Finance News.

Texas Snowstorms to Disrupt Electronics Supply Chain

The snowstorms in Texas have led to a 133-car pileup, nearly a half-million without power, and millions in the state under boil-water notices. The storms’ impact on semiconductor fabrication plants in the Lone Star state has also received attention. “The storm-related power outages in Texas could have a mind-blowing impact on fabs and, in turn,…

Chip CEOs Reach Out to White House

As CEOs of the leading chip companies signed a letter to U.S. President Biden urging him to prioritize funding for semiconductor manufacturing and research, the White House press secretary Jen Psaki said late last week in a press briefing that industry should expect an executive order to be signed within weeks. The Semiconductor Industry Association (SIA) board…

Intel Retains Rank as No. 1 Semiconductor Supplier in 2020

The semiconductor industry has been one of the most resilient markets during this coronavirus-plagued year. Seven top-15 semiconductor suppliers are forecast to show ≥22% growth in 2020 with Nvidia expected to post a huge 50% increase, reports IC Insights.  Leading semiconductor supplier Intel, with only 4% growth, managed to maintain its No. 1 ranking. The…