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Remarks of President Joe?Biden - State of the Union Address
Mar 08,2024
In his State of the Union address, President Biden highlighted the impact of the Chips and Science Act on the United States, emphasizing increased investment in research and development. The President acknowledged the challenges faced during the pand...
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Nvidia nears Apple in market value surge
Mar 08,2024
Nvidia is rapidly approaching Apple in market value, positioning itself as the world's second-most-valuable company, driven by a remarkable surge in its shares over the past nine months, elevating its valuation from$1 trillion to over$2 trillion. Cur...
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Dutch universities to host South Korean semiconductor talents, tightening ties between countries
Feb 27,2024
The Netherlands semiconductor industry is seeking to attract South Korean talent through a new university program called 'Future Chips Academy.' This initiative, based in the Eindhoven tech hub, involves inviting students from three South Korean univ...
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US chip manufacturers to face aid cut amidst oversubscription
Feb 27,2024
U.S. Commerce Secretary Gina Raimondo has indicated that most chip manufacturers will receive less government aid than requested, due to an oversubscription of$28 billion funding allocation, as advanced production firms have requested over$70 billion...
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Intel and Microsoft's multi-billion dollar custom chip deal
Feb 23,2024
At Intel's Foundry event, the tech company announced a partnership with Microsoft as part of a$15 billion deal in which Intel would be responsible for the creation of custom chips for Microsoft. This deal will focus on manufacturing chips that make u...
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Semiconductor council urges India to alter its tariff stance on digital e-commerce and data transfer
Feb 23,2024
A consortium of international semiconductor organisations called the World Semiconductor Council (WSC) has urged India to reevaluate its proposed tariffs on digital e-commerce and data transfers. They warned that such measures could hinder the growth...
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Biden administration cracks down on SMIC's chip supply for Huawei
Feb 22,2024
The Biden-Harris administration has intensified its actions against China's leading chipmaker, Semiconductor Manufacturing International Corp. (SMIC), by restricting its most advanced factory from receiving more American imports, Reuters reports. Thi...
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Biden-Harris administration boosts US chip manufacturing with $1.5 billion GlobalFoundries grant
Feb 20,2024
The US government's$1.5 billion investment will fund the expansion of GlobalFoundries' (GF) New York plant, including the construction of a new state-of-the-art semiconductor fab and the renovation of its Vermont installation, providing reliable capa...
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Dutch government to prevent ASML technology from boosting Chinese military capabilities
Feb 20,2024
The Dutch government has expressed concerns that ASML's advanced semiconductor manufacturing tools could be used by China to gain a military advantage. ASML, a Netherlands-based global company, is a leading provider of lithography systems essential f...
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Japan's trade ministry to invest 45 billion yen in semiconductor industry
Feb 09,2024
Japan's trade ministry has announced a considerable financial backing of up to 45 billion yen ($301 million) for the Leading-edge Semiconductor Technology Center (LSTC), which includes chip foundry venture Rapidus, dedicated to advancing cutting-edge...
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German court halts Intel Chip sales in R2 semiconductor patent dispute
Feb 07,2024
A German court has ruled against Intel in a patent dispute with US rival R2 Semiconductor, issuing an injunction that prohibits the sale of certain Intel chips. The regional court in Dusseldorf sided with R2 Semiconductor, based in California, in a c...
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South Korea's exports show moderate growth, led by semiconductor industry
Feb 01,2024
South Korea's holiday-adjusted exports experienced a growth of 5.7% in January, indicating strong demand for the country's leading products. The primary driver of the export rebound was the semiconductor industry, with semiconductor exports soaring b...
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