CHIPS act prevents it

Chipzilla said its deal for $7.86 billion in US government subsidies restricts the company's ability to sell stakes in its chipmaking unit.

More than $2 billion

The Biden administration is expected to trim the federal grant funding troubled Chipzilla initially anticipated receiving from the CHIPS and Science Act after the semiconductor maker won a significant defence contract.

Chip cooling sparkles

Akash Systems has secured a "non-binding preliminary memorandum of terms" for $18.2 million in CHIPS Act funding to scale up the production of its diamond-cooled semiconductors.

Intel merger rumours are not going away

AMD has confirmed a reduction in its global workforce, laying off approximately 1,000 employees, equivalent to 4 per cent of its total workforce of 26,000.

Or a forced merger with AMD and Marvell

The US government, faced with spending money on a civilised healthcare system, welfare, or decent infrastructure, is considering throwing more money at Intel.  

All the money goes to manufacturing

There has been much talk about the latest CHIPS and Science Act, through which the US is attempting to advance an industrial strategy to revitalize domestic manufacturing jobs and secure semiconductor supply chains. This legislation is spectacular and well-timed, given recent de-globalization events and China's constant threat to Taiwan. And just days ago, TSMC had an event including POTUS in Arizona fab.