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Nintendo Co’s earnings beat estimates after hit games like Monster Hunter Rise propped up sales of the Switch, but the company warned that global chip shortages may disrupt production of its marquee device.
Finding warehouse space around Toronto has never been harder, and the e-commerce fuelled shortage is disrupting businesses and threatening the broader economy.
WASHINGTON (Reuters) - Some critical industries could suffer if the U.S. government uses a national security law to redirect scarce computer chips to the auto industry, a senior administration official told Reuters.
(Reuters) -Twitter Inc shares sank 11% in post-market trading on Thursday as it offered tepid revenue guidance for the second quarter, warned of rising costs and expenses and said user growth could slow as the boost seen during the coronavirus pandemic fizzles.
SAN FRANCISCO (Reuters) - On the same day that Ford Motor Co said it would be able to produce only half as many cars as planned due to a global chip shortage, Apple Inc announced blowout quarterly earnings as smartphone and computer sales soared, with the chip shortage having only a small impact on its business.
BERLIN (Reuters) - Germany has boomed on the back of globalisation, but now the worldwide web of supply chains that turbo-charged its economy could prove a critical weakness.
(Corrects paragraph 10 after IEA clarified that its presentation meant to say it sought enforcement of existing rules and not that it was seeking new rules)
Sweden's unique set of circumstance make it a startup capital of the world, with Unicorns per capita second only to Silicon Valley, say industry analyst.
(Reuters) -Intel Corp on Thursday raised its annual sales outlook on booming demand for personal computers, but its second-quarter profit forecast fell short of analyst expectations as the company spends heavily to get its manufacturing operations back on track and catch up to rivals with faster chips.
AMSTERDAM (Reuters) - ASML Holding NV, one of the biggest suppliers to semiconductor companies, is likely to show its order books are full to bursting because of a global chip shortage when it reports first quarter earnings on Wednesday.