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[ad_1] India and Thailand have engaged in a full-fledged race for semiconductor–manufacturing investment to win a spot on Asia’s chipmaking map, Nikkei Asia reported. As China and US are engaged in the chip war, India has come out as an alternative option and is also exploring every opportunity to be recognized as a major player … Read more
[ad_1] Top executives from Foxconn and semiconductor firms Micron and AMD will this week attend a conference in Prime Minister Narendra Modi’s home state, as the government tries to lure investments into India’s nascent chip industry. India wants to establish itself as a semiconductor manufacturing hub, rivaling the likes of Taiwan, and the high demand … Read more
[ad_1] The United States is considering new restrictions on exports of artificial intelligence (AI) chips to China, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares of Nvidia fell more than 2 percent, while Advanced Micro Devices (AMD) fell about 1.5 percent on the news in extended trading. The Commerce … Read more
[ad_1] Union Minister Ashwini Vaishnaw on Monday said current Central Government has succeeded in attracting investments in emerging technology, and stated that India is the next important location for semiconductor manufacturers. Congress has attempted to do so since the 1980s but was not successful. During Prime Minister Narendra Modi’s State visit to the US last week, Micron Technology announced a massive India-specific investment plan. On Thursday, hours after PM Modi met Micron CEO Sanjay Mehrotra … Read more
[ad_1] India’s cabinet has approved US chipmaker Micron Technology’s $2.7 billion (roughly Rs. 22,159 crore) plan for a new semiconductor testing and packaging unit, a senior government source said on Tuesday ahead of Prime Minister Narendra Modi’s state visit to the US. The government agreed production-linked incentives worth Rs. 110 billion ($1.34 billion) for the … Read more
[ad_1] Nvidia’s market value jumped $207 billion (roughly Rs. 17 lakh crore) in the two days after the US chip designer on May 24 gave an amazingly good revenue outlook following a season of bad news for the semiconductor industry. Yet there’s a handful of other technology companies that may benefit even more from the … Read more
[ad_1] US-based Micron Technology on Monday forecast a hit to revenue in the low-single to high-single digit percentage after a ban by China on sale of its memory chips to key domestic industries marked the latest in the Sino-American trade spat. China’s cyberspace regulator said late on Sunday that Micron, the biggest US memory chipmaker, … Read more