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Intel jumps on plans to take its Mobileye car business public

Intel Corp. plans to list shares of its Mobileye self-driving car business by the middle of next year, letting the chipmaker capitalize on its investment in a burgeoning industry. ....

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Chipmaker GlobalFoundries Valued at $26 Billion in Lackluster Nasdaq Debut

Shares of GlobalFoundries Inc, which is owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, opened flat . ....

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Benedetto Vigna: Ferrari taps European chip-maker executive as new CEO

Synopsis
Vigna, 52, will join Ferrari in September from Geneva-based STMicroelectronics, where he has worked for 26 years, most recently running the most profitable operating business, its analog, micro-electromechanical systems and sensors group.
Agencies
Ferrari said Vigna s knowledge of the semiconductor industry will accelerate Ferrari s ability to pioneer the application of next-generation technologies.
Luxury sports carmaker Ferrari has tapped Benedetto Vigna, an Italian executive at Europe s largest semiconductor chipmaker, as its new CEO, the company announced Wednesday.
Vigna, 52, will join Ferrari in September from Geneva-based STMicroelectronics, where he has worked for 26 years, most recently running the most profitable operating business, its analog, micro-electromechanical systems and sensors group. ....

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Global supply of chips is in danger unless Taiwan gets vaccines

Global supply of chips is in danger unless Taiwan gets vaccines
Taiwan is now facing a surge in coronavirus cases that could result in a lockdown
Back in February, as the world was beating a path to Taiwan’s door for help to tackle a shortage of semiconductors, the health minister got into a scrap with China over Covid-19 vaccines.
Beijing, he suggested, had used political pressure to derail Taiwan’s plan to purchase five million doses directly from Germany’s BioNTech SE, rather than via a Chinese company which held the rights to develop and market the BioNTech-Pfizer Inc vaccine across China, Hong Kong, Macau and Taiwan. Foreign Ministry spokeswoman Hua Chunying retorted that Taipei “should stop hyping up political issues under the pretext of vaccine issues.” ....

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Wall Street sees long road ahead as Intel seeks to regain market share

Wall Street sees long road ahead as Intel seeks to regain market share
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