The funding stems from the bipartisan CHIPS Act, which aims to bolster the production of critical semiconductors in the United States.
Category: Computer Chips
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U.S. Vies With Allies and Industry to Tighten China Tech Controls
The Biden administration must navigate the interests of U.S. companies and allied governments as it tries to close off China’s access to advanced chips
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Why TSMC Has Struggled to Manufacture Chips in Arizona
The tech giant modeled its facility in Phoenix on one at home. But bringing the company’s highly complex manufacturing process to America has been a bigger challenge than it expected.
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World’s Five Leading Chipmakers Have Now Promised U.S. Investment
The announcement of CHIPS Act funding for a plant in Indiana means the United States will have attracted investment from the world’s top chipmakers.
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Nvidia Shares Tumble After Reports of a Chip Delay
The A.I. chip maker’s shares fell in early trading, but the stock pared some of its losses.
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Intel Will Cut More Than 15,000 Jobs
The Silicon Valley chip maker also reported a net loss and declining revenue in the latest quarter.
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Chip Shares Tumble, Dragging Wall Street to Its Worst Day in Weeks
The S&P 500 was on track for its worst day since April. The Nasdaq composite was down by the most since late 2022.
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Stocks on Wall Street Drop, Led by Semiconductor Shares
The S&P 500 was on track for its worst day since April. The Nasdaq composite was down by the most since late 2022.
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U.S. Creates High-Tech Global Supply Chains to Blunt Risks Tied to China
The Biden administration is trying to get foreign companies to invest in chip-making in the United States and more countries to set up factories to do final assembly and packaging.
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$504 Million
The total in federal grants to create a dozen “tech hubs” in regions beyond Silicon Valley and the coasts.