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Computers using light rather than electric currents for processing are gaining traction and startups that have solved the engineering challenge of using photons in chips are getting big funding.
Chip Startups Using Light Instead Of Wires Gaining Speed And Investments
NXP Chief Executive Kurt Sievers said the company intended to focus on key areas where more chips are going into cars and where NXP believes it can hold a market position at least twice that of any competitor.
NXP Forecasts Sales Growth Driven By Connected Vehicles
House Democrats are expected as early as later Tuesday to introduce legislation aimed at increasing U.S. competitiveness with China and spending $52 billion on semiconductor production and research, sources told Reuters, after the Senate approved funding in June.
U.S. Commerce Dept Says Chips Shortage To Persist, Will Review Some Prices
The chip shortage came at an inopportune time for automakers as demand rebounded from pandemic lows due to low interest rates and consumers' preference for personal transport amid the health crisis.
U.S. Auto Part Makers Brace For A Bumpy Ride As Chip Shortage To Intensify
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