At the CES conference, Jensen Huang, the company’s chief executive, said the more efficient and powerful chip would begin shipping later this year.

The reduction in Microchip’s under-utilization charge should help the company expand its gross profit margin, said Needham analyst N. Quinn Bolton in a research note Tuesday. The firm reiterated a Buy rating on the stock and boosted its price target to $77 from $75.

A dispute involving a Chinese-owned chipmaker could disrupt the global semiconductor supply for automakers. Major automakers like GM and Stellantis are monitoring the situation, which could impact U.S. car production as early as next month. Auto industry ...

China’s push to localise automotive chips is gaining ground, but mostly in mature control systems rather than high-end computing. Observers say the main hurdles are technical, not geopolitical.

In late September, the Dutch government invoked a Cold War-era emergency law to take control of a Chinese-owned chip company that has operations in the country. The extraordinary move set off a chain of events that sent shock waves through the global motor ...

NXP Semiconductors NV (NASDAQ:NXPI) delivered its strongest quarterly growth since 2021, supported by improvements across all regions and end markets. The company expects an above-seasonal December quarter as automotive shipments align more closely with ...

The European Automobile Manufacturers' Association said the Dutch government's seizure of a Netherlands-based semiconductor company from its Chinese owner could disrupt the supply of critical semiconductors needed for vehicle production. The Dutch ...

Surging demand for artificial intelligence chips is straining global semiconductor supply chains Chipmakers are prioritizing high-margin AI process

CNBC's Jon Fortt reports on Nvidia CEO Jensen Huang's keynote address at the Consumer Electronics Show in Las Vegas, Nevada.

The Dutch government suspended an order that allowed it to seize control of chip maker Nexperia from its Chinese owner, the country's economy minister said. The decision was made in consultation with the Netherlands' European and international partners and ...