ASM invests 300M in US without expansion plans in Europe
ASM (formerly ASMI) has big plans for a new research campus in Phoenix, Arizona. With the help of US investment, it wants to grow to employ 1,200 in its new campus, a significant increase from the current number of staff at 800.
The investment of around 300 million euros was announced in the pre... Read more
China pumping 30 billion into Huawei, that’s secretly becoming a chip giant
While the EU and US are pouring tens of billions into their own chip production, China has much bigger ambitions. A blockade on the sale of machinery for chip manufacturing should curb Chinese development, but Huawei is forming plans to circumvent it. In time, China's chip production may well stand... Read more
Europe, ASML and Flanders get imec ready for modern chips
Imec is negotiating additional subsidies with the European Commission worth 750 million euros. That money will be used for the construction of a new clean room. If imec concludes the negotiations successfully, the Flemish government will double the amount. ASML is already prepared to lend equipment... Read more
Intel and Germany reach agreement on billion-dollar subsidy
Intel will receive 10 billion euros in subsidies to build a chip factory in Magdeburg, Germany. The American chip producer seems to have no more excuses to delay construction.
On Monday afternoon, Germany and Intel officially agreed on additional subsidies for constructing a chip factory. A tota... Read more
TSMC to open its first German chip fab at a cost of €10 billion
Taiwan Semiconductor Manufacturing Company is in talks with its partners to put $11 billion (€10 billion) into building a chip fabrication plant in Saxony, Germany.
According to people familiar with the matter, the planned investment between TSMC, NXP Semiconductors NV, Robert Bosch GmbH and I... Read more
Bosch plans to acquire TSI Semiconductors
The move reflects the increasing demand for chips in the electromobility industry.
This week German technology giant Robert Bosch announced it intends to buy TSI Semiconductors, a US-based manufacturer of silicon carbide chips.
Based in Roseville, California, TSI produces application-specific... Read more
Member states reach agreement on €43 billion Chips Act
An insider source told Bloomberg that the member states of the European Union have reached an agreement on the Chips Act.
The Chips Act was proposed by the European Commission in February 2022. Brussels wants 20 percent of all chips worldwide to be produced in the European Union by 2030. The Ch... Read more
Finland’s PM says Europe is overreliant on Chinese technology
Finland's Prime Minister Sanna Marin has publicly stated that Europe is overreliant on Chinese technology. Marin made the remarks while speaking at Slush, a yearly startup event in Helsinki.
Marin said that Europe had a lot to learn from its reliance on Russian energy, which played a role in Eur... Read more
NXP: ‘Chips Act makes too little money available to reach target’
The support package for European chip makers won't be enough to reach the European Union's goal, according to NXP's CEO. The chip giant calculated that the market needs €500 billion in investments, while the support package only provides €43 billion.
The European Union wants to have a 20 pe... Read more
CHIPS Act will funnel billions to global chip makers
The new US legislation will reward companies with a 25 percent tax credit on new chip fabs, plus $39 billion in direct subsidies.
Leading foundry operators stand to benefit from a 25 percent investment tax credit (ITC) on domestic fab projects, The Register reports. The policy is spelled out in ... Read more