GlobalFoundries Secures $35M Federal Funding to Revolutionize 5G and 6G with GaN Chips

GlobalFoundries has received $35 million in federal funding from the U.S. government. This funding will accelerate the production of GFā€™s gallium nitride (GaN) on silicon semiconductors in Vermont, taking us one step closer to large-scale production of GaN chips. GaN chips have the potential to transform 5G and 6G communications in various industries, including infrastructure,…

Europe’s Strategic Approach to Semiconductor Independence

Unprecedented growth in the global semiconductor industry is revolutionizing multiple sectors worldwide. However, a select group of suppliers has created complexity in the supply chain, exacerbated by geopolitical uncertainties. To safeguard technological sovereignty, the European Commission is taking decisive action, including substantial economic support, to tackle potential shortages of next-generation microchips. The EU Chips Act…

CHIPS 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.…

Revolutionizing India’s Semiconductor Landscape with Micron’s Groundbreaking Plant

Micron Technology, Inc. is set to break ground on their new $2.75 billion semiconductor plant in Gujarat, making a significant milestone for Indiaā€™s semiconductor industry. The project is receiving major financial support from government subsidies. With 70% of the total cost covered by the Union and State governments. This support is crucial for the industryā€™s…

TSMCā€™s ā‚¬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 ā‚¬10 billion (approximately US$11 billion), has the potential to revolutionize the EU’s efforts to build a cutting-edge…