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Apple's Made-in-the-USA chips signal a turnaround for the US' big semiconductor bet

TSMC's US chip production for Apple is "a success story," said an analyst. And it's key to the Bide…

Jacob Zinkula,Alistair Barr   


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2 mins read

Cabinet approves one more semiconductor unit in Gujarat, to be India's fifth

With the objective to develop a vibrant semiconductor ecosystem, the Union Cabinet chaired by Prime…

ANI   


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A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come

Around 7.2 million men have dropped out of the workforce. That has a host of consequences that coul…

Jennifer Sor   


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5 mins read

Nvidia's AI chips boom could help the Biden administration bring semiconductor jobs to the US

Surging demand for Nvidia's AI chips could spur job growth across the US semiconductor industry.

Jacob Zinkula   


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China's chip output shrinks as India, US ramp up local manufacturing

As India and the US double down on domestic semiconductor manufacturing, China witnessed its bigges…

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The world's biggest automaker said it will make fewer cars than expected this year due to the global semiconductor shortage

Toyota said Friday that it is suspending production lines at some of its plants this November amid …

Stephen Jones   


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Both used and new cars are going to cost even more in 2022, Goldman says

Car prices were a huge driver of inflation in 2021. Goldman sees the inflation peaking next year, b…

Ben Winck   


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1 min read

Tens of thousands of Teslas could be incapable of fully-autonomous driving because they lack a standard microchip, report says

Amid the global semiconductor shortage, Tesla decided not to tell customers a standard chip wasn't …

Kate Duffy   


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2 mins read

The average new car now costs more than $47,000. Don't expect them to get much cheaper anytime soon.

The price paid for a new car shot up more than $6,000 in 2021 and nearly $10,000 since 2019. Here's…

Tim Levin   


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1 min read

Apple, Samsung increased semiconductor spending in 2021 despite global chip shortage

Apple remained at the top of the semiconductor spending customer ranking in 2021, increasing its…

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A global shortage of semiconductor chips has hit production of heavy-duty trucks, a report says

Kenny Vieth, president of ACT Research, said that demand for trucks is strong, but that there is a …

Anna Cooban   


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1 min read

Despite a worldwide chip shortage, semiconductor sales cross $500 billion for the first time

Samsung Electronics regained the top spot from Intel for the first time since 2018, with revenue…

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A 2-year-old Toyota sold for $1,000 more than its original sticker price, revealing how short supply is turning the car market on its head

A supply crunch from factory closures and worldwide auto-chip shortages for new vehicles have pushe…

Anna Cooban   


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Americans are keeping their cars longer than ever before, as used-car prices hit record highs

The average US car was about 12-years-old in 2020, as COVID-19 shutdowns kept many people at home a…

Grace Kay   


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The ongoing chip shortage is expected to cost the auto industry $110 billion this year, almost double analysts' estimate from January

A consulting firm projects that nearly 4 million fewer vehicles will be sold this year, up from an …

Dominick Reuter   


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Tesla CEO Elon Musk says the auto chip shortage is like the toilet paper frenzy last year, only worse

Elon Musk said the shortage is pushing a buying frenzy that is only making the issue worse. Tesla i…

Grace Kay   


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Indian government to offer ₹76,000 crore incentive package for semiconductor manufacturing in India, report says

The semiconductor policy is said to “help deepen India’s manufacturing base,” according to t…

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1 min read

GM is following rival carmakers by shutting down some production lines because of the global semiconductor shortage

General Motors is cutting production in plants across North America due to the semiconductor shorta…

Aleeya Mayo   


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Indian government is reportedly working on a package to push semiconductor production in India

The Indian government is reportedly working on a multi-billion-dollar capital support and productio…

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The curious case of Russia's Palladium, Ukraine's Neon and Indian auto industry's pain

The industry body, Federation of Automobile Dealers Associations (FADA), has warned that t…