DIRS.INFO The most relevant business & tech news

☆ Why we're upbeat on chemicals maker DuPont, despite its narrowed guidance
▼ + stars: | 2023-11-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

But we remain optimistic the specialty chemicals company's electronics business will turn next year, leading to revived growth. At the same time, DuPont raised concerns about its water and safety solutions business due to ongoing destocking and a weaker China. The electronics and industrial segment is comprised of three subunits: semiconductor technologies, interconnect solutions and industrial solutions. Guidance DuPont shaved its full-year net sales outlook to about $12.17 billion, from a previous range of $12.45 billion to $12.55 billion. The company cited additional channel inventory destocking and slow industrial demand in China, mostly in its water solutions business, for its revised guidance.

Persons: Ed Breen, DuPont, Jim Cramer's, Jim Cramer, Jim, Edward Breen, Brendan McDermid Organizations: DuPont de Nemours, DuPont, Spectrum Plastics, CNBC, New York Stock Exchange Locations: China

The Southeast Asian electronics manufacturing hub already hosts U.S. giant Intel's (INTC.O) largest semiconductor packaging and testing plant worldwide and is home to several chip designing software firms. It is working on a strategy to attract more semiconductor investment, including from foundries, which focus on manufacturing chips. Meetings with half a dozen U.S. chip firms took place in recent weeks, including with fab operators, Vu Tu Thanh, head of the Vietnam office of the US-ASEAN Business Council, told Reuters. He declined to identify the firms because talks were still at a preliminary stage. John Neuffer, President of the U.S. Semiconductor Industry Association, at the same conference recommended the government focus on chip sectors where Vietnam was already strong, such as assembling, packaging and testing.

Persons: Florence Lo, PSMC, Tu Thanh, Joe Biden, GlobalFoundries, Hung Nguyen, Viettel, Robert Li, John Neuffer, Francesco Guarascio @fraguarascio, Khanh Vu, Fanny Potkin, Lincoln Organizations: REUTERS, Hanoi, U.S, ASEAN Business Council, Reuters, GlobalFoundries, Industry, Hanoi's University Vietnam, BET, Vietnam Semiconductor, European Union, U.S . Semiconductor Industry Association, Reuters Graphics Reuters, Thomson Locations: Vietnam, HANOI, U.S, Hanoi, China, South Korea, Singapore

☆ Taiwan's Powerchip chooses northern Japan for planned $5.4 bln fab
▼ + stars: | 2023-10-31 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

The logo of Powerchip Semiconductor Manufacturing Corp's Japanese business in pictured in Tokyo, Japan July 21 2023. "Japan has to have its own supply chain," Powerchip founder and Chairman Frank Huang told reporters. Powerchip said it aimed to manufacture micro-controllers and power chips, which are needed for power management in electric vehicles, along with chips for artificial intelligence. The second phase, planned for two years later, aims to introduce 28-nanometre technology with targeted monthly output of 40,000 wafers. They aim to cut costs by making reference to plans for a Powerchip fab being built in Taiwan, and discussions are already taking place with construction firms.

Persons: Sam Nussey, Taiwan's TSMC, Frank Huang, Powerchip, David Dolan, Jamie Freed Organizations: Powerchip Semiconductor Manufacturing, REUTERS, Rights, Powerchip Semiconductor Manufacturing Corp, SBI Holdings, Reuters, Powerchip, SBI, Thomson Locations: Tokyo, Japan, Miyagi, Taiwan, Sendai, Hokkaido, Kyushu, chipmaking

☆ Britney Spears and Jada Pinkett Smith demonstrate the delicate dance of the celeb memoir
▼ + stars: | 2023-10-28 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

Something to sip on…Jada Pinkett Smith and Britney Spears Santiago Felipe/Getty Images; Mario Anzuoni/ReutersBoth Britney Spears and Jada Pinkett Smith grasp the concept that drama sells. It should be said, though, that both Spears and Pinkett Smith are most probably used to a lot of attention by now. Can’t wait to watch…Fabrice Morvan attends the "Milli Vanilli" in June. Dia Dipasupil/Getty Images North AmericaReader you know it’s true – Milli Vanilli was the duo to beat back in the day. The “Milli Vanilli” documentary is streaming on Paramount+.

