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TOWER SEMICONDUCTOR INVESTMENT
Tower Semiconductor to invest $3 billion in Japan, backed by government grantsTower Semiconductor will invest three billion dollars in Japan's chip manufacturing. This expansion includes one billion dollars in grants ...- For investors with 1- to 2-year perspective: Strong balance sheet and growth path; 5 large-caps with upside potential up to 33%With Israel refusing to play ball in the so-called US-Iran ceasefire, it was expected that things might remain fragile with regards to the ...
- Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
- India’s lost chip dream: The mysterious 1989 fire that may have cost the nation the AI raceIndia began semiconductor manufacturing before Taiwan Semiconductor Manufacturing Company. A fire in 1989 and policy neglect stalled progre...
- Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip dealsTower Semiconductor anticipates exceeding second-quarter revenue expectations. The company has secured significant deals worth $1.3 billion...
- Axiro will scale fabless chip business in phases: CG Power chairmanAxiro Semiconductor, a CG Power subsidiary, is expanding its fabless chip business, initially targeting connectivity, satellite communicati...
- Tower Semiconductor forecasts upbeat Q4 revenue; unveils $350 million investment planThe Israeli chipmaker's increased estimate is due to a revival in demand for chips. The company's U.S.-listed shares were up by 7.5% in pre...
- India Semiconductor Mission to expand in Phase Two with new proposals, focus on full ecosystem developmentThe government plans to expand the India Semiconductor Mission (ISM) to support semiconductor chip fabrication, packaging, and other ecosys...
- Centre to expand semiconductor scheme, looks to get raw material suppliers: ISM chief“When we started ISM, the idea was that we need to support this industry for at least 10 years till we become mature. So, of course, we nee...
- Semiconductor mission may get $10-billion booster shotISM, a division within the Digital India Corporation tasked with furthering the country’s semiconductor manufacturing, packaging, and desig...
- Maharashtra says Tower-Adani to set up $10 billion semiconductor unitThe Maharashtra cabinet has approved a $10-billion investment by a Tower Semiconductor-Adani Group joint venture to establish a semiconduct...
- Tower's plan for first Indian chip foundry likely to get nod todayTower's Indian chip foundry project is pegged at $9-10 billion, of which 50% will be subsidised by the Centre under the Indian Semiconducto...
- Israel's chipmaker Tower resubmits proposal to set up 65 nm, 40 nm chip fabThe company, however, is also facing legal action from its erstwhile joint venture partner Abu Dhabi-based Next Orbit Ventures which is con...
- Israel’s Tower seeks government inputs for fab foray by FY24-endThis marks a second attempt by the Israeli company to enter the semiconductor space in India after an earlier JV agreement with ISMC to set...
- Ambani's Reliance explores chipmaking foray, talking with potential partnersReliance Industries is reportedly looking to enter the semiconductor manufacturing industry to address its supply chain needs and meet the ...
- Intel scraps $5.4 billion Tower deal after China review delayIntel, which had decided to buy Tower last year, will pay a termination fee of $353 million to the latter, the company said in a statement.
- Sop evaluations still on, Ministry tells semiconductor applicant“Going by conversations with the ministry, we are hoping the approvals will start rolling out by October,” an industry representative aware...
- ISMC Digital to invest $3 billion in chip-making unit in KarnatakaThe JV said it would invest in a 65-nanometre analogue semiconductor fabrication plant in Mysuru. US-based chipmaker Intel is buying out To...
- In tight race, Karnataka close to plucking ISMC’s $3-b semiconductor fabPeople privy to the deal said the southern state has suggested an Electronics and Systems Design cluster in Mysuru as the investment destin...
- Israel's Tower eyes tech transfer deals with SemIndia, HSMCTower Semiconductor, the second largest fab company in Israel, has zoomed in on India to transfer technology in chip making and provide spe...
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