Image: Gage Skidmore U.S. President Donald Trump has called on Congress to “get rid of” the 2022 CHIPS and Science Act, arguing the semiconductor funding law funnels billions to foreign companies without meaningful returns for the U.S. Speaking during a joint address to Congress on March 4, Trump criticized the act’s $39 billion in semiconductor … Read more
Rumors are swirling about a possible takeover of Intel. Nothing has been inked, but Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) both are in the early stages of proposing potential deals, according to The Wall Street Journal. Broadcom could potentially seek a deal for Intel’s chip design assets, while TSMC eyes its manufacturing capabilities. More … Read more
While the world has largely recovered from the chip shortage of 2020 to 2023, only 26% of organisations that rely on them currently feel that their supply is sufficient, according to a new report by the Capgemini Research Institute. The report revealed that the AI boom has executives worried about whether fabs can keep up. … Read more
Seoul: South Korea’s Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to $6.6 billion, but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers. The world’s largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) “largely due to one-off costs”. … Read more
Gold has done well as a core allocation for Indians who love the yellow metal but it’s time now to also add silver with the convenience of a Silver ETF. In 2024 and looking ahead, silver can play a risk-reducing, return-enhancing role in investment portfolios, deserving a portfolio allocation. The Federal Reserve’s July 31 meeting … Read more
US officials have slowed the issuing of licenses to chipmakers such as Nvidia Corp. and Advanced Micro Devices Inc. for large-scale AI accelerator shipments to the Middle East, according to people familiar with the matter, while officials conduct a national security review of AI development in the region. It’s unclear how long the review will … Read more
Tokyo: SoftBank Group’s stock rose as founder Masayoshi Son considers the creation of a $100 billion chip venture that would supply AI-enabling semiconductors. Shares in the Tokyo-based tech investor gained as much as 3.2% after Bloomberg News reported the 66-year-old billionaire is seeking funding for a foray into AI chips to compete with Nvidia Corp. … Read more
We respect your privacy, by clicking “Download Your Copy” you agree to having your details passed onto the sponsor who may promote similar products and services related to your area of interest subject to their privacy policy. You have the right to object. In addition, you will receive our e-newsletter, including information on related online … Read more
The US Department of Commerce’s National Institute of Standards and Technology (NIST) has signed a cooperative research and development agreement with Google to develop chips for researchers. The chips that researchers use in the development of new nanotechnology and semiconductor device will be manufactured by SkyWater Technology. The Alphabet-owned company will pay for the initial … Read more
The US Department of Commerce on Tuesday announced the release of its implementation stategy for the $50 billion (roughly Rs. 3,99,000 crore) CHIPS (Creating Helpful Incentives to Produce Semiconductors) Act signed into law by US President Joe Biden last month. The bipartisan bill is designed to subsidise the cost of manufacturing chips in the US, as the … Read more