The Latest Breaking News from Semiconductor

He's cutting bait — at least for now — on the broader U.S. Innovation and Competitiveness Act (USICA).

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.

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.

The Biden administration and Democrats are warning of dire consequences if Congress fails to act on computer chips legislation

Concerns about rising inventories in the semiconductor industry have led to worries about order cancellations.

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.

McConnell floats having House pass Senate version or moving $52 billion for semiconductor subsidies separately.

With second-quarter earnings season for semiconductor stocks set to begin Thursday, analysts are adjusting their forecasts for chip stocks.

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…