Intel to Invest at Least $20 Billion in U.S. Chip-Making Facility

Intel to Invest at Least $20 Billion in U.S. Chip-Making Facility

This post was originally published on this siteIntel plans to invest at least $20 billion in new chip-making capacity in Ohio, bolstering its semiconductor production ambitions as greater demand for digital products and a global chip shortage have amplified the need for more manufacturing.

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Toyota Profit Zooms Past Chip Shortage

Toyota Profit Zooms Past Chip Shortage

This post was originally published on this siteToyota Motor shrugged off the effects of a semiconductor shortage and reported higher profit in the most recent quarter as well as an improved forecast for the full fiscal year.

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Global Chip Crisis Hits Auto Makers Hard

Global Chip Crisis Hits Auto Makers Hard

This post was originally published on this siteContinuing disruptions from the Covid-19 pandemic and a worsening global semiconductor shortage hammered the automotive industry in the third quarter as the world’s largest car makers reported steep falls in earnings and production and dealers struggled to source models.

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