Wolfspeed, the wide-bandgap chipmaker focused on silicon carbide and gallium nitride devices, plans to spend up to $5 billion to chase demand in the electric vehicle business that shows no signs of slowing down.

China is beset by severe economic problems. Growth has stalled, youth unemployment is at a record high, the housing market is collapsing, and companies are struggling with recurring supply chain headaches.

The European Central Bank has announced a record rise in eurozone interest rates as it seeks to fight inflation. Prices in the bloc are rising at the highest pace for half a century as energy costs soar.

Republican lawmakers have warned Apple that it will face intense scrutiny from Congress if the California company procures memory chips from a controversial Chinese semiconductor manufacturer for the new iPhone 14.

The US government is loosening restrictions on the sharing of technology with blacklisted firms, seeking to maintain America's lead in setting international standards as China closes the gap.

The Biden administration plans next month to broaden curbs on US shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said.

Apple CEO Tim Cook credited Steve Jobs with making privacy a top priority at the company and said he largely still runs the tech giant in the manner of its late co-founder.

A Reuters review of more than a dozen publicly available government tenders over the past two years indicated that among some of China's most strategically important research institutes, there is high demand - and need - for Nvidia's signature A100 chips.

Volkswagen and Foxconn Technology Group are keeping their workers on-site in their factories in Chengdu after the Chinese metropolis locked down its 21 million residents to contain a Covid-19 outbreak.

European Commission regulators have suggested that smartphones and tablets sold there offer 15 different kinds of spare parts for at least five years, as part of a broad effort to lessen their environmental impact.

The Japanese yen on Thursday fell to 140 yen per dollar, reaching a level last seen in August 1998.

Chengdu has become the latest Chinese city to be locked down as Beijing continues to pursue its controversial "zero-Covid" policy.

Broadcom forecast fourth-quarter revenue above estimates on Thursday as the semiconductor company expects resilient demand from businesses going digital to help it weather a likely chip industry slowdown.

At Hot Chips 34, a new player entered the high-performance GPU market.

China has placed millions of its citizens under renewed lockdown after fresh outbreaks of Covid-19 as the government persists in its hardline policy on containing the virus in the face of more evidence that it is suffocating the economy.

Citi analyst says that the continuing strength of the auto and industrial sectors will wane just like consumer electronics has, predicts 'every company/end market will correct' for chips.

HP reported quarterly sales that missed estimates and reduced its annual profit forecast on falling demand for personal computers and printers, especially among consumers. The shares fell in extended trading.

Trademark filings suggest that Apple may be staking claim to potential names for its highly anticipated mixed-reality headset, part of the tech giant's push into its first new product category in years.

EU antitrust regulators will not appeal a court ruling scrapping its EUR997 million (US$991 million) fine against Qualcomm, people familiar with the matter said, in a major win for the US chipmaker that ends a long-running saga.

Beijing has announced tens of billions of dollars in stimulus measures in a bid to shore up confidence as China's economy is battered by a snowballing property sector downturn and President Xi Jinping's stifling zero-Covid policies.

One particular region is out of Sony's price-hike crosshairs for now: the United States.

Chinese smartphone maker Oppo and its sub-brand OnePlus have halted sales of smartphones in Germany after losing a patent lawsuit with Nokia.

Apple on Wednesday sent media invitations to an event on Sept. 7 in which analysts expect the company to reveal new iPhones, a week earlier than it traditionally holds its fall event.

Infineon Technologies and II-VI have signed a multi-year supply agreement for silicon carbide (SiC) wafers.

China's central bank has cut its mortgage rate as officials work to support the crisis-hit property market. The People's Bank of China lowered the five-year loan prime rate (LPR) by 1.5pp, which matches its biggest cut on record.

The UK has blocked the takeover of an electronic design company by a Hong Kong rival over national security concerns, in the latest sign of growing British anxiety about Chinese investment.

The US has announced that they will begin formal trade negotiations with Taiwan, weeks after a controversial visit by US House Speaker Nancy Pelosi. The first round of talks is expected to begin in "early fall", said the Office of US Trade Representative.

Samsung Electronics broke ground recently for a new semiconductor research and development complex in Giheung, Korea, with plans to invest about KRW20 trillion (US$14.95 billion) by 2028.

Apple supplier Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production, state media said on Saturday.

South Korea's early exports barely rose in August as geopolitical risks and central bank tightening weigh on the world economy.

China's Sichuan province has ordered all factories to shut down for six days to ease a power shortage in the region as a scorching heat wave sweeps across the country.

China's top anti-corruption watchdog has launched investigations against several executives linked to the country's largest chip investment fund, as Beijing steps up scrutiny of the sector in its race for technological self-sufficiency.

Remember about two years ago, when absolutely everyone wanted to either upgrade their existing PC or buy a new one? Yeah, that doesn't appear to be the case anymore, according to the latest market report from Mercury Research. The report states that x86 chip shipments have dropped by the largest percentage year-over-year since the report began way back in 1994. Analyst Dean McCarron says it's probably the largest decline since the precipitous downturn of 1984.

China's CATL will build a ??.3bn battery plant in Hungary, increasing its foothold in Europe and cementing its status as the world's largest car battery manufacturer.

Samsung Electronics vice chairman Jay Y. Lee received a presidential pardon Friday for his role in a 2016 political scandal, a move the South Korean government says is necessary so the country's largest chaebol can help steady the national economy.

There are nearly 60 countries that plan to ban the sale of internal-combustion-engine vehicles (ICEVs). There are also more than 45 cities that have ICEV bans or restrictions on future ICEV sales and/or use. In the US, ICEV bans are on the horizon in at least 12 states.

SK Hynix aims to select a US site for its advanced chip packaging plant and break ground there around the first quarter of next year, two people familiar with the matter said, helping the United States to compete as China pours money into the burgeoning sector.

Nvidia on Monday warned its second-quarter revenue would drop by 19% from the prior quarter on weakness in its gaming business, sending the chip designer's shares down about 5% in early trading.

GlobalFoundries and Qualcomm have announced they are more than doubling their existing strategic global long-term semiconductor manufacturing agreement previously entered into by GF's and Qualcomm's respective subsidiaries. Today's announcement secures wafer supply and commitments to support US-based manufacturing through capacity expansion at GF's most advanced semiconductor manufacturing facility in Malta, New York.

Italy is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed on discussions told Reuters on Thursday.