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Chips Act
US legislators have passed the Chips Act in a bid to revive IC manufacturing in the country. Responses have been mixed from the semiconductor industry.
IN THE NEWS
Thursday 21 November 2024
GlobalFoundries cements Chips Act deal for US$1.5 billion grant
The Biden administration has finalized Chips Act incentives for GlobalFoundries (GF), awarding the chipmaker US$1.5 billion in grants to support US factories as part of a broader...
Tuesday 19 November 2024
Tech giants navigate Trump's return: stand up or stay silent?
Trump's return to the presidency has drawn significant attention, with his potential appointments already creating waves across the global tech industry. The impact has extended to...
Tuesday 12 November 2024
Pat Gelsinger seeks stronger CHIPS Act backing from incoming Trump administration
Since assuming the role of Intel CEO in 2021, Pat Gelsinger has actively collaborated with government leaders to advance the CHIPS Act, a 2022 initiative aimed at boosting US semiconductor...
Friday 8 November 2024
CHIPS Act Funding Fuels Corning's EUV-Grade Glass Production, Strengthening U.S. Semiconductor Supply Chain
Investments in New York and Pennsylvania Aim to Increase Domestic Production of Key Semiconductor Components
Friday 8 November 2024
Trump's win sets off race to complete Chips Act subsidy deals
The Biden administration is racing to complete Chips Act agreements with companies like Intel Corp. and Samsung Electronics Co., aiming to shore up one of its signature initiatives...
Thursday 7 November 2024
US CHIPS Act expansion set to benefit South Korean solar manufacturers
Following the US Department of Treasury's expansion of the CHIPS and Science Act subsidies to include solar-grade silicon ingots and wafers, South Korean solar giants Hanwha Qcells...
Tuesday 5 November 2024
Trump teases shutting down CHIPS Act: what does it mean?
With the US presidential election on the horizon, Republican Donald Trump and Democrat Kamala Harris have drawn attention for their stances on Taiwan's semiconductor industry. Interest...
Monday 4 November 2024
Intel CEO slams federal delays in CHIPS Act funding, calls out media on 'irresponsible' takeover rumors
Following Intel's disappointing financial results, CEO Pat Gelsinger addressed Bloomberg and Yahoo Finance, openly criticizing the Biden administration for delays...
Tuesday 29 October 2024
Intel's US fab ambitions clash with election-year politics
In July 2022, Congress passed the CHIPS and Science Act, the largest-ever federal funding package for semiconductor manufacturing—a milestone Intel CEO Pat Gelsinger has devoted...
Wednesday 23 October 2024
Will Trump cut TSMC's Arizona factory subsidies?
As the US presidential election heats up, speculation is swirling about whether former President Donald Trump, if re-elected, would cut off subsidies for TSMC's Fab 21 in Arizona...
Tuesday 22 October 2024
US CHIPS Act boosts ICT technology to new heights
Following the passage of significant legislation such as the CHIPS and Science Act (CHIPS Act) and the Inflation Reduction Act (IRA) in 2022, the United States has intensified its...
Friday 18 October 2024
Infinera secures US$93 million CHIPS Act funding to expand photonic chip production and packaging
The US Department of Commerce has partnered with Infinera through the CHIPS and Science Act, signing a non-binding memorandum to provide up to US$93 million in funding. This investment...
Tuesday 15 October 2024
ElevATE partners with Polar Semiconductor for advanced manufacturing
ElevATE Semiconductor and Polar Semiconductor have formed a strategic alliance to develop and produce ElevATE products used by world-class ATE equipment and semiconductor manufactu...
Wednesday 9 October 2024
CHIPS Act waives environmental reviews, but power challenges persist
On October 2, 2024, US President Joe Biden signed new legislation allowing semiconductor fabs funded under the CHIPS and Science Act to bypass federal environmental review requirements...
Wednesday 9 October 2024
TSMC and Amkor collaboration completes key puzzle piece in US chip manufacturing
Amkor, a major US semiconductor packaging and testing company, received a US$400 million subsidy under the CHIPS Act to build a new plant in late July and will collaborate with TSMC...