The semiconductor chip shortage that is hamstringing the production of products ranging from cars and computers to appliances and toothbrushes will extend into 2022 and potentially beyond that, the CEO of semiconductor company Marvell Technology said.

New car sales plunged over the last three months in the United States despite strong demand, as the shortage of computer chips and other supply chain issues caused shutdowns at auto factories and choked off the supply of vehicles.

The Biden administration is pressuring companies involved in the semiconductor supply chain to be more transparent as the global chips shortage continues to wreak havoc across many industries, officials said.

ASML increased its financial forecasts on Wednesday and said it would have revenue growth of around 11% annually through 2030 amid booming demand for its products.

Renesas Electronics on Wednesday unveiled plans to raise its capacity to supply a key component in cars and electronics more than 50% by 2023, as some industry watchers predict a global chip shortage could last into next year and beyond.

Micron Technology forecast current-quarter revenue below analysts' expectations and warned that shipments for its memory chips were set to dip in the near term as its customers making personal computers face shortages of other parts.

Power rationing and forced cuts to factory production in China are widening amid electricity supply issues and a push to enforce environmental regulations.

Having said that, the rise of RISC-V cannot be ignored. Introduced in 2010, RISC-V ISA has become more reliable and promising with a series of new tape-outs from members and incremental ecosystem support.

Texas Instruments (TI) has announced its gallium nitride (GaN) technology and C2000 real-time microcontrollers (MCUs) are being combined with Delta Electronics' high-efficiency power electronics expertise in the design of an enterprise server power-supply unit (PSU) for datacenter applications.

Merck plans to invest more than EUR3 billion (US$3.5 billion) through 2025 in its electronics business to capitalize on rising demand for semiconductor and display panel materials.

Chinese auto-chip startup Black Sesame Technologies said on Wednesday that it had raised "hundreds of millions of dollars" from Xiaomi and other investors as China accelerates development of its semiconductor industry.

US automaker General Motors will source more semiconductors directly from manufacturers to adapt to the ongoing global chip shortage, its CEO Mary Barra said on Friday.

Infineon Technologies has opened its high-tech chip factory for power electronics on 300-millimeter thin wafers at its Villach site in Austria. At EUR1.6 billion (US$1.88 billion), the investment made by the semiconductor group represents one of the largest such projects in the microelectronics sector in Europe.

The project to link India's Unified Payments Interface (UPI) and Singapore's PayNow is targeted for operationalization by July 2022, both nation's central banks said on Tuesday. Users on either of the systems will be able to make transactions to one another without having to sign up to the second platform, the banks added.

Infineon Technologies and Robert Bosch were forced to halt key chip factories in Germany after a power failure, potentially exacerbating a global semiconductor supply crunch.

The EU must offer at least EUR20 billion (US$23.51 billion) in subsidies if it wants to "move the needle" on computer chipmaking in the bloc, according to the head of Soitec.

Battery plants in South Korea and Michigan operated by LG Energy Solution (LGES) have been identified by GM as the source of defects behind a rash of battery-related fires in the Bolt that have triggered three recalls and $1.8 billion in warranty set-asides by GM since last November - recalls for which GM still has not implemented a hardware fix.

New York Governor Kathy Hochul signed legislation on Wednesday that effectively bans the sale of new internal combustion engine cars, off-road vehicles, light-duty trucks and equipment by 2035.

Xiaomi has announced a pair of smart glasses called Xiaomi Smart Glasses. A company spokesperson tells The Verge that there's no plan to actually put them on sale, but Xiaomi has provided enough detail to make the concept product seem somewhat plausible - at least for some point in the future.

South Korea's antitrust regulator has fined Alphabet's Google KRW207 billion (US$176.64 million) for blocking customised versions of its Android operating system (OS), in the US technology giant's second setback in the country in less than a month.

Gogoro, a Taiwanese startup that specializes in battery-swapping technology, is in talks to go public through a merger with Poema Global Holdings, a blank-check firm, according to people with knowledge of the matter.

China's recent regulatory tightening will cause limited damage to the country's long-term economic growth and investment prospects, although financial markets will likely remain volatile in the short term, according to Goldman Sachs.

China's government on Wednesday summoned gaming firms including Tencent Holdings and NetEase to ensure they implement new rules for the sector.

Intel plans to build new chip-making facilities in Europe valued at up to $95 billion, responding to a cross-border race to add manufacturing capacity at a time of a global chip-supply crunch.

Toshiba said it won't be able to meet demand for power-regulating chips for another year and, in certain cases, through the end of 2022, offering a fresh warning for makers of cars, consumer electronics and industrial machines struggling with component shortages.

Infineon Technologies and Panasonic have signed an agreement for the joint development and production of the second generation of their proven gallium nitride (GaN) technology, offering higher efficiency and power density levels. The outstanding performance and reliability combined with the capability of 8-inch GaN-on-Si wafer production mark Infineon's strategic outreach to the growing demand for GaN power semiconductors.

The chip shortage that is disrupting global car production could continue into 2022 and even 2023, a leading German car industry figure has said.

China will set up a new stock exchange in Beijing, giving the nation's capital and political center more influence in the world of business and finance.

China's regulatory efforts to increase control over its technology sector adds another "decoupling engine" to the global economy, which could weigh on Chinese growth prospects, the former head of the World Trade Organization said.

As carmakers gathered in Munich on Monday to launch almost exclusively zero- or low-emission vehicles, an ongoing semiconductor shortage cast a long shadow over the first major car show since before the pandemic began.

The city of Taylor, Texas - one of two locations in the state under consideration by Samsung Electronics for a $17 billion chip plant - plans to offer extensive property tax breaks if it is chosen by the South Korean tech giant.

The closing of the acquisition of Dialog, following the landmark acquisitions of Intersil and IDT, reinforces Renesas as a premier embedded solution provider.

Marvell Technology customers have broadly been willing to accept price increases in exchange for steady chip supply, the company's chief executive said on Thursday as it reported better-than-expected quarterly sales.

Western Digital is in advanced talks to merge with Japan's Kioxia Holdings, according to people familiar with the matter, in a deal that could be valued at more than US$20 billion and further reorder the global chip industry.

Wistron of Taiwan is partnering with India's Optiemus Electronics to build products such as smartphones and laptops, a boost to Prime Minister Narendra Modi's push to make the country an electronics manufacturing hub.

US officials have approved license applications worth hundreds of millions of dollars for China's blacklisted telecom company Huawei to buy chips for its growing auto component business, two people familiar with the matter said.

Jay Y. Lee's get-out-of-jail-free card prepares the next chapter for Samsung Electronics. The early release of the conglomerate's de facto boss from prison ramps up pressure on him to use its huge cash pile to make splashy investments. Samsung's heft will force some creative dealmaking. It's a tricky combination to manage well.

The planned 瞿29bn purchase of UK chip designer Arm by US firm Nvidia raises "serious" competition concerns, the UK's competition watchdog has said.

Applied Materials, the biggest maker of machinery used to manufacture semiconductors, topped earnings estimates and gave a rosy forecast in the latest sign that the chip boom is going strong.

Intel Chief Executive Pat Gelsinger is committed to buying other chip-makers as the industry consolidates, despite a leading acquisition candidate's plan to go public.