Bloomberg
Take a Look at Tesla-Chaser Lucid's $169,000 `Air' Sedan
May.25 -- Lucid Motors Inc. is inching closer to production of its debut electric vehicle, but is battling supply chain disruptions, a shortage in semiconductors and Covid restrictions. The company's chief executive officer Peter...
Bloomberg
Big Banks Need to Help the Little Guy: Sen. Warner
May.25 -- The CEOs of JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley go before Congress this week. Senator Mark Warner, a Democrat from Virginia, talks about what he wants to find out.
Bloomberg
Nothing of ASML Story Has Changed Today: ODDO Analyst
Stéphane Houri, Head of Sector Equity Research, says despite disappointing earnings on Wednesday, he is maintaining a $900 price target on ASML. He said "nothing of the long term structural story of ASML has changed today." While supply...
Bloomberg
CEOs Call on Lawmakers to Speed Chip Aid
GlobalFoundries CEO Tom Caulfield joins Emily Chang to discuss why he and about 50 other corporate leaders sent a letter asking Congress to speed up aid for the chip industry. He also talks about: his outlook for 2022, and how going...
Bloomberg
JPMorgan Private Bank Favors Taiwan, Indonesia, Japan Stocks
Julia Wang, executive director and global market strategist at JPMorgan Private Bank, discusses the outlook for markets and the opportunities she sees in Asian stocks. She also talks about U.S. Treasury yields and the economy. She speaks...
Bloomberg
Robeco's Arnout van Rijn on Asian Markets
Robeco CIO, Asia Pacific and Fund Manager Arnout van Rijn discusses his latest investment strategy and positioning. Van Rijn is underweight China but says valuation support grows. He speaks to David Ingles on "Bloomberg Markets: China...
Bloomberg
Defiance ETFs CEO on Markets, Inflation
Sylvia Jablonski, CEO and CIO at Defiance ETFs, discusses her outlook for markets ahead of the pivotal CPI report. She speaks with Kathleen Hays and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia".
Bloomberg
Micron Warning Adds to Evidence of Chip Demand Collapse
Semiconductors are under a lot of pressure as Micron Technology Inc.'s latest warning spooks the market. Su Keenan reports on Bloomberg Television.
Bloomberg
House Clears $52B Chip Bill for Biden's Signature
The US House of Representatives passed a bill that includes $52 billion in grants and incentives for domestic semiconductor manufacturing, sending it to President Joe Biden for his signature. Joe Mathieu has more on "Bloomberg Markets:...
Bloomberg
Biden Says US Needs to Make Its Own Advanced Chips
President Joe Biden signed into law a broad competition bill Tuesday that includes about $52 billion to boost domestic semiconductor research and development, calling it a "once-in-a-generation investment in America itself." He spoke at...
Bloomberg
Samsung Electronics Profit Misses Estimates as Chip Prices Fall
Samsung Electronics Co.'s profit missed analyst estimates as chip prices declined. South Korea's largest company reported third-quarter net income of 9.1 trillion won ($6.4 billion) in the three months ended September. Analysts surveyed...
Bloomberg
Apple Prepares to Source Chips From Arizona
Apple Inc. CEO Tim Cook says the company is preparing to begin sourcing chips for its devices from a plant under construction in Arizona. Mark Gurman reports on Bloomberg Television.
Bloomberg
Michelin CEO Predicts 'Mild Recession', Recovery in 2024
The CEO of French tiremaker giant Michelin said he's been experiencing an accumulation of crises over the past year, ranging from Covid to supply chain bottlenecks to the lack of Ukrainian truck drivers in Europe. Input costs have...
Bloomberg
Expect More Frequent Recessions
Lori Calvasina, RBC Capital Markets US Equity Strategy Head & David Bianco, DWS Americas CIO discuss how to invest in a shifting economic landscape.
Bloomberg
Qualcomm Tumbles After Forecast Missed Estimates
Qualcomm Inc., shares are plunging in extended trading. The biggest maker of smartphone processors gave a far weaker forecast than expected. The company blames economic slowdown and Covid-19 lockdowns in China. Su Keenan reports on...
Bloomberg
Biden, Japan's Kishida Discuss Defense, China, Chips
President Joe Biden and Japanese Prime Minister Fumio Kishida talked about defense, China, and North Korea during a summit in Washignton. They also discussed chip export restrictions. Jon Herskovitz reports on Bloomberg...
Bloomberg
Can Samsung's Chip Business Rebound in the Near Future?
SK Kim, executive director and analyst at Daiwa Securities, discusses the prospects for Samsung Electronics Co.'s semiconductor business. Samsung's quarterly profit tumbled, hurt by a sharp drop in demand for chips as consumers spent...
Bloomberg
What Micron's Earnings Signal for the Wider Economy
Micron Technology gave a lackluster revenue outlook for the current period, indicating the slump in demand for computer components will drag on, and said it will reduce its workforce by about 10% over the next year. Bloomberg...
Bloomberg
US-Japan Deepen Space, Military Ties Amid China's Threat
The US and Japan have announced plans to strengthen defense cooperation on land, at sea and in space. This comes amid growing concern about the challenges posed by China and its ties with Russia. President Joe Biden will discuss...
Bloomberg
Intel Bucks the Trend: Why Earnings Beat Estimates
Oct. 15 -- Intel forecast fourth-quarter sales that may exceed analysts estimates as companies replace aging office hardware with newer, faster machines. Bloomberg's Ian King reports on ""First Up."" (Source: Bloomberg)
Bloomberg
Emerging Markets Will Come Back: Intel's Morales
Oct. 15 -- Intel's Christian Morales discusses the company's emerging market sales, the health of the PC market and Intel's growth prospects with Bloomberg's Mark Barton, Anna Edwards, Manus Cranny and Ryan Chilcote on ""Countdown.""...
Bloomberg
Inside Intel's Chip Factory
June 16 -- Bloomberg's Max Chafkin takes us inside Intel's chip fatcory. He speaks with Bloomberg's Vonnie Quinn and David Gura on "Bloomberg Markets."
Bloomberg
The Mounting Concerns Over Intel's Chip Vulnerabilities
Jan.04 -- Brian White, Forcepoint vice president, discusses the concerns about the security flaw in Intel Corp. chips with Bloomberg's Emily Chang on "Bloomberg Technology."
Bloomberg
Qualcomm's Increased Bid for NXP Prompts Broadcom Rebuke
Feb.20 -- Bloomberg's Ian King discusses how Qualcomm's offer for NXP Semiconductors will help the chipmaker in its efforts to win a higher price from Broadcom. He speaks on "Bloomberg Technology."