Intel has ruled out the possibility of building a factory in the UK, thanks to Brexit.
Intel has won part of a $100 million contract to build US-made chips for the Pentagon, a win for the company’s upcoming foundry division.
Toyota is the latest automaker to experience issues as a result of the semiconductor shortage, cutting production 40% in September.
Intel reported its Q2 results, beating expectations on strong semiconductor demand.
Intel may be making a major play in the semiconductor industry, attempting to purchase GlobalFoundries.
Semiconductor company Broadcom is reportedly in talks to purchase SAS Institute, in a deal worth $15 to $20 billion.
Qualcomm has its sights set on Apple, with plans to take on the company’s M1 processor.
Despite constrained inventory and a global semiconductor shortage, GM sold 40% more vehicles in its second quarter.