China Launches Probe into US CHIPS Act, Claims Unfair Competition in Semiconductor Industry
China's Ministry of Commerce investigates $52.7 billion US semiconductor subsidies, alleging harm to domestic chipmakers through artificially low chip prices. The probe highlights escalating tensions in the global semiconductor market as China seeks to protect its investments and expand manufacturing capacity.
TSMC's Arizona Plant to Spearhead US Advanced Chip Manufacturing Renaissance
TSMC's upcoming Phoenix facility marks a pivotal shift in semiconductor manufacturing, bringing cutting-edge 4nm chip production to US soil by 2025. Backed by $6.6B in CHIPS Act funding, this milestone project aims to reduce dependence on Taiwan-based manufacturing.
US Launches Probe into China's Legacy Chip Market Dominance
The Biden administration initiates a year-long investigation into China's growing control of legacy semiconductor manufacturing, citing unfair trade practices and national security concerns. The probe examines allegations of below-cost pricing, forced technology transfers, and state subsidies that could threaten US interests.
Intel CEO Pat Gelsinger Steps Down After Turbulent Four-Year Tenure
Intel announces the sudden retirement of CEO Pat Gelsinger amid declining revenues and manufacturing challenges, despite securing billions in CHIPS Act funding. The company has appointed interim co-CEOs while searching for a permanent successor to lead its ongoing transformation efforts.
Intel Secures Record $7.9B CHIPS Act Grant for US Semiconductor Expansion
The US Department of Commerce awards Intel nearly $8 billion in CHIPS Act funding to boost domestic semiconductor manufacturing across multiple states. The historic investment aims to create 30,000 jobs while strengthening America's chip production capabilities and reducing foreign dependencies.
Intel's Struggle: US Officials Weigh Government Intervention for Chip Giant
As Intel faces financial challenges, US policymakers consider supporting the largest American chip manufacturer. The company's strategic importance in maintaining a competitive US semiconductor ecosystem has prompted discussions about potential government intervention.