Altera specializes in a type of semiconductor that’s used in a variety of industries including telecom, defense, and robotics.
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As a share of US GDP, the manufacturing sector has decreased from a nearly 25% peak in the 1950s to about 11% today.
The world’s largest public company by market cap had its biggest one-day wipeout since the Covid pandemic’s 2020 shock.
“The problem is bounded,” one expert said.
The embattled aviation giant announced last week that it had sustained its best production levels in two years.
Here’s the bad news: Auto manufacturing is a notoriously thin-margin industry, and tariffs could tear right through those margins.
The latest data suggests markets and manufacturers aren’t taking Trump’s tariffs on Mexico, Canada, and China all that well.
Germany’s blue chip DAX has hit new highs all month and is up 11% on the year, besting the S&P 500’s 2.5%.
While these machines provide the “awe factor,” they may serve little purpose for enterprises, one expert said.
The world’s factory is slowing down and it might have nothing to do with the tariffs promised by the Trump 2.0 administration.
Beijing’s move came swiftly in response to the White House’s decision to slap new curbs on exports of vital chip components to China.
There’s a little bit of “What goes around comes around” behind Europe’s latest industrial policy initiative.
Intel wants to make AI robots more collaborative and scalable. But it faces steep competition.
Both manufacturing and construction spending came in softer than expected. The downbeats stoked fears of a downturn.
“Any potential cost savings based off a vehicle’s lower-than-average carbon footprint could influence more price-conscious consumers.”
Beijing is reportedly unhappy with the prospect of an EU tariff on EVs, and is considering retaliatory tariffs on the EU’s aviation industry.