Tech Market Values Fall on AI Costs and Recession Fears; Eli Lilly, Berkshire Gain
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#33a0847c ver:0.67
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#newstr #TechMarket #AiCosts #Recession #EliLilly #BerkshireHathaway #Alphabet #Amazon #Tesla #Nvidia #Meta
https://here.news/story/33a0847c?ver=0.67
Wall Street Falls as Chip Stocks and Economic Data Weigh on Markets
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#33a0847c ver:0.57
#WallStreet falls as chip stocks and economic data weigh on markets. Tech stocks drop as Biden administration considers sanctions on Chinese tech firms and tighter semiconductor trade restrictions. Nasdaq Composite down 2.7%, S&P 500 down 1.3%. Diversification advised. US aims to transform chip supply chain to reduce dependence on China. Trade tensions cause chip stocks to plummet. Economic data and jobless claims also contribute to market decline. Volatility and caution in the market. #StockMarket #TechStocks #ChipIndustry #EconomicData...
#newstr #TechStocks #ChinaTechFirms #SemiconductorTradeRestrictions #ChipExports #ChipSector #GlobalChipSupplyChain #TradeTensions #WallStreet #EconomicData
https://here.news/story/33a0847c?ver=0.57
Tech Stocks Plunge as Biden Administration Considers Sanctions on Chinese Tech Firms
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#33a0847c ver:0.55
Tech stocks plummet as Biden administration considers sanctions on Chinese tech firms, causing Nasdaq to drop 2.7% and S&P 500 to lose 1.3%. Nvidia and AMD shares fall 6.2% and 7.8% respectively. Stricter chip export regulations to China put pressure on the sector, prompting investors to diversify portfolios. US aims to reduce dependence on China by attracting investments in chipmaking and diversifying supply chain. #TechStocks #Sanctions #ChipSupplyChain #Investing...
#newstr #TechStocks #ChinaChipmakers #BidenAdministration #NasdaqComposite #S&p500 #Dow #Nvidia #AdvancedMicroDevices #Sanctions #SemiconductorTradeRestrictions #MagnificentSeven #Microsoft #Apple #Amazon #MetaPlatforms
https://here.news/story/33a0847c?ver=0.55
China Trade War Fears Impact Global Stock Market as $260 Billion is Wiped Off Companies' Value
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#33a0847c ver:0.54
Fears of a China trade war cause global stock market decline, wiping off $260 billion from companies' value. Biden administration plans stricter trade regulations on chip exports to China, impacting tech stocks. Investors advised to diversify portfolios. US aims to transform chip supply chain, attract foreign investments, and reduce dependence on China. $395 billion invested in semiconductor manufacturing in the past 3 years. US projected to increase global chip manufacturing share to 14% by 2032. Coercive chip diplomacy used to prevent China from replicating American technology. #TradeWar #StockMarket #TechStocks #ChipSupplyChain #Investment #China...
#newstr #China #TradeWar #StockMarket #TechnologyStocks
https://here.news/story/33a0847c?ver=0.54
Biden Administration's Plans to Restrict Chip Exports to China Impact Global Market Outlook
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#33a0847c ver:0.53
The Biden administration's plans to restrict chip exports to China are impacting the global market outlook, causing chip stocks to fall. Investors are advised to diversify and look for undervalued areas of the market. Meanwhile, the administration is working to transform the global chip supply chain by attracting foreign investments in chipmaking in the US and encouraging other countries to establish chip production facilities. This aims to address security concerns and reduce dependence on China. The US has attracted significant investments in semiconductor manufacturing and is projected to increase its share of global chip manufacturing. Additionally, the administration is using coercive chip diplomacy to prevent China from replicating American technology. #ChipExports #GlobalMarket #BidenAdministration #SupplyChainTransformation #Investment #SecurityConcerns...
#newstr #BidenAdministration #ChipSupplyChain #China #TradeRegulations #ChipStocks
https://here.news/story/33a0847c?ver=0.53
US creates high-tech global supply chains to blunt risks tied to China
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#33a0847c ver:0.52
The Biden administration is transforming the global chip supply chain to address security concerns and reduce disruptions. By attracting foreign investments in chipmaking and encouraging other countries to establish factories, the US aims to decrease dependence on China. With $395 billion in semiconductor manufacturing and $405 billion in green technology investments, the US is projected to increase its share of global chip manufacturing to 14% by 2032. Coercive chip diplomacy is also being used to prevent China from replicating American technology. #SupplyChain #Security #Investment #Technology...
