Chipmaker GlobalFoundries and major shareholder Mubadala Investment Co. plan to raise as much as $2.6 billion in a US initial public offering.

GlobalFoundries has filed confidentially with US regulators for an initial public offering (IPO) in New York that could value the chipmaker at around US$25 billion, people familiar with the matter said on Wednesday.

SK Hynix plans to turn Intel's NAND memory and storage business into a stand-alone US company that will be owned by the South Korean chipmaker.

Globalfoundries is sticking with its plan for an initial public offering next year, according to company CEO Tom Caulfield. Reports that Globalfoundries is the subject of a takeover bid by Intel are speculation, he said.

SiFive, a startup that designs semiconductors, has received takeover interest from investor Intel, according to people familiar with the matter.

Globalfoundries is working with Morgan Stanley on an initial public offering that could value the chipmaker at about US$30 billion, according to a person familiar with the matter.

With the market for flash memory only expected to grow, Western Digital CEO David Goeckeler says the US chipmaker sees Japan's Kioxia Holdings as a long-term partner that is key to staying competitive against big Asian rivals.

German chipmaker Infineon expects supply constraints in its automotive segment to only ease in the second half of this year, CEO Reinhard Ploss said on Tuesday, with lost volumes only likely to be made up in 2022.

Abu Dhabi's Mubadala Investment has started preparations for a US initial public offering of chipmaker Globalfoundries, people with knowledge of the matter said.

Subaru will reduce vehicle production by about 10,000 autos at a Japanese assembly plant as the industry struggles with a shortage of chips.

With chipmaker Renesas Electronics not expected to achieve a full recovery from its recent factory fire until mid-July, Japan's largest automakers have begun bracing for long-term disruptions and potential production cuts.

In an update, Infineon said it was continuing to ramp production and expected to reach pre-shutdown levels of production by June.

Japan's Renesas Electronics halted production at one of its main plants in Hitachinaka, northeast of Tokyo, after a fire broke out, the chipmaker said late Friday.

Legend, the parent of the world's biggest PC maker Lenovo, said it purchased about 12.8 million shares of Chinese chipmaker Fullhan Microelectronics for CNY1.54 billion (US$236.9 million).

Shares of Marvell Technology Group fell on Wednesday as the designer of 5G networking chips said supplies could remain tight through its fiscal 2022.

Broadcom shares fell after the company's main chip division reported revenue that just missed Wall Street estimates.

The US Senate is considering including in a new bill to boost competitiveness against China $30 billion in funding for previously-approved measures to supercharge the country's chipmaking industry, a congressional source said on Thursday.

The earthquake that struck Saturday night off the coast of Fukushima Prefecture, shaking northern and eastern Japan, has tripped up operations for many companies in a faint echo of the disruption brought by the much larger quake that hit the same area in 2011.

Dan Loeb's Third Point says Intel has lost out to TSMC, Samsung and AMD.

China's biggest chipmaker SMIC said on Sunday that being put on a U.S. trade blacklist would pose a significant adverse impact to its research and development in its 10-nanometer and more advanced chip technology.

The United States added dozens of Chinese companies, including the country's top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a trade blacklist on Friday as U.S. President Donald Trump's administration ratchets up tensions with China in his final weeks in office.

Shares of leading chipmaker Qualcomm were down 7.4% to close the trading session at $144.28 as on Dec 11 on the news that Apple is developing its own modem for its future devices.

Franco-Italian chipmaker STMicroelectronics said the U.S.-China trade war and a near-embargo on Huawei, one of its biggest clients, would slow growth and affect profitability even if demand rebounds after a COVID-afflicted year.

The Trump administration on Thursday added China's top chipmaker, SMIC, and oil giant CNOOC to a blacklist of alleged Chinese military companies, drawing condemnation from Beijing as President-elect Joe Biden prepares to take office.

German microchip maker Infineon Technologies will spend $27 million over the next three years to make Singapore its first global hub to see artificial intelligence (AI) embedded in every job function.

The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office.

German chipmaker Infineon Technologies is relatively well insulated from geopolitical tensions between the United States and China thanks to its focus on power-management chips, CEO Reinhard Ploss said on Wednesday.

City officials in Phoenix, Arizona on Wednesday unanimously voted to authorize a development agreement with chipmaker Taiwan Semiconductor Manufacturing Co that would provide $205 million in city funds for infrastructure such as roads and water improvements for a planned $12 billion semiconductor factory in the city.

Dutch chipmaker NXP Semiconductors on Tuesday said it had entered a strategic relationship with Amazon.com's cloud computing unit to help cars communicate with data centers.

Advanced Micro Devices on Tuesday forecast fourth-quarter revenue above Wall Street expectations, just as the semiconductor designer announced a $35 billion deal to buy chipmaker Xilinx.

Franco-Italian chipmaker STMicroelectronics is expecting strong demand from the car and mobile phone industries to boost sales growth in the fourth quarter as it braces for a loss of revenue from China's Huawei.

Texas Instruments reported its first quarterly revenue growth in nearly two years on Tuesday, a rebound the chipmaker credited to people stuck at home splurging on electronic gadgets for remote work and entertainment during the COVID-19 pandemic.

Sony and chipmaker Kioxia are seeking US approval to export semiconductors to Huawei Technologies despite Washington's imposition of sanctions on the Chinese telecom giant, sources familiar with the situation said Monday.

Kioxia, the world's second-largest maker of flash memory chips, on Monday postponed plans for what would have been Japan's largest initial public offering (IPO) this year, as U.S-China tensions cloud the global chip market.

Geopolitical tensions between Washington and Beijing remain a concern for German chipmaker Infineon and the company preparing for increased competition in the semiconductor space out of China, CEO Reinhard Ploss said.

Companies that supply the chip sector with sophisticated and expensive equipment plan to warn the Trump administration against a proposal to blacklist China's top chipmaker, Semiconductor Manufacturing International Corp, arguing it would be "detrimental" to U.S. industry.

Shares in Chinese chipmaker SMIC plummeted nearly 23% in Hong Kong on Monday on fears that it could become the latest casualty of the US-China tech war.

Kioxia Holdings, the world's second-largest maker of flash memory chips, will list on the Tokyo Stock Exchange on Oct. 6 in an initial public offering worth up to $3.6 billion, a regulatory filing showed on Thursday.

A group of carmakers and tech firms is urging US regulators to take further action against chipmaker Qualcomm over its sales practices.

Technology is shaping the future of the automotive industry and it's creating a big opportunity in the semiconductor space, Vincent Roche, chief executive of chipmaker Analog Devices, told CNBC Wednesday.