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The Latest Breaking News from Semiconductor

50% financial assistance to firms setting up semiconductor-manufacturing unit in India: Prime Minister Modi

Technology firms will be given 50% financial assistance for setting up semiconductor-manufacturing facilities in the country, Prime Minister Narendra Modi said on Friday, July 28, 2023. Speaking after inaugurating Semicon India 2023 conference, Mr. Modi announced that his government had rolled out the red carpet for semiconductor industries.

The Hindu

India and Japan look to collaborate in building semiconductors and resilient supply chains

India and Japan are exploring collaboration in critical and emerging technologies, including semiconductors and resilient supply chains, as part of a target of $35.9 billion Japanese investment in the country by 2027

The Independent UK

Intel Posts Q2 Revenue Of $21.9 Billion, Down 15% YoY But Beats Estimates

Semiconductor firm continues to execute its strategy and has seen momentum “across process and product technology and foundry.”

Zenger

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European Union approves €43 billion Chips Act to boost semiconductor production

The European Union has passed the €43 billion Chips Act. It is designed to enhance the production of semiconductors in the region.

Windows Central

Is Taiwan Semiconductor Manufacturing (TSM) a Buy, Sell or Hold Before August?

Taiwan Semiconductor Manufacturing (TSM) is witnessing a revenue slump amid a chip market downturn. As the company’s top line is expected to remain under pressure in the near term, should you buy, sell or hold this chipmaking giant? Keep reading.

StockNews.com

European Union Council approves €43 billion Chips Act

It aims to reduce reliance on foreign made semiconductors.

PC Gamer

Is It Time to Sell Semiconductor Stocks?

Many semiconductor stocks are up big in 2023. Should investors take profits or hold tight?

Barchart

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GlobalFoundries: European Chip Subsidies May Damage Ability to Compete

GlobalFoundries, a specialist semiconductor foundry company, has come forward with warnings about how Europe's planned chip subsidies might impact the highly-competitive semiconductor manufacturing landscape.

Tom’s Hardware

Senators look to undo jurisdictional snag on Taiwan tax bill - Roll Call

Lawmakers want to strengthen the economic partnership with Taiwan and bolster the U.S. microchip industry.

Roll Call

European Council Greenlights Chips Act: $47 Billion for Semiconductor Industry

EU seeks to double global chip production market share to 20% by 2030 with $47 billion subsidies to manufacturers.

Tom’s Hardware

Taiwanese Company Demands U.S. Taxpayers Cover the Higher Costs of Making Semiconductors in Arizona

Taiwan Semiconductor Manufacturing Company cites regulatory costs and a lack of skilled workers as specific impediments. Biden and Congress can fix those without giving out billions of taxpayer dollars.

Reason

U.S. Chip Industry Labor Shortfall Could Reach 67,000 Workers by 2030

The US semiconductor industry's labor shortfall is set to ramp up over the next few years, with a talent gap of 67,000 workers by 2030, says SIA.

Tom’s Hardware

3 Chip Stocks to Watch With Incredible Momentum Behind Them

As the world becomes increasingly digitized, advanced chips and processors become even more vital, driving constant progress and innovation. Therefore, three stocks portraying incredible momentum, Intel Corp (INTC), STMicroelectronics (STM), and United Microelectronics Corp (UMC), could be worth adding to your watchlist. Learn more….

StockNews.com

Europe's strategy to boost its computer chip industry and compete with Asia gets final approval

European Union member states have given final approval for the bloc’s master plan to expand semiconductor production

The Independent UK

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Roll Call

Officials juggle several US goals as they award CHIPS money - Roll Call

The Commerce Department has assembled a team to allocate the money Congress provided last year to revitalize the US chip industry.

Tom’s Hardware

Homegrown Japanese 2nm Chips to Cost 10x More Than Japan's Mainstream Chips: Rapidus

Japan's Rapidus estimates that leading-edge chips will cost 10 times more than today's mainstream chips made in Japan.

Barchart

Can ASML Holding NV Maintain its Dominant Position?

After rallying to a 1-1/2 year high earlier this month, shares of ASML Holding NV (ASML ), Europe’s most valuable technology company, have come under pressure on signs that the slump in demand for global electronics is persisting. Demand concerns intensified after Taiwan Semiconductor Manufacturing Co (TSM ), the main...

StockNews.com

Which Tech Stock Is Gaining the Most Attention: Advanced Micro Devices (AMD) or Nikon (NINOY)?

As the tech industry’s long-term forecast looks promising, let’s focus on a comparative analysis of Advanced Micro Devices (AMD) and Nikon Corporation (NINOY) to identify which of these is the better investment now. Read on….

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The Independent UK

China urges Japan not to disrupt chip industry after technology curbs take effect

China’s government has appealed to Japan not to disrupt the semiconductor industry after Japanese curbs on exports of chip-making technology took effect, adding to technology restrictions Washington and its allies on security grounds have imposed on Beijing on security grounds

The Hindu

PM Modi to visit Gujarat on July 27-28, inaugurate Hirasar airport in Rajkot

Prime Minister Narendra Modi will dedicate the Hirasar greenfield airport to the nation on July 27 before addressing a public rally in Rajkot city, Collector Prabhav Joshi said.

Tom’s Hardware

New Memory Research Teases 100x Density Jump, Merged Compute and Memory

A team of researchers with Cambridge University created what they're describing as synaptic devices - a material that can both work as a storage and memory medium while promising a significant jump in maximum storage density.

The Hindu

Semiconductor tech: What exactly is India going to manufacture?

Legacy semiconductor nodes are still in demand for certain applications, and India is wise to focus on them as it plans to begin its fabrication journey with nodes of 28 nm and higher.

Barchart

Stocks Move Higher Before the Open as Focus Shifts to Fed Meeting Next Week

September S&P 500 futures (ESU23) are up +0.25%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.36% this morning after three major U.S. benchmark indices closed mixed on Thursday as market participants digested a mixed slate of corporate earnings and parsed through economic data that underscored the continued strength…

Tribune News Service

Proposed PFAS rule would cost companies estimated $1B; Lacks limits and cleanup requirement

A proposed federal rule calls for forcing companies to disclose whether their products contain toxic “forever” chemicals, the government’s first attempt at cataloging the pervasiveness of PFAS across the United States.

StockNews.com

Intel Corporation (INTC) vs. Photronics (PLAB): Buy, Sell or Hold?

The semiconductor industry is expected to thrive in the coming years, owing to technological advancements and strategic government investments. So, let’s examine semiconductor stocks Intel Corporation (INTC) and Photronics (PLAB) to determine which could generate better returns. Read more….

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