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...That means that the volumes that its member nations supply, and the timing of that supply, “will define where prices go in the next 12 months”, he said....
...Manufacturers of autos, missiles or medical devices require large volumes of foundational chips as well. Here, too, the Chips Act is providing significant new supply....
...Speaking to reporters this week, he said his company’s most immediate challenge was the volatile prices of displays, which have been fluctuating violently due to supply gluts....
...Last week, Samsung announced a $45bn investment in Texas to meet expected AI-related chip demand, while SK Hynix is building a high bandwidth memory facility in Indiana....
...International oil benchmark Brent crude and US gauge West Texas Intermediate have topped $100 a barrel this year, fuelled by the Ukraine war....
...The industry veteran’s Japan connection goes back to at least 1968, when he was vice-president at Texas Instruments, preparing to start a joint venture in the country with Sony....
...Hamas said some of the facilities had been attacked by Israeli forces, and warned of a catastrophic shortage of essential medical supplies and other staples....
...As of this writing, a Texas judge is still considering the case, but the ramifications are clear: shareholder petitions at annual meetings have grown from an annoyance to a threat worthy of a court battle...
...New York has sued 17 bus companies for bringing thousands of migrants to the city from the Mexican border at the behest of Texas governor Greg Abbott....
...“If a judge decides to substitute his preference, his personal opinion for that of scientists and medical professionals, what drug isn’t subject to some kind of legal challenge?...
...The ruling was also contradicted by a separate court decision in Washington state, which ordered the FDA to continue to supply mifepristone. The issue could eventually reach the US Supreme Court....
...Founders swapping notes at the South by Southwest festival in Texas last week admitted that they had received a rapid education....
...Fossil fuel producers could also benefit from another rise in oil and gas prices this year as analysts warn that energy supplies remain tight....
...That assessment was challenged by Northwest’s management and the trial results were subsequently reviewed much more favourably in a medical journal article published in November....
...What else we’re reading Why businesses are moving to Texas Caterpillar and Chevron are the latest companies to announce they are expanding their operations in Texas....
...Smart reads Anchors aweigh Cruise operators have spent millions “future-proofing” their fleets with new technology and medical resources after the coronavirus pandemic ravaged the industry....
...US West Texas Intermediate futures gained 2 cents to $87.78 per barrel....
...Plenty seem to agree, as we are about to see with likely Republican victories in a smattering of heavily Hispanic border states in Texas and elsewhere....
...“It is a place where the rich are getting richer while [others] are getting left behind,” said Parth Jain, a 20-year-old medical student....
...In 2016, the multinational industrial gas supplier Linde invested $250mn in a neon production facility in Texas as customers sought to diversify supplies....
...Telco Verizon Communications and chipmaker Texas Instruments also report....
...As shortages persist despite a ramp-up in production at other US factories and the temporary approval of foreign supplies, Abbott, a $180bn medical device and healthcare company, is facing a political firestorm...
...The two contracts have gone to two small companies - Medea Inc in California and Atlantic Trading in Austin, Texas....
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...The services side of core CPI, like medical expenses and rent, are not expected to fall....
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