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Global Market: Kospi extends winning streak as AI optimism lifts chip stocksSouth Korean shares rose for a third straight session, with the Kospi gaining 3.46% as chipmakers rallied on optimism over strong AI infras...
ISM 2.0 will offer 30% capital subsidy, five-year PLI for chip ecosystemThe PLI will be set at 10% of the domestic bill of materials (BoM) value in the first year, staggered to 8%, 6%, 4% and 2% over the next fo...
Critical minerals being prioritised in trade, investment engagements: Govt tells ParliamentIndia is strengthening supply chains by prioritizing energy and semiconductor sectors. The nation aims to reduce import dependence through ...
TSMC, Sony to invest $4.7 billion in joint venture for image sensorsSony will be the controlling shareholder and invest 465 billion yen ($2.92 billion) through a combination of cash and asset transfers, in...
IIT Madras alumni’s Discovered Materials raises $9 million from Lightspeed, YC’s Paul Graham, Peak XVFounded by IIT Madras alumni Advait Sridhar and Akash Ramdas, the company believes today’s AI chips generate heat exceeding 140 watts per s...
Intel shares drop 5% after announcing $15 billion offering to support AI growthIntel shares fell over 5% after the semiconductor giant announced a $15 billion common stock offering to fund capital needs and support AI-...
South Korea to launch $3.5 billion chip fund, speed development of semiconductor hubsThe government will also provide a further 5 trillion won in trade finance for suppliers, Presidential Chief of Staff Kang Hoon-sik told a ...
Karnataka-backed SFAL’s deeptech portfolio crosses Rs 1,000-crore valuationThe accelerator, which began by supporting fabless chip design startups, is now seeking to enable a wider semiconductor value chain coverin...
Global Market: SK Hynix approves $38.3 billion investment plan through 2031 to expand AI chip productionSK Hynix approved investments of 54.3 trillion won through 2031 to expand semiconductor production, targeting rising AI-driven demand. Fund...
Trump rolls out trade measures to counter China on solar and chips, slaps 15% tariff on polysiliconThe White House has established price floors and a fifteen percent tariff on polysilicon products. This action aims to bolster domestic chi...
Explained: How AI-led Kospi, Nikkei selloff sparked record 15% drawdown in Asian funds in JulyAsia’s major multi-strategy funds suffered sharp July losses as an AI-linked stock selloff across Japan, South Korea and China erased much ...
Tata’s Dholera fab eyes Entegris boost for chemical supplyHeadquartered in Billerica, Massachusetts, Entegris is a leading supplier of advanced materials and process solutions for micro-contaminati...
Karnataka to focus on nanotech, AI, semiconductors for growth: Chief minister DK ShivakumarThe chief minister said nanotechnology has become a foundational technology with applications across healthcare, electronics, energy, agric...
US weighs polysilicon price floor, tariffs to counter China in solar and chipsThe Trump administration plans price floors and tariffs on polysilicon imports. This move aims to protect domestic factories and compete wi...
Government eyes co-investment with venture capitalists to make larger funds available under ISM 2.0India Semiconductor Mission 2.0 will offer more funds by co-investing with venture capitalists. This initiative aims to attract diverse com...
India has 12 semiconductor units with $20 billion investment, Semicon 2.0 to drive next phase: VaishnawIndia's semiconductor manufacturing ecosystem is entering its next phase with 12 semiconductor units involving around $20 billion in invest...
PM Narendra Modi lays foundation stone for ASIP's Rs 2,500 crore semiconductor plant in Andhra PradeshPrime Minister Narendra Modi virtually laid the foundation stone for ASIP Technologies' semiconductor facility. This marks Andhra Pradesh's...