Chip Industry reportedly faces a shortage of up to 157k jobs by 2030, according to a study by Semi Industry Group, McKinsey and NSF
Newsquawk Staff ·
- Chip worker shortfall to be most acute in Texas, California and New York.
- Suggests the shortfall imperils US chip factory revival.
- [EARNINGS CALL] Tesla (TSLA) CEO Elon Musk says the company will increase production to meet demand; company is aiming to produce approximately 5mln vehicles annually by 2030
- [EARNINGS CALL] Meta (META) expects new AI businesses to generate incremental revenue from 2027 through subscriptions, transactions, advertising and enterprise offerings, with meaningful growth potential over time
- [EARNINGS CALL] IBM (IBM) says Q3 revenue growth accelerated to 6%, above the base case outlined in July, with acceleration across segments, while management expressed confidence in its balance-of-year outlook, supported by strong profitability and FCF
- [EARNINGS CALL] Lam Research (LRCX) says its preliminary CY27 wafer fabrication equipment outlook exceeds USD 200bln (exp. CY26 USD 150bln), driven by DRAM, NAND and foundry/logic demand
- [EARNINGS CALL] Meta (META) CFO expects compute efficiency to improve tenfold over the next year
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