Chip Shortage

Data center servers in racks
Meta Extends Server Lifespan to 7 Years Amid AI Chip Shortage

Meta Platforms is extending the lifespan of certain data center servers from six to seven…

Intel logo on smartphone display
Intel Shares Drop 13% as AI Data Center Chip Demand Surges

The company said it struggled to satisfy demand for server chips used in AI data…

Samsung memory chips for AI
Samsung Eyes 160% Q4 Profit Jump Amid Soaring AI Chip Prices

Samsung Electronics is expected to report a sharp rise in fourth-quarter operating profit. Analysts forecast…

Spain sets $13 billion budget for chip manufacturing

Spain’s government has approved a plan to spend 12.25 billion euros ($13.12 billion) on the…

BMW launching vehicles with no Apple or Google support

The global chip shortage continues to cause problems for automakers to the point where some…

Intel plans to invest USD 20 billion in chip manufacturing sites

Intel’s investment is intended to deal with the global chip shortage that is heavily impacting…

Chipmaker GlobalFoundries, Mubadala raise $2.6bn in top-of-range IPO

GlobalFoundries Inc. and major shareholder Mubadala Investment Co. raised almost $2.6 billion in an initial…

Ford’s U.S. sales falls 35% due to shortage of chips

U.S. sales of Ford Motor’s new vehicles last month declined by 33.1% from a year earlier due…

Ford plans to reduce F-150 pickup truck production due to chip shortage

Ford Motor is once again cutting production of its highly profitable F-150 pickup truck and two…