Shares of Marvell Technology fell on Wednesday as the designer of 5G networking chips said supplies could remain tight through its fiscal 2022.

The US Senate is considering including in a new bill to boost competitiveness against China $30 billion in funding for previously-approved measures to supercharge the country's chipmaking industry, a congressional source said on Thursday.

Samsung, NXP Semiconductors and Infineon Technologies were ordered to shut factories in Texas last month after a winter storm killed at least 21 people and left millions of Texans without power.

Shares of Micron Technology rose 1.8% in Wednesday morning trading after the company updated its fiscal second-quarter outlook with a more upbeat profit and revenue forecast.

Globalfoundries will invest US$1.4 billion this year to raise output at three factories in the US, Singapore and Germany, as a global shortage of semiconductors has boosted demand for chips, its chief executive said.

Chinese electric car start-up Nio said Tuesday a shortage in semiconductors and batteries will cut its production capacity in the second quarter to 7,500 vehicles a month, down from 10,000.

Volvo Cars set an ambitious goal to only sell battery cars by 2030, accelerating its plans after sales of electric vehicles surged.

Samsung Electronics' foundry in Austin, Texas, still remains suspended after having been shut down by a power outage on the afternoon of February 16.

Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said.

"Despite our private-sector and university leadership in AI, the US remains unprepared for the coming era... China is a competitor possessing the might, talent and ambition to challenge America's technological leadership, military superiority and its broader position in the world."

As the US looks to fulfill its semiconductor needs on its own, Arizona is fast emerging as a base for the domestic industry's revival. Already home to large Intel workforces, the state will soon add staff from Taiwan's TSMC, supplier LCY Group, and potentially Samsung, as a slew of industry giants eye sites in the sun-beaten Southwestern state.

The video conferencing company expects sales to rise more than 40% this year, reaching more than $3.7bn.

China's Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world's largest telecommunications equipment maker, battered by U.S. sanctions, explores a strategic shift.

Siemens and ASE are developing a single platform from 2.5D and 3D packaging to fan-out wafer-level packaging (FOWLP) technologies.

The US president signed an executive order on Wednesday requiring federal agencies to conduct 100-day reviews of supply chains for semiconductors, pharmaceuticals, electric vehicle batteries and critical minerals used in manufacturing products such as cars and weapons.

Australia has passed a world-first law aimed at making Google and Facebook pay for news content on their platforms.

Electric-car maker Fisker said on Wednesday it will collaborate with Foxconn on an electric vehicle project and forecast that production would start in the fourth quarter of 2023.

US President Joe Biden is set to sign an executive order as early as this month to accelerate efforts to build supply chains for chips and other strategically significant products that are less reliant on China, in partnership with the likes of Taiwan, Japan and South Korea.

Jack Ma's Ant Group quickly became one of China's most powerful companies, and its plans for bridging the worlds of tech and finance were growing ever more ambitious by the day. Now it appears to be turning into the kind of highly regulated Chinese bank that it hoped to supplant.

Huawei Technologies took the wraps off a high-end foldable smartphone to try and stake out a place in the fast-expanding category, revealing that revenue and profit barely grew in 2020 at the height of Trump-era sanctions.

As an auto chip shortage continues to disrupt car manufacturing, ON Semiconductor CEO Hassane El-Khoury told CNBC he expects a bottleneck in orders to subside by the second half of 2021.

Security researchers have spotted a new malware operation targeting Mac devices that has silently infected almost 30,000 systems.

A new Apple patent published today by the US Patent and Trademark Office describes an iPhone display that, with high refresh mode enabled, may be capable of updating content at two times, three times, or even four times the native refresh rate. For example, an iPhone with a 60Hz display would be able to increase its variable refresh rate to 120Hz, 180Hz, or 240Hz automatically.

LG Innotek plans to invest KRW547.8 billion (US$496 million) to increase production of camera modules used in iPhones.

Electric vehicle (EV) registrations in the US in 2020 reached record market share of 1.8%, demonstrating increased consumer interest for electric vehicles, according to new analysis from IHS Markit.

Looking ahead, cutting edge wafer supply might not be the biggest headache for big chip companies. As TSMC chairman Liu sees it, a renaissance is coming. One day chip design will be as easy as writing code.

As the main paper sessions close out, there were three papers that deserve some attention for their potential impact on system-on-chip (SoC) technology.

Honda Motor is promoting its current head of research and development Toshihiro Mibe to chief executive, the latest in a number of bold moves the automaker is taking to step beyond its more than half-a-century-long reliance on selling gasoline-powered cars.

China may ban the export of rare-earths refining technology to countries or companies it deems as a threat on state security concerns, according to a person familiar with the matter.

In response to struggling smartphone sales, Huawei is looking at other sources of revenue for its technology.

Applied Materials on Thursday forecast second-quarter revenue above market expectations, as demand for its semiconductor manufacturing tools picked up during a global shortage of semiconductors.

Analog Devices is delaying the closure of a California chip factory as sales boom and supplies remain tight, the company's chief executive told Reuters after the company reported better-than-expected quarterly results.

Qualcomm incoming Chief Executive Officer Cristiano Amon said US sanctions against China's Huawei Technologies may help alleviate a global shortfall in semiconductor supply. If Huawei's in-house chip unit HiSilicon can't get its designs manufactured, the company may order more chips from other providers. These limitations will also free up capacity at TSMC, Amon said in a webcast with Goldman Sachs analyst Rod Hall.

President Joe Biden's top economic adviser, Brian Deese, has sought the Taiwanese government's help resolving a global semiconductor shortage that's idling US car manufacturing plants, according to a letter reviewed by Bloomberg News.

Apple launched its first iPhones with 5G wireless speeds a few months ago. Now it's looking to start work on sixth-generation cellular connectivity, or 6G, indicating it wants to be a leader in the technology rather than relying on other companies.

NXP Semiconductors has had to shut down its wafer fab and assembly plants in Austin, Texas, after power was diverted to residents and hospitals. The same has happened to fabs run by Infineon and Samsung in the area.

A new president took office this month determined to fight climate change. Wall Street investors think Tesla is worth more than General Motors, Toyota, Volkswagen and Ford put together. And China, the world's biggest car market, recently ordered that most new cars be powered by electricity in just 15 years.

Facebook has blocked Australian users from sharing or viewing news content on the platform, causing much alarm over public access to key information. Facebook's move is in response to a proposed law in Australia which would make tech giants pay for news content.

Tata Electronics, Apple's contract manufacturer Pega簫tron, and Grasim and 25 other firms signed memoranda of understanding (MoUs) worth over Rs 28,053 crore with the Tamil Nadu government on Tuesday. These MoUs would create 68,775 jobs in the state, the government said.

The European Union is considering building an advanced semiconductor factory in Europe in an attempt to avoid relying on the US and Asia for technology at the heart of some of its major industries.