Chip Stocks Fall As Delivery Times Shrink Samsung Plans to Build World S Largest Chip Complex
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Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Stocks Finish Lower, Led by Nasdaq
U.S. stocks finished lower, with the S&P 500 creeping further from its recent record highs.The Wall Street Journal - World -
Intel Receives $8.5 Billion in Grants to Build Chip Plants
The award, announced by President Biden at a plant in Arizona, is the biggest the government has made under a new program that aims to rebuild the nation’s semiconductor manufacturing industry.The New York Times - Tech -
SK Hynix, the exclusive partner to Nvidia's most advanced graphic-processor units, plans to invest roughly $4 billion to build an advanced chip-packaging facility in Indiana.
SK Hynix, the exclusive partner to Nvidia’s most advanced graphic-processor units, plans to invest roughly $4 billion to build an advanced chip-packaging facility in Indiana.The Wall Street Journal - World -
World’s largest oilfield services group has no plans to leave Russia
SLB has resisted pressure to follow its two biggest rivals in pulling out in response to Ukraine warFinancial Times - Business - Russia -
Apple Chip Flaw Leaks Secret Encryption Keys
Plus: The Biden administration warns of nationwide attacks on US water systems, a new Russian wiper malware emerges, and China-linked hackers wage a global attack spree.Wired - Tech - Apple -
Waiting for Evan, Putin's 'bargaining chip' in Russian jail
It has been one year since US journalist Evan Gershkovich was arrested in Russia and accused of spying.BBC News - Top stories - Russia -
Rohm Proposes Strengthening Chip Tie-Up With Toshiba
Rohm has proposed strengthening a chip tie-up with Toshiba as international competition intensifies in the semiconductor industry.The Wall Street Journal - World -
Having ridden the New York commercial-property boom together, NYCB and Meridian Capital are now in a changed world of higher interest rates and falling building valuations.
Having ridden the New York commercial-property boom together, NYCB and Meridian Capital are now in a changed world of higher interest rates and falling building valuations.The Wall Street Journal - World - New York -
U.S. stocks retreated for a second straight session, with the S&P 500 and Nasdaq both losing 0.3% and the Dow industrials falling 0.4%.
U.S. stocks retreated for a second straight session, with the S&P 500 and Nasdaq both losing 0.3% and the Dow industrials falling 0.4%.The Wall Street Journal - World -
China blocks use of Intel and AMD chips in government computers
Microsoft’s Windows and foreign database programs also sidelined as Beijing favours Chinese hardware and softwareFinancial Times - World - China -
China's new guidelines block Intel and AMD chips in government computers: FT
Government agencies above the township level to purchase "safe and reliable" processors and operating systems.CNBC - Business - China -
Ferrari doubles Taiwan sales as chip entrepreneurs fuel demand
Customers ‘making a lot of money’ as appetite for luxury cars outpaces China and Hong Kong, says chiefFinancial Times - Business -
Eliyan raises $60M for chiplet interconnects that speed up AI chips
Eliyan has raised $60 million in funding for its chiplet interconnect technology that speeds up the processing for AI chips.VentureBeat - Tech -
Biden to Announce Multibillion-Dollar Grant for Intel to Expand Chip Production
The decision comes as President Biden champions his economic policies during a tour of the Southwest.The New York Times - Tech - Joe Biden -
How the U.S. is faring against China in computer chip race
The global competition to secure access to semiconductors is perhaps the most vital competition of all the battles for resources on the planet. Economic historian Chris Miller joins CBS News to discuss how lawmakers are addressing the challenge ...CBS News - Top stories - China -
Chip Company Helping Power AI Raises $175 Million
Gartner estimates artificial intelligence could consume up to 3.5% of the world’s electricity by 2030. Chip manufacturer Celestial AI says its technology can help minimize that demand.The Wall Street Journal - World -
On chip self-sufficiency, Washinton must put up or shut up
Washington is falling far behind in its commitment to this mission, which is set to become a total failure if serious changes are not made.The Hill - Politics -
Chip Roy dodges question on whether he would back motion to vacate Johnson
Rep. Chip Roy sidestepped a question on whether he would back a motion to vacate Speaker Mike Johnson (R-La.) over the bipartisan spending deal passed over the weekend. CNN's Jake Tapper pressed Roy on "State of the Union" on whether he would ...The Hill - Politics -
