Business
European carmakers fear supply shocks as Nexperia halts China exports
Europe’s car industry is bracing for new supply shocks after Dutch chipmaker Nexperia halted wafer shipments from China amid management disputes, weeks after The Hague seized control of the company over security concerns.
Business
ASML rival Applied Materials reports record-high quarterly revenue
Applied Materials reported strong fiscal third-quarter earnings, highlighting the ongoing strong demands for artificial intelligence (AI) chip equipment. The company is increasingly posing a threat to its global rival, ASML.