➀ Samsung Foundry faces challenges as it delays EUV orders; ➁ The low yields of Samsung's 3nm and 2nm processes may have led to cancelled orders; ➂ Samsung's pushback on equipment deliveries may impact its leading-edge foundry capability.

➀ Powerchip Semiconductor Manufacturing Corporation (PSMC) has shifted its focus from Japan to India for a new $10.9 billion semiconductor fab project; ➁ The decision follows the dissolution of PSMC's earlier planned project in Japan; ➂ The new fab will be built in Gujarat, India.

➀ Powerchip Semiconductor, the Taiwanese foundry, has abandoned its plan to build a fab in Japan in favor of constructing one in India. The company had previously entered into a partnership with SBI Holdings to build a 40k wpm fab in Sendai, Japan, starting with 40nm technology and moving to 28nm with volume production scheduled for 2027. The partnership has now been dissolved as Powerchip seeks to provide technology for a fab to be built in India by Tata. ➁ Last week, Indian Prime Minister Narendra Modi met with Natarajan Chandrasekaran, chairman of Tata, and Powerchip chairman Frank Huang, where PSMC expressed interest in expanding its presence in India. ➂ Powerchip and Tata have agreed to collaborate on a fab in Gujarat, India, with Tata providing the funding and Powerchip providing the process technology for PMICs and display drivers.

➀ Apollo Global Management has offered to invest up to $5 billion in Intel; ➁ Apollo has already taken a $11 billion stake in Intel's Irish plant; ➂ Intel's share price has been negatively impacted by its efforts to restore leading-edge manufacturing in the US.

➀ Intel has made a strong move after poor Q3 results, repositioning its foundry unit as an independent operation. This is aimed at attracting US rivals like AMD, Nvidia, and Qualcomm. The US Department of Commerce is encouraging this shift, with half of the world's top ten fabless companies based in the US. ➁ Intel's foundry unit is seen as a viable option for US hyperscalers looking for proprietary SOCs. ➂ With Intel's promise of the world's best foundry process next year, there's potential for significant growth.

➀ Intel CEO Pat Gelsinger outlines the future direction following a board meeting; ➁ Plans to establish Intel Foundry as an independent subsidiary; ➂ Maintains current leadership team and adds independent directors for governance; ➃ Continues Smart Capital approach for financial flexibility; ➄ Adjusts manufacturing expansion plans and delays projects in Poland and Germany; ➅ Expands in Europe through Ireland and maintains commitment to U.S. manufacturing investments.

➀ Intel is establishing a foundry subsidiary and has announced a significant win with AWS, involving a multi-year, multi-billion-dollar deal for custom chip designs and wafers. ➁ Intel is receiving up to $3 billion from the US government through the CHIPS Act. ➂ Intel is planning to restructure its foundry business as a subsidiary to enhance independence and focus on capital efficiency. ➃ The company is also focusing on streamlining its product portfolio, integrating software and incubation businesses, and reducing workforce.

➀ Intel is expected to announce a $3.5 billion military foundry contract; ➁ The contract is part of the Secure Enclave program administered by the US Department of Commerce; ➂ The contract shows the US government's confidence in Intel's ability to regain cutting-edge chipmaking capability.

➀ SK Keyfoundry, a division of SK Hynix, announces the launch of its fourth-generation 180nm BCDMOS process; ➁ The new process aims to strengthen the company's technological capabilities in power-demanding applications; ➂ The expansion in specialty foundry business is a strategic move for the company.

➀ Taiwan’s foundries and OSATs reported August revenue; ➁ TSMC showed strong YoY growth at 33% with US$7.8 billion in revenue; ➂ TSMC's dominance in advanced technology for AI and smartphone applications contributed to the growth.

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.

➀ Urgent orders from customers restocking components due to the 618 shopping season in China and healthier inventory levels in consumer electronics have boosted wafer foundry utilization rates in Q2.; ➁ Global top 10 foundry revenue grew by 9.6%.; ➂ VIS climbed two spots in the rankings.

1. Intel is reportedly considering splitting or selling off its chip manufacturing business to stabilize its financial position. 2. The company recently announced 15,000 layoffs and aims to save $10 billion in costs by 2025. 3. Intel's CEO, Pat Gelsinger, emphasized the need for cost alignment and operational changes, but did not mention the potential split of the foundry business.

➀ Global foundry revenue increased by 9% quarter-over-quarter and 23% year-over-year in Q2 2024. ➁ The growth was primarily driven by robust demand for AI applications. ➂ CoWoS supply is tight, with future capacity expansions likely focusing on CoWoS-L.

➀ Samsung has formed a new HBM development team and is targeting to tape-out HBM4 by the end of the year. ➁ The HBM4 will use Samsung's 4nm foundry process for the logic die and 10nm 6th-generation (1c) DRAM for the memory chip. ➂ Samsung's HBM4 test products are expected to be released next year, with mass production slated for the end of 2025.