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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
Friday 20 December 2024
SK Hynix lands US$458 million CHIPS Act grant
The US Department of Commerce has awarded SK Hynix a grant of up to US$458 million under the CHIPS and Science Act (CHIPS Act), supporting the company's efforts to strengthen the...
Thursday 12 December 2024
Intel, Microchip cases expose CHIPS Act challenges
The CHIPS and Science Act, signed into law by President Joe Biden in August 2022, has been in place for over two years. While companies like Intel and Microchip have progressed with...
Friday 6 December 2024
US awards chip incentives to Absolics, Entegris for advanced chip technology and onshore materials development
On December 5, the US Department of Commerce finalized grants under the CHIPS Incentives Program's Funding Opportunity for Commercial Fabrication Facilities, directing significant...
Wednesday 4 December 2024
Microchip pauses Chips Act application amid inventory woes
Microchip Technology Inc. is pausing its application for US semiconductor subsidies, making it the first known company to step back from a program designed to revitalize American...
Monday 2 December 2024
Weekly news roundup: SMIC leads China's semiconductor rise as memory makers gain ground
Semiconductor Week in Review (Nov 24 - 30) :
Monday 2 December 2024
Trump's America First raises stakes for TSMC's advanced processes
President-elect Donald Trump, who will take office on January 20, 2025, has voiced strong criticism of the Biden administration's CHIPS Act subsidies. His America First policy is...
Monday 2 December 2024
Intel balances US subsidies with renewed China commitment
On November 26, Intel Connection China, hosted in Chengdu, emerged as the company's largest technology ecosystem event to date, featuring participation from major partners including...
Friday 29 November 2024
Samsung Foundry's uncertain future: What path should it take?
Amid challenges, Samsung has decided to scale back investments in its foundry business, prioritizing existing production lines to reduce losses and refocusing efforts on regaining...
Monday 25 November 2024
Raimondo's race against time: Intel, Samsung CHIPS Act deals hang in balance
As Donald Trump's inauguration fast approaches, Gina Raimondo, the US Secretary of Commerce, revealed to Politico that she instructed Commerce Department staff to work overtime...
Monday 25 November 2024
Strict scrutiny of wafer qualification paves the way for 7nm technology restrictions
According to findings from China's semiconductor think tank, ICwise, the US Department of Commerce's (DOC) recent sanctions differ slightly from previous measures.
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...