Persons: I’m, Jada Pinkett Smith, Britney Spears Santiago Felipe, Mario Anzuoni, Britney Spears, – Spears, ” –, ’, Spears, Justin Timberlake, Pinkett Smith, Will Smith, … David Beckham, Victoria Beckham, Bruno Vincent, Beckham, David Beckham’s, Fisher Stevens, David Beckham, Rebecca Loos, Loos, “, … Taylor Swift, Sarah Yenesel, Taylor Swift, ”, Swift, it’s Taylor Swift, Can’t, … Fabrice Morvan, Dia Dipasupil, Rob Pilatus, Morvan, It’s Organizations: CNN, Getty, Netflix, Spice Girls, North America, Paramount

The U.K.-headquartered bank, which earns most of its revenue in Asia, booked July-September statutory pretax profit of $633 million. That compared with $996 million a year earlier and the $1.41 billion average of 16 analyst estimates compiled by the bank. China Bohai booked a 17.8% fall in January-June net interest income, leading to a nearly 7% decline in its overall profit, according to company filings. StanChart's Chinese real estate exposure totalled $2.7 billion, down $200 million from the previous quarter. StanChart has recently had "no contact" with FAB, Chief Financial Officer Andy Halford told reporters on a conference call on Thursday.

Persons: Peter Nicholls, StanChart, China Bohai, Andy Halford, Jefferies, Joe Dickerson, Dickerson, Selena Li, Lawrence White, Christopher Cushing Organizations: Chartered, REUTERS, Bank, Bohai, China Bohai Bank, HK, Abu Dhabi Bank, Thomson Locations: London, Britain, Bohai Bank, China, HONG KONG, China Bohai, Russia, Ukraine, Asia, Tianjin, StanChart

☆ ‘Milli Vanilli’ Review: Blame It on the Fame
▼ + stars: | 2023-10-24 | by ( Chris Azzopardi | ) www.nytimes.com time to read: 1 min

The performers Fab Morvan and Rob Pilatus earn your empathy in the documentary “Milli Vanilli,” a jolting, eye-opening investigation on how fame destroyed them. The war-of-words film, directed by Luke Korem, unfolds like a whodunit. The film retraces the bonkers events of Morvan and Pilatus’s naïve rise to the top in the late 1980s as Milli Vanilli, the image-forward pop duo who secretly lip-synced prerecorded songs to live audiences. Their hits included “Girl You Know It’s True” and “Baby Don’t Forget My Number.”At first, the duo needed money to escape poverty, but their celebrity status kept them hooked, and their German producer, Frank Farian, held the bait.

Persons: Fab Morvan, Rob Pilatus, Luke Korem, Milli, Don’t, Frank Farian

☆ How Micron is building the biggest chip fab in U.S. history despite a China ban and smartphone slump
▼ + stars: | 2023-10-23 | by ( Katie Tarasov | ) www.cnbc.com time to read: +12 min

But multiple memory chips are needed to support each GPU or CPU, so making memory requires more fab space. Micron says construction in New York will begin at the end of 2024 and chip production there will start in 2027. By 1980, it was building its first fab and a year later was pumping out a revolutionarily small 64K DRAM chip. Gatzemeier, who joined as an intern in 1997, explained the two main kinds of memory: DRAM and NAND. When it comes to the biggest type of memory, DRAM, Samsung is by far the leader, followed by SK Hynix and then Micron.

