The chief executive of Intel Corp (INTC) told Reuters on Monday the company is in talks to start producing chips for car makers to alleviate a shortage that has hobbled factories.
U.S. President Joe Biden met with executives from major companies on Monday to discuss the global chip shortage that has severely hurt U.S. automakers and spurred Intel Corp to announce it plans to make chips for car plants at its factories in the next six to nine months. During the meeting, Biden said he has bipartisan support for legislation to fund the semiconductor industry.
* MOODY'S SAYS INCREASING ENVIRONMENTAL AND SOCIAL SCRUTINY TO CREATE LONG TERM CHALLENGES FOR APPAREL INDUSTRY. * MOODY'S SAYS APPAREL COMPANIES WILL HAVE TO ADAPT TO SUSTAINABILITY, INVEST IN DECARBONISATION AND INCREASE SOURCING TRANSPARENCY. * MOODY'S SAYS FAST FASHION AND DISCOUNT BRANDS ARE THE MOST AT RISK OF BUSINESS TRANSFORMATION AS SUSTAINABILITY BECOMES MORE IMPORTANT TO CONSUMERS.
Cerence Inc. (CRNC), AI for a world in motion, today announced that Cerence VP of Product Christophe Couvreur will join leaders from NVIDIA, VMWare, and Akridata to explore edge computing for AI and machine learning workloads in automotive at NVIDIA GTC 21, available on demand on April 12, 2021 at 10:00 am PT.
EEnotech, a clean tech foundry accelerating research from Stanford University, today unveiled LifeLabs, the commercialization of textile patents from Stanfords advanced materials laboratory.
Constellation Brands, Inc. (STZ), a leading beverage alcohol company, in partnership with a number of its iconic beer, wine, and spirits brands, announced today a collective commitment of $1.75 million to support the National Restaurant Association Educational Foundation and the launch of their Restaurants Advance campaign.
The Chefs' Warehouse, Inc. (CHEF), a premier distributor of specialty food products in North America, highlights its chef customers during this reopening period with a new Welcome Back campaign.
A U.S. auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles built this year and disrupt production for another six months.
A U.S. auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles built this year and disrupt production for another six months.
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