TSMC and GlobalFoundries finalize CHIPS Act funding agreements
Biden administration keen to complete negotiations before the end of his term
Biden administration keen to complete negotiations before the end of his term
Company received a “significant reduction” in the penalty due to its cooperation
Team of Tagore engineers will join the company
Both chip companies pledged to invest in training schemes under terms of CHIPS Act
State aims for leadership position on GaN semiconductors
Money will be used to support expansions at company’s New York and Vermont sites
Keppel to provide energy to chip maker via new gas plant
But the scale of the job cuts are not known
Company works with AI firm Levatas for gauge reading and thermal inspection software in Burlington facility
Upping existing contract by $500 million
But will investors chip in?
Demand is ballooning. Supply is getting ballooned
Previous gen was used on Mars missions
Intel's acquisition appears unlikely
Ahead of GF's planned IPO
More expansion amid the great chip drought
GlobalFoundries says "outlandish demands" are "incredibly inconsiderate"
Adding $10bn to its rumored valuation from just a few months ago
Shifting from its previous HQ in Silicon Valley
About the cost of one TSMC fab
Because the military can't rely on chips from overseas
The recently created Avera used to be IBM's microelectronics business
And all its upcoming 7nm silicon will be made by TSMC
Abu Dhabi’s largest tech business gets a new boss