Page 27 - Semiconductor

CG Power surges 11% as JV to set up Rs 7,600-cr semiconductor unit

The Cabinet, on Thursday, approved the setting up of three semiconductor plants including CG India's. The construction of these plants will start in the next 100 days

Govt to invest Rs 10,000 crore in SCL Mohali, says Ashwini Vaishnaw

Under the planned revamp, the facility will house a research and development (R&D) centre, the minister said

Govt clears 3 chip plants: Tatas have built their own tech, says Vaishnaw

The Tatas have built their own indigenous ATMP technology. So we won't require a foreign technology partner here

How India is betting big on the global outsourced semiconductor play

The Cabinet today cleared two projects, the Tata's assembly testing and packaging plant (ATMP) and the Murugappa-owned CG Power with Renesas from Japan as its tech partner

Govt has received semiconductor proposals worth $26 billion: Chandrasekhar

The government will soon announce the Bharat Semiconductor Research Centre, according to the Minister

Cabinet approves setting up of three semiconductor plants in India

Vaishnaw said that the total investment in three semiconductor units is estimated to be Rs 1.26 trillion

Tower's foundry plan may get up thumbs up from Cabinet today: Report

Along with Tower, the Cabinet is also likely to approve the proposals of the Tata Group and the joint venture between HCL Group and Foxconn Group

Govt's semiconductor strategy makes progress with $21 billion in proposals

Israel's Tower Semiconductor Ltd. is proposing a $9 billion plant, while India's Tata Group has put forward an $8 billion chip fabrication unit

Taiwan's TSMC opens its first plant in Japan as part of global expansion

Chip giant Taiwan Semiconductor Manufacturing Co. opened Saturday in an official ceremony its first semiconductor plant in Japan as part of its ongoing global expansion. We are deeply grateful for the seamless support provided by you at every step, TSMC Chairman Mark Liu said after thanking the Japanese government, local community and business partners, including electronic giant Sony and auto-parts maker Denso. The company's founder Morris Chang, was also present. This comes as Japan is trying to regain its presence in the chip production industry. The Japan Advanced Semiconductor Manufacturing, or JASM, is set to be up and running later this year. TSMC also announced plans for a second plant in Japan earlier this month, with production expected to start in about three years. Private sector investment totals USD 20 billion for both plants. Both plants are in the Kumamoto region, southwestern Japan. Prime Minister Fumio Kishida sent a congratulatory video message, calling the plant

Govt's stance on data transfers at WTO troubles chip industry giants

Developing nations like India, South Africa and Indonesia are set to oppose efforts by US and Europe to extend the moratorium. If no agreement is made, the moratorium would expire this year

Nvidia surges after company proclaims AI has hit 'tipping point': Report

The shares jumped about 13% in premarket trading on Thursday following the announcement. They earlier closed at $674.72 in New York, leaving them up 36% for the year

Intel signs Microsoft as foundry customer, says on track to overtake TSMC

It said Microsoft will use its 18A technology to make an undisclosed chip and that it now expects $15 billion of foundry orders

HCLTech, Intel Foundry expand collaboration for semiconductor innovation

HCL Technologies (HCLTech) is expanding a longstanding collaboration with Intel Foundry to co-develop customised silicon solutions for semiconductor manufacturers, system OEMs (Original Equipment Manufacturers), and cloud services providers to enhance foundry services, according to a release on Thursday. The partnership brings together HCLTech's design expertise with Intel Foundry's advanced technology and manufacturing capabilities to establish a resilient and diversified supply chain, marking a new era of innovation and excellence. The collaboration aims to meet increasing global demand for semiconductor manufacturing, catering to the diverse silicon needs of clients, by providing them with a robust and inclusive ecosystem for semiconductor sourcing, it further said. "Intel Foundry's advanced technologies and silicon-verified IPs in manufacturing and advanced packaging strengthen our delivery of innovative, accessible, and diverse solutions to our mutual clients," Vijay Guntur, ..

Policy stability important for semiconductor industry to flourish: Micron

Micron is investing the $825 million over the two phases of the project and will create up to 5,000 new direct Micron jobs and 15,000 community jobs over the next several years

Tata Group in talks with two Taiwanese companies for chip plant in Dholera

Tata Group has also reportedly finalised the details of the land and will break ground soon

Two multi-billion dollar semiconductor plants to come up in India: MoS IT

Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a USD 8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with. In the near term, two full-blown fabs are going to come up in India. These are going to be multi-billion-dollar fabs in the 65, 40 and 28-nanometer technology and there are going to be a host of other packaging proposals that we are evaluating," Chandrasekhar said. He was responding to a question on USD 8 billion investment proposal submitted by Tower Semiconductors and the status of India's semiconductor roadmap. The minister said that the project will be approved in the thi

AI inside: Demand for powerful PCs boosts chip industry's business

Chip and device manufacturers get a boost as consumers worldwide demand powerful machines, reports Ashutosh Mishra

India, Taiwan sign MoU to send Indian workers to semiconductor hub

In a further boost to bilateral ties between India and Taiwan, a Memorandum of Understanding (MoU) was signed between the two countries Friday to enable Indian migrant workers to find jobs there."Taiwan-India relations reach a new high! The MOU on the Facilitation of Employment of Indian Workers, signed by @TWIndia2 Rep. Ger & @ita_taipei Rep Yadav," the Ministry of Foreign Affairs of Taiwan posted from its official handle on X.The MoU "promises mutual benefits" for the people of both countries, "igniting a powerful momentum for even deeper and more fruitful cooperation."The signing of the Memorandum of Understanding comes at a time when a labor-strapped Taipei is looking to extend its foreign workforce outside its typical Southeast Asian sources.Taiwan, a major semiconductor producer with an ageing population, is home to over 700,000 migrant workers from Vietnam, Indonesia, the Philippines, and Thailand, the majority of whom work in manufacturing or as home assistants for the ..

Highlights of the day: Investments are inclined towards India, says FM

From Bihar govt launching a probe into Tejashwi Yadav's dept to Intel discussing financial support with US govt, catch all the latest updates from around the world

Sam Altman seeks US govt nod for AI chip manufacturing venture: Report

OpenAI did not respond to a request for comment, while the Department of Commerce declined to comment on "individual conversations"