Persons: Sanjay Mehrotra, Ben Farrar, Scott Gatzemeier, Mehrotra, Chuck Schumer, Schumer, Kathy Hochul, Hochul, Gatzemeier, Katie Tarasov, Kent Kessinger, Patrick Moorhead, Gaurav Gupta, it's, Moorhead, HBM, China's, Gartner's Gupta, that's, Xi Jinping, Micron's Organizations: Samsung, SK Hynix, Micron, CNBC, U.S, Intel, AMD, Labor, Syracuse . New York Gov, New York, Texas, Gartner, Apple, Motorola, Asus, China Micron, Biden Locations: South Korea , Idaho, U.S, China, Japan, Taiwan, Boise , Idaho, New York, Manassas , Virginia, Syracuse , New York, Asia, Syracuse, Idaho, New, Jose, Boise, India, Fujian

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicron is building the biggest-ever U.S. chip fab, despite China banMicron, Samsung and SK Hynix are responsible for making 90% of the world's DRAM memory chips, and Micron is the only one based in the U.S. That's made it the latest target of bans from China. Yet Micron is spending $115 billion to build the biggest chip project in U.S. history. CNBC visited Micron in Idaho and talked to Gov. Kathy Hochul in New York to hear about the new fabs. We also asked Senate Majority Leader Chuck Schumer about Micron ahead of his meeting with Chinese President Xi Jinping.

Persons: That's, Kathy Hochul, Chuck Schumer, Xi Jinping Organizations: Micron, Samsung, SK Hynix, CNBC Locations: China, U.S, Idaho, New York

☆ ‘George Harrison’ Review: Why His Guitar Gently Wept
▼ + stars: | 2023-10-21 | by ( D.J. Taylor | Philip Norman | ) www.wsj.com time to read: +2 min

George Harrison (with Eric Clapton at left) performing at the Concert for Bangladesh in August 1971. Photo: Henry Diltz/Getty ImagesThe paradoxes of George Harrison’s career can perplex even the most casual Beatles fans. Grab a Copy George Harrison: The Reluctant Beatle By Philip Norman Scribner 512 pages We may earn a commission when you buy products through the links on our site. One of the most ominous subtexts of “George Harrison: The Reluctant Beatle,” it turns out, is the sense of a man grown old before his time. Hospitalized for six weeks at the age of 13 with nephritis, a martyr to swollen tonsils and on-tour exhaustion, he spent much of his early life being ill.

Persons: George Harrison, Eric Clapton, Henry Diltz, George Harrison’s, John Lennon’s solipsism, Paul, ”, Harrison, Philip Norman, Philip Norman Scribner, Barnes, Norman, “ George Harrison, Ed Sullivan, Monty Python’s Eric Idle Organizations: Concert, Bangladesh, Noble

☆ Phoenix's big moment: How Mayor Kate Gallego is capitalizing on the 'semiconductor revolution' to establish the next global city
▼ + stars: | 2023-10-12 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Phoenix, Arizona, is the center of the US's burgeoning semiconductor chip industry . "We're still trying to prove ourselves as an important global city," Gallego told Insider. AdvertisementAdvertisementPhoenix's semiconductor industry could face some challengesIn the years ahead, Phoenix's economy and international reputation seem poised to benefit from the semiconductor boom. The first of the two TSMC chip factories has faced construction delays and accusations of management and safety issues. "It is the most complex project that I have seen in our city," Gallego said of TSMC's Phoenix factory.

