As Asian markets open the week, Bitcoin remains steady, trading above $84,000. The U.S. government is sending mixed signals about tariffs on semiconductors and tech products. Over the weekend, Commerce Secretary Howard Lutnick clarified that exemptions for items like smartphones and computers from tariffs are temporary. President Trump confirmed that new tariff rates will be ...
Nvidia and Bitcoin are leaders in their markets, with Nvidia holding a Market cap of $3.5 trillion as the world’s largest semiconductor company, while Bitcoin reigns as the top cryptocurrency at nearly $2 trillion. In 2024, Nvidia stock surged by 171%, and Bitcoin rose by 120%. Looking ahead to 2025, Nvidia’s innovative AI chips and ...
 "L&T Semiconductor aims to launch indigenous chips by 2026, reducing India’s tech dependency and ensuring strategic product retention.")
L&T Semiconductor Technologies, a fabless chip company, is gearing up to begin manufacturing its own semiconductor products within the next two years. CEO Sandeep Kumar announced that the company aims to set up chip manufacturing plants once it reaches revenue targets between USD 50 million and USD 1 billion. Currently, L&T is developing teams to ...
West Bengal Chief Minister Mamata Banerjee announced that a new semiconductor fabrication plant by Global Foundries will be set up in Kolkata, marking a significant investment boost for the state. This project aims to position Kolkata at the forefront of India’s semiconductor industry. Banerjee expressed gratitude for the U.S. partnership and highlighted the potential of ...
The 21st Annual Conference of the Commonwealth Parliamentary Association began in Aizawl, Mizoram, on September 27, 2024, inaugurated by Lok Sabha Speaker Om Birla. In a significant cultural milestone, the Nocte and Tutsa tribes of Arunachal Pradesh celebrated their annual millet harvesting festival, Ronghuan, together for the first time. On World Tourism Day, Arunachal Pradesh ...
 "Tokyo Electron plans to hire 10,000 globally, focusing on India to capitalize on semiconductor growth amidst geopolitical tensions.")
Tokyo Electron Ltd., Japan’s leading chip equipment manufacturer, is planning to hire 10,000 new employees globally over the next five years, with a focus on recruiting engineers in India. This move aligns with the Indian government’s initiative to boost semiconductor manufacturing. The company aims to train local engineers to provide technical support to Tata Electronics, ...
 "Tata Electronics partners with Taiwan’s PSMC to launch India’s first semiconductor Fab, transforming the nation’s tech landscape and job market.")
Tata Electronics, a subsidiary of Tata Sons, has announced a significant partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) to establish India’s first semiconductor facility in Dholera, Gujarat. This venture will involve a massive investment of up to Rs 91,000 crore and aims to generate over 20,000 direct and indirect jobs. The facility is set ...
 "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 ...
 "Amid massive investments, India’s semiconductor strategy falters, struggling with objectives and workforce shortages in a complex global market.")
India is investing significantly in its semiconductor industry, with plans to allocate up to $21 billion to boost production. However, a clear strategy is needed to ensure effective use of these funds. The government aims for self-reliance, but achieving true semiconductor independence is unrealistic, even for powerhouses like the U.S. Instead of focusing solely on ...
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 ...
