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General Motors Fairfax Assembly Plant to remain idle through week of July 5

General Motors Fairfax Assembly Plant to remain idle through week of July 5
Semiconductor shortage forces closure
and last updated 2021-05-03 22:44:44-04
KANSAS CITY, Mo. â A semiconductor shortage will keep General Motors Fairfax Assembly Plant workers idle through the week of July 5.
The Kansas City, Kansas, plant has been down since Feb. 8, according to a news release from the automaker.
The company s news release also stated that GM continues to leverage every available semiconductor to build and ship our most popular and in-demand products, including full-size trucks and SUV s for our customers.
Four other GM plants, including CAMI Assembly in Ingersoll, Ontario, have been idled by the semiconductior shortage. ....

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Fralock Holdings Acquires Ceramic Tech Inc.

/PRNewswire/ Fralock Holdings, LLC, (an Arsenal Capital Portfolio Company) a leading developer and manufacturer of engineered solutions for critical. ....

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Ford expects car production to SHRINK IN HALF during the second quarter due to semiconductor chip shortage

https://www.afinalwarning.com/515514.html
(Natural News)
The chief executive of the Ford Motor Company, one of America’s largest automakers, says he believes the company will lose half of its second-quarter production due to the ongoing semiconductor chip shortage.
During the company’s first-quarter earnings call on Wednesday, April 28, Ford CEO Jim Farley proudly announced that the company was able to beat Wall Street’s expectations regarding its earnings. But he couched this statement by saying that it now expects to lose around 50 percent of its planned second-quarter production.
Ford’s production for the first quarter already dipped by 17 percent due to a fire in the factory of Ford’s chip supplier, Renesas Electronics in Japan. (Related: Fire at Japanese chipmaker adds to collapsing microchip supply lines for automakers.) ....

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Chip plant: Intel seeks $10 billion in subsidies for European chip plant

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What we re asking from both the U.S. and the European governments is to make it competitive for us to do it here compared to in Asia, Gelsinger told Politico Europe in an interview.
Politico cited Gelsinger saying that he was seeking roughly 8 billion euros in subsidies. The company later distanced itself from the report, saying he had not given a specific figure, although he had made it clear that EU leaders needed to invest to ensure a vibrant semiconductor industry.
Gelsinger, on his first European tour since taking charge, met European Commissioner Thierry Breton in Brussels on Friday. The visit followed the launch of a plan for Intel to invest $20 billion in chip production in the United States. ....

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Crypto miners, gamers brawl over chips amid shortage

Crypto miners, gamers brawl over chips amid shortage
Synopsis
Peel away the silicon layers and it turns out, graphics cards and computer processors are at the heart of it. These have become so scarce that two communities gamers and cryptocurrency whales are at loggerheads over who gets them and how many.
The chips, er…jibes, are becoming increasingly personal. Peel away the silicon layers and it turns out, graphics cards and computer processors are at the heart of it. These have become so scarce that two communities gamers and cryptocurrency whales are at loggerheads over who gets them and how many. ....

Graphics Cards , Crypto Currency , Computer Processors , கிராபிக்ஸ் அட்டைகள் , கிரிப்டோ நாணய , கணினி ப்ராஸெஸர்ஸ் ,