LONDON — U.S. chipmaker Intel unveiled plans on March 15 to invest up to $88 billion across Europe as part of an ambitious expansion aimed at evening out imbalances in the global semiconductor industry that have led to big chip shortages.

The wait times for semiconductor deliveries rose again in February, a sign that shortages are continuing to bedevil chip buyers in a wide range of industries.

A Chinese chipmaker blacklisted by Washington as a technology thief more than three years ago is getting a chance to prove it was wrongly accused.

Legislation that would dedicate $52 billion to boost the country’s role as a semiconductor manufacturer amid a supply chain crisis is expected to be a main item on Congress’ agenda over the coming weeks.

SANTA CLARA, Calif. — Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.

TOKYO — Toyota’s profit slipped nearly 6% last quarter, the Japanese automaker said Feb. 9, highlighting the headwinds automakers are facing in a computer chips crunch caused by the coronavirus pandemic.

The U.S. House of Representatives on Feb. 4 passed an expansive bill that would invest tens of billions in the U.S. tech sector, but Republican objections that it’s too weak on China threaten what Democrats hoped would be a quick election-year win.

Toshiba Corp. will build a new wafer fabrication plant for power semiconductors that will more than double its production capacity by March 2025, the company announced Feb. 4.

Democratic leaders in the U.S. House of Representatives signaled the likelihood of advancing legislation meant to enhance supply chain connectivity.

COLUMBUS, Ohio — Ohio offered Intel Corp. incentives worth roughly $2 billion to secure a new $20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest.