Chip Act


2024-07-18

[News] GlobalWafers Receives USD 400 Million Subsidy from CHIPS Act to Establish New Plant in the US

On July 17th, silicon wafer giant GlobalWafers announced that it is setting up a research and development center in Sherman, Texas, and constructing a 12-inch silicon wafer production line in St. Peters, Missouri. This move is expected to strengthen its US semiconductor supply chain. It is worth ...

2024-04-18

[News] Micron Reportedly to Receive Over USD 6 Billion in US Chip Funding

Micron, the largest memory manufacturer in the United States, is expected to receive over USD 6 billion in funding from the Department of Commerce to assist with the costs of local factory projects, as part of efforts to bring semiconductor production back to U.S. soil. According to a report fro...

2024-04-16

[News] Samsung Receives USD 6.4 Billion Subsidy from US Government, Less than Intel and TSMC

The US government announced on April 15th that it will provide up to USD 6.4 billion in subsidies to South Korean semiconductor giant Samsung Electronics for expanding advanced chip production capacity at its Texas plant. The US government previously approved subsidies of up to USD 8.5 billion fo...

2024-04-10

[News] TSMC Rumored to Appoint Higher-Level Executive to Accelerate Progress at U.S. Fab

As the U.S. Department of Commerce finalizes subsidies for Intel and TSMC, the two major semiconductor manufacturers will enter a new competitive landscape in the United States. In preparation for these new challenges and with the first fab trial production imminent, sources cited by a report fro...

2024-04-10

[News] The US Administration Rumored to Announce USD 7 Billion Grant for Samsung to Boost Chip Capacity

Following grants to Intel and TSMC, the US administration reportedly plans to announce next week a USD 6 to 7 billion subsidy to Samsung for constructing a semiconductor fab in Taylor, Texas, aimed at increasing chip production capacity. According to sources cited by Reuters, this funding initi...

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