Tag: TSMC chips

Joe Biden set to rain subsidy windfall on Samsung, Intel, TSMC and others, for chips: Report
Technology

Joe Biden set to rain subsidy windfall on Samsung, Intel, TSMC and others, for chips: Report

[ad_1] According to a Wall Street Journal report, US President Joe Biden will soon announce subsidies top semiconductor companies like Samsung, Intel, TSMC (Taiwan Semiconductor Manufacturing Co) and others to make advanced chips in the US. The strategy is to keep the US and its allies as ahead of fierce rivals like China as is possible. The windfall is expected to be in the billions of dollars and it will be announced in coming weeks and this will be to help them build new factories in the U.S. The forthcoming announcements aim to kick-start manufacturing of advanced semiconductors that power smartphones, artificial intelligence, and weapons systems, the WSJ reported, citing industry executives familiar with the negotiations. The announcement is expected to come before President Biden'...
5 things about AI you may have missed today: AI opportunities rise in India, Meta revenue gets AI boost, and more
Technology

5 things about AI you may have missed today: AI opportunities rise in India, Meta revenue gets AI boost, and more

[ad_1] AI Roundup: Several notable developments took place in the field of artificial intelligence (AI) today, January 18. At the Microsoft forum, startup founders have shared their views on AI opportunities in India. Meanwhile, the World Economic Forum's AI Governance Alliance highlighted the need for global efforts to make access to AI equitable at Davos.All this, and more in today's AI roundup. 1. Startup founders share views on AI opportunitiesMicrosoft today hosted a forum inviting startup founders across diverse industries to share their views on the AI opportunity for startups in India, opening a dialogue on the potential of AI to accelerate innovation and growth for the sector. Sangeeta Bavi, Executive Director, Digital Natives, Microsoft India, was in conversation with Pratik D...
TSMC Starts Next-Gen Mass Production as World Fights Over Chips
Technology

TSMC Starts Next-Gen Mass Production as World Fights Over Chips

[ad_1] Taiwan Semiconductor Manufacturing Co. kicked off mass production of next-generation chips Thursday, ensuring the island remains the linchpin of a critical technology fought over by governments from Washington to Beijing. Taiwan Semiconductor Manufacturing Co. kicked off mass production of next-generation chips Thursday, ensuring the island remains the linchpin of a critical technology fought over by governments from Washington to Beijing. The primary chipmaker for Apple Inc. began bulk production of advanced 3-nanometer chips at its Tainan campus in southern Taiwan. In doing so, TSMC follows Samsung Electronics Co. in gearing up on production of a technology that's expected to control the next lineup of cutting-edge devices from iPhones to internet servers to supercomputers...
TSMC to Unveil Plans for Another US Chip Plant, WSJ Says
Technology

TSMC to Unveil Plans for Another US Chip Plant, WSJ Says

[ad_1] Taiwan Semiconductor Manufacturing Co. aims to build another chipmaking plant in Arizona on top of a $12 billion complex it’s already committed to. Taiwan Semiconductor Manufacturing Co. aims to build another chipmaking plant in Arizona on top of a $12 billion complex it's already committed to, the Wall Street Journal reported, citing people familiar with the plans. The world's largest contract chipmaker will announce its intention to establish another facility north of Phoenix, adjacent to the factory under construction, the Journal reported. The new investment should be similar to the first project's, it added. Representatives for the company didn't respond to requests for comment. The Biden administration is trying to attract investments in US chipmaking, part of effort...
Chipmaker Rout Engulfs TSMC, Samsung With $240 Billion Wiped Out
Technology

Chipmaker Rout Engulfs TSMC, Samsung With $240 Billion Wiped Out

[ad_1] Chip-related stocks in Japan, South Korea and Taiwan slumped, contributing to a wipeout of more than $240 billion. Chip-related stocks in Japan, South Korea and Taiwan slumped, contributing to a wipeout of more than $240 billion from the sector's global market value after the Biden administration imposed curbs on China's access to semiconductor technology. Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, plunged a record 8.3% on Tuesday. Samsung Electronics Co. and Tokyo Electron Ltd. also tumbled on concern US efforts to ensure international cooperation will crimp their ability to export to China. The selloff spread to currency markets. South Korea's won slumped more than 1.6% versus the greenback while the Taiwan dollar dropped 0.7% amid lo...