Persons: isn't, Kate Gallego, —, We're, Gallego, Joe Biden, Gina Raimondo, she's, Patrick Semansky, wasn't, Jacob Zinkula, there's Organizations: Service, Philadelphia, Intel, US, Harvard, Phoenix, . Airlines, Taiwan Semiconductor Manufacturing Company, AP, Deloitte Locations: Phoenix, Arizona, , Arizona, United States, isn't, Taiwan, Asia, New Mexico, South Korea, Japan, California

☆ The fashion show that changed hip-hop forever
▼ + stars: | 2023-10-10 | by ( Sowmya Krishnamurthy | ) edition.cnn.com time to read: +8 min

CNN —Chanel’s 1991 Fall-Winter ready-to-wear show was set in Paris, but its soul was right off the streets of New York City. “He listens to everything, reads everything, sees everything, and then distills it into these potent fashion images.”Linda Evangelista and Karl Lagerfeld (center) walk the runway during the finale of Chanel's 1991 Fall-Winter fashion show in Paris, France. Victor Virgile/Gamma-Rapho/Getty ImagesWhat would become known colloquially as Chanel’s “hip-hop collection” was a watershed moment, the pinnacle of French prêt-à-porter (ready-to-wear) welcoming hip-hop into its sanctum. It’s unclear whether Mizrahi and the like appreciated hip-hop or saw it as a grab for cache and cash. Editor’s Note: This piece is excerpted from Sowmya Krishnamurthy’s “FASHION KILLA: How Hip-Hop Revolutionized High Fashion,” published by Gallery Books, a subsidiary of Simon & Schuster.

Persons: CNN —, Nancy Sinatra’s “, Rocky, Sylvester Stallone, Dolph Lundgren, gazed, Karen Mulder, Helena Christensen, Linda Evangelista, CHANEL, ”, glitz, “ Chanel ”, Jeans, risqué, “, Karl Lagerfeld, Lagerfeld, Tim Blanks, ” Linda Evangelista, Victor Virgile, Chanel, ” gushed Rose Marie Bravo, Isaac Mizrahi, Charlotte Neuville, Adrienne Vittadini, Randolph Duke, Norma Kamali, Arthur Hubbert, Katharine Hamnett, Rifat Ozbek, Queen Latifah, Donna Karan, Mizrahi, ” Mizrahi, Freddy, Chuck D, Flav, Al Pereira, Michael Ochs, Denise Burrows, Pat Cleveland, Dorothy “ Terri ” Springer, Gucci, Louis Vuitton, Simon, Schuster, Sowmya, Simon & Schuster Organizations: CNN, Co, Magazine, Newsweek, Penske Media, Getty, Women’s, Michael Ochs Archives, Fashion, New York Times, Gallery Books, Simon & Locations: Paris, New York City, Harlem, France, Chanel

☆ Russia is pounding Ukraine with glide bombs. 40 of the massive weapons were dropped on a single Ukrainian region in one night, a military expert said.
▼ + stars: | 2023-10-08 | by ( Rebecca Rommen | Julian Kossoff | Hans Petter Midttun | ) www.businessinsider.com time to read: +2 min

Russia is pounding Ukraine with powerful glide bombs. Forty of the bombs were dropped on military and civilian targets in one region on Monday. The powerful bombs can weigh weigh as much as 3,300 pounds, Forbes reported. AdvertisementAdvertisementRussia is pounding Ukraine with powerful glide bombs, hitting a single Ukrainian region with 40 of the weapons in one night this week, Hans Petter Midttun, a nonresident fellow at the Centre of Defence Strategies, wrote for the Euromaidan Press. "First employed in early March, the Russian-winged UPAB-1500 and FAB-500 glide bombs are being used in increasing numbers," the military expert wrote.

Persons: Forbes, —, Hans Petter Midttun, Oleksiy Organizations: Service, Centre of Defence, Euromaidan Press, Russian Air Force, Telegraph, The Times Locations: Russia, Ukraine, Ukrainian, Russian, Kyiv, London

☆ How GlobalFoundries aims to remain world’s third-biggest semiconductor foundry
▼ + stars: | 2023-10-01 | by ( Katie Tarasov | ) www.cnbc.com time to read: +10 min

Based in upstate New York, GlobalFoundries isn't a household name because it's manufacturing semiconductors that are designed and sold by other companies. "Look at every electronic device in your house, and I would bet you money that every one of those devices has at least one GlobalFoundries chip in it," Thomas Caulfield, GlobalFoundries CEO, told CNBC. GlobalFoundries chips are inside everything from smartphones and cars to smart speakers and Bluetooth-enabled dishwashers. Although GlobalFoundries' chips are considered legacy nodes, the process and resources needed are still incredibly complex. GlobalFoundries' Fab 8 in Malta, New York, where Equipment Engineering Manager Chris Belfi led CNBC's Katie Tarasov on a tour on September 5, 2023.

