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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
Wednesday 27 March 2024
South Korean Congress may fail to approve its Chips Act amendment before deadline
Tax incentives promised for South Korean semiconductor companies by its version of the Chips Act may fall through the fingers.
Wednesday 20 March 2024
Intel grabs away US$8.5 billion CHIPS Act money and a US$11 billion loan
The Biden-Harris Administration announced that the US Department of Commerce and Intel Corporation have reached a non-binding preliminary Memorandum of Terms (PMT) to provide up to...
Wednesday 13 March 2024
Pentagon scraps plan to spend US$2.5 billion on Intel grant
The Pentagon pulled out of a plan to spend as much as $2.5 billion on a chip grant to Intel Corp., people familiar with the situation said, putting the onus on another federal agency...
Friday 8 March 2024
CHIPS Act funding still waiting for progress as Biden's State of Union Address promises little
US President Joe Biden said in his 2024 State of the Union Address that America is rising and has the lowest trade deficit with China in over a decade. A response from the Semiconductor...
Thursday 22 February 2024
US to see rising investments in chip ecosystem despite project delays
Despite delays in grants offered by the US government and weak demands for end products that hurt global semiconductor firms, US states are likely to benefit from the onshoring chip...
Tuesday 20 February 2024
GF to get US$1.5 billion funding in US chip manufacturing push
The US Department of Commerce has disclosed US$1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. According to the pure-play foundry,...
Monday 19 February 2024
Biden administration mulls showering Intel with 10 billion greenbacks
The Biden administration is reportedly ready to provide significant subsidies to Intel.
Tuesday 6 February 2024
Wait for it... US teases major Chip Act funding announcement
The US Department of Commerce is preparing to allocate funds from its semiconductor manufacturing revitalization plan.
Tuesday 30 January 2024
WSJ: White House to announce billions in subsidies for TSMC, Intel in March
US President Joe Biden is expected to officially announce subsidies amounting to billions of dollars to major semiconductor manufacturers on March 7, according to the Wall Street...
Thursday 25 January 2024
Samsung's Taylor TX fab delays tool-in plans again
After TSMC announced a delay of its planned utilization of the second fab in Arizona for 1-2 years, Samsung Electronics, which is also planning to produce advanced chips in the United...
Wednesday 24 January 2024
'Taiwanese Chips Act' to take effect in February, aiming to cement semiconductor leadership
While the recent US CHIPS and Science Act, European Chips Act, and Japan's subsidy plan have enticed TSMC to build wafer fabs in the US, Germany, and Japan, Taiwan has responded with...
Friday 19 January 2024
Who missed out on golden timing to capture AI opportunities with TSMC?
With TSMC's Kumamoto fab progressing more smoothly than expected and market rumors even speculating about TSMC's second and third fabs in Japan, people wonder whether TSMC will shift...
Friday 29 December 2023
Semiconductor industry caught between two superpowers and AI
When reviewing the semiconductor industry in 2023, the complex US-China tech war has become an unavoidable topic for the industry's development. Over the past few years, the Biden...
Friday 22 December 2023
Intel CEO Pat Gelsinger charts a course of tech leadership amidst quantum and AI advancements
Intel CEO Pat Gelsinger recently outlined his vision for Intel's continued leadership in the semiconductor industry when speaking at the Massachusetts Institute of Technology (MIT),...
Thursday 7 December 2023
TSMC and Samsung face investment risks amid concerns over CHIPS Act favoring US firms
Amid the ongoing semiconductor supply chain restructuring in the United States, the US$52.7 billion subsidy provided by the "Chips and Science Act" aims to attract global semiconductor...