 "Intel shares surged on takeover talks with Qualcomm, sparking hopes for a transformative deal in the struggling chip industry.")
Intel Corp. shares surged following reports from the Wall Street Journal that Qualcomm Inc. has approached Intel for a potential takeover, which could set a record for the semiconductor industry. Although discussions are ongoing, a deal is far from certain. Intel’s stock rose 3.4% to $21.87 but remains down 56% for the year, reflecting ongoing ...
 "China claims a breakthrough in homegrown chip technology, challenging US sanctions and aiming to compete with ASML’s dominance.")
China has made significant strides in developing its own chipmaking equipment, aiming to overcome U.S. sanctions that hinder its semiconductor goals. The country’s Ministry of Industry and Information Technology recently announced a new laser-based immersion lithography machine capable of producing chips with resolutions of 65 nanometers or better. This marks a notable advancement from previous ...
 "Tata Electronics expands India’s semiconductor manufacturing with new fabs, aiming for a pivotal role in the global chip market.")
Tata Electronics is expanding its semiconductor manufacturing capabilities in India by building two new fabrication plants in Dholera, Gujarat. This move aims to strengthen the domestic chip ecosystem and meet the increasing global demand for semiconductors. The first fab is under construction and set to start production in 2026, focusing on essential chips for various ...
On September 11, 2024, semiconductor stocks experienced a significant rise following Prime Minister Narendra Modi’s speech at the Semicon India 2024 event. He emphasized India’s commitment to boosting its semiconductor infrastructure and highlighted the country’s potential to become a global leader in chip manufacturing. Modi stated that India holds 20 percent of the world’s talent ...
Prime Minister Narendra Modi inaugurated the three-day Semicon India 2024, emphasizing that now is the perfect time for global investment in India’s semiconductor industry. He highlighted the government’s commitment to stable policies and ease of doing business, making India a promising hub for semiconductor manufacturing. Modi underscored India’s role as a significant consumer and contributor ...
 "Maharashtra approves a billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.")
Maharashtra’s government has approved a major semiconductor fabrication unit to be built in Panvel, Mumbai, through a collaboration between the Adani Group and Israel’s Tower Semiconductor. This project, involving an investment of approximately Rs 83,947 crore ($10 billion), aims to produce 80,000 semiconductor wafers monthly in two phases. The first phase will invest Rs 58,763 ...
 "Trump’s Critique Sparks Tensions: Taiwan Defends Chip Industry Integrity")
Taiwan’s Economy Minister, Kuo Jyh-huei, defended the island against comments made by former President Donald Trump, who claimed that Taiwan is stealing the U.S. chip industry. Kuo emphasized that the chips produced in Taiwan are commissioned by American companies, which benefit the most from this collaboration. Trump’s remarks unsettled Taiwan’s officials and its markets, highlighting ...
Nvidia’s impressive rally may come to a halt next year, according to analysts who believe that the chip giant’s customer base may start competing with them. This shift in dynamics could have a significant impact on the company’s future growth and Market position. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll ...
Tech billionaire Elon Musk’s Neuralink company is facing challenges with its first human brain chip implant. The innovative technology, designed to enhance human brain capabilities, is reportedly experiencing technical difficulties. Musk’s ambitious project aims to revolutionize the way humans interact with artificial intelligence. The setbacks highlight the concerns surrounding the development of advanced neural technologies ...
