According to a report from UDN News, citing Politico, Vivek Ramaswamy, co-leader of the Department of Government Efficiency (DOGE) designated by Trump, has called the subsidies under the U.S. CHIPS Act "wasteful." While companies like TSMC, GlobalFoundries, and Intel have been granted funding fro...

After finalizing the USD 6.6 billion chips award to TSMC and USD 1.5 billion to GlobalFoundries lately, the Biden administration now reportedly mulls to reduce Intel's initial USD 8.5 billion federal CHIPS grant following delays in the company's investments and ongoing business challenges, according...

With Donald Trump's victory in the U.S. presidential election, the whole semiconductor industry, especially those Asian-based tech giants making strides in overseas expansion, are concerned about the development of the U.S. CHIPS and Science Act. According to the latest reports by Bloomberg and B...

A few weeks ago, Intel is said to be seeking assistance from the U.S. government, as CEO Pat Gelsinger reportedly turned to Commerce Secretary Gina Raimondo to emphasize the significance of U.S. chip manufacturing. Now here’s the latest development: according to a report by Bloomberg, the U.S. Hou...

SK hynix, the current High Bandwidth Memory (HBM) market leader, announced on August 6th that it has signed a non-binding preliminary memorandum of terms with the U.S. Department of Commerce to receive up to USD 450 million in proposed direct funding and access to proposed loans of USD 500 million a...