Chip Production

U.S. Seeks to Prevent China from Benefiting from $52 Billion Chips Funding

The U.S. Commerce Department on Tuesday released proposed rules to prevent $52 billion in semiconductor manufacturing and research funding from being used by China and other countries deemed U.S. adversaries. The proposal limits recipients of U.S. funding from investing in the expansion of semiconductor manufacturing in foreign countries of concern like China and Russia and […]

TSMC's Germany Chip Plant Talks Hone in on Govt Subsidies - Sources

Taiwan chipmaker TSMC’s talks with the German state of Saxony about building a new factory are at an advanced stage and are now focused on government subsidies to support the investment, two people familiar with the matter said. TSMC, the world’s largest contract chipmaker and Asia’s most valuable listed company, flagged in 2021 that it […]

Nvidia Results Show Its Growing Lead in AI Chip Race

As the artificial intelligence boom takes off, Nvidia Corp is expected to emerge as the biggest – though not the only – winner in the AI chip race among chipmakers after years of focusing on the technology has made it a go-to supplier for tech firms. AI has emerged as a bright spot for investments […]

China Chip Industry: Down but Not Out

In a move that could set back China’s tech ambitions by as much as a decade, U.S President Joe Biden is chipping away at the China chip industry. This move aims to stifle Beijing’s tech and military ambitions. The actions are intended to stop China from receiving essential technology that may be used in a […]

Exclusive: Biden to Hit China with Broader Curbs on U.S. Chip and Tool Exports

The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends to publish new regulations based on restrictions communicated in letters earlier this year to three U.S. companies — KLA Corp, Lam […]

U.S. Commerce Aims to Seek Chips Funding Proposals by February

The U.S. Commerce Department said Tuesday it hopes by February to begin seeking applications for $39 billion in government semiconductor chips subsidies to build new facilities and expand existing U.S. production. Congress in August approved $52.7 billion for semiconductor manufacturing and research and a 25 percent investment tax credit for chip plants, estimated to be […]

Republican Rubio Slams U.S. Approval of Chip Deal with China Ties

Republican Senator Marco Rubio on Monday blasted U.S. regulatory approval of a bid by chip intellectual property company Alphawave to purchase U.S.-based OpenFive, over alleged national security risks posed by the buyer’s ties to China’s Wise Road Capital. On Friday, the Toronto and London-based Alphawave, which licenses its technology to chipmakers, said it had received […]

Biden Signs Order on $52 Billion Chips Law Implementation

President Joe Biden on Thursday signed an executive order on implementation of the $52.7 billion semiconductor chips manufacturing subsidy and research law, the White House said. Earlier this month, Biden signed the bill to boost efforts to make the United States more competitive with China’s science and technology efforts. By subsidizing U.S. chip manufacturing and […]