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John Neuffer highlights CHIPS Act’s positive impact on U.S.
The U.S. CHIPS and Science Act seeks to boost domestic semiconductor manufacturing. John Neuffer, CEO of the Semiconductor Industry Association, is optimistic about the act, highlighting early private sector commitments and the critical need to rebalance global chip manufacturing.2024/05/06 17:07 -
Commerce secretary highlights TSMC’s role in U.S. chip goals
U.S. Secretary of Commerce Gina Raimondo aims for the U.S. to produce 20% of the world’s cutting-edge semiconductors by 2030. Companies like Intel, TSMC, and Samsung are seeking over US$70 billion in subsidies under the 2022 CHIPS and Science Act. Raimondo highlights TSMC’s Arizona project and expresses gratitude for their contributions. The government plans to fund more projects to achieve the 20% global semiconductor production target by 2030. The U.S. Department of Commerce is expected to announce new subsidies, with TSMC likely to receive funding.2024/02/27 17:45