Biden to inject Intel with CHIPS fab cash 'next week'

However, Intel, TSMC, and Samsung, which have collectively committed to adding more than $100 billion in leading-edge semiconductor capacity in the United States, are expected to walk away with the lion's share of CHIPS funds. During a press conference in February, Raimondochipmakers not to get their hopes up and that those that did receive taxpayer funding were likely to get less than expected.upwards of $10 billion in US CHIPS funds.

Both foundry outfits have made major investments in US semiconductor capacity over the past few years. Under pressure from the Trump administration TSMCit would construct a $17 billion plant in Texas. According to Bloomberg the $6 billion in CHIPS subsidies will support the development of additional sites.

It's not yet clear how many more fabs Samsung has planned or where they might be located. But as we've previously, documents filed with the Texas comptroller in mid-2022 suggest the Korean giant could add as many as 11 facilities over the next two decades. ®Flexible working tools for flexible working people

How secure, effective file sharing and content management can give businesses a crucial advantage in the post-COVID hybrid working worldUpdatedSingapore startup SiliconBox to open packaging fab in Northern ItalyWe asked Intel to define 'AI PC'. Its reply: 'Anything with our latest CPUs'

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