#newstr #Us #China #ChipSupplyChain #Semiconductors #Investment
https://here.news/story/33a0847c?ver=0.52
U.S. chip industry faces skilled worker shortage, calls for immigration reform
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#33a0847c ver:0.51
The US chip industry is facing a skilled worker shortage, threatening its growth and technological leadership. The Biden administration has launched the NSTC program to address this issue, providing grants for workforce development projects. Arizona State University and Indiana University are also taking steps to attract more talent to the semiconductor industry. Proposed solutions include a specialized visa program and comprehensive immigration reform. GlobalFoundries is recruiting talent and offering benefits to fill hundreds of roles. Without action, the US risks losing its chip industry dreams. #Semiconductor #SkilledWorkers #ImmigrationReform #NSTC #ChipsAct...
#newstr #UsChipIndustry #SkilledWorkerShortage #ImmigrationReform #SemiconductorIndustry #ChipsAndScienceAct #StemGraduates
https://here.news/story/33a0847c?ver=0.51
US chip industry faces skilled worker shortage, calls for immigration reform
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#33a0847c ver:0.5
The US chip industry is facing a skilled worker shortage, threatening its growth and technological leadership. The Biden administration has launched the NSTC program to address this issue, providing grants for workforce development projects. Arizona State University and Indiana University are also taking steps to attract more talent to the semiconductor industry. Proposed solutions include a specialized visa program and comprehensive immigration reform. GlobalFoundries is recruiting talent and offering benefits to fill roles. Without action, the industry risks losing US technological leadership and national security benefits. #SemiconductorIndustry #SkilledWorkerShortage #ImmigrationReform...
#newstr #UsChipIndustry #SkilledWorkerShortage #ImmigrationReform #ChipsAndScienceAct #StemGraduates
https://here.news/story/33a0847c?ver=0.5
GlobalFoundries races to find semiconductor talent as demand for chips soars
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#33a0847c ver:0.49
The US semiconductor industry is facing a labor shortage, but efforts are being made to address it. The National Semiconductor Technology Centre program aims to cultivate the chip workforce and support industry growth with grants from the $5 billion federal funding. Arizona State University and Indiana University are playing key roles in revitalizing the industry and attracting talent. However, the industry still faces a skilled worker shortage, and proposed solutions include specialized visas and comprehensive immigration reform. GlobalFoundries is actively recruiting talent and offering benefits to fill hundreds of roles. Funding from the CHIPS and Science Act will help create jobs and solve recruitment challenges. #SemiconductorIndustry #LaborShortage #WorkforceDevelopment...
#newstr #SemiconductorIndustry #LaborShortage #TalentRecruitment #ChipsAndScienceAct
https://here.news/story/33a0847c?ver=0.49
US launches program to address labor shortage in semiconductor industry
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#33a0847c ver:0.48
The US launches the National Semiconductor Technology Centre program to address the labor shortage in the semiconductor industry. With $5 billion in federal funding, the program aims to cultivate the US computer-chip workforce and support industry growth. The Chips Act has already led to the expansion of semiconductor-related programs in community colleges. Arizona State University and Indiana University are also playing key roles in revitalizing the industry and attracting more talent. However, the industry still faces a skilled worker shortage, and proposed solutions include specialized visas and comprehensive immigration reform. #SemiconductorIndustry #WorkforceDevelopment #ChipsAct #SkilledWorkers...
#newstr #Us #ChipsAct #LaborShortage #SemiconductorProduction #WorkforceDevelopment #NationalSemiconductorTechnologyCentre #FederalFunding #ChipsAndScienceAct #Chipmaking #SemiconductorResearchAndDevelopment #Technicians #CommunityColleges #Intel #TaiwanSemiconductorManufacturingCo #SamsungElectronics #MicronTechnology
https://here.news/story/33a0847c?ver=0.48
US chip industry faces skilled worker shortage, threatens growth
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#33a0847c ver:0.47
The US chip industry is facing a skilled worker shortage that threatens its growth. Arizona State University and Indiana University are taking steps to address this issue. ASU has expanded its engineering program and developed partnerships with industry companies, contributing to Arizona's leadership in semiconductor investments. IU has received funding to launch pilot programs aimed at attracting more women and underrepresented populations to the industry. However, without an increase in skilled workers, the US may lose technological leadership. Proposed solutions include a specialized visa program and comprehensive immigration reform. #ChipIndustry #SkilledWorkers #USGrowth...
