The Global Chip Shortage: Worst-Hit Industries
Chip suppliers, which trimmed down chip production for autos and in turn stepped up supplies to consumer electronics, are now pressured from all quarters.
Chip Supply Shortage Will Last Through 2022: Foxconn
The electronics manufacturer supplies big-name tech companies such as Apple, Alphabet, Amazon, and Microsoft.
White House Shows Concern Over Chip Shortage
The administration is "identifying potential choke points in the supply chain" amid a shortage that has impacted automobile production around the world.
Automotive Chip Company Agrees to SPAC Deal
Indie Semiconductor will go public through a blank-check merger to raise capital for its expansion efforts.
Analog Devices Buys Rival Chipmaker Maxim
The $8.2 billion deal will create a semiconductor giant with a combined enterprise value of $68 billion and combined revenue of $8.2 billion.
Broadcom Beats Estimates, Chip Sales Fall 5%
The company expects its chip business "will continue to operate in a “very low growth, uncertain macro environment” for the foreseeable future.
Qualcomm CFO Davis Moves to Rival Intel
After six years at Qualcomm, George Davis joins Intel at a time when "Wall Street is hoping for greater financial discipline at the chip giant."
Merck Goes Hostile in Versum Takeover Battle
Versum shareholders are scheduled to vote next month on a merger with Entegris that is valued at less than Merck's $5.9 billion proposal.
Renesas Electronics Agrees to Buy IDT for $6.7B
The move is seen as a push by Japanese chipmaker Renesas into the self-driving automobile and "data economy" markets.
U.S. Reviews Broadcom’s Bid for Qualcomm
Qualcomm delays its annual meeting in response to an order from a national security panel that has recently blocked other takeovers by foreign companies.
Marvell Buys Cavium to Expand Product Range
The $6 billion deal will complement Marvell's chips for storage devices with Cavium's network and communications products.