Page 7 - Semiconductor Corp News Today

Also, Tesla is cleared of fault in a fatal Chinese Model Y crash, and Ford is offering some hourly UAW members a $50,000 buyout.

Tesla shares are set to wipe out nearly one-fifth of their value in less than two weeks amid growing concerns that demand for electric cars is starting to weaken.

While the whole EV industry has seen pain, Teslas decline has been particularly pronounced, with shares plunging over 17 percent since October 18

As a pureplay EV maker with an eye-watering valuation, the stakes are high for Tesla

(Bloomberg) -- Tesla Inc. shares have wiped out nearly one-fifth of their value in less than two weeks amid growing concerns that demand for electric cars is starting to weaken. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitZillow Plunges After Verdict on Real Estate Brokerage CommissionsSaudi Forces on Alert After Clash With Iran-Backed HouthisSony’s Bungie Game Unit Cut 8% of Staff After &#x20...

SAN JOSE, Calif. and GUANGZHOU, China, Nov. 01, 2023 (GLOBE NEWSWIRE) -- GOWIN Semiconductor Corporation, recognized as the world's fastest-growing FPGA company, is excited to announce an expansion of its Arora V high-performance FPGA family. The latest offering leverages cutting-edge 22nm SRAM technology, 12.5Gbps high-speed SerDes interfaces, PCIe hardcore, MIPI hardcore D-phy and C-phy support, RISC-V microprocessor, and DDR3 interfaces. The extended family now includes 15K, 45K, 60K, an...

The selloff started earlier this month when the electric-vehicle giant dialled back growth expectations during its third quarter earnings call. That was followed by grim commentary from several global automakers, as well as Wall Street analysts. This week, battery-maker Panasonic Holdings Corp. and chipmaker ON Semiconductor Corp. also sounded alarms for the EV industry.

A couple of lesser-known chip companies and a battery maker have confirmed growing fears among investors about the slowdown in electric-vehicle and overall…

Unveiling Strengths and Weaknesses Amidst Opportunities and Threats

Some lesser known chip makers and a battery partner of Tesla confirm the sluggish trends in the automotive industry, especially in EVs.