#newstr #UsChipIndustry #Immigration #SkilledWorkers #ChipsAndScienceAct #StemEducation
https://here.news/story/33a0847c?ver=0.47
$2 million investment to expand semiconductor workforce development in Indiana and Arizona
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#33a0847c ver:0.46
President Biden's CHIPS and Science Act is driving semiconductor workforce development in Indiana and Arizona with a $2 million investment. Arizona State University is leading the way, expanding enrollment, attracting industry investment, and establishing an innovation hub. Indiana University is launching pilot programs to attract women and underrepresented populations to the industry. These initiatives will help meet the growing demand for skilled workers. #SemiconductorIndustry #WorkforceDevelopment...
#newstr #MicroelectronicsIndustry #SemiconductorIndustry #WorkforceDevelopment #Arizona #Indiana
https://here.news/story/33a0847c?ver=0.46
ASU and Federal Investment Drive Revitalization of Arizona's Microelectronics Industry
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#33a0847c ver:0.45
Arizona's microelectronics industry is thriving thanks to ASU's efforts and President Biden's $52.7 billion investment in semiconductor manufacturing. ASU has expanded its School of Engineering, formed partnerships with industry companies, and attracted $64 billion in private-sector investments. With over 32,000 students, including 7,000 in microelectronics, ASU is a talent pipeline. Their MacroTechnology Works facility fosters collaboration between academia and industry, driving innovation. #Microelectronics #ASU #SemiconductorInvestment...
#newstr #Microelectronics #ArizonaStateUniversity #SemiconductorIndustry #ChipsAndScienceAct #Workforce #MacrotechnologyWorks
https://here.news/story/33a0847c?ver=0.45
The Chips Act Boosts US Semiconductor Manufacturing with $327 Billion in Announced Projects
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#33a0847c ver:0.42
The #CHIPSAct is driving $327 billion in announced projects to boost US semiconductor manufacturing, reducing reliance on imports and strengthening national security. China's push for a domestic chip industry and the US' export control restrictions have intensified the competition. The US government aims to attract manufacturers and create jobs through federal grants and loans. The Biden administration sees onshoring chip production as a way to stimulate economic growth and reduce vulnerability in the global supply chain. #semiconductors #USChinaRelations #economicgrowth...
#newstr #ChipsAct #SemiconductorManufacturing #Investment #MicronTechnology #Competitiveness #GlobalSupplyLines #Selfsufficiency #CriticalInfrastructure #DataCenters #Telecoms #ConstructionJobs #ManufacturingJobs #NationalSecurity #EconomicGrowth
https://here.news/story/33a0847c?ver=0.42
Beijing's Subsidies for Local Firms to Purchase China-Made Chips
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#33a0847c ver:0.41
China's push for a domestic chip industry and reducing reliance on Western imports has led Beijing to subsidize local firms to purchase China-made chips, including graphics processing units (GPUs). This move aims to strengthen China's computing resources and achieve self-sufficiency in smart computing infrastructure. It reflects China's determination to build up its chip industry despite US export controls. #China #chipindustry #domesticproduction #computingresources #selfsufficiency...
#newstr #Beijing #ChinamadeChips #Subsidies #ComputingInfrastructure #GraphicsProcessingUnits #SmartComputingInfrastructure #UsExportControls #AiProcessors #SemiconductormanufacturingEquipment
https://here.news/story/33a0847c?ver=0.41
China Responds to US Export Controls with Push for Domestic Semiconductor Industry
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#33a0847c ver:0.39
China's push for a domestic chip industry and reducing reliance on Western imports has led the Chinese government to ask electric-vehicle makers to increase their purchases from local auto chipmakers. The ministry of industry and information technology has instructed carmakers to avoid foreign semiconductors if possible and instead manufacture their silicon through local foundries. This directive reflects Beijing's efforts to support its domestic chip industry and maintain a geopolitical advantage over the US. The move also raises the prospect of further retaliation from the US as it ramps up its containment campaign against China .
China's emphasis on developing a domestic chip industry is part of its broader strategy to reduce reliance on Western technology and strengthen its own capabi...
#newstr #China #SemiconductorIndustry #ExportControls #UsChipProduction #ElectricVehicles #Covid19 #UschinaRelations
https://here.news/story/33a0847c?ver=0.39
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