The US Department of Commerce (DOC) and Samsung Electronics signed a non-binding preliminary memorandum of terms (PMT) on April 15 to provide up to US$6.4 billion in direct funding...
Since Panasonic unveiled the integration of ChatGPT in February 2023, there's been a notable uptick in funding pouring into various sectors of AI-powered manufacturing unicorns.
SK Siltron, a silicon carbide (SiC) wafer manufacturer in the United States, is set to receive a US$77 million subsidy from the state of Michigan, following a US$544 million loan...
Volkswagen committed to a new investment in China. The carmaker said on April 11 that it will invest EUR2.5 billion (US$2.67 billion) in its Hefei site to facilitate innovation and...
President Joe Biden and Japanese Prime Minister Fumio Kishida have enlisted Amazon.com Inc. and Nvidia Corp. to fund a new joint artificial intelligence research program, as the two...
DIGITIMES Research analyzed the US CHIPS Act grant program for TSMC and found that although TSMC received US$6.6 billion compared to Intel's US$8.5 billion, the US government still...
Microsoft Corp. will invest $2.9 billion over the next two years to boost its hyperscale cloud computing and artificial intelligence infrastructure in Japan, marking its biggest investment...
The average growth of equipment investments by Japanese enterprises is projected to reach 8.5% during fiscal 2024 (April 2024-March 2025), marking the highest surge since 1989, according...
After the Wall Street Journal reported that Samsung Electronics will double its investment in Taylor, Texas, the US Department of Commerce (DOC) announced granting US$6.6...
According to TSMC's announcement of a third fab for 2nm and more advanced chips, as well as Amkor Technology's intentions to develop an advanced packaging fab in Arizona, advanced...
SK Hynix recently announced plans to invest an estimated US$3.87 billion in West Lafayette, Indiana to build an advanced packaging fabrication and R&D facility for AI products.
According to the IDC Worldwide Quarterly Enterprise Infrastructure Tracker, buyer and cloud deployment, spending on compute and storage infrastructure products for cloud deployments,...
