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Ford and Stellantis warn auto chip shortage could last until 2022

Ford and Stellantis recently warned that the global chip shortage could persist into 2022. The automakers also revealed how the component crunch affected their earnings...

SK Hynix improves Q1 operating profit by 66 percent due to consumer products demand

SK Hynix grew its first-quarter operating profit by 66 percent year-over-year thanks to strong demand for new PCs and smartphones. Typically, the corporation experiences declining...

Apple expects semiconductor shortage to cut Q2 revenue by up to $4 billion

Apple reported that its revenue expanded by 54 percent year-over-year during the fiscal second quarter recently. That income spike, driven by strong interest in...

Qualcomm FQ2 revenue up 52 percent due to strong smartphone and IoT chip demand

Qualcomm expanded its revenue by 52 percent in its fiscal second quarter thanks to robust demand for its smartphones and IoT chips. The fabless...

AMD Q1 revenue grew 93 percent due to robust consumer and enterprise chipset demand

Advanced Micro Devices (AMD) recently posted first-quarter financial results revealed that it grew its revenue by 93 percent year-over-year. Its extraordinarily strong showing is...

Foxconn negotiating purchase of Macronix semiconductor foundry to support EV business

Foxconn, Apple’s primary iPhone assembler, is negotiating the purchase of a semiconductor factory owned by Macronix International. The firm wants to buy the facility...

Lam Research Q1 net income up 86 percent because of intense equipment demand

Lam Research, a leading provider of wafer fab equipment (WFE) recently revealed that it increased its first-quarter net income by 86.3 percent year-over-year. The...

NXP Semiconductors grows Q1 revenue by 27 percent despite major recent challenges

NXP Semiconductors recently announced that it grew its first-quarter revenue by 27 percent year-over-year despite its recent challenges. The company has grappled with the...

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Ford and Stellantis warn auto chip shortage could last until 2022

Ford and Stellantis recently warned that the global chip shortage could persist into 2022. The automakers also revealed how the...

SK Hynix improves Q1 operating profit by 66 percent due to consumer products demand

SK Hynix grew its first-quarter operating profit by 66 percent year-over-year thanks to strong demand for new PCs and...

Apple expects semiconductor shortage to cut Q2 revenue by up to $4 billion

Apple reported that its revenue expanded by 54 percent year-over-year during the fiscal second quarter recently. That income spike,...

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