The British microchip industry is set to receive a significant boost as the UK government plans to inject one billion pounds into the sector. The announcement, made by Chancellor Rishi Sunak, aims to reduce the country’s dependence on semiconductors from China and position the UK as a technological superpower. This move comes amid concerns over…
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The Chinese government has reportedly provided substantial subsidies, totaling CNY12.1 billion (US$1.75 billion), to approximately 190 listed semiconductor companies within its territory. This move is part of China’s broader strategy to enhance its technological independence and reduce reliance on the Western world amidst geopolitical tensions. China has been actively investing in sectors critical to its…
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The semiconductor industry has been heavily impacted by the COVID-19 pandemic, with supply chain disruptions, factory shutdowns, and increased demand for certain types of semiconductors. As the world starts to recover from the pandemic, semiconductor manufacturers face a unique set of challenges and opportunities.Ā One of the key challenges facing semiconductor manufacturers in the post-pandemic…
Read articleRapid Silicon, a company that specializes in AI and intelligent edge-focused FPGAs based on open-source technology, has announced the imminent launch of RapidGPT, a groundbreaking AI-based tool for advanced conversational features and code autocompletion capabilities dedicated to FPGAs. This tool is set to be the industry’s first of its kind. RapidGPT has been designed to…
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On April 10th, 2023, Taiwan Semiconductor (NYSE:TSM) announced that it was collaborating with the Biden Administration to receive guidance on its application for funding under the U.S. CHIPS Act. The company stated that it was communicating with the U.S. government regarding the relevant subsidy legislation. Additionally, Taiwan’s Economy Minister Wang Mei-hua revealed that the country’s…
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Semiconductor technology is crucial in powering the modern world, enabling essential functions such as communications, transportation, manufacturing, defense, and more. However, the United States’ share of microchip production had drastically declined from 37% to 12% in the last 30 years, highlighted during the COVID-19 pandemic when supply chain disruptions from East Asia exposed significant economic…
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Great news for the U.S. semiconductor industry! On Tuesday, March 21, 2023, the IRS and Treasury Department proposed new rules to provide tax incentives for producing semiconductors and semiconductor manufacturing equipment within the country. This move is part of the Creating Helpful Incentives to Produce Semiconductors Act of 2022, or the CHIPS Act, which has…
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The Netherlands has taken a significant step in limiting China’s access to high-performance semiconductors by announcing plans to restrict the export of key chip-making tools. This move is part of the US’s ongoing effort to curb China’s ability to develop advanced military technologies such as hypersonic missiles. The Financial Times reports that the deal, which…
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President Joe Bidenās $39B semiconductor project has now started On February 28, 2023 the Biden administration launched a massive effort to outcompete China in semiconductor manufacturing, offering $39 billion in funding incentives for companies seeking to build manufacturing plants in the United States. Commerce Secretary Gina Raimondo stated, “When we have finished implementing CHIPS for America,…
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Japan and the Netherlands recently joined forces with the United States in putting a ban on the use of technology produced by Semiconductor Manufacturing International Corporation (SMIC), a Chinese satellite company, in products manufactured in their countries. This move came after growing suspicions about SMIC’s relationship with China’s armed forces and information services. The ban…
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