Shares of critical chip firm ASML drop 5% as sales miss expectations with 22% fall
ASML on Wednesday said first quarter profit beat expectations while sales missed forecasts, with the compant sticking to its full-year outlook.
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
The Biden administration has agreed to provide up to $6.4 billion in direct funding for Samsung Electronics to develop computer chip manufacturing in Texas.
U.S. offers TSMC up to $6.6 billion for Arizona factories as Biden pushes for chip security
TSMC is set to receive up to $6.6 billion in CHIPS Act funding to support its investment into three manufacturing sites in Arizona.
No surprise.
China bans Intel and AMD. The US government showing their wisdom again.
Do they think China will just accept sanctions without retaliating?
Intel awarded up to $8.5 billion in CHIPS Act grants, with billions more in loans available
The White House said on Wednesday that Intel has been awarded up to $8.5 billion as part of the CHIPS
AMD reportedly hits U.S. regulatory roadblock for China-tailored chip
Bloomberg reported the Commerce Department did not clear the chip for sale in China because it was still too advanced.
