[Gasgoo Express] BASF and Carlyle complete coatings business transaction; General Motors and Micron sign automotive chip supply agreement - Gasgoo

On July 2, 2026, several key developments unfolded in the semiconductor, automotive, and supply chain sectors. BASF completed its transaction with Carlyle Group for its coatings business, officially s... Read original →

Micron’s long-term pact with GM isn’t just a supply deal—it’s a strategic pivot that forces rivals like Samsung and SK Hynix to accelerate automotive-grade 3nm EUV ramp-ups and pushes Chinese memory players like CXMT to fast-track ISO 26262 certification. Simultaneously, BASF’s spin-off of its coatings unit signals a refocus on semiconductor-grade chemicals, a critical input now under scrutiny as wafer fab expansions in Taiwan, China and mainland China decelerate. Despite favorable NEV credit data from China’s MIIT, the sell-off in SMIC and GigaDevice reveals investor skepticism over domestic auto-chip volume timelines. Over the next 18 months, cockpit AI and battery management ICs will become the epicenter of U.S.-China-EU tech competition, with embodied intelligence driving surging demand for HBM solutions.