Tag: semiconductor manufacturing

London’s aging power grid undermines British AI ambitions, Virtus Warns
Technology

London’s aging power grid undermines British AI ambitions, Virtus Warns

[ad_1] London's electricity system is struggling to add more data centers, deterring potential investment and undermining Britain's ambitions in technology like AI, a business has warned the UK energy regulator.“A combination of lack of immediate power combined with delays in future power is preventing us from growing our business within the southeast of England via the addition of new sites,” Virtus Data Centres Ltd.'s engineering director, Peter Betts, wrote. It's “preventing the region from reaping the benefits from future technological advancements in areas such as artificial intelligence, an area in which the UK wishes to become the global center of excellence.” Lack of power in the southeastern part of England has stalled about £500 million ($636 million) of investment in new data...
Chip Delivery Times Shrank Rapidly in October as Supply Crunch Subsides
Technology

Chip Delivery Times Shrank Rapidly in October as Supply Crunch Subsides

[ad_1] Chip delivery times shrank by six days in October, the biggest drop since 2016, adding evidence that demand for electronic components is falling off quickly. Chip delivery times shrank by six days in October, the biggest drop since 2016, adding evidence that demand for electronic components is falling off quickly. Lead times -- the gap between when a chip is ordered and when it is delivered -- averaged 25.5 weeks in the period, according to research by Susquehanna Financial Group. All major product areas are now available more quickly than they were and 70% of the companies surveyed by Susquehanna say they're able to supply chips more swiftly, analyst Christopher Rolland said in a research note. A swath of companies across the $580 billion industry have told investors th...