Financial Times:
A look at Europe’s chip self-sufficiency plans, aided by ASML and others; SEMI estimates 10 new facilities in Europe by 2025, compared to 21 in Taiwan — On the edge of a tranquil forest an hour’s drive from Stuttgart, where hiking trails snake through the trees and across gently rolling hills …
Arjun Kharpal / CNBC:
ASML, the Dutch company that makes chip making equipment, expects US restrictions on exporting high-end chips to China to have “limited” impact on its business — – ASML reported third-quarter revenue and earnings on Wednesday that topped analyst expectations …
Annie Palmer / CNBC:
Amazon increases its average starting pay for front-line US staff to $19+/hour, up from $18/hour; warehouse and delivery workers will earn $16/hour to $26/hour — – Amazon is bumping its average starting pay for warehouse and delivery workers to more than $19 an hour, up from $18 an hour, the company said Wednesday.
At first glance, Vestavia Hills City Schools in Alabama does not seem to have much in common with Pflugerville Independent School District in Texas. Vestavia Hills is a Birmingham suburb; Pflugerville sits in Austin’s fast-growing metro region. The Texas district has 34 schools and 25,600 students, nearly four times Vestavia Hills’ nine schools and 7,100 students.
With schools today supporting thousands of devices and facing myriad cybersecurity threats, often with lean IT teams, these districts do share something: an enterprise-level approach to K–12 networking.
Both districts recently…
Naoto Hosoda / Bloomberg:
Chip-related stocks slump in Japan, South Korea, and Taiwan after US curbs on China; the PHLX chip index fell to its lowest level since November 2020 on Monday — Chip-related stocks in Japan, South Korea and Taiwan slumped as traders returning from Monday’s holidays reacted …
The Information:
Memo to staff: Adam Mosseri says its surveys of creators show Instagram lags behind TikTok and YouTube on the most important creator satisfaction dimensions — For the past couple of years, as Instagram has sought to better compete with TikTok, becoming more appealing to creators has been a top priority.
Stephen Shankland / CNET:
Nvidia announces Drive Thor processors with 77B transistors for self-driving vehicles, arriving in 2024 for cars coming in 2025 — The AI chip is due to arrive in cars in 2025, Nvidia says at its GTC event to showcase its GPU technology. — Stephen Shankland
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