Biden administration to reduce Intel's $8.5bn preliminary award under Chips Act as company lays off 15,000 staff, delays investments

Biden administration to reduce Intel's $8.5bn preliminary award under Chips Act as company lays off 15,000 staff, delays investments
Apple chief Tim Cook makes third public appearance in China this year amidst stiff domestic iPhone competition, AI uncertainty
US Commerce Department finalises $6.6bn subsidy to TSMC for leading-edge chip plants in Arizona, as Biden term nears end
Chip production slows in China in October ahead of expected export controls, while annual EV production capacity surges past 10 million units
Merry Christmas staff. AMD hands marching orders to 1,000 employees in the led up to the Christmas holiday period
Japan announces $65bn in subsidies and other incentives to boost production of advanced chips and AI semiconductors amidst China sanctions
US Commerce Department orders Taiwan's TSMC to halt sales of advanced AI accelerators to mainland Chinese customers as of Monday
US lawmakers write to biggest chip equpment makers in US, Japan, Netherlands asking for data on sales to Chinese firms, ahead of new sanctions
Dutch chip equipment maker ASML says 'fully recovered' from IT outage affecting operations worldwide and is investigating cause
Chinese chip manufacturing giant SMIC says AI has helped boost revenues to record levels in spite of restrictions on advanced tech
World's biggest contract chipmaker TSMC to stop producing advanced chips for customers in mainland China after part found in Huawei AI chip
Amazon is reportedly in talks to pump billions of dollars more into AI start-up Anthropic, but with one condition
Victory of Donald Trump in the US Presidential election and the potential implications for the tech industry
Chinese owner of Scottish fabless semiconductor firm FTDI ordered to sell majority stake, due to national security risks
SK Hynix says Nvidia chief executive Jensen Huang asked if production of next-gen HBM4 memory could be advanced, amidst explosive AI demand
AMD reports strong growth in data centre unit, but outlook in line with expectations fails to impress investors
Intel to expand operations at major chip packaging and testing plant in Chengdu, in show of support for China amidst tensions
TSMC says production yields at delayed plant in Arizona are 4 percent higher than comparable factories in Taiwan, in boost for US efforts
Troubled chip giant Intel will invest more than $28 billion to construct two new chip factories in Ohio, to take fight to TSMC
Fresh win for Intel after Europe top court upholds annulment of billion-euro antitrust fine imposed by European Commission in 2009
Potential huge market disruption after UK chip designer ARM reportedly cancels Qualcomm licence amid escalating feud
World's largest contract chip manufacturer informs the United States of a potential Chinese attempt to circumvent US export controls
Another worrying development for chip industry after Samsung delays delivery of ASML kit for new factory due to lack of customers
Intel China responds after influential Chinese cybersecurity association called for a security review of its products sold there
New x86 ecosystem advisory group formed by Intel, AMD, as well as a slew of tech giants, to confront ARM challenge
Semiconductor equipment maker ASML shakes chip sector after forecasting lower than expected 2025 sales and bookings
Taiwan official says TSMC planning additional plants in Europe to focus on AI market, after German factory breaks ground
AMD unveils new AI and data centre chips as it seeks to improve challenge to Nvidia's upcoming Blackwell chips
Certain semiconductor factories in US receiving government subsidies are to be exempt from federal environmental reviews
AI, government efforts to boost domestic chip manufacturing expected to boost spending on chip tools to record levels