Persons: GlobalFoundries, it's, Thomas Caulfield, They're, GlobalFoundries isn't, Caulfield, Abu, Moorhead, Jerry Sanders, Katie Tarasov, Carlos Waters, Daniel Newman, couldn't, TSMC, China's, STMicroelectronics, Hui Peng Koh, that's, Chris Belfi Organizations: HK GM LMT, GlobalFoundries, CNBC, Bluetooth, Nvidia, Taiwan Semiconductor Manufacturing Company, Devices, AMD, Chartered Semiconductor, Nasdaq, Futurum, U.S, Semiconductor Manufacturing International, Samsung, fabs, United Microelectronics, we've, Upstate Locations: New York, China, U.S, Singapore, Germany, France, Malta , New York, Dresden, Malta, Vermont, South Korea, Taiwan, TSMC, Crolles, Chengdu, Upstate New York, Europe, Koh, Arizona, Asia

☆ 4 of Russia's deadliest military systems in its war against Ukraine
▼ + stars: | 2023-09-24 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

Insider has compiled a list of four of the most effective ones Russia has used so far in the war. Insider has taken a look at four key military systems that Russia has used to do this, from Ka-52 attack helicopters to Lancet drones. Ka-52 "Alligator" attack helicoptersA serviceman checks a Russian Ka-52 "Alligator" attack helicopter. It can also be fitted with VIKHR anti-tank missiles, ATAKA missiles, B8V-20 rocket launchers, and IGLA-V anti-aircraft guided missiles, per the site. Danilov said the number of Russian mines was "insane" and stressed the importance Ukraine was placing on saving its front-line soldiers.

Persons: Bradley, Danilov, James Patton Rogers, Forbes, Patton Rogers, Oleksiy Organizations: Service, Kremlin, Airforce Technology, UK Ministry of Defence, US stingers, Forbes, Emergency Services, REUTERS Ukraine's, National Security and Defense, CNN, Presidential, University of Southern, Soviet, State Emergency Service, FAB, REUTERS, Razumkov, New York Times Locations: Russia, Wall, Silicon, Ukraine, Ka, Zaporizhzhia Oblast, Ukrainian, University of Southern Denmark, Kharkiv, REUTERS Russia

☆ Why Ukraine's Patriot missile systems can't cope with Russia's old, iron bombs
▼ + stars: | 2023-09-23 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

The heavy airplane bombs are "particularly vexing" for air defense systems built to strike lighter targets. Hi-tech air defense missiles are designed to strike more lightweight targets and are ill-equipped to counter the bombs' old, heavy iron construction. This makes them a weapon that the latest air defense systems, like the much-vaunted US Patriot missiles, were not designed to combat, military experts say. The distance from which you can strike the enemy is low, forcing aircraft to fly into the danger zone of the enemy's air defense systems. They can reach a target of 30 miles away, out of range of most of the air defense systems on the frontline.

