Tag Archives: semiconductors

CHIPS and Science Act Phase 2 – Growth and Defense

The project will replace aging tools and quadruple the production of chips necessary for critical defense programs, including the F-35 fighter jet program. This begins of the next phase of implementation of the CHIPS and Science Act, a critical part of President Biden’s Investing in America agenda that supports a strong national defense and a growing American economy. Continue reading

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GM Q2 Earnings at $2.3B Off -$1.1B YoY

This was a significant drop of $1.1 billion in a year-over year comparison as net pricing increases, strong demand and more upscale vehicle sales were more than offset by disrupted production, increased costs and lost sales (90,000 built but not complete?) from lean inventories especially in June. In a word – semiconductors. Continue reading

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Semiconductor Crisis – Toyota Again Suspending Production

“We at Toyota would like to again apologize for the repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, and for causing considerable inconvenience to our customers, suppliers, and other parties concerned,” Toyota said. Continue reading

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