CHIP FOUNDRY
Synopsys will help Tata Electronics design custom chips
US-based chip design company Synopsys will help Tata Electronics in multiple aspects of its fab facility—India’s first—coming up in Gujarat and its assembly and testing unit in Assam, chief executive Sassine Ghazi told ET. Ghazi also met with Tata Electronics CEO Randhir Thakur and Tata Sons chairman N Chandrasekaran in Mumbai. He held talks with Ola Cabs chief Bhavish Aggarwal in Bengaluru.
AI drinks energy up - quantum computing will work to our advantage, but the tech is new
The rapid advancement of computing over the past 70 years, driven by increases in computing power, has revolutionized various sectors such as banking, communication, healthcare, product design, and warfare. Semiconductor chip technology plays a crucial role in this growth. However, the future of computing faces a significant challenge due to the increasing power needs of AI innovations like ChatGPT. This surge in demand poses a threat to the sustainability of global energy resources and the environment.
Global chips battle intensifies with $81 billion subsidy surge
The concern over China’s rapid advances in key electronics turned into a full-scale panic during the pandemic because chip shortages emphasised the significance of these tiny devices for economic security.
Chipping in: N Chandrasekaran to chair Tata Electronics
Chandrasekaran will take over from Banmali Agrawala who has held the post for the last few years. Chandrasekaran who is already chairman of many key Tata group companies will take charge after requisite regulatory approvals. Agrawala, a key Tata Sons aide, has taken on an advisory role recently in the group.
Huawei's new phone uses more China-made parts, memory chip
Huawei's Pura 70 Pro showcases China's tech self-sufficiency advancements through increased use of Chinese suppliers, including HiSilicon's NAND memory chip, and Kirin 9010 processor, challenging U.S. sanctions and impacting the smartphone market.
Tata Electronics begins export of semiconductor chip samples from Bengaluru centre
Tata Electronics, a company based in Bengaluru, India, has begun exporting small amounts of semiconductor chips. This is a significant step that could improve India's ability to produce these important components. The chips are being packaged at a pilot production line located at Tata Electronics' research and development center. This information comes from people with knowledge of the situation but who do not want to be identified publicly.
- Go To Page 1
Unicorn sightings slump; Tata’s chip exports
Happy Tuesday! Despite deal activity in late-stage startups showing signs of a revival, new unicorns aren’t being birthed. This and more in today’s edition of ETtech Morning Dispatch.
Paytm stock slides after COO exit; India’s first microcontroller chip
Shares of Paytm parent One 97 Communications fell 5% on Monday after its president and chief operating officer Bhavesh Gupta resigned. More on this in today’s ETtech Top 5.
Micron to roll out first India-made chips from Sanand unit in 2025
Micron India's Sanand unit focuses on exporting chips. Anand Ramamoorthy highlights global demand, partnerships, and multiple sector usage. Emphasis on agility and talent scarcity in niche sectors like cybersecurity.
Intel forecast misses estimates; shares tumble
Intel predicts lower Q2 revenue and profit, shares down 8%. Weak demand for data center, PC chips. Nvidia leads AI market. Gelsinger optimistic about Intel rebound.
Micron set to get $6.1 billion in chip grants from US
The award, which is not yet finalised, will fund chipmaking facilities in New York and Idaho from the CHIPS & Science law, the senator said in a statement.
TSMC first-quarter profit expected to rise 5% on strong AI chip demand
Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit on Thursday thanks to strong demand.
Japanese PM Fumio Kishida expects more US chip collaboration opportunities
Kishida commented a day before a summit with US president Joe Biden that will focus on boosting economic and defense ties to offset China's growing might.
Intel slides 7% as foundry business loss spotlights wide gap with rival TSMC
Intel faces challenges with chip-making, resulting in a 7% stock drop. Analysts anticipate a $12 billion market value loss, while CEO Gelsinger foresees losses peaking in 2024 before breaking even by 2027.
