The $6.1 billion for Micron, to shore up the domestic supply of semiconductors, comes after a key union endorsement and passage of an aid bill central to the president’s foreign policy agenda.
Category: Computer Chips
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U.S. Awards Samsung $6.4 Billion to Bolster Semiconductor Production
The federal grants will support Samsung’s new chip manufacturing hub in Taylor, Texas, along with the expansion of an existing site in Austin.
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How Japan Is Trying to Rebuild Its Chip Industry
Taiwan’s semiconductor giant, TSMC, is quickly remaking a farm town in Japan into Asia’s next hub of chip manufacturing with enormous government support.
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TSMC Will Receive $6.6 Billion to Bolster U.S. Chip Manufacturing
Taiwan Semiconductor Manufacturing Company plans to build an additional factory and upgrade another planned facility in Phoenix with the federal grants.
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Intel to Receive $8.5 Billion in Grants to Build Chip Plants
The award, to be announced by President Biden at a plant in Arizona, is the biggest the government has made under a new program that aims to rebuild the nation’s semiconductor manufacturing industry.
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Investors Shrug off Nvidia’s ‘A.I. Woodstock’
The chipmaker unveiled a new high-speed processor at its developer conference to power an “industrial revolution,” but its sky-high valuation is coming under scrutiny.
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The Activist Investor Dan Loeb Enters The Chip Wars
The hedge fund mogul has been bankrolling a European patent fight against Intel, Dell, Amazon and other tech giants.
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Chip Makers Searching for ‘China Plus 1’ Are Finding Malaysia
A flood of American and European companies are expanding there and around Southeast Asia, a sign of how geopolitics is reshaping tech manufacturing.
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Chipmakers Seek More Than $70 Billion in Federal Subsidies
Gina Raimondo, the commerce secretary, said new investments would put the U.S. on track to produce roughly 20% of the world’s most advanced logic chips by the end of the decade.
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Nvidia Is a Must-Buy. Or Is It?
The chipmaker’s high “price to sales” ratio reflects investor enthusiasm around its growth prospects. But relying on that metric created trouble during the dot-com boom.
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Nvidia Earnings Show Soaring Profit and Revenue Amid AI Boom
The A.I. chip maker’s revenue more than tripled, and profits rose ninefold. It also projected that its revenue would more than triple again.