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Tech lifts European shares as economic outlook improves

UPDATE 2-Tech lifts European shares as economic outlook improves For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Tech stocks boost STOXX 600 ECB officials back more 50 bps rate hikes Eurozone consumer confidence improves Symrise slides on EBITDA miss Updates to market close By Sruthi Shankar and Amruta Khandekar Jan 23 (Reuters) - European stocks climbed on Monday, with technology firms spearheading gains, as optimism about the eurozone
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As Russian missiles struck Ukraine, Western tech still flowed

By David Gauthier-Villars, Steve Stecklow, Maurice Tamman, Stephen Grey and Andrew MacAskill KYIV, Aug 8 (Reuters) - With the tip of a hunting knife, a senior Ukrainian security official removed 18 screws and lifted off the lid of a small black metal box. Inside were four sliding panels packed with scores of computer chips. This was the electronic brain of an unexploded Russian 9M727 cruise missile — one of the devastating weapons Russia has used to strike Ukraine since it invaded the country
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How China became ground zero for the auto chip shortage

(Corrects to delete incorrect reference to average chip order lead time in paragraph 16. The story was previously corrected to fix attribution in paragraph 34 to CATARC's Li Xudong, not Nio's William Li.) By Sarah Wu, Jane Lanhee Lee and Kevin Krolicki TAIPEI/SHANGHAI/SINGAPORE, July 19 (Reuters) - From his small office in Singapore, Kelvin Pang is ready to wager a $23 million payday that the worst of the chip shortage is not over for automakers – at least in China.
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TSMC sees resilient chip sales boosting Q3; electronics demand cooling

* Sees Q3 revenue up to $19.8 bln-$20.6 bln from $14.88 bln yoy * Confident on long term chip demand * Q2 profit T$237.0 bln vs T$219.13 bln analyst view * Q2 revenue up 36.6% on year at $18.16 billion By Yimou Lee and Ben Blanchard TAIPEI, July 14 (Reuters) - Taiwan's TSMC 2330.TW forecast revenue growth that could be the highest in 10 quarters, saying it was "highly confident" about its long-term prospects and touted demand for high-tech chips used in data centres and electric vehicles.
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Wacker Chemie invests 100 million euros in mRNA factory

By Zuzanna Szymanska BERLIN, July 5 (Reuters) - Chemicals group Wacker Chemie WCHG.DE has commissioned construction firm Exyte to build a plant for mRNA components, a medical technology first widely used in COVID-19 vaccines, in an investment of 100 million euros ($102.97 million). Wacker said on Tuesday the German state would pay an annual fee to reserve about half of its capacity for its pandemic preparedness programme but declined to say if and how much the state had paid for the construction
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