Intel discloses $7 billion operating loss for chip-making unit
Intel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the year before. The unit had revenue of $18.9 billion for 2023, down 31% from $27.49 billion the year before.
Japan approves $3.9 billion in subsidies for chipmaker Rapidus
Japan previously agreed to provide subsidies worth some 330 billion yen to Rapidus. The newly approved aid includes 53.5 billion yen for advanced packaging, which is becoming increasingly important for driving chip performance improvement.
At major China chip fair, firms ramp up call to buy domestic
The message was plastered across booths and marketing materials of a variety of companies, from chip equipment makers to materials producers. These included Vel-Tec Semiconductor, a Kunshan-based firm that makes photoresist coating equipment, and Shenzhen-listed Jingsheng, which manufactures machines used for processing silicon wafers.
Intel clinches nearly $20 billion in awards from Biden to boost US chip output
The historic outlay shows the Biden administration is betting big on Intel as part of the 2022 CHIPS and Science Act, a bid to boost domestic semiconductor output with $52.7 billion in funding, including $39 billion in subsidies for semiconductor production and $11 billion for research and development.
Cabinet greenlights Tata’s Rs 91,000-crore chip foundry proposal
Tata Electronics' Rs 91,000-crore project will be set up in Gujarat’s Dholera district in partnership with Taiwanese Powerchip Semiconductor Manufacturing Corp (PSMC), Union communications and IT minister Ashwini Vaishnaw said in a press briefing on Thursday.
Tower's plan for first Indian chip foundry likely to get nod today
Tower's Indian chip foundry project is pegged at $9-10 billion, of which 50% will be subsidised by the Centre under the Indian Semiconductor Mission (ISM). States provide an additional 15-25% subsidy.
Wipro partners with Intel Foundry for chip innovation tech
This partnership between Wipro and Intel Foundry aims to address the rising demand for artificial intelligence (AI) chip manufacturing as companies across the world fight to release generative AI-enabled products.
US awards $1.5 billion to GlobalFoundries for semiconductor production
Earlier in January, the commerce department announced a $162 million planned award to Microchip Technology and $35 million to a BAE Systems facility in New Hampshire in December.
Intel chief Pat Gelsinger ready to go it alone on chip manufacturing
Gelsinger has moved Intel's manufacturing unit into what is now called Intel Foundry Services (IFS) that operates as a business within Intel. IFS will break out financials beginning in the second quarter of next year, Gelsinger said.
Japan to spend $13 billion for chip industry support in extra budget
The country is a leading provider of chipmaking tools and materials that lost its edge in manufacturing in recent decades and is now providing subsidies to chipmakers to build capacity.
Vietnam eyes first semiconductor plant, US officials warn of high costs
The Southeast Asian electronics manufacturing hub already hosts US giant Intel's largest semiconductor packaging and testing plant worldwide and is home to several chip designing software firms. It is working on a strategy to attract more semiconductor investment, including from foundries, which focus on manufacturing chips.
Chinese chip equipment makers grab market share as US tightens curbs
Chinese domestic equipment manufacturers, such as toolmaker Naura and etching equipment maker AMEC, are winning a much higher proportion of tenders from Chinese foundries than in previous years, as chipmakers race to replace foreign-made equipment with domestically made alternatives, research showed.
Chipmaker GlobalFoundries seeks funding under CHIPS Act
The CHIPS and Science Act provides a total of $52.7 billion in subsidies for US semiconductor production, research and workforce development. It also includes a 25% investment tax credit for building chip plants estimated to be worth $24 billion.
GlobalFoundries opens $4 billion Singapore chip fabrication plant
The company's Singapore operations, which serve 200 clients worldwide, also include two other fabs that produce 720,000 300mm wafers and 692,000 200mm wafers a year respectively. The chips are used in cars and 5G technology.
GlobalFoundries eyes tieups for fab unit in India
GlobalFoundries was earlier in talks with a few companies from the country. Those plans, however, did not materialize owing to the latter’s lack of credible expertise and experience in manufacturing electronics products, a source said.
Load More
