Page 8 - Semiconductor

Centre, Rajasthan pitch ₹76,000 crore semiconductor push to investors

Highlighting incentives, policy support and infrastructure push for the sector, the Centre and the Rajasthan government on Saturday pitched the state as a key destination for electronics and semiconductor manufacturing, urging investors to set up units while assuring full support. Union Electronics and IT Minister Ashwini Vaishnaw said Rajasthan has "immense potential" to emerge as a major hub in electronics manufacturing, noting that the sector has seen rapid growth under the leadership of Narendra Modi. He said the groundwork for setting up around 450 factories has been laid in the past two years, while 75 factories have been approved under the Electronic Components Manufacturing Scheme (ECMS) in the last year. Addressing an interactive session on the electronics and semiconductor sector along with Chief Minister Bhajanlal Sharma at the Chief Minister's Office, Vaishnaw urged investors to set clear targets for establishing manufacturing units, assuring that the "double-engine ...

Inside IISc's CeNSE: Where India's Semiconductor Story Is Quietly Taking Shape

.

Nvidia Q1 result beats Wall Street estimates on massive AI chip demand

Artificial intelligence chipmaker Nvidia's quarterly results surpassed Wall Street's expectations once again, fuelled by massive demand for its high-end AI chips. The company said Wednesday it earned USD 58.32 billion, or USD 2.39 per share, in the February-April period, up from USD 18.78 billion, or 76 cents per share, in the same period a year earlier. Excluding one-time items, Nvidia earned USD 1.76 per share. Revenue jumped 85 per cent to USD 81.62 billion from USD 44.01 billion. Analysts, on average, were expecting earnings of USD 1.75 per share and revenue of USD 78.91 billion, according to a poll by FactSet. Nvidia's results have exceeded the analyst projections that shape investors' perceptions since Nvidia's high-end chips emerged as AI's best building blocks three years ago. "The buildout of AI factories - the largest infrastructure expansion in human history - is accelerating at extraordinary speed," said CEO Jensen Huang in a statement. For the current quarter, Nvidia

Samsung reaches tentative labour union deal, averting crippling strike

Samsung Electronics reaches tentative wage deal with union, easing fears of major semiconductor supply disruptions

Piper Serica launches ₹800 crore Bharat Tech Fund for deep-tech startups

Mumbai-based asset manager plans to invest in 22 semiconductor, defence, AI and space-tech startups through Series A and B rounds over a six-year holding period

Centre likely to extend India Semiconductor Mission 2.0 tenure to 12 years

The government may extend the second phase of the India Semiconductor Mission to 12 years to strengthen domestic chip manufacturing and supply chains

India-Netherlands seal 'strategic partnership', sign 17 agreements

The two nations sign 17 deals during Modi's two-day visit to The Hague

Tata Electronics, ASML tie up for semiconductor manufacturing in India

The collaboration will focus on deploying ASML's holistic suite of advanced lithography tools and solutions for the Dholera Fab

Tata Electronics, ASML join hands for semiconductor manufacturing in India

Electronics manufacturing company Tata Electronics and Dutch semiconductor equipment major ASML have joined hands to enable chip manufacturing in India, a joint statement said on Saturday. The pact was announced during Prime Minister Narendra Modi's visit to the Netherlands. ASML is known for having monopoly in a category of lithography equipment which is critical for production of advance small size semiconductors. "Through this partnership, ASML will enable the establishment and successful ramp of Tata Electronics' upcoming 300 mm (12 inch) semiconductor Fab in Dholera, Gujarat. This collaboration is an important step in the context of the intensifying strategic collaboration between India and the Netherlands in the field of critical technologies, such as semiconductor technology," the statement said. Tata Electronics is setting up India's first semiconductor wafer fabrication plant, entailing an investment of Rs 91,000 crore. The collaboration between Tata Electronics and ASML

With $20 bn semiconductor push in the works, India may rival Asian peers

India plans to sharply raise semiconductor incentives as it seeks to strengthen chip manufacturing, supply chains and design capabilities

HrdWyr raises $13 mn to scale AI-native chips for edge devices globally

The Indian semiconductor startup is developing AI-native processors for appliances, EVs and industrial systems that process data closer to where it is generated

2 more chip packaging units to be operational by Dec: Ashwini Vaishnaw

Union IT Minister Ashwini Vaishnaw said India's semiconductor and AI infrastructure push is gathering pace with new chip packaging units and data centre investments

Best of BS Opinion: Manufacturing ambition, the next IT state and more

From manufacturing reforms and Bengal's industrial future to Japan ties, wildlife conflict and digital culture, today's commentaries examine India's evolving challenges

Weekly economy wrap: PMIs rebound, Cabinet push sharpens growth focus

Strong services activity, a manufacturing recovery and Cabinet approvals across rail, cotton, semiconductors and shipping shaped a week of growth signals and policy moves

TSMC posts 17.5% jump in sales on sustained AI buildout momentum

Taiwan Semiconductor Manufacturing and Sony Semiconductor Solutions Corporation are planning to form a joint venture to build next-generation image sensors

TSMC widens weight gap with India in widely tracked MSCI Emerging Markets

Chipmaker rally lifts Taiwan to the top of EM hierarchy; India's weight at 6-yr low

Semiconductor projects worth ₹4,000 crore get Cabinet go-ahead

The two new projects will be implemented by Crystal Matrix Limited and Suchi Semicon Limited, with project costs of ₹3,068 crore and ₹868 crore, respectively

Electronics makers to cut output by 10-20% amid memory chip squeeze

A global memory chip crunch is forcing Indian electronics makers to cut output and raise prices, with premium devices taking priority over budget products

Govt may tweak Design Linked Incentive scheme for semiconductor chips

The idea, a senior government official said, is to ensure that only those projects that find some market appreciation get the right funding and guidance from the government

Shortage of memory chips likely to continue till 2027-end: Asus Co-CEO

While memory chip shortage has hit sales in markets across the globe, the Indian market has been resilient so far, said Asus global Co-Chief Executive Officer Samson Hu