The world’s biggest chipmaker’s profit reaches $11.12bn, up from $6.93bn in Q1 2024; Company also give a bullish outlook for the year
semiconductor chip makers
Latest in semiconductor chip makers
China
China’s retaliation in the chip war with US will likely drive up prices
Beijing controls nearly 80% of gallium and 60% of germanium – two key metals needed to produce semiconductors
India
Indian government approves Micron’s $2.7bn chip testing plant: Report
Interestingly, the report comes at a time when the Indian Prime Minister Narendra Modi is on an official visit to the US
Micron Technology
CHIPS falls into place…Micron to invest $100 billion in New York state megafab site
With 2.4 million square feet area for four cleanrooms, the facility in Clay will be the world’s largest semiconductor manufacturing unit and create 50,000 jobs
automobile manufacturers
Car supply chain problems are ‘poised to continue through 2024’
Industry analysis shows that constraints will persist even though chip availability continues to improve, according to a global consulting firm
chip market
Brain drain poses systemic threat to technology industry, report says
There is a dearth of talent in the chip industry, which is currently facing a global shortage, who would further hardware innovation
manufacturing industry
Semiconductor shortage hits automobile, iPhone supply, unlikely to let up
Semiconductor prices have climbed since the last quarter of 2020 when Covid-19 exacerbated a shortage that was already emerging
Globalfoundries
Abu Dhabi’s GlobalFoundries files for an IPO, capitalising on chip boom
Company listed the size of its offering as $1 billion – a placeholder that will change when terms of the share sale are set
Globalfoundries
Abu Dhabi-controlled GlobalFoundries and partners invest $4bn in Singapore chip plant
When completed, GlobalFoundries’s Singapore facility should primarily serve smartphone and auto demand
Globalfoundries
GlobalFoundries taps Morgan Stanley for jumbo IPO
GlobalFoundries is backed by Abu Dhabi sovereign fund Mubadala Investment Co. Mubadala had started preparations for a U.S. IPO of the company and is in discussions with potential advisers
Abu Dhabi
Abu Dhabi’s Globalfoundries sues iPhone chipmaker rival over patent infringement
Globalfoundries – owned by Abu Dhabi’s sovereign wealth fund Mubadala – is seeking an import ban on iPhone parts
Computer processors
Fifty years of Intel – in pictures
Intel is marking its 50th Anniversary this year – here’s a look at some key moments in Intel history