Tag: European Chips Act

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

Spain invests $12 billion in the semiconductor sector

Spain invests $12 billion in the semiconductor sector

The Spanish government wants to invest over $12.3B in developing a local semiconductor industry. As a result, a major complication arose; chip manufacturers are onboard to withstand any challenges. Funded by the European Union, the finances were allotted to balance the economic consequences of t... Read more

date2 months ago
‘US must be independent of Taiwanese chip industry’

‘US must be independent of Taiwanese chip industry’

The US Department of Commerce wants the States to be independent of the Taiwanese chip industry. Commerce Secretary Gina Raimondo believes it's important to implement the Creating Helpful Incentives to Produce Semiconductors (CHIPS) as quickly as possible. According to the ministry, the US is to... Read more

date2 months ago
‘Samsung beats Intel to become largest chip vendor’

‘Samsung beats Intel to become largest chip vendor’

Gartner market researchers conclude that Samsung achieved more chip sales than Intel in 2021. The global chip shortage resulted in a record turnover. Last year, Samsung had a market share of 12.3 percent. Intel peaked at 12.2 percent. Samsung sold 28 percent more chips for a total turnover of 73... Read more

date5 months ago
The Netherlands invests 470 million euros in chip manufacturing

The Netherlands invests 470 million euros in chip manufacturing

PhotonDelta is receiving a 1.1 billion euro investment to make The Netherlands a front runner in the field of photonic chips. About half of the investment (470 million euros) is financed by the Dutch government. The rest stems from PhotonDelta's partners. The Dutch government wants to positio... Read more

date5 months ago
Italy’s Mario Draghi calls on Europe to increase chip production

Italy’s Mario Draghi calls on Europe to increase chip production

The Italian Prime Minister called for investments at both the national level and from abroad. On Wednesday, Italy's Prime Minister Mario Draghi gave an address to the Italian Senate, where he said it was a priority for European countries to increase production of computer chips as part of a wide... Read more

date6 months ago
Intel provides more details on EU Mega Fab project

Intel provides more details on EU Mega Fab project

Tech giant Intel has finally unveiled long-awaited plans to build a state-of-the-art project called Mega Fab for manufacturing complex chipsets in the EU. Intel and EU's top brass concluded a win-win agreement on Tuesday, revealing the long-awaited plans to build a first-of-a-kind microchip fact... Read more

date6 months ago
ASML warns of long-term shortage of chip manufacturing machines

ASML warns of long-term shortage of chip manufacturing machines

ASML forecasts a two-year shortage of chip manufacturing machines. CEO Peter Wennink shared the expectation in a recent interview with the Financial Times. According to ASML CEO Peter Wennink, chip manufacturers will face machine shortages over the next two years. Supply chain problems originati... Read more

date6 months ago
Intel invests 33 billion euros in European chip industry

Intel invests 33 billion euros in European chip industry

Intel is pumping 33 billion euros into European chip factories, research sites and projects. In 2021, Intel promised an 80 billion euro investment plan for European chip production. Today, after weeks of radio silence, Intel confirmed new details. Intel is dividing 80 billion euros into sever... Read more

date6 months ago
‘Intel will build an enormous chip factory in Magdeburg’

‘Intel will build an enormous chip factory in Magdeburg’

German broadcaster MDR reports that Intel will build an enormous chip factory in Magdeburg. According to the broadcaster, Intel will officially announce the news next week. In a 2021-interview with Techzine, Intel revealed that it was considering ten European locations for a new chip factory. Mo... Read more

date7 months ago
1 2