The Latest Breaking News from Semiconductor

General Motors Co (NYSE:GM) provided a business update for 2Q22 and said its vehicle wholesale volumes were impacted by the timing of certain semiconductor shipments and other supply chain disruptions. The company said it had approximately 95 thousand vehicles in its inventory, manufactured mostly in June, without certain components. GM expects to complete…

The project is aimed at providing direct employment to over 5,000 people in the next five years

WASHINGTON — Republicans won’t back compromise legislation to boost domestic semiconductor manufacturing and U.S. competitiveness with China if Democrats continue to negotiate a partisan budget package that can pass without GOP support, Senate Minority Leader Mitch McConnell said Thursday.

Senate minority leader says GOP won't back legislation to boost domestic semiconductor manufacturing if Democrats push their budget package.

Senate Republican leader Mitch McConnell is threatening to derail a bill designed to boost semiconductor manufacturing in the United States if Democrats revive their stalled climate and social policy package

Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) gained ground in Thursday's session after gapping up to start Wednesday’s trading day and rallying 3% off the open.

The VanEck Semiconductor ETF (NASDAQ: SMH) is on pace for its worst month since 2008, and one investor doesn't see the chip stocks turning around anytime soon.

Semiconductor shortages will "still be a hurdle" for the car industry throughout the rest of 2022, Citroën CEO Vincent Cobée tells FRANCE 24. But he thinks 2023 could be a turning point. In the last 18 months, the EU has seen a "substantial acceleration" towards electric vehicles – Cobée says…

Samsung Electronics Co, Ltd (OTC:SSNLF) has begun commercializing 3-nm chips intensifying rivalry with the most significant contract chipmaker Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM). The first-gen 3-nm process can reduce power consumption by up to 45%, improve performance by 23%, and reduce the area by 16%. Samsung will begin with 3-nm semiconductors for high-performance and…

NXP Semiconductors (NXPI) saw its shares get crushed despite reporting strong top-line and bottom-line growth in the last reported quarter. While several analysts recently lowered their price target on the stock, given increased chip demands across industries, can the stock maintain its market standing? Let’s find out.

Samsung Electronics Co Ltd said on Thursday it has begun mass producing chips with advanced 3-nanometer technology, the first to do so globally, as it seeks new clients to catch far bigger rival TSMC in contract chip manufacturing. Compared with conventional 5-nanometer chips, the newly developed first-gen 3-nanometer process can…