Search results for CHIPS Act
Industry
Intel pushes into foundry market, focus on Samsung response
Intel’s push into the contract chipmaking market is becoming visible through orders from big tech firms, with Tesla set to use Intel’s 14A process for AI chips and Google reportedly shifting part of TPU production. The move comes as TSMC capacity constraints have opened space for alternatives such as Samsung Electronics. Intel’s U.S. government backing and leadership hires add to competition for U.S. customer volumes, as Samsung prepares to outline its technology strategy at upcoming forums in Seoul.
Industry
Subsidies vs tax credits put South Korea chip support at crossroads
Samsung Electronics and SK Hynix are reviewing investments worth hundreds of trillions of won in semiconductor clusters in the Honam and Chungcheong regions, accelerating debate over how the government should support the industry. The key issue is whether to rely on tax credits for fab construction or shift to direct cash subsidies like rival countries. The government is also pursuing a regional balance strategy, with a semiconductor special law due to take effect in August.
Industry
U.S. to provide $500 million to SandboxAQ for semiconductor materials development
The U.S. government plans to invest $500 million in SandboxAQ, a U.S. AI and quantum technology company spun off from Alphabet, and take a minority stake. The funding is to develop chemicals and materials for U.S. semiconductor plants, including PFAS alternatives, performance-enhancing materials and catalysts to speed chemical reactions in chipmaking. The work also includes reducing or replacing rare earths used in permanent magnets and batteries in manufacturing equipment.
