Commerce Secretary Gina Raimondo proudly held up the progress of American industry on semiconductor manufacturing Sunday, declaring that the U.S. has “out-innovated” China as the two nations fight to advance their domestic technology manufacturing. Semiconductor manufacturing has been a major priority of President Biden’s domestic policy, with Raimondo at the head. Biden has repeatedly held … Read more
If all that is true—and there’s no way to tell right now—Groq might well pose a threat to the dominance of Nvidia. Ross is careful when discussing this. “Let’s be clear—they’re Goliath, and we’re David,” he says. “It would be very, very foolish to say that Nvidia is worried about us.” When asked about Groq, … Read more
When veteran engineer and executive Pat Gelsinger returned to Intel as CEO in 2021, the once-great chipmaker was in a slump. After failing to adapt to the mobile era and then missing several steps in cutting-edge microprocessor manufacturing, it was now also falling behind in supplying chips to feed the tech industryâs growing hunger for … Read more
Gina Raimondo, the US secretary of commerce, spoke at Intelâs event today and compared the US governmentâs current focus on revitalizing its chip industry to the space race of the 1960s. âThe fact that we are so overly dependent on a couple of countries in Asia that we need for life-saving medical equipment, cars, every … Read more
Tokyo: SoftBank Group’s stock rose as founder Masayoshi Son considers the creation of a $100 billion chip venture that would supply AI-enabling semiconductors. Shares in the Tokyo-based tech investor gained as much as 3.2% after Bloomberg News reported the 66-year-old billionaire is seeking funding for a foray into AI chips to compete with Nvidia Corp. … Read more
India’s passenger vehicle market, valued at Rs 4.5 lakh crore, has been outpacing volume growth. It has just passed a milestone as annual volumes of cars, sedans and utility vehicles breached the four million mark for the first time in 2023. As per industry estimates, about 4.1 million passenger vehicles were sold in the local … Read more
The growth of the automobile industry, which in normal times closely tracks the growth of the GDP, was adversely affected in 2019-20 by the switch to BS6 standards, then by the Covid pandemic and finally by the shortages of semi-conductors. It was in 2022-23 that the industry could finally cross the volume of sales reached … Read more
