Microchip Slashes Q3 Revenue Guidance, Issues Restructuring Plan
On Monday, Microchip Technology Inc (NASDAQ:MCHP) cut revenue guidance for the December 2024 quarter and announced ...
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China Calls 'Abuse' on New US Chip Export Controls Under the Outgoing Biden Administration
After years of massive tension, the administration under the outgoing President Joe Biden focused on these renowned export ...
Are Intel’s Problems Too Big to Fix?
Pat Gelsinger’s exit might open some options, but Intel’s struggles in manufacturing technology and market shifts are still ...
China curbs exports of key chipmaking components to US
Beijing swiftly vowed to defend its interests, saying the United States "abuses export control measures" and has "hindered ...
Intel CEO Gelsinger, 'driving force' behind Ohio plants, leaves struggling chipmaker
Gelsinger announced his turnaround plan in July 2021 and then embarked on a spending spree, starting construction on a ...
China Bans Rare Mineral Exports to the U.S.
The move comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.
Intel’s CEO Departure Opens Door to Fresh Deal Discussions
The abrupt departure of Intel Corp. Chief Executive Officer Pat Gelsinger offers a fresh opportunity for the troubled company to consider potential deal options, including scenarios that he rejected ...
US imposes new export controls on China, targeting semiconductor technology
The Biden administration's new export controls aim to hinder China's tech progress by restricting the sale of critical ...
NSH USA planning $7 million expansion in Menands
The former Simmons Machine Tool, which makes machines used to service parts like railway wheels, wants to break ground next ...