Amkor breaks ground on advanced chip packaging campus in Arizona, with production expected by early 2028; state officials say Amkor's investment could reach $7B
Amkor moves in next door to TSMC as CHIPS Act funding continues to turn the Phoenix metro area into a chips hub.
Sources: US Commerce Secretary Howard Lutnick is looking into government equity stakes in Micron, TSMC, Samsung, and others that receive CHIPS Act funding
‘We should get an equity stake for our money’ Rich Smith / Motley Fool : Why Micron Stock Got Clobbered Today Tyler Lee / Android Headlines : Trump's Plan: Turn CHIPS Act Grants Into Stakes in Samsung...
US officials have struck binding deals for 85% of the CHIPS Act funding; sources: Gina Raimondo said her successor, Howard Lutnick, is committed to the program
Mackenzie Hawkins / Bloomberg :
Taiwanese silicon wafer maker GlobalWafers finalizes $406M in CHIPS Act funding, part of a plan to invest nearly $4B to help build plants in Texas and Missouri
Bloomberg :
Sources: US officials are racing to deliver billions in CHIPS Act funding to Intel and others before Biden leaves office; nearly $30B is tied up in negotiations
Asa Fitch / Wall Street Journal :
The Biden administration plans to direct up to $1.6B in CHIPS Act funding towards R&D to accelerate domestic capacity for advanced chip packaging
Don Clark / New York Times :
The US announces $285M in CHIPS Act funding for research into semiconductor digital twin development, which may reduce chip development and manufacturing costs
Anthony Ha / TechCrunch :
The US awards Samsung up to $6.4B in CHIPS Act funding and says the company plans to make 2nm chips at its Taylor, Texas plant by 2026, two years ahead of TSMC
South Korean group set to outdo rival TSMC with cutting-edge 2nm chip production in US by 2026 as part of $40bn investment
The US awards Intel $8.5B in CHIPS Act funding and $11B in loans to expand in Arizona, Ohio, New Mexico, and Oregon; Intel plans to spend $100B over five years
Preliminary agreement under US Chips Act also includes $11bn loan as company expands capacity in Arizona and other states
Intel delays the construction of its $20B Ohio chip fabs amid a slow rollout of US government grant money; sources: the fabs are now set to finish in late 2026
‘Silicon Heartland’ factories were originally planned for 2025 Mariane Angela / The Daily Caller : Intel Delays $20 Billion US Investment Biden Touted As Key Win Benzinga : Intel Reportedly Delays $20...