Chipmaker TSMC said that it aims to invest “at least” $100 billion in chip manufacturing plants in the U.S. over the next four years as part of an effort to expand the company’s network of semiconductor factories. President Donald Trump announced the news during a press conference Monday. TSMC’s cash infusion will fund the construction […]
TSMC pledges to spend $100B on US chip facilities Read More »
Semiconductor giant Intel Corporation has already received $2.2 billion in federal grants from the U.S. Department of Commerce through the U.S. CHIPS and Science Act, the company shared during its Thursday earnings call. Dave Zinsner, Intel’s co-interim CEO, executive vice president and CFO, said the Silicon Valley-based company received the first tranche of $1.1 billion
Intel has already received $2.2B in federal grants for chip production Read More »
The U.S. Department of Commerce confirmed on Tuesday it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing. The funding will go toward manufacture and advanced packaging (techniques to assemble and integrate
China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and for manufacturing wafers — prioritizing what is called chip sovereignty. China’s National Integrated Circuit Industry Investment Fund, also known simply as ‘the Big Fund,’ had two previous vintages: Big Fund I (2014
China’s $47B semiconductor fund puts chip sovereignty front and center Read More »
The Biden administration announced Monday that Polar Semiconductor will receive up to $120 million in federal funds to expand its chip manufacturing facility in Minnesota. The funding stems from the bipartisan CHIPS and Science Act, which Biden signed into law in August 2022 to strengthen the U.S. supply of semiconductors. The expansion of Polar Semiconductor’s
President Joe Biden’s administration is looking to fund efforts that improve semiconductor manufacturing by using digital twins. Digital twins are virtual models used to test and optimize physical objects and systems. For example, auto manufacturers are looking to use digital twins of their factories to experiment with new manufacturing processes without disrupting production. The Biden
Biden administration plans $285M in CHIPS Act funding for digital twins Read More »
