Taiwanese Chip-Making Giant TSMC Gets Billions In US Grants, Loans For Third Arizona Chip Factory Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chip maker, plans to build a third chip factory in Arizona after receiving $6.6 billion in grants and $5 billion in loans through US government subsidies. This is part of a massive effort led by the Biden administration to make America's semiconductor manufacturing industry great again. "Today, we...
A US sanctions agency reportedly has investigated domestic and foreign companies for shipping chips used for military applications to Russia.
Oil and gas producer Diamondback Energy Inc has signed a letter of intent on a long-term power purchase agreement to use Oklo's Aurora 'powerhouses' for its operations in the Permian Basin. Oklo has also signed a deal to provide up to 500 MWe of power to Equinix to serve its data centres in the USA.
US-made chips will be more expensive than those made in Taiwan, and customers will have to pay extra for them.
The United States is reimposing sanctions on Venezuela's vital oil sector
Chinese officials reportedly told operators to remove foreign chips from their networks by 2027, in an apparent blow to Intel and AMD.
Big Tech firms are racing to develop custom chips that supercharge the efficiency and cut costs of artificial intelligence (AI). Meta has launched its latest generation of custom computer chips to enhance its AI capabilities and minimize dependency on external suppliers like Nvidia. This announcement follows Intel’s reveal of an improved AI “accelerator” and comes as competitors […]
The head of the U.S. Indo-Pacific Command said on Tuesday that he was “very, very concerned” about China’s aggression toward Philippine forces near disputed islands in the South China Sea. The Chinese coast guard has repeatedly clashed with Philippine patrol vessels near the Philippines-occupied Second Thomas Shoal. Last month, several Filipino seamen were injured when […]
The US Department of Commerce revealed plans to award Taiwan Semiconductor Manufacturing Co $6.6 billion in direct funding and up to $5 billion in government loans to build a third chip production facility in the state of Arizona.
The US said the funding would help Samsung invest more than $40bn into multiple semiconductor projects in Texas. : Samsung scores up to $6.4bn to build US chip plants
The US Department of Commerce unveiled plans to award Samsung up to $4.6 billion to expand its semiconductor manufacturing capabilities as part of an ongoing effort to reduce reliance on foreign-made chips.
Over 1,300 Layoffs Hit Logistics Companies Across US By Noi Mahoney of FreightWaves Layoffs continue across the freight and logistics industry, with companies in Florida, Georgia, Illinois, Michigan and Texas announcing job reductions and facility closures over the past two weeks. Universal Logistics Warren, Michigian-based Universal Logistics is permanently shuttering two of its subsidiaries and laying off a total of 677 employees, according to notices recently filed with the...