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US to award Taiwan's GlobalWafers up to $400 million to boost US semiconductor wafer production
Economic Times
·
1y ago
Medial
The US Commerce Department plans to award Taiwan's GlobalWafers with up to $400 million in grants to expand the production of silicon wafers. This will establish the first US production of 300-mm wafers for advanced semiconductors and expand the production of silicon-on-insulator wafers. The move is part of the Biden administration's efforts to strengthen the chip supply chain. GlobalWafers intends to invest $4 billion in building new wafer manufacturing facilities in Texas and Missouri, which would create thousands of jobs. This initiative aims to reduce reliance on Asian suppliers and boost domestic semiconductor production.
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Joe Biden to announce Intel chips grant in Arizona next week
Economic Times
·
1y ago
Medial
President Joe Biden and Commerce Secretary Gina Raimondo are set to announce a multi-billion-dollar award for Intel to expand its chip production in the US. The award, which will include grants and loans, is part of the 2022 CHIPS and Science Act aiming to boost domestic semiconductor output with a $52.7 billion fund. Intel's expansion plans in Ohio and Arizona align with Biden's focus on swing states. This move comes after the US awarded $1.5 billion to GlobalFoundries and $162 million to Microchip Technology for semiconductor production. The goal is to reduce reliance on China and Taiwan in semiconductor manufacturing.
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Intel clinches nearly $20 billion in awards from Biden to boost US chip output
Economic Times
·
1y ago
Medial
The Biden administration is set to award Intel nearly $20 billion in grants and loans to boost domestic semiconductor chip production. The funds will be used to build two new factories and modernize an existing one in Arizona. The move aims to reduce reliance on China and Taiwan in semiconductor manufacturing as the US share has fallen to 12%. This marks the largest investment in US semiconductor manufacturing and is part of the government's goal to increase the country's share to 20% by 2030. The announcement comes as Biden hopes to secure support in a critical political swing state and is part of a $52.7 billion funding plan to boost domestic semiconductor output.
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Malaysia signs deal with Arm to bolster chip ambitions
Economic Times
·
5m ago
Medial
Malaysia has signed a deal with British chip giant Arm Holdings to boost its semiconductor industry by focusing on high-end production. This agreement aims to transition Malaysia from lower-end packaging and testing to value-added production, such as wafer fabrication and integrated circuit design. The partnership, worth $250 million over a decade, will involve chip design, technology support, and local talent training. Additionally, Arm will open a regional office in Kuala Lumpur to enhance its presence in Southeast Asia.
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Tata Electronics Inks MoU With Synopsys For Gujarat Fab Plant
Inc42
·
1y ago
Medial
Tata Electronics has partnered with Synopsys to develop a foundry design platform to enhance chip development at its AI-enabled semiconductor fab. Synopsys, a US-based company, offers electronic design automation, silicon IP, and system verification and validation services to semiconductor companies. The collaboration is expected to boost Tata Electronics' chip development capabilities. In February, the Indian government approved the establishment of Tata Group's semiconductor fab in Dholera, in collaboration with Taiwan's PSMC.
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US to award HP $50 million for semiconductor tech project
Economic Times
·
11m ago
Medial
The US Commerce Department is planning to award $50 million to HP for the expansion and modernization of its facility in Oregon. This funding will support semiconductor technologies used in life sciences instrumentation and AI applications. The investment is part of a larger government initiative to support US semiconductor manufacturing. HP's expertise in microfluidics and microelectromechanical systems will contribute to the production of silicon devices used in drug discovery and other life science applications. This funding will benefit partner institutions such as Harvard Medical School, the CDC, and Merck.
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China import concerns spur US to launch semiconductor supply chain review
Economic Times
·
1y ago
Medial
The US Department of Commerce plans to conduct a survey of the semiconductor supply chain and national defense industrial base to address national security concerns related to Chinese-sourced chips. This survey aims to identify how US companies are sourcing legacy chips and reduce the national security risks posed by China. The US will award nearly $40 billion in subsidies for semiconductor chip manufacturing and wants to promote a level playing field for chip production. China has provided an estimated $150 billion in subsidies to its semiconductor industry in the last decade.
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India approves $15B in semiconductor plant investments
TechCrunch
·
1y ago
Medial
India has approved a $15.2 billion investment to build three semiconductor plants, including its first semiconductor fab facility, in an effort to compete with China and Taiwan in the chip race. The plants will focus on general-purpose applications rather than AI chips. The first fab facility will be set up by Tata Group and Taiwan's Power Chip in Gujarat. The government has also approved an investment in a semiconductor assembly unit in Assam and a specialized chip facility in Gujarat. These investments aim to boost India's domestic semiconductor sector and generate employment opportunities.
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Nvidia and Broadcom testing chips on Intel manufacturing process
Economic Times
·
5m ago
Medial
Nvidia and Broadcom are evaluating Intel's advanced 18A manufacturing process, marking a potential shift in Intel’s contract manufacturing business. These tests could signify future contracts if successful. Currently, the process is competing with Taiwan's TSMC in the global market but Intel faces setbacks, including a delay in delivering necessary intellectual property. This situation is crucial for U.S. ambitions to boost domestic semiconductor production. The success of Intel's foundry remains uncertain, affecting anticipated revenue.
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Tata Group JV to roll out first semiconductor chip by 2026: PSMC Chairman Huang
Livemint
·
1y ago
Medial
The Tata Group and Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) are set to debut their joint venture semiconductor chip by the end of 2026, according to PSMC Chairman Frank Huang. The specifics of the partnership are still being determined, but production will begin with 28-nanometer chips in order to cater to India's supply chain needs. The chip fab facility is being set up in Gujarat's Dholera, with the Indian government subsidizing up to 70% of the project's $11 billion cost. Prime Minister Narendra Modi has announced ground-breaking ceremonies for three semiconductor facilities in India, including the Tata Group fab in Assam and the CG Power factory in Gujarat.
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Chip company Renesas says Wolfspeed situation won’t hit India OSAT
Economic Times
·
2m ago
Medial
Japanese chipmaker Renesas reassured that the troubles with Wolfspeed, a US-based silicon carbide wafer maker, won't affect its joint outsourced semiconductor assembly and test (OSAT) project with CG Power in India. Despite Wolfspeed's financial instability, Renesas affirms that the project, focused on supporting the 'Make in India' initiative, will proceed without disruption. Renesas holds a minority stake in the venture and remains committed to its plans and supply agreements, with mass production set for 2027.
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