Stories Thursday, July 14 CNBC United Airlines, Pilots’ Union To Improve Agreement By Renegotiating Benzinga · Jul 14, 2022
Biden officials press Congress on chips bill as progress stalls WASHINGTON — The Biden administration and congressional Democrats are trying to break a deadlock on legislation aimed at enhancing U.S. competitiveness with China and boosting the domestic semiconductor industry, which has been stalled since Senate GOP leader Mitch McConnell threatened to scuttle the bill. Tribune News Service · Jul 13, 2022
No easy options as pressure to pass chips funding bill grows - Roll Call Bipartisan interest in moving a package of semiconductor manufacturing incentives outside of a stalled conference committee is growing. Roll Call · Jul 13, 2022
What Are Whales Doing With Taiwan Semiconductor Someone with a lot of money to spend has taken a bullish stance on Taiwan Semiconductor (NYSE:TSM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Benzinga · Jul 13, 2022
Dems stress national security as computer chips bill stalls The Biden administration and Democrats are warning of dire consequences if Congress fails to act on computer chips legislation The Independent UK · Jul 13, 2022
France says new semiconductor plant a major step froward for 'industrial sovereignty' Two major companies, one American and the other Franco-Italian have announced the creation of a semiconductor factory in southeast France. This came as French carmaker Renault said Tuesday that car sales fell in the first half of this year, impacted by the worldwide shortage of semiconductors. Radio France Internationale · Jul 13, 2022
Senate GOP pitches options for stalled competition bill - Roll Call McConnell floats having House pass Senate version or moving $52 billion for semiconductor subsidies separately. Roll Call · Jul 12, 2022
Is It Worth Adding These 2 Semiconductor Stocks to Your Portfolio This Summer? Despite the pressure from high inflation and supply chain disruptions, growing demand and surging investments to ramp up production should help the semiconductor industry perform well. Therefore, fundamentally sound chip stocks NVIDIA (NVDA) and Lattice Semiconductor (LSCC) could be good additions to your portfolio at their current price levels. Let’s… StockNews.com · Jul 11, 2022
Tim Ryan vows to hang McConnell's semiconductor gamble "around J.D. Vance's neck" The uncertain fate of the China competition bill is a worry for Ohio workers and candidates. Axios · Jul 10, 2022
For chips and budget packages, Democrats face choices Much of official Washington and interested observers outside the Beltway have been attempting to parse Senate Minority Leader Mitch McConnell’s bombshell last Thursday that appeared to drive a stake into bipartisan talks to pass a package of domestic semiconductor manufacturing incentives this summer. Tribune News Service · Jul 7, 2022
Decision on takeover of Newport Wafer Fab on national security grounds delayed Business Secretary Kwasi Kwarteng has confirmed a further 45 working days to assess the acquisition of Newport Wafer Fab, which is ultimately-owned by Chinese firm Wingtech Birmingham Post · Jul 7, 2022
4 Top Stocks with High Scores for Growth Concerns over the Fed’s aggressive interest rate hikes to curb the multi-decade inflation and the increasing odds of a recession have kept the stock market under massive pressure lately. Amid such an uncertain environment, stocks possessing impressive growth attributes, such as Broadcom (AVGO), Cirrus Logic (CRUS), Renesas Electronics (RNECF), and… StockNews.com · Jul 6, 2022
Roll Call · Jul 6, 2022 For chips and budget packages, Democrats face choices - Roll Call Possible pathways for Democratic leaders to salvage both the competitiveness bill and a skinnier version of a budget reconciliation package.
Tribune News Service · Jul 6, 2022 How a Texas town is making itself into an epicenter of the US semiconductor universe In downtown Sherman, Texas, markers explain the city’s past and restaurants and coffee shops boast about the historic buildings they call home.
StockNews.com · Jul 5, 2022 AMAT Crashed; This Semiconductor Stock is a Better Buy While heightened demand for advanced chips and considerable investments bode well for the semiconductor companies, continued supply shortage could mar the industry’s growth. Prominent industry player Applied Materials (AMAT) lost significantly this year due to the tech sell-off and doesn’t look well-positioned to rebound soon. On the other hand, Microchip…
Benzinga · Jul 5, 2022 Needham Slashes Revenue, Earnings Projections, Price Targets of Majority Semiconductor Stocks: Key Takeaways Needham analyst N. Quinn Bolton saw a slowdown in demand across most end markets coupled with several quarters of inventory purge is likely to significantly decrease semiconductor sales in C2H22 and 2023 from original base case estimates.
Benzinga · Jul 5, 2022 As Nvidia Stock Hovers Around 52-Week Lows, These Investors Remain Confident: Here's Why NVIDIA Corp. (NASDAQ: NVDA) shares hit 52-week lows on Tuesday, building on the VanEck Semiconductor ETF's (NASDAQ: SMH) worst week since January.
Benzinga · Jul 5, 2022 How Is The Market Feeling About Taiwan Semiconductor? Taiwan Semiconductor's (NYSE:TSM) short percent of float has fallen 47.62% since its last report. The company recently reported that it has 11.39 million shares sold short, which is 0.22% of all regular shares that are available for trading.
Benzinga · Jul 5, 2022 Check Out What Whales Are Doing With TSM A whale with a lot of money to spend has taken a noticeably bearish stance on Taiwan Semiconductor. Looking at options history for Taiwan Semiconductor (NYSE:TSM) we detected 13 strange trades.
StockNews.com · Jul 5, 2022 Better Buy: 2 Traditional Semiconductor Stocks Wall Street Likes Despite being walloped by rising interest rates and supply chain constraints, the surging demand for advanced and efficient semiconductor chips and rising investments should drive the semiconductor industry’s growth. Therefore, Wall Street analysts expect Advanced Micro Devices (AMD) and QUALCOMM (QCOM) to deliver solid returns. But which of these stocks…
StockNews.com · Jul 4, 2022 2 Buy-Rated Dividend Stocks - Which One has the Most Upside? The market is expected to remain under pressure due to the Fed’s rate hikes and the rising recession concerns. Amid this backdrop, dividend-paying stocks Broadcom (AVGO) and Shell (SHEL) are expected to gain investors’ interest due to their stable dividend payouts and high yields. Both the stocks are Buy-rated in…
The Independent UK · Jul 1, 2022 Chip shortage keeps driving up auto prices, cutting sales U.S. new vehicle sales tumbled more than 21% in the second quarter compared with a year ago as the global semiconductor shortage continued to cause production problems for the industry
Benzinga · Jul 1, 2022 Sensata Divests Qinex Business; Eyes Funding Electrification & Insights/IoT Sensata Technologies Holding PLC (NYSE:ST) sold its Qinex semiconductor thermal test and control business to Boyd Corporation for $219 million, including a small secondary closing. Sensata's Qinex business manufactures semiconductor burn-in test sockets and thermal control solutions. Sensata plans to continue manufacturing Qinex's products via a contract manufacturing deal with Boyd for 6…