Biden signs CHIPS and Science Act to boost US chip production
The CHIPS and Science Act aims to help the US better compete with China.
President Joe Biden this week signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research, according to reporting in Reuters. The bill is supposed to boost efforts to make the... Read more
Semtech acquires Sierra Wireless for $1.2 billion
Semiconductor supplier Semtech plans to purchase Sierra Wireless, a deal worth $1.2 billion in all-cash.
Semiconductor and analog manufacturing company Semtech Corporation plans to purchase all the shares of Sierra Wireless. Sierra Wireless is an Internet service provider based in Canada.
The... Read more
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
South Korean chip stockpile rises and threatens export
The semiconductor stockpiles in South Korea grew at the quickest pace since April 2016, threatening the export that produces the country's economic growth.
Recent reports show that the semiconductor stockpiles of South Korea have seen rapid growth for more than six years. As a result, bad signs ... Read more
Arm launches next-gen mobile chips
Chip giant Arm unveiled its newest CPUs and GPUs for the mobile device industry.
Arm doesn't produce chips; instead, it creates the blueprints that hardware manufacturers use to develop CPUs and GPUs. Globally, billions of devices are powered by the company's technologies.
Most smartphones an... Read more
‘Chip manufacturers invest €104 billion in production capacity’
Industry association SEMI calculated that the world's chip manufacturers will invest a total of $109 billion (€104 billion) in production capacity in 2022.
According to the researchers, investments are about twice as high as three years ago. In 2019, chip manufacturers invested $55 billion (a... Read more
European chip stocks crumble as investors fast forward to 2023
Since investors are already looking forward to a harsher 2023, European semiconductor stocks have been swept up in the sell-everything-tech atmosphere, despite the industry's red-hot demand, strengthening this year's earnings.
ASML Holding NV and Infineon Technologies AG, the region's two larges... Read more
TSMC does not have plans to build chip factories in Europe
Taiwan Semiconductor Manufacturing Co (TSMC) stated on Wednesday that it has no definite intentions to build chip factories in Europe, despite the European Union's attempts to encourage Taiwanese companies to do so.
Due to the global scarcity of semiconductors affecting numerous industries, Tai... Read more
SK Group to invest $195 bln into batteries, biopharma & semiconductors through 2026
SK Group, South Korea's second-largest conglomerate behind Samsung Group, announced on Thursday that it would invest 247 trillion won ($195.24 billion) over the next five years in the semiconductor, battery, and biopharmaceutical industries.
The conglomerate, whose core units include SK Hynix, S... Read more
German manufacturer “Rheinmetall” has five years supply of chips
Germany's Rheinmetall ramped up its electronic components and semiconductors inventory and has chip supplies that can last five years or so easily.
According to Rheinische Post, chip supplies made by arms manufacturer Rheinmetall could last five or more years after spending 500M Euros (approxima... Read more