The WSJ said Texas Governor Greg Abbott was scheduled to make an "economic announcement" on Tuesday at 5 p.m. (2300 GMT).
The situation underscores the challenges of the chip shortage, which has hobbled the tech and auto industries
The new factory had previously been announced last month by TSMC CEO C.C. Wei, although at the time, it had yet to be approved by TSMC's board of directors
Leading South Korean companies Samsung Electronics and SK hynix were set to hand over their semiconductor data to the US government by Monday (US time)
The advance added $80 billion to the company's valuation
Nintendo Co Ltd on Thursday cut its full year Switch sales forecast by 6%
The chipmaker is now more adept at getting its hands on scarce parts
Semiconductors are everywhere in products and devices that we use everyday as well as in infrastructure such as data centres.
Qualcomm projects that some demand-supply equilibrium may be achieved by early 2022, but shortage in automobile sector may last longer
Global majors such as Qualcomm, Intel, Mediatek, Infineon, and Texas Instruments have their research and development in India which contribute in the development of their chipsets.
Renault's production losses in 2021 due to a global semiconductor shortage will be far larger than previously forecast, the French carmaker said on Friday, though it maintained its profit outlook help
State planners have to balance their industrial ambitions with focus on lowering energy consumption and carbon emissions.
Automobile retailers are staring at huge losses this festive season as manufacturers struggle with vehicle dispatches to dealerships amid the ongoing semiconductor shortage crisis
The plant in Kumamoto, southern Japan, is expected to produce semiconductors for automobiles, camera image sensors and other products which have been hit by a global chip shortage
Its government would be better off saving its money and luring more suitable partners in testing and assembly.
Shortage costs balloon more than 90%; sales to suffer
A top company executive said that it is also going to expand its presence in the electric vehicle space by launching a new car in the below Rs 20 lakh category
A shortage of semiconductors is just part of the problem, Alixpartners said in a new forecast
Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by 6 days to about 21 weeks in August from the previous month
The worldwide semiconductor market is expected to grow by 17.3 per cent in 2021 versus 10.8 per cent in the previous calendar year, according to research firm IDC. The industry will see normalisation and balance by the middle of 2022, with a potential for overcapacity in 2023 as larger scale capacity expansions begin to come online towards the end of 2022, an IDC statement said. Growth is driven by mobile phones, notebooks, servers, automotive, smart home, gaming, wearables, and Wi-Fi access points, with increased memory pricing. IC shortages are also expected to continue easing through fourth quarter of 2021 as capacity additions accelerate, it said. Despite the current Covid-19 wave, consumption remains healthy. IDC reports that dedicated foundries have been allocated for the rest of the year, with capacity utilisation at nearly 100 per cent. "Front-end capacity remains tight but fabless suppliers are getting the production they need from their foundry partner", the statement ..