The world's top maker of memory chips and smartphones posted a 54% jump in operating profit for the second quarter, its strongest result in more than two years
San Jose-headquartered and Nasdaq listed Cadence Design Systems is going about doing this with the recent launch of Cerebrus, an ML-based tool that automates and scales chip design
Apple executives also said that while the impact of the chip shortage was less severe than feared in the third quarter, it will get worse in the fourth, extending to iPhone production
Intel CEO Pat Gelsinger has said that the massive chip shortage will continue for at least two more years before the industry is able to completely catch up with the demand
Hyundai Motor Co turned in its best quarterly profit in about six years on Thursday, helped by solid demand for its high-margin SUVs and its premium Genesis cars
Some carmakers have adapted to the chip shortage by dropping features from their models
Closely held GlobalFoundries, controlled by Abu Dhabi's sovereign fund Mubadala Investment, could be valued at about $30 billion, the Wall Street Journal reported
Chip-maker Intel is reportedly exploring a deal to acquire GlobalFoundries, a semiconductor company its rival AMD spun off a decade ago, for nearly $30 billion
Business Standard brings to you top headlines on Thursday
Vehicles, computers, mobile phones, and other smart gadgets, with sticker prices ranging up to thousands of dollars, are stuck on assembly lines for lack of components
Opening up in the US may switch spending to services and wardrobe restocking, and de-stock overflowing pantries
This acquisition will enable QuEST's vision to grow its semiconductor business, add at least 2,000 engineers in the next four years
GlobalFoundries sits pretty with its everyday products as larger rivals battle it out to make ever-more advanced chips.
Hyundai officials have met with local "fabless" firms - which design chips but outsource manufacturing to the likes of TSMC and Samsung Electronics Co Ltd
Hyundai Motor, South Korea's biggest carmaker by sales, said on Monday it will suspend its US plant for three weeks due to lack of semiconductors and routine maintenance
Business Standard brings you top news on Friday
Samsung Electronics has developed an 8-nanometer (nm) process technology for radio frequency (RF) chips as the South Korean tech giant eyes to beef up its foundry service for 5G mobile semiconductors
The Senate overwhelmingly approved a bill that aims to boost US semiconductor production and the development of artificial intelligence
Vikas Bardiya's firm Nanomatrix has, in a span of about a year, developed a dealer network in several large Indian cities and is exporting to the US, UAE and Thailand
Taiwan's dominance for cutting-edge chips is under attack as governments from the U.S. to Europe and Japan, alerted to the strategic nature of the semiconductor supply chain, seek to spur production.