Following the footsteps of semiconductor bellwethers TSMC and Intel, U.S. head-quartered Micron becomes the first memory giant to secure the funding under the CHIPS Act. According to U.S. Department of Commerce, it has finalized a USD 6.165 billion government subsidy for Micron to support semiconduc...

The U.S. government’s efforts to boost domestic semiconductor manufacturing continue to gain momentum. According to a report from TechNews, information submitted by TSMC to the U.S. Department of Commerce reveals that the 2nm process is expected to begin production in the U.S. as early as 2028. ...

According to a report from UDN News, citing Politico, Vivek Ramaswamy, co-leader of the Department of Government Efficiency (DOGE) designated by Trump, has called the subsidies under the U.S. CHIPS Act "wasteful." While companies like TSMC, GlobalFoundries, and Intel have been granted funding fro...

After finalizing the USD 6.6 billion chips award to TSMC and USD 1.5 billion to GlobalFoundries lately, the Biden administration now reportedly mulls to reduce Intel's initial USD 8.5 billion federal CHIPS grant following delays in the company's investments and ongoing business challenges, according...

With Donald Trump's victory in the U.S. presidential election, the whole semiconductor industry, especially those Asian-based tech giants making strides in overseas expansion, are concerned about the development of the U.S. CHIPS and Science Act. According to the latest reports by Bloomberg and B...