Semiconductors
TSMC to get $6.6 bn direct federal funding for Arizona chip project
11 Apr 2024
Close on the heels of US government offer of financial assistance to Intel for expansion and modernisation of its production lines in California, Taiwan Semiconductor Manufacturing Company (TSMC) also said it will receive up to $6.6 billion in direct funding from the US federal government for setting up a state-of-the-art semiconductor plant in Phoenix, its third unit in Arizona.
Intel gets US govt funding for $100 billion revamp, expansion programme
25 Mar 2024
Intel is embarking on a major expansion and upgradation programme, involving investment of $100 billion, by setting up manufacturing facilities in four US states and upgrading existing facilities
Nvidia unveils superchip DGX SuperPOD to power AI
19 Mar 2024
Tech giant Nvidia on Monday unveiled the Blackwell-Powered DGX SuperPOD, a new family of GPU chips for powering Generative AI supercomputing, in a move to consolidate its hold on AI technology.
India kicks off work on 3 semiconductor factories
14 Mar 2024
India on Wednesday ushered in its `Techade’ with Prime Minister Narendra Modi laying foundation stones for three semiconductor factories, involving a combined investment of Rs1.25 lakh crore.
Israel's Tower proposes $8 bn chip manufacturing facility in India: report
12 Feb 2024
Israel-based chipmaker Tower Semiconductor has proposed to set up an $8 billion chip fabrication facility in India, under the $10 billion chip manufacturing scheme of the Government of India
Tatas plan mega chip factory in Gujarat; work on Li-Ion battery plant to start in March
11 Jan 2024
The Tata Group has lined up major investments in Gujarat, including the building of a 20 GW Lithium-Ion factory and a semi-conductor fabrication unit, to be built in Dholers, Tata Group CEO Natarajan Chandrasekharan said on Wednesday.
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Microchip Technology set to receive $162 million award from U.S. to boost production
05 Jan 2024
The U.S. Commerce Department announced plans on Thursday, 4 January 2024, to grant $162 million to Microchip Technology in government funding, aiming to enhance the production of semiconductors and microcontroller units (MCUs) critical for the consumer and defense industries.
Intel to receive a $3.2 billion grant for a $25 billion chip plant in southern Israel
27 Dec 2023
The Israeli government has approved a $3.2 billion grant for Intel’s ambitious plan to construct a $25 billion chip plant in southern Israel.
Intel to lay off 235 more employees in US as it reworks strategy
23 Dec 2023
Computer chip maker Intel Corporation plans to lay off around 235 employees at its research and development facility in Folsom, Sacramento County over two weeks, as part of its ongoing efforts to cut costs.
Govt fast-tracks Micron’s semiconductor project at Sanand in Gujarat
09 Dec 2023
Government has fast-tracked Micron’s semiconductor unit being set up in in Sanand, in Gujarat with capital investment of Rs22,516 crore ($2.75 billion).
