May 21, 2024
Investment

Japan Making Major Investments in its Semiconductor Industry

Japan invested ¥3.9 trillion in support for its semiconductor industry from fiscal 2021 to 2023, which is a greater proportion of its GDP than the United States or Germany. A report given by the Fiscal System Council, an advisory panel to the Ministry of Finance, shows that the Japanese government has been concentrating investment in

Read More
Finance

TSMC posts rise in profit, expects Q2 sales to jump on ‘insatiable’ AI demand

TAIPEI (Reuters) -TSMC, the world’s largest chipmaker and a major Apple and Nvidia supplier, forecast second-quarter sales may rise as much as 30% as it rides a wave of demand for semiconductors used in artificial intelligence (AI) applications. The surging need for processors for AI left executives at Taiwan Semiconductor Manufacturing Co (TSMC), which investors

Read More
Investment

Top Chip Manufacturer to Receive U.S. Investment

The U.S. Department of Commerce will award $6.6 billion in grants to support the construction of a U.S. semiconductor manufacturing hub by Taiwan Semiconductor Manufacturing Company (TSMC), the leading semiconductor chip manufacturer responsible for producing a majority of the world’s supply. On April 8, President Joe Biden said the CHIPS and Science Act funds will

Read More