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chips act

China’s $47B semiconductor fund puts chip sovereignty front and center

by Edgar Davis
China’s B semiconductor fund puts chip sovereignty front and center

China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and for manufacturing wafers — prioritizing what is …

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‘Neutral’ Malaysia is best bet for chipmakers seeking haven from US-China tech war, Anwar says

by Walter Watson
‘Neutral’ Malaysia is best bet for chipmakers seeking haven from US-China tech war, Anwar says

“I offer our nation as the most neutral and non-aligned location for semiconductor production, to help build a more secure and resilient global semiconductor supply chain,” Anwar said in his …

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European research labs to receive US$2.72 billion funding from EU’s Chips Act

by Walter Watson
European research labs to receive US.72 billion funding from EU’s Chips Act

Leading European research labs will receive 2.5 billion euros (US$2.72 billion) in funding under the European Chips Act to set up a pilot line that will develop and test future …

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White House proposes up to $120 million to help fund Polar Semiconductor’s chip facility expansion

by Edgar Davis
White House proposes up to 0 million to help fund Polar Semiconductor’s chip facility expansion

The Biden administration announced Monday that Polar Semiconductor will receive up to $120 million in federal funds to expand its chip manufacturing facility in Minnesota. The funding stems from the …

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Biden administration plans $285M in CHIPS Act funding for digital twins

by Edgar Davis
Biden administration plans 5M in CHIPS Act funding for digital twins

President Joe Biden’s administration is looking to fund efforts that improve semiconductor manufacturing by using digital twins. Digital twins are virtual models used to test and optimize physical objects and …

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Opinion | World doesn’t need industrial policy like Biden’s, not that the US cares

by Anas Siddiqui
Opinion | World doesn’t need industrial policy like Biden’s, not that the US cares

Industrial policy – in the least flattering sense of that term – is back in fashion and even though it is usually associated with state-controlled or planned economies, it is …

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CHIPS Act Passed by US Senate to Boost Domestic Chip Manufacturing, Compete With China

by Maya Ortiz
CHIPS Act Passed by US Senate to Boost Domestic Chip Manufacturing, Compete With China

The US Senate on Wednesday passed sweeping legislation to subsidise the domestic semiconductor industry, hoping to boost companies as they compete with China and alleviate a persistent shortage that has …

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US President Joe Biden Signs Landmark CHIPS Bill to Boost Semiconductor Manufacturing, Competition With China

by Maya Ortiz
US President Joe Biden Signs Landmark CHIPS Bill to Boost Semiconductor Manufacturing, Competition With China

US President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion (roughly Rs. 4,19,400 crore) in subsidies for US semiconductor production and research and to boost efforts to make the …

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China Claims US CHIPS And Science Act Will Disrupt International Trade, Distort Global Semiconductor Supply Chains

by Maya Ortiz
China Claims US CHIPS And Science Act Will Disrupt International Trade, Distort Global Semiconductor Supply Chains

China on Wednesday criticized a US law to encourage processor chip production in the United States and reduce reliance on Asian suppliers as a threat to trade and an attack on …

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US President Joe Biden Signs Order for Implementation of CHIPS Act, Forms Council for Policy Development

by Maya Ortiz
CHIPS Act Passed by US Senate to Boost Domestic Chip Manufacturing, Compete With China

US President Joe Biden signed an order to implement the 2022 CHIPS Act on Thursday. The executive order will ensure subsidy for manufacturing semiconductor chips in the US. The US …

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