A 2022 law key to the Biden White House’s “Build Back Better” economic agenda is helping with freight supply chain connectivity, senior congressional Democrats said recently.
Stellantis NV expects semiconductor shortages to re-emerge on growing demand for electric vehicles at a time of increased geopolitical risk, making the current respite short-lived.
Americans are keeping their cars longer than ever: The average age of a passenger vehicle on the road hit a record 12.5 years this year, according to data gathered by S&P Global Mobility.
Canada and International Business Machines Corp. will announce a high-level agreement on expanding semiconductor cooperation on March 24, during President Joe Biden’s visit to Ottawa.
Applied Materials Inc., the biggest maker of chip manufacturing equipment, gave a better-than-feared sales forecast for the current quarter as supply chain improvements help offset an economic slowdown.November 17, 2022
Chip delivery times shrank by six days in October, the biggest drop since 2016, adding evidence that demand for electronic components is falling off quickly.November 10, 2022
Texas Instruments Inc., whose chips go into everything from home appliances to missiles, gave a weak sales forecast for the current quarter, indicating that the falloff in semiconductor demand is spreading beyond computing and phones.October 25, 2022
Chip delivery times shrank by four days in September, the biggest drop in years, in a sign that the industry’s supply crunch is easing.