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TCS, AMD expand AI partnership with Helios data centre push in India

The collaboration includes a blueprint for AI-ready data centres capable of scaling up to 200 megawatts of capacity

Updated On: 16 Feb 2026 | 10:47 PM IST

TN signs MoUs for ₹5900 cr investment in semiconductor, aerospace sectors

The Tamil Nadu government on Monday signed two separate Memoranda of Understanding (MoUs) with Japanese electronics major MinebeaMitsumi and Bengaluru-based Aequs Group, involving a combined investment of Rs 5,980 crore. The agreements, signed in the presence of Chief Minister M K Stalin at the Secretariat, here, are expected to generate employment for 8,400 people across the semiconductor and aerospace sectors, an official release said. NMB Minebea India Private Limited, a subsidiary of Japan's MinebeaMitsumi, has committed an investment of Rs 1,980 crore to establish a manufacturing and research and development centre in Tiruvallur district. The facility, to be located at the Mahindra Origins Industrial Park, will focus on a complete manufacturing ecosystem for high-value semiconductors, including Insulated-Gate Bipolar Transistors (IGBT) and Integrated Circuits (IC), as well as motors and sensors. This project is slated to create 1,400 jobs, with more than 40 per cent of the role

Updated On: 16 Feb 2026 | 5:49 PM IST

Rampant AI demand for memory fuels deepening supply crunch for chips

Skyrocketing memory costs mean DRAM could soon account for as much as 30 per cent of low-end smartphones' bill of materials - tripling from 10 per cent in early 2025

Updated On: 16 Feb 2026 | 9:52 AM IST

KLA Corporation signs MoU with Tamil Nadu for ₹3,600 crore R&D campus

Semiconductor major to invest up to $400 million over 10 years in Chennai innovation hub, expected to generate 4,000 jobs and boost AI-led chip research

Updated On: 13 Feb 2026 | 4:43 PM IST

Qualcomm's 2nm tape-out adds momentum to India's semiconductor mission

While Qualcomm's 2nm semiconductor fabrication will happen overseas, the design work highlights India's expanding role in advanced chip development under ISM 2.0

Updated On: 09 Feb 2026 | 3:51 PM IST

Amazon deepens ties with STMicro to secure semiconductors for data centres

Under the agreement, AWS received warrants to acquire as many as 24.8 million ordinary STMicro shares

Updated On: 09 Feb 2026 | 2:48 PM IST

India Semiconductor Mission 2.0 to boost domestic chip manufacturing

India has made steady progress in consolidating earlier investments into a full-stack value chain of its semiconductor ecosystem under ISM 1.0

Updated On: 09 Feb 2026 | 7:18 AM IST

ISM 2.0 to focus on chip design, equipment ecosystem: Vaishnaw

Next phase of India Semiconductor Mission to prioritise chip design firms, manufacturing equipment supply chain and advanced semiconductor talent

Updated On: 08 Feb 2026 | 12:09 AM IST

ISM 2.0 to prioritise chip design, ecosystem partners, talent: Vaishnaw

India Semiconductor Mission 2.0 will prioritise indigenous chip design, their productisation, attracting ecosystem partners and development of talents, Union Minister Ashwini Vaishnaw said on Saturday. The minister said the government will continue to work on setting up semiconductor manufacturing plants and target to produce chips as small as 2 nanometer node size. "In Semicon 2.0, the topmost priority will be design companies. Design companies, design startups who can design a product, take it to the market, become the next Qualcomm from India, hopefully get that huge innovation, that entire energy which is there in our startups into deep tech. That will be a focus area," Vaishnaw said. He was speaking at a Qualcomm event here to announce 2 nanometer chip of the company which has been developed in India. The minister said the government will focus on getting the entire ecosystem in the country under ISM 2.0. Finance Minister Nirmala Sitharaman in her budget announced that the ..

Updated On: 07 Feb 2026 | 9:39 PM IST

MediaTek flags supply chain crunch from AI, says will adjust chip prices

MediaTek said booming AI demand is straining global chip supply chains and pushing up costs, prompting the company to plan price adjustments even as it reported strong revenue growth

Updated On: 04 Feb 2026 | 2:51 PM IST

India-US deal major catalyst for semiconductor ecosystem: President IESA

The India-US trade deal can be a major catalyst for India's electronics, semiconductor, and technology ecosystem, Ashok Chandak, President of SEMI India and IESA said on Tuesday, adding it will accelerate semiconductor design and manufacturing, bolster value addition, and expand cooperation across AI and data centres space. The comment from the industry assumes significance as the US and India have reached a trade deal following months of negotiations. Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, President Trump said in a social media post on Monday after a phone conversation with Prime Minister Narendra Modi. The prime minister said he was delighted that "Made in India products will now have a reduced tariff of 18 per cent". IESA's (India Electronics and Semiconductor Association) Chandak said, the India-US trade deal can be a major catalyst for India's electronics, semiconductor, and technology ecosystem. By improvi

Updated On: 03 Feb 2026 | 10:18 AM IST

Budget: Higher ECMS outlay, ISM 2.0 send strong signal to chip industry

Industry executives say Budget's higher allocation for ECMS and announcement of ISM 2.0 underline a renewed policy push to strengthen India's electronics manufacturing base and semicon supply chains

Updated On: 02 Feb 2026 | 10:39 PM IST

Union Budget 2026-27: A Kartavya-led push to sustain growth momentum

Budget FY27 bets on fiscal discipline, public investment and technology-led reforms to sustain growth and build long-term economic resilience

Updated On: 01 Feb 2026 | 11:22 PM IST

Union Budget 2026-27: ECMS outlay nearly doubled to ₹40,000 crore

Phase-II of semicon mission announced

Updated On: 01 Feb 2026 | 11:16 PM IST

Budget 2026-27: A future-ready step on path to Viksit Bharat 2047

Higher capex, green mobility and strategic manufacturing bets in Budget 2026-27 aim to boost competitiveness, infrastructure and self-reliance on the road to Viksit Bharat 2047

Updated On: 01 Feb 2026 | 6:55 PM IST

Budget 2026: Govt to roll out Semiconductor Mission 2.0 with ₹40,000 cr

Union Budget 2026: The government will launch India Semiconductor Mission 2.0 with an outlay of ₹40,000 crore to support chip equipment manufacturing, R&D and training

Updated On: 01 Feb 2026 | 11:46 AM IST

Nvidia CEO Huang denies OpenAI friction, says 'huge investment' planned

Huang statement followed The Wall Street Journal report on Friday that Nvidia plan to invest $100 billion in OpenAI had stalled after some inside the chip giant expressed doubts about the deal

Updated On: 01 Feb 2026 | 11:35 AM IST

SBI launches CHAKRA, to invest ₹100 trn in sunrise sectors over 5 years

The country's largest lender has set up a Centre of Excellence to support financing of sectors such as renewable energy, semiconductors, electric mobility and data centres, with large capital needs

Updated On: 31 Jan 2026 | 4:03 PM IST

Economic Survey says India's semiconductor, electronics push augurs well

These initiatives, the survey said, position India among a relatively small group of middle-income, industrialising economies that are steadily moving towards sophisticated production structures

Updated On: 30 Jan 2026 | 12:35 AM IST

India-made 3 nanometre chips likely by 2032, says Ashwini Vaishnaw

India targets indigenously designed 3nm chips by 2032, with plans to boost fabless startups and make the country a global semiconductor design hub

Updated On: 27 Jan 2026 | 10:41 PM IST