Historically, chip demand – such as for computers in the 1980s, cellphones in the 2000s and smartphones in the 2010s – would lead manufacturers to aggressively expand capacity.

The South Korean giant has applied for incentives in 11 potential chip manufacturing facilities in Texas, according to documents filed with state authorities.

Prosecutors said Ishan Wahi shared confidential information about forthcoming announcements of new crypto assets that Coinbase would allow users to trade through its exchange

Elon Musk, its chief executive, has demanded the company ramp up battery production, especially of its so-called 4680, denoting the diameter (46mm) and height (80mm)

The US Senate this week gave its nod to a much-debated semiconductor bill that seeks to hand billions of dollars in sops for the computer chips industry

The Apollo RT6 EV – a cross between an SUV and a minivan – will use eight lidars, a detection system similar to radar that uses pulsed laser light, and 12 cameras

The US confidence in a price cap follows positive reaction by China and India to the plan, which would limit Moscow’s revenues over its aggression in Ukraine

US senators backed a procedural move that sets up potential votes to pass a semiconductor bill by next week that aims to provide billions of dollars in subsidies and tax credits for the chip industry

The social media platform has sued to hold Musk to his $44 billion takeover offer and a Delaware judge said it deserved a quick resolution of the deal's uncertainty

The world's largest battery maker has reportedly been considering at least two potential sites where it can establish facilities to supply batteries to Tesla and Ford.

Plans for SoftBank to hold an IPO in London for Arm, the British computer chip and software design group, have been put on hold because of the collapse of Boris Johnson's government

Nancy Pelosi's visit will be the first by a Speaker of the US House of Representatives in 25 years