Persons: Oleksiy, Melnyk, Yuriy Ignat, Ukraine's, Vladimir Putin's, Denys Smazhnyi Organizations: Service, Patriot, Sappers, State Emergency Service, FAB, REUTERS, Ukrainian Air Force, New York Times, Kyiv Independent Locations: Wall, Silicon, Ukraine, Kyiv, Kharkiv, REUTERS Russia, Soviet, Russia, Russian

☆ Morgan Stanley says these 6 global stocks will benefit from a 'monumental shift' in the chip industry
▼ + stars: | 2023-09-22 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +2 min

A "monumental shift" is underway in the semiconductor industry — and a raft of stocks are set to benefit, according to analysts at Morgan Stanley . "The transition to 3D 'gate-all-around' architecture marks a monumental shift for leading-edge logic chip architectures," the analysts said. Though industry players expect that initial gains will be "relatively subdued," Morgan Stanley is optimistic that the shift will create a "roadmap into the next decade." Stock picks Here are some of the stocks Morgan Stanley expects will benefit: Lam Research is one of the stocks the bank rated overweight. Morgan Stanley analysts agreed with the company's statement that "gate-all-around is good for the industry, [so] good for ASML."

Persons: Morgan Stanley, TSMC, it's, — CNBC's Michael Bloom Organizations: ramping, Materials, ASM, ASML, Intel, Samsung, GAA Locations: U.S, Swiss

☆ Deion Sanders’ ‘audacious Blackness’ makes him the hero African Americans want right now
▼ + stars: | 2023-09-21 | by ( John Blake | ) edition.cnn.com time to read: +12 min

CNN —After his team’s first victory earlier this month, University of Colorado football coach Deion Sanders said something remarkable. He has entered one of the Whitest and most conservative institutions in America — college football — and excelled. It’s no secret the league has had a poor record of hiring Black coaches. Ron Jenkins/Getty ImagesHe’s brought an “audacious Blackness” to college football that’s revolutionary, one commentator says. In many ways, the profession at this level has become welfare for white coaches.

Persons: CNN —, Deion Sanders, “, ” Sanders, Sanders, He’s, Muhammad Ali, Lil Wayne, Kawhi Leonard, Dwayne “, ” Johnson, ” Deion Sanders, Dwayne, Johnson, Andrew Wevers, ”, ” Clinton Yates, Obama, George Floyd, White, —, It’s, Colin Kaepernick, Carmen Mandato, He’ll, ‘, ” Greg Moore, Al Campanis, weren’t, Doug Williams, Rick Stewart, “ I’m, That’s, he’s, Shedeur Sanders, Ron Jenkins, ’, ” Vaughn Wilson, Ted Johnson, Deion, “ Sanders, Bakari K, Lumumba, cornerbacks, John Blake Organizations: CNN, University of Colorado, LA Clippers, Colorado, USC, BET, Colorado Buffaloes, Colorado State Rams, USA, Sports, Reuters, Buffaloes, Georgetown Hoyas men’s, University of Miami football, UNLV, Michigan, US Supreme Court, America —, NFL, White, Los Angeles Dodgers, Washington Redskins, Super, Blacks, of Famer, Jackson State University, TCU, Fort Worth , Texas . Colorado, Jackson State, Washington Post, that’s, Pan, Oregon Ducks, Black Locations: Boulder, Boulder , Colorado, Black America, America, Alabama, Georgia, Louisiana, Arizona, White America, Colorado, Mississippi, Fort Worth , Texas, White

☆ Arizona governor says state in talks with TSMC on advanced packaging
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +1 min

A smartphone with a displayed TSMC (Taiwan Semiconductor Manufacturing Company) logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsTAIPEI, Sept 19 (Reuters) - The governor of the U.S. state of Arizona said on Tuesday that the state was in talks with Taiwanese chipmaker TSMC (2330.TW) on advanced packaging. TSMC is investing $40 billion in the project, supporting Washington's plans for more chipmaking at home. Speaking during a visit to Taipei, Governor Katie Hobbs said the TSMC factory project in Arizona was going well and she was very impressed by the speed with which it has been built. Taiwan Semiconductor Manufacturing Co Ltd, the world's largest contract chipmaker, counts Apple (AAPL.O) and Nvidia (NVDA.O) among its major clients.

