All posts tagged: CHIPS Act

TSMC’s 0B Investment in US Data Centers Sets Foreign Investment Record

TSMC’s $100B Investment in US Data Centers Sets Foreign Investment Record

Published by Webster

Image: Wikimedia Commons/TrickHunter Taiwan Semiconductor Manufacturing Company has pledged to spend an additional $100 billion building data centres in the U.S., bringing total spend up to $160 billion. The investment will go into building three new fabrication plants in Phoenix, Arizona, as well as two packaging facilities and a research center. TSMC has dubbed it the “largest single foreign direct investment in U.S. history,” and says the build itself will create 40,000 construction jobs at the Fab 21 complex over the next four years. Once up and running, tens of thousands of new “high-paying, high-tech” jobs in chip manufacturing and research will be added while generating over $200 billion in indirect economic output nationwide. TSMC’s history in the U.S. started in 2020, when it committed $12 billion to build its first Arizona factory. It raised this figure to $40 billion in 2022 with the announcement of a second fab, and then $65 billion last April with a third. The long-term benefits may not be felt for a while, though, as the second factory’s opening date …

Qualcomm asked chip rival Intel if it would consider a sale | Technology News

Published by Parlour News

Chipmaker Qualcomm has approached its rival Intel in recent days about the possibility of acquiring the slumping Silicon Valley giant, two people familiar with the matter said Friday, requesting anonymity because the talks were confidential. Qualcomm has not yet made an official offer for Intel, one of the people said, and the obstacles to a deal remain steep. Any deal would likely draw significant regulatory scrutiny, given the mammoth size and national security importance of both chip companies. It is unclear whether regulators would allow Qualcomm to buy Intel without taking on its struggling foundry business, and it remains equally unclear whether Qualcomm would want to take on that complex endeavor. A deal would also be costly. Intel, which has seen its shares fall nearly 40% over the last year, has a market capitalization of $93 billion. Qualcomm, which has seen its shares rise 55%, has a market value of $169 billion. Qualcomm and Intel, through spokespeople, both declined to comment. The Wall Street Journal earlier reported Qualcomm’s approach. That any chipmaking rival would consider …

India now part of US global chip alliance, to boost semiconductor ecosystem | Latest News India

Published by Parlour News

The US Department of State has partnered with India’s Semiconductor Mission, under the ministry of electronics and IT, to explore opportunities for expanding and diversifying the global semiconductor ecosystem, ANI reported. US and India join forces to strengthen global semiconductor supply chain(HT_PRINT) ‘This collaboration, supported by the CHIPS Act’s International Technology Security and Innovation (ITSI) Fund, aims to build a more secure and resilient global semiconductor supply chain. ALSO READ- Proposal to set up unit in India: Centre seeks more details from Israeli firm Tower Semiconductor Kurt Campbell, US deputy secetary of state, said that both nations are more aligned than ever, working together in sectors such as semiconductors, space, and artificial intelligence. Campbell added that the INDUS-X initiative will be a cornerstone of the US-India Critical and Emerging Technology (ICET) partnership, which accelerates cooperation in cutting-edge technologies. “Expanding our partnership with India is one of the most strategically important efforts we have taken in the Biden-Harris administration… As we said during Prime Minister Modi’s official state visit last year, from the stars to the …