1. The US government plans to grant TSMC $6.6 billion to expand semiconductor production in Arizona; 2. The funding is part of the CHIPS Act to strengthen domestic chip manufacturing; 3. The move aims to reduce reliance on Asian supply chains and address geopolitical tensions over Taiwan.
Recent #government funding news in the semiconductor industry
1. The US plans to award Samsung $6.4 billion to expand its semiconductor production in Texas; 2. The funding aims to establish a chipmaking hub with new factories and an R&D center; 3. The project is part of US efforts to strengthen domestic semiconductor supply chains and create jobs.
1. Political decisions drive market opportunities, with a focus on U.S. defense investments; 2. A U.S. missile defense project, inspired by Israel's Iron Dome, is receiving substantial funding and international interest, creating long-term growth potential; 3. Select defense companies with advanced technology and strategic positioning are poised to benefit, enhancing dividend prospects for investors.
➀ Rapidus faces funding issues as it prepares to produce its first prototype chips next month.
➁ The company requires $32 billion for 2nm chip production by 2027, but has only secured $9.6 billion.
➂ The Japanese government plans to contribute an additional $674 million this year and is facing pressure to explain how the remaining $27 billion will be raised.
➀ Infineon has received approval from the European Commission (EC) for €1 billion in funding under the European Chips Act for its Dresden fabs.
➁ The funding requires final approval from the Federal Ministry for Economic Affairs and Climate Action (BMWK).
➂ The Dresden site is also supported under the EC's IPCEI ME/CT program.
➀ Quantum computing, despite being dominated by big players, is surprisingly fragmented with numerous research initiatives in the UK;
➁ Ed plans to identify promising projects, offer support to spin them out as startups, and use his connections to boost their profile;
➂ He aims to attract investment while maintaining a low profile through his offshore trust.
Strengthening Saxony's Microelectronics Research for Chiplet Innovations within the APECS Pilot Line
➀ The Fraunhofer Society's Saxony microelectronics institutes are expanding their technological capabilities in the field of chiplet innovation and significantly contributing to the APECS Pilot Line under the European Chips Act. Saxony is investing 38 million euros in support.
➁ The total funding amounts to 730 million euros, provided by Chips Joint Undertaking, the Federal Ministry of Education and Research (BMBF), and other national funding. APECS is coordinated by the Fraunhofer Society and implemented by the Research Factory Microelectronics Germany (FMD).
➂ The APECS Pilot Line is a key component of the EU Chips Act to promote chiplet innovations and increase research and manufacturing capacities for semiconductors in Europe.
➀ The DeepSeek AI announcement, which significantly impacted stock prices;
➁ Modular electronics revolutionizing prototyping and low-volume production for limbed robots;
➂ Government funding for the Orbex Prime rocket, the first orbital rocket manufactured and launched in the UK.
➀ The UK government has announced a £20 million investment in Orbex's Prime rocket, which will be the first orbital rocket manufactured in the UK and launched from British soil.
➁ Orbex, a UK-based private company specializing in low-cost orbital launch services, is set to launch the first Prime rocket towards the end of 2025.
➂ The Prime rocket is powered by renewable bio-propane fuel, making it an ultra-green launch system and aiming to reduce carbon emissions.
➀ Rapidus' funding is being criticized by Japan's opposition party as being paid from unspent Covid relief funds; ➁ The Japanese government has a seven-year semiconductor support plan, with $8.3 billion allocated last month, some of which came from Covid relief funds; ➂ Rapidus has received $463 million from Japanese companies and government, but needs an additional $25.4 billion for mass production by 2027.
➀ The U.S. Department of Commerce finalizes $6.6 billion in funding for TSMC's Fab 21 in Arizona; ➁ TSMC plans to build chips on A16 and N2 process technologies by the end of the decade; ➂ The site will create over 6,000 manufacturing jobs and 20,000 construction jobs.
➀ The Biden-Harris Administration announced a proposed $750 million funding deal; ➁ The funding is for the construction of a new silicon carbide wafer manufacturing facility; ➂ The deal is under the CHIPS and Science Act.
➀ The UKRI has announced 16 semiconductor projects receiving £11.5 million in government funding; ➁ The projects aim to scale up semiconductor manufacturing, improve supply chain resilience, and encourage collaboration between academia and industry; ➂ The funded projects cover a range of areas, including epitaxy, quantum dot sensors, photovoltaic components, and power devices.
➀ Telesat has completed government funding for its Lightspeed LEO broadband satellite constellation. The investment is a significant step towards the deployment of the network, which aims to provide high-speed internet globally. ➁ The funding includes loans from the Canadian and Quebec governments, with the Canadian loan amounting to CAD 2.14 billion. ➂ Telesat plans to launch the first of its Lightspeed satellites in mid-2026, competing with services like SpaceX's Starlink.
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.
1. Russian chip entrepreneurs are discouraged by mistrust of government funding and reluctance of foreign investors; 2. The Russian Electronics Corporation (REC) has not effectively invested in the sector; 3. Despite potential, there is no significant fabless chip industry in Russia due to lack of technology transfer and outside expertise.