Persons: Dado Ruvic, TSMC, Katie Hobbs, Hobbs, I'm, it's, Sarah Wu, Ben Blanchard, Muralikumar Anantharaman, Edmund Klamann Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Rights, Taiwan Semiconductor Manufacturing Co, Apple, Nvidia, Thomson Locations: Rights TAIPEI, U.S ., Arizona, Taiwan, Taipei

☆ Fourteen dead in plane crash in Brazil's Amazonas state
▼ + stars: | 2023-09-16 | by ( Steven Grattan | ) www.reuters.com time to read: +1 min

SAO PAULO, Sept 16 (Reuters) - Fourteen people on a small jet died when the plane crashed in Brazil's northern Amazonas state on Saturday, the state's governor said. The accident took place in the Barcelos province, some 400 km (248 miles) from the state capital, Manaus. "I deeply regret the death of the 12 passengers and two crew members who were victims of the plane crash in Barcelos on Saturday," said Wilson Lima, Governor of Amazonas state on X, formerly known as Twitter. "Our teams have been working from the outset to provide the necessary support. Reporting by Steven Grattan; Editing by David Gregorio and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Wilson Lima, Governor Lima, Steven Grattan, David Gregorio, Kim Coghill Organizations: SAO PAULO, Brazilian Air Force, Investigation, Prevention, Embraer, O Globo, Governor, Thomson Locations: Brazil's, Amazonas, Barcelos, Manaus, Governor, Lima

The instruction by TSMC, which is grappling with delays at its $40 billion chip factory in Arizona, is aimed at controlling costs and reflects the company's growing caution about the outlook for demand, the sources said. Suppliers currently expect the delay to be short-term, the sources said, declining to be named as the information is not public. Companies affected by the instruction to delay include Dutch firm ASML (ASML.AS), which makes lithography equipment essential for high-end chipmaking, one of the sources said. ASM International (ASMI.AS), a smaller equipment firm that is also a supplier to TSMC, fell 4.2% with BE Semiconductor (BESI.AS), a packaging equipment firm, down 2.4%. CHIP CYCLE WORRIESThe Taiwanese chip giant is not alone in worrying a bounce back in demand may take longer than expected.

Persons: Dado Ruvic, TSMC, chipmaker, C.C, Wei, Peter Wennink, We've, Wennink, they're, Mark Liu, Sam Nussey, Fanny Potkin, Toby Sterling, Miyoung Kim, Stephen Coates Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Suppliers, Reuters, ASM, BE Semiconductor, Apple, Media, Huawei, Analysts, chipmaker Semiconductor Manufacturing International Corp, HK, Thomson Locations: TOKYO, SINGAPORE, AMSTERDAM, Arizona, China, Taiwan, Beijing, Washington, Tokyo, Singapore, Amsterdam

[1/2] Chairman and CEO of Vietnam's leading tech firm FPT Truong Gia Binh poses during an interview with Reuters at the company's headquarters in Hanoi, Vietnam September 11, 2023. REUTERS/Francesco Guarascio Acquire Licensing RightsHANOI, Sept 14 (Reuters) - Vietnam's leading tech firm FPT (FPT.HM) has orders for nearly 70 million chips through 2025 and is eyeing expansion in Artificial Intelligence (AI) and technical training, the company's chief said. It offers AI, cloud and big data services to clients in 29 countries and is also growing in chip designing and education. FPT sealed a partnership with U.S. firm Landing AI to boost its training capabilities, the company said. The new law was a "game-changer" because it created the conditions for foreign countries, "other than China", to expand, and U.S. pledges this week to boost Vietnam's chips sector further confirmed that, he said.

