NXP Semiconductors N.V.. NXPI+2.27%. + Free Alerts. is expected to release
Truist Financial Corp lowered its stake in NXP Semiconductors (NASDAQ:NXPI – Free Report) by 16.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 334,732 shares of the semiconductor provider’s stock after selling 66,654 shares during the quarter. Truist Financial Corp owned about […]
The Micron project comes after the White House has announced massive investments for Intel, TSMC and Samsung in recent weeks using funds from the 2022 CHIPS and Science Act.
Microchips are hot. The tiny bits of silicon are integral to 21st-century life because they power the smartphones we rely on, the cars we drive and the advanced weaponry that is the backbone of national security. They’re so important that the disruption of the microchip supply chain during the pandemic became an urgent national security issue. Also, microchips are literally hot.
The Biden administration has announced dedicated R&D centers to push for semiconductor research to equip the country with domestic chip production capabilities and a solid workforce.
Qualcomm is already designing chips in India, Qualcomm India's president Savi Soin said in an exclusive interview.
Last week President Biden visited Syracuse, NY, to do something government officials typically do: tout a massive investment in the local economy. But this was not just any investment – it was $6.1 billion provided by the CHIPS and Science Act to Micron Technology, which plans to spend $100 billionRead Entire Article
Activist investor Jana Partners has built a "significant" position in semiconductor firm Wolfspeed, according to a letter to Wolfspeed's board viewed by CNBC.
Cary Street Partners Investment Advisory LLC trimmed its stake in NXP Semiconductors (NASDAQ:NXPI – Free Report) by 87.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,873 shares of the semiconductor provider’s stock after selling 13,340 shares during the period. […]
The state is attracting residents and industry, resulting in “robust” first-quarter sales, said Andrew Cooper, chief financial officer of APS parent Pinnacle West.