Recent #Global Chip Race news in the semiconductor industry

7 months ago

➀ The recent massive subsidies for TSMC by the US, EU, Japan, and China have sparked attention, with news of accidents and construction progress at their factories.

➁ TSMC's European factory in Dresden, Germany, has started construction, with an investment of over 10 billion euros, aiming to produce automotive semiconductors by 2027.

➂ The US is providing TSMC with up to $66 billion in subsidies for its Arizona factory, aiming to boost the US share in advanced chip production to 20% by 2030.

➃ Japan is offering up to 1.2 trillion yen in subsidies for TSMC's factories in Kumamoto, with the first factory expected to start production by the end of 2024.

➄ TSMC's Nanjing factory in China has been granted 'verified end-user' authorization by the US Commerce Department, allowing unrestricted supply of semiconductor equipment.

➅ The article discusses the strategic implications of these subsidies for the global semiconductor industry.

Global Chip RaceTSMC
9 months ago
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.
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