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Semiconductor shortage leaves U.S. lawmakers seeking elusive fix

Semiconductor shortage leaves U.S. lawmakers seeking elusive fix
A 300 millimetre silicon wafer in the clean rooms at the Globalfoundries semiconductor fabrication (fab) plant in Dresden, Germany, on Thursday, Feb. 11, 2021. The EU outlined a goal last year to produce at least one-fifth of the worlds chips and microprocessors by value, without giving details on how this would be achieved. Photographer: Liesa Johannssen-Koppitz/Bloomberg
(Bloomberg)Premium
. Updated: 21 Feb 2021, 07:25 PM IST Bloomberg
There’s bipartisan support for increasing domestic chip manufacturing capacity with some U.S. carmakers forced to idle plants as supply chains are interrupted by the global pandemic
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Semiconductor Shortage Leaves U.S. Lawmakers Seeking Elusive Fix

Semiconductor Shortage Leaves U.S. Lawmakers Seeking Elusive Fix
newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.

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Discord on the court

Discord on the court
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II-VI Incorporated Offers to Acquire Coherent for $260 per Share

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
II-VI Incorporated Offers to Acquire Coherent for $260 per Share
II-VI IncorporatedFebruary 12, 2021 GMT
Combination would establish global leader in photonic solutions, compound semiconductors, and laser technology and systems
II-VI proposal represents 24.0% premium over implied value of Lumentum transaction and 9.8% premium over implied value of MKS Instruments’ acquisition proposal
$200 million of run-rate cost synergies expected to be realized within 36 months of closing
Anticipated to be accretive to non-GAAP EPS in the second year following closing
PITTSBURGH, Pa., Feb. 12, 2021 (GLOBE NEWSWIRE) II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced it has made an offer to acquire Coherent, Inc. (Nasdaq: COHR), a global laser technology leader, in a cash and stock transaction. Under ....

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