Cisco stock drops as higher costs amid chip shortage ding earnings outlook

[ad_1] Cisco Systems Inc. shares dropped in the extended session Wednesday as the company’s earnings outlook fell short of Wall

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Jeep and Maserati maker Stellantis warns of worsening chip shortage

[ad_1] Stellantis STLA, +7.03%, the European car maker created from the merger of France’s PSA Peugeot-Citroën and Italy’s Fiat-Chrysler, said

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Intel CEO stresses more U.S. chip production, fewer stock buybacks

[ad_1] Intel Corp. plans to spend more money on building semiconductors and less on stock buybacks, the chip giant’s CEO

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