Persons: Gia Binh, Francesco Guarascio, FPT, Joe Biden's, Truong Gia Binh, Binh, Francesco Guarascio @fraguarascio, Phuong Nguyen, Lincoln Organizations: Reuters, REUTERS, Rights, Artificial Intelligence, U.S, Nvidia, Samsung, JPMorgan, Thomson Locations: Hanoi, Vietnam, Rights HANOI, Chi Minh City, Moscow, U.S, China, Taiwan, South Korea, Japan, Korean, United States

Taiwan Semiconductor Manufacturing Company's (TSMC) logo is seen while people attend the opening of the TSMC global R&D center in Hsinchu, Taiwan July 28, 2023. In the past five months the improvement has been tremendous," TSMC Chairman Mark Liu said of the Arizona project last week. The $40 billion investment in Arizona allows TSMC to add capacity outside Taiwan, where it faces constraints on land, power, water and labour. "A lot of machines cannot be shut down because it costs TSMC to recalibrate on rebooting," said a chip industry executive. While many equipment and materials makers already have global operations, to meet its exacting standards TSMC has also brought suppliers to Japan from Taiwan, the sources said.

Persons: Ann Wang, TSMC, Mark Liu, Lucy Chen, Brady Wang, Sam Nussey, Fanny Potkin, Sarah Wu, Miho Uranaka, Jamie Freed Organizations: Taiwan Semiconductor Manufacturing, REUTERS, TSMC, Reuters, Isaiah Research, Sony, Ministry, Economy, Trade, Industry, Thomson Locations: Hsinchu, Taiwan, Japan, TOKYO, SINGAPORE, TAIPEI, Arizona, Kyushu, U.S, Germany, TSMC

☆ GlobalFoundries opens $4 billion Singapore expansion fab to meet 'demand for essential semiconductor chips'
▼ + stars: | 2023-09-12 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

A robotic arm moves 300 mm silicon semiconductor wafers inside a sorting machine in a cleanroom at a Globalfoundries Inc. semiconductor fabrication plant. Liesa Johannssen | Bloomberg | Getty ImagesU.S.-headquartered GlobalFoundries announced Tuesday the opening of its $4 billion expansion fabrication plant in Singapore as the contract chipmaker expects "growth in demand for essential semiconductor chips." Singapore supplies 11% of the world's semiconductors, according to the Singapore Semiconductor Industry Association. GlobalFoundries acquired Singapore's Chartered Semiconductor Manufacturing and took over its fabs in 2010. The following June, the Nasdaq-listed semiconductor manufacturer said its first tool had been moved into the Singapore facility.

Persons: Johannssen, GlobalFoundries, chipmaker, Thomas Caulfield, Caulfield, CNBC's Organizations: Inc, Bloomberg, Getty, CNBC, Qualcomm, MediaTek, NXP Semiconductors, 5G, Singapore Semiconductor Industry Association, Partnership, Samsung, Semiconductor Manufacturing, Economic, Board, Nasdaq, CNBC's Sri Locations: Singapore, U.S, Germany

The second person familiar with the plans confirmed the presence of several large U.S. chips companies, including Amkor, their Vietnamese partners, such as tech company FPT (FPT.HM), and Vietnamese and U.S. top officials, including Secretary of State Antony Blinken. Chip designing firm Marvell has said it plans to build a "world-class" centre in Vietnam. Vingroup (VIC.HM), Vietnam's largest conglomerate and the parent of Nasdaq-listed electric car maker VinFast , has a unit focussed on AI. Boeing may announce a deal involving the sale of 50 of its 737 MAX jets, people familiar with the matter told Reuters. Reporting by Francesco Guarascio @fraguarascio; additional reporting by Fanny Potkin; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Leah Millis, Antony Blinken, Janet Yellen, Marvell, Francesco Guarascio @fraguarascio, Fanny Potkin, William Mallard Organizations: Warehouse Union, Pacific Maritime Association, White, REUTERS, Rights, Intel, Google, Marvell, Boeing, Reuters, Sunday, Samsung, Qualcomm, Nasdaq, Thomson Locations: Washington , U.S, Rights HANOI, U.S, Hanoi, Vietnam, China, Taiwan

Search resuls for: "Fab"

25 mentions found