Tag: semiconductor
Taiwan’s semiconductor industry set to suffer after US/China trade disputes
Cadence Systems, NXP Semiconductors, ON Semiconductor among top semi picks: Wells Fargo
Global monthly semiconductor sales drop as chip market takes another hit
Worldwide semiconductor sales are down 0.5% in September, on a month-to-month basis, according to statistics released by the Semiconductor Industry Association, and down 3% compared to September 2021, as demand continues to soften in the face of multiple macroeconomic difficulties.
According to the SIA’s report, September chip buying in the Americas region rose by 11.5% compared to the same month in 2021, to a total of just over $12 billion, and upticks to $4.53 billion and $4.05 billion, respectively were seen in Europe and Japan. Those gains, however, were more than offset by the mainland Chinese market falling by 14.4% to $14.43 billion in the same time frame, along with a 7.7% decline to $11.97 billion in all other markets.
Lattice Semiconductor Q3 2022 Earnings Preview
US-China semiconductor battle: Second and third order consequences
Intel holds groundbreaking ceremony for new Ohio-based semiconductor complex
![Intel holds groundbreaking ceremony for new Ohio-based semiconductor complex](https://static.techspot.com/images2/news/ts3_thumbs/2022/09/2022-09-10-ts3_thumbs-bda.jpg)
Officials postponed the original groundbreaking scheduled for July due to funding delays related to the CHIPS and Science Act. The event marks a formal milestone in Intel’s fabrication roadmap and is a significant step toward the company’s ability to compete with existing semiconductor manufacturers worldwide. Passed in August, the CHIPS…
President Joe Biden speaks after groundbreaking for Intel’s $20 billion semiconductor plant
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President Joe Biden traveled to Ohio on Friday to celebrate the groundbreaking of Intel’s new $20 billion semiconductor plant, one of the first domestic chip-making facilities to come out of the recently passed CHIPS and Science Act.
Intel’s Friday groundbreaking ceremony kicked off construction of what the company has called the “largest silicon manufacturing location on the planet.” It’s part of Intel’s plans to invest $100 billion in Ohio over the next 10 years. The company has said that the project could take more than 7,000 workers to build the facility that is expected to house two separate factories and, once finished, employ 3,000 workers.
Where to invest as the semiconductor industry enters a new era
Uncertainties related to macroeconomic challenges and disruptions have set new trends in the business world, forcing enterprises to revisit their strategies and adapt to the changing dynamics. While the corporate […]
The post Where to invest as the semiconductor industry enters a new era first appeared on AlphaStreet.
President Biden signs CHIPS Act to boost semiconductor production
Following successful votes in the Senate and House of Representatives, President Joe Biden has signed the CHIPS and Science Act into law. The $280 billion measure will provide significant financial assistance to American semiconductor firms. It sets aside $52 billion in tax credits and funding for US chipmakers to expand domestic production. In a rare episode of bipartisan unity, the Senate voted 64-33 in favor of the bill. It was later passed by the House thanks to a 243-187 vote.
“America invented the semiconductor, but over the years we let manufacturing of semiconductors move overseas. As we saw during the pandemic, when the factories that make these chips shut down, the global economy came to a screeching halt, driving up costs for families” Biden said ahead of the ceremony. “A third of the core inflation last year was due to the high price of automobiles, which was driven by the shortage of semiconductors. For the sake of our economy, jobs and national security, we have to make these semiconductors in America again.”
The CHIPS and Science Act is unlikely to affect domestic production immediately. It takes years to build new foundries and upgrade existing ones to increase output. When Intel recently broke ground on two new $20 billion facilities in Arizona, the company said it would take about three years to complete construction on those plants.
The signing comes shortly after House Speaker Nancy Pelosi took a trip to Taiwan, despite warnings from China that there would be “resolute and strong measures” if she went ahead with visit. Before her arrival on the island, Taiwan’s presidential website went down to an apparent cyberattack. The self-governing island is home to Taiwan Semiconductor Manufacturing Company, the most important chip foundry in the world. On its own, TSMC supplies the majority of all semiconductor parts used by US companies.