Latest Computer hardware manufacturing News

Chip shortage keeps driving up auto prices, cutting sales

Jul. 01, 2022 16:26 PM EDT

DETROIT (AP) — U.S. new vehicle sales tumbled more than 21% in the second quarter compared with a year ago as the global semiconductor shortage continued to cause production problems for the industry. Yet demand still outstripped supply from April through June, even with $5 per...

New York officials rule against bitcoin-mining power plant

Jul. 01, 2022 00:04 AM EDT

ALBANY, N.Y. (AP) — New York officials denied required air permit renewals Thursday to a bitcoin-mining power plant on the grounds that it was a threat to the state's climate goals. The permitting decision was another example of New York putting the brakes on a cryptocurrency...

'Silicon Heartland' boon for Ohio, but families mourn homes

Jun. 28, 2022 16:04 PM EDT

JOHNSTOWN, Ohio (AP) — When President Joe Biden applauded a decision by Intel Corp. to build a $20 billion semiconductor operation on “1,000 empty acres of land” in Ohio, it didn't sit well with Tressie Corsi. The 85-year-old woman has lived on 7 acres of that land since she...

SC lawmakers to consider $53M in vetoed local projects

Jun. 26, 2022 07:25 AM EDT

COLUMBIA, S.C. (AP) — The South Carolina General Assembly is returning to Columbia on Tuesday to consider nearly $53 million in local projects that Gov. Henry McMaster wants out of the $13.8 billion state budget. All the money went toward items put in by lawmakers for local...

Qualcomm wins antitrust case against EU commission

Jun. 15, 2022 07:41 AM EDT

BRUSSELS (AP) — A European Union court on Wednesday invalidated a decision by the bloc's executive arm to fine technology company Qualcomm more than $1 billion in an antitrust case. In overruling the European Commission, the Luxembourg-based General Court cited “a number of...

Apple offers glimpse at upcoming changes to iPhone software

Jun. 06, 2022 17:51 PM EDT

Apple on Monday provided a peek at upcoming tweaks to the software that powers more than 1 billion iPhones and rolled out two laptops that will be the first available with the next generation of a company-designed microprocessor. As usual, Apple spent most of the opening day of its...

Nissan exec: turnaround plan working, US factories to grow

Jun. 06, 2022 13:48 PM EDT

FARMINGTON HILLS, Mich. (AP) — Two years ago, struggling Nissan Motor Co. announced a restructuring plan to cut costs and revamp its aging model lineup in an effort to rebuild sales as the coronavirus pandemic eased. Jérémie Papin, the company's chairman for the Americas, says...

Big Lots, American Eagle fall; Dell, Ulta Beauty rise

May. 27, 2022 16:39 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Gap Inc., up 48 cents to $11.60. The clothing chain gave investors a mixed financial report, with solid revenue during the first quarter but a slashed profit forecast for the year. ...

Big tech deals keep coming: Broadcom buys VMware for $61B

May. 26, 2022 10:10 AM EDT

Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising inflation and economic uncertainty. The proposed deal comes just weeks after billionaire and...

Japan's troubled Toshiba proposes outside directors to board

May. 26, 2022 07:41 AM EDT

TOKYO (AP) — Troubled Japanese technology giant Toshiba announced some additions to its proposed leadership Thursday, ahead of a shareholders’ meeting next month. Toshiba Corp. said it seeks to add on the board outside directors, such as Nabeel Bhanji, an executive at Elliott...