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NEWS TAGGED CHIPS ACT
Monday 19 August 2024
TI to receive up to US$1.6 billion in CHIPS Act funding
Texas Instruments (TI) and the US Department of Commerce have signed a non-binding preliminary memorandum of terms for up to US$1.6 billion in proposed direct funding under the CHIPS...
Friday 16 August 2024
Intel's CHIPS Act implementation hamstrung by performance, packaging dependencies, workforce shortages
The US$39 billion funding allocation under the CHIPS and Science Act (CHIPS Act) is nearing completion.
Tuesday 13 August 2024
SK Hynix to face challenges for US fab despite subsidies
SK Hynix is anticipated to expedite the development of its high-bandwidth memory (HBM) manufacturing and R&D fab in Indiana, with government incentives under the US CHIPS and...
Tuesday 6 August 2024
SK Hynix secures US$450 million in US CHIPS Act funding for HBM memory fab
The US Department of Commerce and SK Hynix have signed a non-binding preliminary memorandum of terms to provide up to US$450 million in proposed federal incentives under the CHIPS...
Wednesday 31 July 2024
Biden administration responds to packaging and testing industry as Amkor receives subsidies from CHIPS Act
The Biden Administration has announced that the CHIPS and Science Act will subsidize US$400 million to help Amkor, the largest semiconductor packaging and testing company in the US,...
Monday 29 July 2024
Amkor granted CHIPS Act incentives for Arizona plant
Amkor Technology has signed a non-binding preliminary memorandum of terms with the US Department of Commerce to receive proposed funding as part of the CHIPS and Science Act, according...
Monday 22 July 2024
US, IDB launch initiative to boost IC backend capability in key partner countries
To strengthen semiconductor production capabilities across the Western Hemisphere, the U.S. Department of State, in collaboration with the Inter-American Development Bank (IDB), has...
Wednesday 17 July 2024
GlobalWafers receives US$400 million of CHIPS Act funding
On July 17, the Biden-Harris Administration announced a non-binding Preliminary Memorandum of Terms (PMT) between the US Department of Commerce and GlobalWafers America, LLC and MEMC...
Wednesday 3 July 2024
US to fight labor shortage with new Chips Act worker program
The Biden administration is kicking off a program to cultivate the US computer-chip workforce, aiming to stave off a labor shortage that threatens to undermine domestic semiconductor...
Tuesday 2 July 2024
Entegris to receive up to US$75 million in CHIPS Act grants
Entegris and the US Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to US$75 million in proposed direct support under the CHIPS and Science...
Wednesday 19 June 2024
US lawmakers look to bar Chips Act winners from using Chinese tools
US lawmakers want to prevent companies that win federal chipmaking funds from using Chinese-made equipment at government-backed factories, part of efforts to limit Beijing's influence...
Wednesday 19 June 2024
Intel pitches foundry services to Chinese clients: can they use non-US fabs?
It is most peculiar to find Intel pitching customized process chip manufacturing services during an interview with Chinese media. Is the Intel Foundry also beckoning Chinese clients...
Monday 27 May 2024
Mature processes make comeback amidst US-China race to expand production
Based on the scale of the subsidies for fab construction given through the US Chips Act, advanced manufacturing processes remain the gold standard in chip manufacturing. This is especially...
Friday 24 May 2024
Biden moves to secure Chips Act funding for Kenya's Ruto
The US is proposing to make Kenya the first country in Africa to benefit from funding in the Chips and Science Act, according to White House officials, underscoring the countries'...
Friday 24 May 2024
Absolics becomes first materials firm to get US CHIPS Act subsidy
Absolics, an affiliate of South Korean chemical material firm SKC and invested by Applied Materials, signed a Preliminary Memorandum of Terms (PMT) with the US Department of Commerce...