By Reuters Staff
1 Min Read
FILE PHOTO: U.S. President Joe Biden holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst/File Photo
TOKYO (Reuters) - The United States and Japan will cooperate on the supply of critical parts for chips, aiming for an agreement when the leaders of both countries meet later this month, the Nikkei newspaper said on Friday.
Reporting by David Dolan
By Reuters Staff
1 Min Read
BRUSSELS (Reuters) - U.S. chipmaker Analog Devices (ADI) has gained unconditional EU antitrust clearance for its $21 billion acquisition of rival Maxim Integrated, its biggest ever deal, a filing on the European Commission website showed on Thursday.
ADI is seeking to boost its market share in automotive and 5G chipmaking with the deal, which will also enable it to better compete with larger competitors including Texas Instruments.
Reuters reported on March 26 that the deal would win EU approval without the EU competition enforcer demanding concessions.
Reporting by Foo Yun Chee; editing by Philip Blenkinsop
By Reuters Staff
2 Min Read
TAIPEI (Reuters) -Contract chipmaker TSMC said on Thursday it plans to invest $100 billion over the next three years to increase capacity at its plants, days after Intel Corp announced a $20 billion plan to expand its advanced chip making capacity.
Taiwan Semiconductor Manufacturing Co Ltd, whose customers include Apple Inc and Qualcomm Inc, had already flagged a plan to spend of between $25 billion-$28 billion this year, to develop and produce advanced chips.
The move comes as global companies reel from a shortage of semiconductor chips that initially forced auto companies to cut production, but is now hurting makers of smartphones, laptops and even appliances amid a pandemic-fuelled rise in demand.
3 Min Read
TOKYO, April 1 (Reuters) - Japanese stocks rose on Thursday, as investors snapped up shares of semiconductor-related companies on the first day of the new fiscal year on hopes for robust corporate earnings.
The Nikkei 225 Index ended up 0.72% at 29,388.87, while the broader Topix rose 0.19% to 1,957.64.
The technology sector led the advance after U.S. chipmaker Micron Technology Inc forecast third-quarter revenue above analysts’ forecasts.
“What’s happening with Japanese tech shares is a reflection of what is happening in the United States,” said Takashi Hiroki, chief strategist at Monex Securities.
Sentiment in Japan brightened after the Bank of Japan’s tankan survey showed business sentiment has returned to where it was before the onset of the COVID-19 pandemic.
By Reuters Staff
2 Min Read
FILE PHOTO: Micron Technology s solid-state drive for data center customers is presented at a product launch event in San Francisco, U.S., October 24, 2019. REUTERS/Stephen Nellis
(Reuters) - Micron Technology Inc and Western Digital Corp are individually exploring a potential deal for Kioxia Holdings Corp that could value the Japanese semiconductor firm at around $30 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
A deal for Kioxia, which is controlled by private-equity firm Bain Capital, isn t guaranteed, and it isn t clear how it might be structured, the report said, adding that should a deal come together, it could be finalized later this spring. (on.wsj.com/3rCJjvd)