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Chips Act
US legislators have passed the Chips Act in a bid to revive IC manufacturing in the country. Responses have been mixed from the semiconductor industry.
IN THE NEWS
Friday 21 April 2023
TSMC cuts revenue outlook for 2023
TSMC has revised its revenue outlook for this year to a low- to mid-single-digit percentage decrease from the previously projected small gain.
Monday 17 April 2023
IRA and CHIPS Act bringing manufacturing back to the US
Since the onset of the US-China trade war, Washington has launched a series of initiatives to bring manufacturing back to India, especially the strategically significant semiconductors...
Monday 10 April 2023
Persuaded by South Korea's "China Benefits" theory, US relaxes "guardrail" restrictions; long-term concerns remain for Samsung, SK Hynix
Recently, the US Department of Commerce (DOC) released a Notice of Proposed Rulemaking for the guardrails included in the Chips and Science Act (CHIPS Act). Analysis pointed out that...
Thursday 30 March 2023
SK Hynix calls CHIPS Act 'too demanding,' with decision 'still under consideration'
SK Hynix, the second-largest DRAM producer and one of the major NAND manufacturers, is evaluating the incentives extended by the US federal government and is looking to buy more time...
Wednesday 29 March 2023
Taiwan 'Chips Act' to benefit only a few companies
The Taiwan government's so-called "Chips Act" will benefit TSMC and a few other major chipmakers, as it does not cover the entire semiconductor ecosystem, according to sources at...
Tuesday 28 March 2023
ACM Research talks about new orders, growth opportunities
ACM Research, a leading developer of wafer processing technologies for semiconductor and advanced wafer-level packaging applications, has secured its first purchase order from a major...
Tuesday 28 March 2023
CHIPS Act requires applicants to provide detailed financial projections
As the CHIPS Act will soon begin receiving applications for wafer fab projects, the US government is asking applicants to provide detailed financial projections.
Monday 27 March 2023
Technology leaders not taking sides in G2 tension by visiting China
Despite an escalating technology standoff between the US and China, top executives of multinational corporations are visiting China, showing their commitment to the East Asian coun...
Monday 27 March 2023
Taiwanese, Korean chipmakers feel the heat of US capacity expansion ban against China
The US has unveiled tight restrictions on chipmakers' capacity expansions in China, increasing the risks for companies that already have sizable operations in the Asian country.
Wednesday 22 March 2023
US to restrict TSMC, Samsung's investment in China; China reportedly to fend off by picking national chip champions
The Biden administration announced guardrails for the CHIPS Act to boost domestic semiconductor manufacturing and restrict foreign entities of concern from acquiring advanced technologies...
Friday 10 March 2023
US starts accepting applications for CHIPS Act incentives
The US Department of Commerce (DOC) announced at the end of February the first funding opportunity for its incentives program for the domestic semiconductor industry. Starting from...
Wednesday 22 February 2023
Samsung, SK Hynix might not be able to produce next-gen memory in China in 3-5 years, warns expert
It would be almost impossible for Samsung Electronics and SK Hynix to produce next-generation memory chips in China in 3-5 years at the latest as a result of the US tightening semiconductor...
Wednesday 22 February 2023
Microchip to invest US$880 million to expand SiC and Si capacity in Colorado
Microchip Technology has announced plans to invest US$880 million over the next several years to increase its silicon carbide (SiC) and silicon (Si) production capacity at its Colorado...
Tuesday 14 February 2023
Democrats seek tighter limit on stock buybacks in chip funds
Democratic lawmakers, including Senators Elizabeth Warren and Bernie Sanders, urged the US Commerce Department to impose tougher rules to prevent semiconductor manufacturers from...
Tuesday 14 February 2023
Samsung, SK Hynix aggressively lobbying for waiver from US chip rules on China
Samsung Electronics and SK Hynix reportedly have been aggressively lobbying relevant units in Washington to seek a waiver from US chips curbs on China, aiming to prevent their existing...