chips act

The European Union's EUR 43 billion (nearly Rs. 3,84,120 crore) plan to boost its semiconductor industry and catch up with the United States and Asia is likely to get the green light from EU…

The European Union is seeking to bolster semiconductor production after a global shortage over the past two years. Under the European Chips Act, the European Commissionearmarked early last…

South Korean tech giant Samsung Electronics expects to invest $230 billion (roughly Rs. 18,97,500 crore) over the next 20 years to develop what the country's government called the world's…

Micron announced on Tuesday it will invest up to $100 billion (nearly Rs. 8,14,500) to build semiconductors in New York state, capitalising on the US policies to boost domestic manufacturing…

The US Department of Commerce's National Institute of Standards and Technology (NIST) has signed a cooperative research and development agreement with Google to develop chips for…

US President Joe Biden signed an order to implement the 2022 CHIPS Act on Thursday. The executive order will ensure subsidy for manufacturing semiconductor chips in the US. The US…

China on Wednesday criticized a US law to encourage processor chip production in the United States and reduce reliance on Asian suppliers as a threat to trade and an attack on Chinese…

US President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion (roughly Rs. 4,19,400 crore) in subsidies for US semiconductor production and research and to boost efforts…

Long-awaited funding for the CHIPS Act is…

The US Senate on Wednesday passed sweeping legislation to subsidise the domestic semiconductor industry, hoping to boost companies as they compete with China and alleviate a persistent…