Chipmaking

**Semiconductor Revolution:** Biden Administration Pours $6.4 Billion into Samsung for Chipmaking

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Washington, D.C. – The White House recently announced plans to allocate up to $6.4 billion for chipmaking to Samsung, a significant move in the Biden administration’s strategy to revive semiconductor manufacturing in the United States. While the focus has primarily been on advanced logic semiconductors, the new initiative will shift attention to memory chips, crucial for powering artificial intelligence. A total of $23 billion out of the allocated $39 billion has already been designated to …

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Chip-Making Giant TSMC Lands $6.6 Billion Boost in U.S. Chip Manufacturing

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Phoenix, Arizona – The global chip manufacturing industry is set to receive a significant boost as Taiwan Semiconductor Manufacturing Co. (TSMC) secures a whopping $6.6 billion investment to expand its operations in the United States. This move comes in response to the increasing demand for chips across various sectors, including technology, automotive, and healthcare. The decision by TSMC to invest such a substantial amount in bolstering U.S. chip manufacturing underscores the company’s commitment to meeting …

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LossesWiden: Intel’s Chipmaking Unit Reveals $7 Billion Operating Loss – What’s Next?

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Santa Clara, California – Intel Corporation announced a significant operating loss of $7 billion for its chip-making unit. The company’s shares experienced a decline following this revelation, indicating potential challenges ahead for the technology giant. The staggering loss reported by Intel highlights the intense competition and rapid changes in the semiconductor industry, impacting the company’s financial performance. Last year, Intel’s chipmaking business faced major setbacks, resulting in substantial financial losses. The company’s efforts to make …

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