Taiwan Company Plans Texas Chip Wafer Factory—if Congress Approves Incentives

Taiwan Company Plans Texas Chip Wafer Factory—if Congress Approves Incentives

WASHINGTON—A Taiwan-based company said it plans to build a $5 billion factory in Texas to make silicon wafers used in semiconductors, but the deal hinges on financial incentives bogged down in Congress. Global Wafers on Monday said its planned factory in Sherman, Texas, would be the first US silicon wafer-facility in more than two decades … Read more

Elon Musk’s Appeals for Lithium Are No Substitute for Better Price Signals

Elon Musk’s Appeals for Lithium Are No Substitute for Better Price Signals

If lithium is the new oil, it needs better answers to widely traded crude benchmarks like Brent and West Texas Intermediate. Oil-price increases have been modest compared with the rally in the metal that underpins electric-vehicle batteries. Despite a recent pause for breath, spot prices for seaborne supplies of the key lithium compounds, carbonate and … Read more