The Latest Breaking News from Semiconductor

Despite being walloped by rising interest rates and supply chain constraints, the surging demand for advanced and efficient semiconductor chips and rising investments should drive the semiconductor industry’s growth. Therefore, Wall Street analysts expect Advanced Micro Devices (AMD) and QUALCOMM (QCOM) to deliver solid returns. But which of these stocks…

The market is expected to remain under pressure due to the Fed’s rate hikes and the rising recession concerns. Amid this backdrop, dividend-paying stocks Broadcom (AVGO) and Shell (SHEL) are expected to gain investors’ interest due to their stable dividend payouts and high yields. Both the stocks are Buy-rated in…

U.S. new vehicle sales tumbled more than 21% in the second quarter compared with a year ago as the global semiconductor shortage continued to cause production problems for the industry

Sensata Technologies Holding PLC (NYSE:ST) sold its Qinex semiconductor thermal test and control business to Boyd Corporation for $219 million, including a small secondary closing. Sensata's Qinex business manufactures semiconductor burn-in test sockets and thermal control solutions. Sensata plans to continue manufacturing Qinex's products via a contract manufacturing deal with Boyd for 6…

Someone with a lot of money to spend has taken a bearish stance on Taiwan Semiconductor (NYSE:TSM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Dow Jones strengthened in afternoon trading Friday, along with the Nasdaq, which was unfazed by a sell-off in semiconductor stocks.

  On Friday, 319 stocks hit new 52-week lows.

General Motors Co (NYSE:GM) provided a business update for 2Q22 and said its vehicle wholesale volumes were impacted by the timing of certain semiconductor shipments and other supply chain disruptions. The company said it had approximately 95 thousand vehicles in its inventory, manufactured mostly in June, without certain components. GM expects to complete…

The project is aimed at providing direct employment to over 5,000 people in the next five years

WASHINGTON — Republicans won’t back compromise legislation to boost domestic semiconductor manufacturing and U.S. competitiveness with China if Democrats continue to negotiate a partisan budget package that can pass without GOP support, Senate Minority Leader Mitch McConnell said Thursday.

Senate minority leader says GOP won't back legislation to boost domestic semiconductor manufacturing if Democrats push their budget package.