Items tagged with chips act
Yesterday, during his address to the US Congress, President Trump called for the revocation of the CHIPS Act, arguing that it is a waste of money and not an effective way of securing investment into the country.
The CHIPS Act sought to promote domestic research and semiconductor manufacturing through a program that...
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The U.S. Department of Commerce announced today that it has awarded $6.6 billion in government subsidy to TSMC for its Phoenix, Arizona production endeavors. This contract is the first major award to be confirmed under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities (mouthful...
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The U.S. CHIPS and Science is in full Oprah meme mode as of late, essentially telling chip makers, 'You get a grant, you get a grant...everybody gets a grant!' The idea is to boost US chip manufacturing with some $280 billion earmarked to bolster the domestic semiconductor industry, and Micron has emerged as the...
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The Biden administration has agreed to grant $6.4 billion in direct funding to Samsung as part of the CHIPS and Science Act, which in part will go towards an advanced semiconductor facility in Texas. The investment is part of a broader effort to "restore US leadership in semiconductor manufacturing." It will also...
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The United States government has slowly but surely been distributing funds related to the CHIPS and Science Act, with TSMC set to be a recipient of $6.6 billion in grants and up to $5 billion in loans. The money will be used by the company to advance its planned facilities in Arizona. TSMC also announced plans to...
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Since Pat Gelsinger took the helm of Intel, the company has shed a number of extraneous projects, focused on its core competencies, and completely revamped its manufacturing strategy. In fact, Gelsinger has been adamant about Intel regaining its process leadership position, and famously announced plans to launch five...
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Folks who follow technology news—probably you, if you're reading this—will no doubt be aware that the United States' federal government has allocated some $52 billion to promote microprocessor manufacturing inside the country. This money is being split between a few companies, but two of the biggest are both building...
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U.S. Secretary of Commerce Gina Raimondo recently delivered a speech at Georgetown University's School of Foreign Service recently on the importance of the CHIPS Act and its long-term vision for America.
Raimondo opened the speech by listing other historic investments past presidents have made, including President...
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President Joe Biden is scheduled to attend the groundbreaking ceremony for Intel's Ohio semiconductor facilities on September 9, 2022. The White House made the announcement Thursday as Intel plans on getting started on its two fabs that are scheduled to be open by 2025.
Intel planned on breaking ground this year...
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Samsung has shared a massive spending proposal with the Texas Controller's office that could see the South Korean electronics giant invest $200 billion over the next couple of decades on a dozen new chip manufacturing plants. Interestingly enough, the proposal comes shortly ahead of a key vote on the US CHIPS Act...
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The US CHIPS Act is aimed at making America more competitive against China when it comes the chip industry. However, several US semiconductor firms are said to be debating on whether or not to oppose the package, due to what some are saying are disproportionate benefits toward manufacturers like Intel and...
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