Intel Receives Up to $8.5 Billion in CHIPS Act Grants, Plus Billions in Available Loans
Intel has received funding of up to $8.5 billion from the CHIPS Act as part of the Biden administration’s push to strengthen semiconductor production in the United States. The funding supplements an $11 billion loan from the CHIPS and Science Act, which was approved in 2022. President Joe Biden announced these grants in Arizona, emphasizing…
Read articleIntel’s Ambitious Expansion in Oregon
Intel has announced plans to enhance its semiconductor technology facilities at the Gordon Moore Park campus in Hillsboro, Oregon. This move is a significant step towards regaining process technology leadership by 2050, aligning with Intel CEO Pat Gelsinger’s vision for IDM 2.0. Under Gelsinger’s leadership, Intel aims to launch five advanced nodes within four years,…
Read articleCockrell School of Engineering Teams Join NSF FuSe Program to Shape the Future
The University of Texas at Austin Cockrell School of Engineering. (Image source: The University of Texas) Two teams from the Cockrell School of Engineering at the University of Texas are making significant strides in semiconductor research thanks to their participation in the National Science Foundation (NSF) Future of Semiconductors (FuSe) program. This collaborative initiative, funded…
Read articleCHIPS Act Expansion Empansion Empowering Smaller Businesses
The CHIPS Act has made a significant move to support the semiconductor industry in the United States. Now, projects with a capital investment below $300 million can also benefit from this program. This expansion opens doors for smaller businesses, emphasizing the construction, expansion, or modernization of commercial facilities involved in semiconductor materials and manufacturing equipment.…
Read articleUT Austin’s Quantum Leap in Semiconductor Innovation
In the heart of Texas, a revolution is underway, and its epicenter lies within the hallowed halls of The University of Texas at Austin. This renowned institution has emerged as a powerhouse in the national semiconductor landscape, igniting groundbreaking research and attracting investments from industry titans. Semiconductor Day: A Glimpse into the Future On the…
Read articleTSMC’s €10 Billion Plant Marks a Milestone for Europe
In a significant development for the European Union and the global semiconductor industry, the Taiwan Semiconductor Manufacturing Company (TSMC) unveiled plans to establish a state-of-the-art microchip manufacturing facility in Germany. This strategic move, which involves an investment of €10 billion (approximately US$11 billion), has the potential to revolutionize the EU’s efforts to build a cutting-edge…
Read articleTSMC Collaborates with Biden Administration on CHIPS Act Funding Guidance
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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