supply shortages – Charm

China grants exemptions to export curbs on Nexperia chips for civilian use

Cs news7 months ago03 mins

By Eduardo Baptista BEIJING (Reuters) -China has granted exemptions to export controls on Nexperia chips for civilian applications, the commerce ministry said on Sunday in a move that will help to relieve supply shortages ‌for carmakers and automotive suppliers. The announcement is the strongest signal yet from Beijing that it will ease ‌pressure on the…

Samsung Electronics Shares Hit Record High on AI, Chip Optimism

Cs news8 months ago8 months ago04 mins

The Samsung Electronics booth at the IFA Consumer Electronics and Home Appliances trade fair in Berlin. (Bloomberg) — Samsung Electronics Co. shares closed at an all-time high, riding investor enthusiasm for its potential in artificial intelligence chips and renewed confidence in its conventional memory business. Most Read from Bloomberg Its stock rose 6.1% to 94,400…