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
Intel hires execs from rival foundries to challenge TSMC and Samsung
Intel Foundry Services has been recruiting executives and senior staff from competitor chipmakers to compete with TSMC and Samsung.
Suk Lee and Michael Chang, two TSMC veterans with a combined 44 years of experience working for the Taiwanese company, are the newest hires to Intel's revived found... Read more
Samsung starts mass producing 3nm processors
Samsung started mass producing advanced 3nm processors. The South Korean tech giants hopes to win over new foundry customers and orders.
3nm processors are smaller and more energy-efficient than 5nm processors. This makes the processors especially suitable for mobile and high-performance applic... Read more
‘Samsung to raise chip prices by 20 percent’
Insider sources told Bloomberg that Samsung is trying to raise chip production prices by 15 to 20 percent.
The business model of chip manufacturers revolves around the service of production capacity. The manufacturer invests in its own factories and produces at the request of customers. Samsung ... Read more
Nvidia CEO would like to collaborate with Intel for chip manufacturing
Last year, Intel decided to extend its business by manufacturing chips designed by others. They coined this as “Foundry Business” and announced a slew of multi-billion dollar projects for creating centers in America and Europe. Following Nvidia CEO Huang’s comments, Intel’s shares increased... Read more
‘Intel wants to acquire Tower Semiconductor for 5.3 billion euros’
Intel wants to acquire Tower Semiconductor for 5.3 billion euros (6 billion dollars). This is reported by the Wall Street Journal based on anonymous sources.
Chip giant Intel has set its sights on Tower Semiconductor, an Israeli chip manufacturer. Anonymous sources told the Wall Street Journal t... Read more