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US manufacturing sector
Trends
- 1ASML warns Europe risks falling behind in chipmaking●ASML said it isn’t selling chipmaking machines in Europe, warning the region risks falling behind the US, China and Indi
Dutch semiconductor equipment maker ASML said it is not selling its chipmaking machines in Europe, warning that the region risks falling behind the US, China and India in the semiconductor industry. The statement has drawn attention from business and tech observers, who see it as a stark signal about Europe's competitiveness in advanced chip manufacturing and its reliance on foreign production capacity.
- 2Chinese automakers unveil 5-minute ultrafast EV charging▼Chinese auto companies race ahead on EV technology, achieving 5-minute ultrafast charging
Chinese car companies are pushing ahead in electric vehicle technology with ultrafast charging that can refill a battery in about five minutes. Reports carried in US regional newspapers highlight the advance, which would put Chinese manufacturers well ahead of Western rivals on charging speed and reinforce concerns about China's growing lead in the EV sector.
- 3Buttigieg says US manufacturing jobs fell under Trump●Pete Buttigieg: "Manufacturing jobs in the United States are down under Trump, including in the auto industry. His strat
Pete Buttigieg accused President Trump of presiding over a decline in US manufacturing jobs, including in the auto industry, saying the administration's strategy has failed. He argued that lowering regulatory standards will accelerate the loss of the clean technology sector to China and raise costs for American consumers, renewing debate over Trump's economic record.
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The State of Texas is moving to broaden its involvement in the space economy, according to a report from KXAN Austin. The announcement points to growing state-level investment and policy attention on space-related industries, from launch operations to research and manufacturing. Texas has been courting aerospace activity as part of a wider push among US states to capture a share of the fast-growing commercial space sector.
- 5First Solar Shares Rise After KeyBanc Upgrade▼First Solar Shares Rise After KeyBanc Removes Underweight Rating
Shares of First Solar rose after KeyBanc removed its underweight rating on the solar panel maker. The move by the brokerage signaled a more neutral or positive stance on the company, prompting investors to buy the stock. First Solar, a major US-based solar manufacturer, has been closely watched amid shifting policy and demand dynamics in the clean energy sector.