SemiVoice

Chips Act Government SkyWater Supply Chain U.S. Department of Commerce funding technology

Biden-Harris Administration Announce Preliminary Terms with Coherent, SkyWater, and X-Fab to Advance U.S. Supply Chain Security

➀ The Biden-Harris Administration announced the signing of PMTs with Coherent, SkyWater, and X-Fab; ➁ The PMTs are part of the CHIPS and Science Act; ➂ Up to $33 million in proposed funding for Coherent, up to $16 million for SkyWater.

Intel’s Dilemma

➀ Intel's initial promises under Pat Gelsinger were ambitious but execution has been lacking; ➁ The company faces challenges with a bloated workforce, risk-averse culture, and a lagging AI strategy; ➂ Intel's investments in process technology have not yielded significant results, and the company must make hard choices about its future.

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SEMI’s EU chip proposals

➀ SEMI has published recommendations for the EU to strengthen its semiconductor ecosystem; ➁ The recommendations aim to achieve a 20% global market share by 2030; ➂ The SEMI Europe Recommendations paper emphasizes the importance of strategic investments and robust policy frameworks.

Chips Act Intel Process technology TSMC US Government funding semiconductor

Intel’s Chips Act funding may be reduced

➀ Intel's preliminary $8.5 billion Chips Act funding may be reduced due to the company's plans to withdraw investment in Ohio and unconvincing process development results. ➁ The reduction may also be affected by the Pentagon's $3 billion foundry deal with Intel. ➂ The Chips Act grant is now unlikely to exceed $7.5 billion, and Intel is also in line for $11 billion in government loans.

Arizona Chips Act TSMC investment semiconductor

TSMC bags up $11.6bn Chips Act funding

➀ TSMC secures $11.6 billion in Chips Act funding; ➁ The funding includes $6.6 billion in Chips Act money, €5 billion in liabilities, and a 25% tax credit on infrastructure capex; ➂ The investment supports TSMC's $65 billion investment in three fabs in Arizona; ➃ US President Joe Biden highlights the investment as the largest foreign direct investment in a greenfield project in US history; ➄ TSMC CEO C.C. Wei emphasizes the importance of the Chips and Science Act in strengthening the US semiconductor ecosystem.

Chips Act Intel Pat Gelsinger US Government funding semiconductor industry

Intel’s Chips Act money looking safe

➀ Intel CEO Pat Gelsinger expressed optimism that the incoming Trump administration will support the domestic semiconductor industry. ➁ Intel is due $19 billion in grants and loans under the Chips Act. ➂ Gelsinger has previously complained about a lack of funding for domestic competitiveness.

finance.yahoo

Intel CEO Calls TSMC an 'Awesome' Company, Says the Company is Still Waiting for CHIPS Act Money

➀ Intel CEO Pat Gelsinger expressed optimism about the company's future after the earnings call.

➁ Intel revealed $15.9 billion in non-cash charges related to inventory write-downs and lower performance expectations.

➂ Gelsinger emphasized the importance of the CHIPS Act and criticized the delay in receiving funding.

Chips Act Intel TSMC

Chips Act Manufacturing US semiconductor workforce development

Hemlock Semi gets $325m Chips Act funding

➀ Hemlock Semiconductor has been awarded up to $325 million under the US Chips and Science Act; ➁ The funding will support the construction of a new manufacturing facility for hyper-pure semiconductor-grade polysilicon; ➂ The project is expected to create nearly 180 manufacturing jobs and over 1,000 construction jobs.

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Wolfspeed wins $750m Chips Act award

➀ Wolfspeed has been awarded $750 million under the US Chips Act; ➁ The funding will be used to build a SiC fab in Siler City, North Carolina, and expand the one in Marcy, New York; ➂ The proposed investment would support the construction of the John Palmour Manufacturing Center for silicon carbide in Siler City.

weixin

8 months ago

The Latest Progress of the U.S. Chip Act

➀ Over $52 billion in subsidies have been distributed to companies such as Intel, TSMC, Samsung, Micron, GlobalFoundries, and others; ➁ Intel received the largest share, totaling $15.82 billion for its U.S. projects; ➂ TSMC received $6.6 billion for its Arizona factory expansion; ➃ Samsung received $6.4 billion for its Texas factory expansion and advanced technology transfer.

Chips Act semiconductor industry

Arm Chips Act Intel Qualcomm investment semiconductor

8 months ago

Intel to get Chips Act funds by year-end but must not sell units to Arm, Qualcomm

➀ Intel is set to receive $8.5 billion from the Chips Act by year-end, with the condition that it does not sell any units to Arm or Qualcomm. The two companies had shown interest in acquiring parts of Intel's product group. ➁ Intel was awarded $19.5 billion but payments were delayed due to progress on its fab-building program. ➂ Intel has committed to spending over $100 billion on new fabs in the US.

tomshardware

Chips Act Global Chip Race Intel Samsung TSMC Tax Credits Technology Industry U.S. Semiconductor Industry Workforce Reduction foundry government funding investment semiconductor

Intel’s CHIPS Act fund delayed by officials — Washington reportedly wants more information before disbursing billions of dollars

➀ Intel faces a delay in receiving the CHIPS Act funds promised by the White House in March 2024; ➁ The U.S. government requires Intel to meet certain expectations and pass due diligence checks before releasing the funds; ➂ Intel's recent struggles include a $1.6 billion loss and plans to lay off 15% of its workforce.

news.cnyes

Chips Act ESIA European Union Export Restrictions Subsidies

European Semiconductor Industry Calls for New Chip Regulations, Enhanced Subsidies, and Reduced Export Restrictions

➀ The European Semiconductor Industry Association (ESIA) has urged the EU to expedite aid and revise the 'Chips Act 2.0' to support local semiconductor industries, including appointing a special envoy for the sector. ➁ ESIA advocates for a more open trade policy in the semiconductor industry, emphasizing the global nature of the sector and the need for high openness in supply chains. ➂ The association also calls for a proactive economic security approach based on support and incentives rather than defensive measures like restrictions and protections.

Chips Act EU semiconductor

More Chip Slush Funds Please

➀ The European Semiconductor Industry Association (ESIA) is requesting a second Chips Act without accounting for the outcomes of the first one, which failed to boost EU chip production to 20% of the global market. ➁ The only proposed initiative for leading-edge chip manufacturing in Europe, Intel at Magdeburg, seems increasingly unlikely. ➂ ESIA is asking for a chip envoy, reduced export restrictions, and quicker distribution of aid, indicating a preference for continuous financial support without tangible deliverables.

Amkor Chips Act semiconductor

Amkor gets $600m Chips Act funding

➀ Amkor, a Korean OSAT specialist, has received $400 million under the US Chips Act and a loan of up to $200 million to build a $2 billion test and packaging plant in Peoria, Arizona. ➁ The US Department of Commerce highlights the importance of Amkor's 2.5D technology for AI and high-performance computing applications. ➂ The funding aims to enhance supply chain security, create jobs, and position the US as a leader in innovation and competition.

weixin

Chips Act Investment Delays semiconductor industry

Dream Unfulfilled: Nearly 40% of Major Investments Halted or Delayed!

➀ The US CHIPS Act, despite attracting over $395 billion and creating 115,000 jobs, faces significant delays in nearly 40% of its major projects. ➁ Market conditions and political uncertainties, including the upcoming US elections, are cited as primary reasons for project delays. ➂ Key companies like TSMC, Intel, and GlobalFoundries are among those facing challenges, despite receiving substantial subsidies.