UK semiconductor company has struggled to find investment

Plans result from government scheme to boost chip production in the country

Comes after Altman posted that the world needs more AI infrastructure, including data centers

The site, known as FFMT Kyushu, is the company’s fourth CMP slurries production facility

Figures show China is shifting focus towards domestic chip production as import bans ramp up

Agreement was first signed in November 2023

Production at the second, more advanced, site now delayed until 2027

Nvidia A100s and H100s amongst restricted semiconductors purchased in China

Majority of vendors analyzed by Gartner saw year-on-year revenue decline over last 12 months

New industry minister says he wants to expand on work of predecessor

The 15 year agreement will see energy company ERG supply the chip manufacturer with wind energy

Part of wider plan to fund key technologies

Qualcomm previously scaled back its data center division drastically

Yet another billion-dollar chip deal

China, Taiwan, and Korea are the biggest spenders in the market