Tag: Chips Act

Here you will find all the articles with the tag: Chips Act.

ASM invests 300M in US without expansion plans in Europe

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

date4 days ago
Europe, ASML and Flanders get imec ready for modern chips

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

date5 months ago
Intel and Germany reach agreement on billion-dollar subsidy

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

date6 months ago
TSMC to open its first German chip fab at a cost of €10 billion

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

date7 months ago
Bosch plans to acquire TSI Semiconductors

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

date8 months ago
Member states reach agreement on €43 billion Chips Act

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

date1 year ago
Finland’s PM says Europe is overreliant on Chinese technology

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

date1 year ago
CHIPS Act will funnel billions to global chip makers

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

date1 year ago
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