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Indian Man "Earns" Rs 40 Lakh By Moonlighting In US, Faces 15-Year Jail
Mehul Goswami, a 39-year-old Indian-origin New Yorker, was arrested by the US authorities on charges of "grand larceny" for moonlighting as a contractor while he was working for the New York State Office of Information Technology Services.
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US To Give GlobalFoundries $1.5 Billion To Boost Domestic Chip Production
The US government is awarding $1.5 billion to GlobalFoundries to expand semiconductor production, the Biden administration said on Monday, in a bid to strengthen domestic supply chains after the COVID pandemic exposed weaknesses.
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MediaTek CEO Sees 'Incremental' Move Away From Taiwan Amid US-China Tensions
MediaTek CEO Rick Tsai said over the weekend that tensions between the US and China were pushing manufacturers to talk about moving some of their supply chain away from Taiwan as well. While MediaTek's most advanced smartphone chips are made at TSMC in Taiwan, Tsai said some older smartphone chips are made by GlobalFoundries, which has factories in...
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US President Joe Biden to Sign $280 Billion CHIPS Act to Boost US Semiconductor Production
US President Joe Biden will sign the $280 billion (roughly Rs. 22,27,410 crore) CHIPS Act on Tuesday, the White House has announced. The new bill is designed to incentivise investments in the US chip industry to ease US reliance on overseas supply chains for critical, cutting-edge goods. Micron is announcing a plan to boost domestic manufacturing o...
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STMicro, GlobalFoundries Plan New $5.7 Billion French Chip Factory
The project represents the lion's share of 6.7 billion euros ($6.8 billion) of investment from major global companies that President Emmanuel Macron is due to announce at this year's Choose France summit in Versailles.
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GlobalFoundries Posts 56% Rise In Quarterly Sales On Booming Chip Demand
The company makes silicon wafers for chip designers, such as Advanced Micro Devices and Broadcom Inc, that do not have their own fabrication plants, called fabs.
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Intel Said to Be Nearing $6 Billion Deal to Buy Tower Semiconductor
Intel is said to be nearing the acquisition of Israeli firm Tower Semiconductor for about $6 billion (roughly Rs. 45,275 crore).
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GlobalFoundries Posts 56% Rise In Quarterly Sales On Booming Chip Demand
GlobalFoundries posted a 56% rise in revenue on Tuesday, in its first earnings update after going public in October, as the global semiconductor shortage drives companies to secure supplies of chips used in everything from cars to mobile phones.
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Ford, GlobalFoundries Say They Will Work Together To Boost Chip Supply
Ford and GlobalFoundries did not disclose any terms of the deal or say whether Ford was providing funding or other commitments to reserve capacity at any of GlobalFoundries' current or future factories.
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How Semiconductor Shortage Affects The Auto Industry?
As demand for cars returns, automakers in India and around the world are announcing production cuts due to the global shortage of semiconductors.
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Indian Man "Earns" Rs 40 Lakh By Moonlighting In US, Faces 15-Year Jail
Mehul Goswami, a 39-year-old Indian-origin New Yorker, was arrested by the US authorities on charges of "grand larceny" for moonlighting as a contractor while he was working for the New York State Office of Information Technology Services.
-
US To Give GlobalFoundries $1.5 Billion To Boost Domestic Chip Production
The US government is awarding $1.5 billion to GlobalFoundries to expand semiconductor production, the Biden administration said on Monday, in a bid to strengthen domestic supply chains after the COVID pandemic exposed weaknesses.
-
MediaTek CEO Sees 'Incremental' Move Away From Taiwan Amid US-China Tensions
MediaTek CEO Rick Tsai said over the weekend that tensions between the US and China were pushing manufacturers to talk about moving some of their supply chain away from Taiwan as well. While MediaTek's most advanced smartphone chips are made at TSMC in Taiwan, Tsai said some older smartphone chips are made by GlobalFoundries, which has factories in...
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US President Joe Biden to Sign $280 Billion CHIPS Act to Boost US Semiconductor Production
US President Joe Biden will sign the $280 billion (roughly Rs. 22,27,410 crore) CHIPS Act on Tuesday, the White House has announced. The new bill is designed to incentivise investments in the US chip industry to ease US reliance on overseas supply chains for critical, cutting-edge goods. Micron is announcing a plan to boost domestic manufacturing o...
-
STMicro, GlobalFoundries Plan New $5.7 Billion French Chip Factory
The project represents the lion's share of 6.7 billion euros ($6.8 billion) of investment from major global companies that President Emmanuel Macron is due to announce at this year's Choose France summit in Versailles.
-
GlobalFoundries Posts 56% Rise In Quarterly Sales On Booming Chip Demand
The company makes silicon wafers for chip designers, such as Advanced Micro Devices and Broadcom Inc, that do not have their own fabrication plants, called fabs.
-
Intel Said to Be Nearing $6 Billion Deal to Buy Tower Semiconductor
Intel is said to be nearing the acquisition of Israeli firm Tower Semiconductor for about $6 billion (roughly Rs. 45,275 crore).
-
GlobalFoundries Posts 56% Rise In Quarterly Sales On Booming Chip Demand
GlobalFoundries posted a 56% rise in revenue on Tuesday, in its first earnings update after going public in October, as the global semiconductor shortage drives companies to secure supplies of chips used in everything from cars to mobile phones.
-
Ford, GlobalFoundries Say They Will Work Together To Boost Chip Supply
Ford and GlobalFoundries did not disclose any terms of the deal or say whether Ford was providing funding or other commitments to reserve capacity at any of GlobalFoundries' current or future factories.
-
How Semiconductor Shortage Affects The Auto Industry?
As demand for cars returns, automakers in India and around the world are announcing production cuts due to the global shortage of semiconductors.
