Focus on Semiconductor
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
The U.S. Energy Department plans a $7.54 billion loan to Stellantis and Samsung SDI for two EV battery plants in Indiana.
Glittering dreams: India’s big push for solar power
India is racing to lead the renewable energy revolution, with massive projects like Gujarat’s Khavda plant boosting its green ambitions.
Norway’s Hydro to phase out green hydrogen, battery businesses
Norsk Hydro is no longer investing in its battery and green hydrogen businesses and will phase out these operations in the coming years.
Bolivia announces $1 bn deal with China to build lithium plants
Bolivia signs $1B deal with China's CBC, a CATL subsidiary, to build two lithium carbonate plants in the southwest.
Sweden’s Northvolt files for bankruptcy, in blow to Europe’s EV ambitions
Northvolt files for U.S. Chapter 11 bankruptcy, seeking to restructure $5.8B debt while securing $245M to sustain European battery hopes.
Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal
Swedish truckmaker Scania will lend Northvolt $100 million as part of the struggling battery maker's U.S. Chapter 11 bankruptcy protection deal.
Nvidia’s AI chip demand still booming but slowing sales growth worries investors
Nvidia’s Q4 forecast topped estimates, but shares fell as sky-high investor expectations and supply-chain snags challenge big revenue beats.
STMicro partners with Hua Hong as chipmakers need China, says CEO
STMicroelectronics partners with China's Hua Hong, citing local production as key to competing in the fast-evolving Chinese EV market.
US finalizes $1.5 billion chips award for GlobalFoundries to expand production
GlobalFoundries secures $1.5B U.S. subsidy to expand semiconductor production in New York and Vermont, boosting chip supply chains.
Exxon Mobil signs non-binding lithium supply deal with LG Chem
Exxon signs non-binding deal to supply LG Chem with lithium from its Arkansas project, advancing U.S. EV battery supply chain ambitions.