Questions for each Big Ten team in spring: Chip Kelly's debut at Ohio State among top storylines to follow
Is Michigan, the defending national champion, reloading or rebuilding under new coach Sherrone Moore?CBS Sports - Sports -
The world’s largest Māori and Pacific Island school cultural festival – in pictures
Polyfest, held this week in Auckland, New Zealand, saw thousands of high school students gather to compete in music, dance and speech performances Continue reading...The Guardian - World -
Gamers spend 25% more time watching streaming TV than non-gamers | Samsung Ads
Gamers spend 25% more time watching streaming TV than non-gamers do, according to a new report from Samsung Ads.VentureBeat - Tech -
Amazon writes its largest venture cheque yet for AI start-up Anthropic
$2.75bn deal is the latest sign of Big Tech’s race to capitalise on the booming sectorFinancial Times - Business - Amazon -
Fisker’s stock tumbles further as talks with carmaker fall through
The EV company had been in talks with a big carmaker about a potential transaction, but that company has terminated negotiations.MarketWatch - Business -
Coinbase’s stock falls after request to dismiss the SEC’s suit was denied
Coinbase’s stock fell Wednesday, after the cryptocurrency exchange said its request to dismiss the U.S. Securities and Exchange Commission’s lawsuit was denied by federal court.MarketWatch - Business -
AMC shares fall 14% after movie-theater chain announces $250 million stock sale
Shares of AMC Entertainment Holdings Inc. fell 14.3% in Thursday’s session after the movie-theater chain and original meme stock filed to sell up to $250 million of stock.MarketWatch - Business -
Baltimore port crisis: World's largest container ship company, MSC, dumps diverted cargo problem on US companies
Due to the Baltimore bridge collapse, MSC, the world's biggest container ship company, told customers that diverted cargo will become customer responsibility.CNBC - Business -
China’s Plan to Spur Growth: A New Slogan for Building Factories
As China’s leaders promote their strategy, other countries worry about manufacturing overcapacity and plans for more exports.The New York Times - Business - China -
Chicago plans to move migrants to other shelters and reopen park buildings for the summer
Chicago plans to close five shelters for migrants in the coming weeksABC News - Top stories -
UK to cut stock settlement times from 2027
Government approves timetable for the City to join global push to upgrade market plumbingFinancial Times - Business - United Kingdom -
I’m Inc.’s Emotional Intelligence Columnist. Here’s How I Manage My Emotions, Reduce Anxiety, and Build Stronger Relationships
I've studied and taught emotional intelligence for years. Here's what I learned in the process.Inc. - Business -
Wall Street revamps 2024 S&P 500 targets after record-setting stock-market rally
Wall Street analysts are playing catchup with the 2024 stock-market rally.MarketWatch - Business -
Major U.S. stock indexes declined, with the S&P 500, Nasdaq and Dow industrials retreating 0.3%, 0.4% and 0.1%, respectively.
Major U.S. stock indexes declined, with the S&P 500, Nasdaq and Dow industrials retreating 0.3%, 0.4% and 0.1%, respectively.The Wall Street Journal - World -
Momentum stocks are outperforming S&P 500 by widest margin since 2008. Investors should be concerned.
Momentum stocks are coming off their best stretch of outperformance in years — since just before the financial crisis, in fact. That’s making some investors nervous.MarketWatch - Business -
U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.
U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.The Wall Street Journal - World -
Masimo’s stock gains on report of activist campaign, disclosure of spinoff plan
Masimo Corp.’s stock was up by nearly 4% on Monday after Politan Capital Management said it plans to nominate two more members to the patient-monitoring-technology company’s board.MarketWatch - Business -
Rent the Runway Plans 1-for-20 Stock Split to Keep Nasdaq Listing
The reverse stock split comes about five months after it received a Nasdaq notification that the company had until April 17 to regain compliance with the index’s listing rules.The Wall Street Journal - World -
Diners With Lower Incomes Shrink Their Fast Food Orders
McDonald's and Wendy's say they're seeing smaller orders and fewer visits from people earning less than $50,000 a year.Inc. - Business -
A Filipino villager is nailed to a cross for the 35th time on Good Friday to pray for world peace
Yahoo News - World -
A Filipino villager is nailed to a cross for the 35th time on Good Friday to pray for world peace
A Filipino villager has been nailed to a wooden cross for the 35th time to reenact Jesus Christ’s suffering in a brutal Good Friday traditionABC News - World