Tag: chip supply
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Qualcomm wins BMW chip supply deal for future vehicle platforms
July 29 : Qualcomm said on Wednesday it has signed a long-term deal to supply chips for German luxury automaker BMW’s future digital cockpit and advanced driver-assistance systems through the next decade.The agreement comes as competition intensifies in the automated driving market, with Nvidia and Mobileye G
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Korean chip stocks rebound after overnight US selloff, as chip supply remains tight
SEOUL, July 8 : Shares of South Korean chipmakers Samsung Electronics and SK Hynix rebounded on Wednesday after early losses, as investors bought the dip following a sharp selloff fuelled by concerns over the sustainability of the AI-driven chip boom.Samsung rose as much as 1.4 per cent and SK Hynix climbed a
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Broadcom, Apple extend chip supply deal through 2031
July 6 : Broadcom said on Monday it has agreed to expand its partnership with Apple through 2031 to develop and supply a range of custom chips, sending the shares of the chipmaker up nearly 4 per cent in premarket trading.Broadcom has been a supplying key components to Apple for a very long time, including…
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EU joins US-led ‘Pax Silica’ on securing AI, chip supply chains
BRUSSELS, June 25 : The European Commission has joined the U.S. initiative “Pax Silica”, a group of U.S.-allied countries cooperating to secure supply chains needed for artificial intelligence, European Commission spokesperson Paula Pinho said on Thursday.Pax Silica is an effort by the U.S. state department o
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