Semiconductor Supply News Today : Breaking News, Live Updates & Top Stories | Vimarsana

this is on top of an announcement from another tech company in the region, micron, which said earlier this week it will spend $100 billion on a new plant in upstate new york. that is the good news that the president is trying to ride high into the midterms, which are 33 days away now. the not so good news, which republicans are seizing on, and democrats aren't too happen about either is opec plus's announcement to cut oil production, led by saudi arabia and russia. the cartel is taking 2 million barrels off the market a day, starting in november. that's 2% of the global oil productio...

as europe faces a very challenging winter ahead. that's alongside a projected interest rate hike later in britain — for the sixth time in a row. fears of an extreme drought across europe grow — as the severe heatwave tightens its grip. hello and welcome if you're watching in the uk or around the world. taiwan's defence ministry says china has fired multiple ballistic missiles during a set of military exercises in the air and sea encircling taiwan. beijing launched the drills in response to a visit by nancy pelosi — the most senior us official to go to the self—governed island...

Taiwan is home to some of the biggest global semiconductor firms such as MediaTek and TSMC

TSMC along with other players like UMC, faced operational disruptions and evacuations due to the seismic activity.

Smic: The Chinese chip foundry also reported an over 80% fall in its third-quarter profit attributable to USD 470.8 million, joining peers such as Taiwan's TSMC and Germany's Siltronic in facing earnings pressure from a slowdown in the semiconductor industry.