chip

The S&P 500 and the Nasdaq chain losses following the rise in unemployment insurance claims

The S&P 500 and the Nasdaq chain losses following the rise in unemployment insurance claims

Weekly jobless claims rise in line with estimates Moderna and Pfizer in place as FDA clears updated COVID boosters Exxon climbs after strengthening its buyback program Indices up: Dow 0.55%, S&P 0.75%, Nasdaq 1.13% Dec 8 (Reuters) – The S&P 500 (.SPX) ended higher on Thursday, ending a five-game losing streak as investors interpreted data …

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Tim Cook and President Biden came to Arizona to announce US-made chip plans

Tim Cook and President Biden came to Arizona to announce US-made chip plans

Apple plans to start using American-made processors after opening a new state-of-the-art chip factory in Phoenix, Arizona. For factory customers, which also include AMD and NVIDIA, the new facility means more secure chip supply and faster production times. Chipmaker TSMC also said today that it will begin construction of a second factory in Phoenix next …

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TSMC triples Arizona chip investment to $40 billion

TSMC triples Arizona chip investment to $40 billion

Taiwan Semiconductor Manufacturing Company to more than triple its investment in the US state of Arizona to $40 billion as geopolitical tensions push the world’s largest contract chipmaker to accelerate the diversification of its production facilities . TSMC is currently investing $12 billion in building a manufacturing or “fab” facility in Arizona that was originally …

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Globally critical chip firm drives rift between US and Netherlands over China tech policy

Globally critical chip firm drives rift between US and Netherlands over China tech policy

Dutch Prime Minister Mark Rutte speaks with US President Joe Biden. The United States pressured the Netherlands to block exports of high-tech semiconductor equipment to China. The Netherlands is home to ASML, one of the most important companies in the global semiconductor supply chain. Suzanne Walsh | AFP | Getty Images Washington has its sights …

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Elon Musk expects Neuralink brain chip to begin human trials in 6 months

Elon Musk expects Neuralink brain chip to begin human trials in 6 months

November 30 (Reuters) – Elon Musk said on Wednesday he expected a wireless brain chip developed by his company Neuralink to begin human clinical trials in six months, after the company missed the deadlines he had set. The company is developing brain chip interfaces that it says could help disabled patients move and communicate again, …

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Neuralink's brain chip plans: Help the blind see and the paralyzed walk

Neuralink’s brain chip plans: Help the blind see and the paralyzed walk

Neuralink, Elon Musk’s startup that hopes to link our brains directly to computers, showed progress in two medical areas on Wednesday: helping blind people see and helping people with spinal cord injuries walk. The company, one of five led by Musk, is working on technology to deposit thousands of electrodes thinner than a hair into …

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China enlists Alibaba and Tencent in fight against US chip sanctions

China enlists Alibaba and Tencent in fight against US chip sanctions

China has tapped tech giants Alibaba and Tencent to help it design semiconductor chips, as Beijing braces for new US sanctions aimed at suppressing Chinese computing power. The Chinese government has set up a consortium of companies and research institutes, including the Chinese Academy of Sciences, to create new intellectual property on the chips. Beijing …

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