semiconductor industry
President Biden's ambitious proposals to address the high cost and short supply of child care haven't garnered enough support in Congress, so now his administration has come up with a workaround. Getty Images/Maskot hide caption
Biden has big ideas for fixing child care. For now a small workaround will have to do
WASHINGTON, DC - JANUARY 21, 2022: U.S. President Joe Biden puts his arm on Intel CEO Patrick Gelsinger. Gelsinger announced that Intel Corp would invest an initial $20 billion to develop a new semiconductor manufacturing plant in Ohio. (Photo by Chip Somodevilla/Getty Images) Chip Somodevilla/Getty Images hide caption
The new iMac computers are unveiled on April 20 via this illustration at a virtual event in La Habra, Calif. Apple said it could suffer a hit to its revenue as a shortage of chips could affect the production of iPads and Macs. Jae C. Hong/AP hide caption
In this aerial photo, pickup trucks and vans are seen last month in a parking lot outside a General Motors assembly plant where they are produced in Wentzville, Mo. A key component in the car industry is in short supply: computer chips. Taiwan's chipmakers are racing to meet demand. Jeff Roberson/AP hide caption
Wuhan Hongxin Semiconductor Manufacturing Co.'s unfinished chip fabrication plant. Amy Cheng/NPR hide caption
The Trump administration issued tough export rules this month, which analysts say could spell a death knell for Huawei's worldwide mobile network ambitions. Wang Zhao/AFP via Getty Images hide caption
Kinam Kim, president and CEO of Samsung's Device Solutions division, bowed in apology at a Friday news conference in Seoul, South Korea. Lee Jin-man/AP hide caption
Chip-maker Qualcomm said Thursday it is buying NXP Semiconductors in a deal valued at approximately $38.1 billion. Gregory Bull/AP hide caption