The Department of the Treasury is soliciting comments on its proposed regulations addressing potential national security issues posed by U.S. investments in locations deemed countries of concern under an executive order on national security technologies and products. The Treasury issued a notice of proposed rulemaking in compliance with Executive Order 14105, under which the department...
Tag: semiconductor
Intel Partners With Equity Firm Apollo in Irish Chip Plant; David Zinsner Quoted
Intel and New York-based private equity firm Apollo Global Management have entered a co-investment program to fund the chipmaker’s silicon wafer manufacturing plant in Ireland. According to the companies’ statement, Apollo-managed funds and affiliates will invest $11 billion to acquire 49 percent of the Irish plant’s equity, with Intel holding the 51 percent controlling interest...
IBM, Rapidus Extend Semiconductor Partnership to Chiplet Packaging Tech; Dario Gil Quoted
Japanese semiconductor company Rapidus and multinational technology firm IBM are expanding their partnership on developing lower-cost, high-performing 2-nanometer semiconductors to include packaging technology for the chiplets. The companies said their expanded collaboration calls for IBM to provide packaging technology to Rapidus for joint efforts on further innovation. The initial partnership agreement, announced in December 2022, calls...
US Grants Samsung $6.4B to Manufacture Semiconductors in Central Texas
The United States government is awarding up to $6.4 billion in direct funding to Samsung. On Monday, U.S. Secretary of Commerce Gina Raimondo visited the company’s new semiconductor manufacturing facility in Taylor, Texas, where she announced the investment. “We’re saying for the first time ever, Samsung can conduct in the United States of America core...
US Must Share The Load With Trusted Partners to Protect Critical Technologies
The United States needs to establish a multilateral supply chain and customs agreement to stop bad actors or countries of concern from accessing critical technologies such as semiconductor chips, according to Nicholas Henderson, a research associate at the U.S. Naval War College. Henderson, who specializes in Chinese international economic policy, wrote in a post on...
US Lifts Hurdles on South Korean Chip Manufacturing in China
The U.S. Department of Commerce announced on Friday that the Bureau of Industry and Security is updating the authorizations of South Korean chip manufacturers Samsung and SK hynix’s factories in China under the Validated End-Users program. The update will enable their Chinese plants to obtain chip equipment through a general authorization instead of individual export...
US Looks to Indonesia to Bolster Global Semiconductor Supply Chain
The United States government is partnering with Indonesia to explore opportunities to diversify the global semiconductor supply chain. On Monday, President Joe Biden met with his Indonesian counterpart, Joko Widodo, in Washington for the U.S.-Indonesia Comprehensive Strategic Partnership. During the meeting, the two government heads committed to cooperating on the development of the semiconductor industry...
Intel Wins $3.2B Incentives for $25B Israeli Chip Factory
The Israeli government is providing a $3.2 billion incentive for Intel’s new $25 billion chip factory in Kiryat Gat, southern Israel, where the company already has a chip-making facility. According to a statement, Intel’s Israeli plant expansion is an important element in its effort to promote “a more resilient global supply chain,” which also includes manufacturing investments...
UK, Canada Sign New Agreements to Promote Joint R&D Efforts on AI
The United Kingdom and Canada have struck new agreements to jointly conduct research and development on artificial intelligence and other technologies. Michelle Donelan, U.K. technology secretary, and Francois-Phillippe Champagne, Canada’s minister for innovation, science and industry, signed a dual set of agreements in Ottawa on Wednesday. The agreement follows a larger partnership on science and...