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US expected to announce billions in chip subsidies
January 28, 2024
|Financial Express Mumbai
THE BIDEN ADMINISTRATION is expected to award billions of dollars in subsidies to top semiconductor companies including Intel, and Taiwan Semiconductor Manufacturing Co in the coming weeks to help build new factories in the United States, the Wall Street Journal reported on Saturday.
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The forthcoming announcements are aimed at kick-starting manufacturing of advanced semiconductors that power smartphones, artificial intelligence and weapons systems, the WSJ reported, citing industry executives familiar with the negotiations.
The executives expect some to come announcements before US President Joe Biden's State of the Union address on March 7, the WSJ report added.
هذه القصة من طبعة January 28, 2024 من Financial Express Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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Financial Express Mumbai
Listed firms power India's M&A boom
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Modi pitches stability as firms commit to state
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Iran protest: Death toll spikes to 538
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Devyani-Sapphire merger creates a $1 billion challenger in India’s fast-food market Jubilant Foodworks’ QSR crown faces first real test
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Quiet scale
HOW A CLASSROOM INSIGHT BECAME A REPEATABLE SYSTEM, AND WHY EXECUTION MATTERED MORE THAN AMBITION
3 mins
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As we go digital, buildings must catch up
As the digital society and digital economy expand, the quality of indoor connectivity will increasingly define user experience, service reliability, & economic outcomes
4 mins
January 12, 2026
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Global VC funds expand India teams
Japan, West Asia investors ramp up local teams
2 mins
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In search of differentiation
MATTRESS MAKERS ARE HANGING THEIR HATS ON EMOTION, NOT SPECS
2 mins
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