Senate advances bill to boost domestic semiconductor industry

Senate advances bill to boost domestic semiconductor industry

This post was originally published on this siteThe Senate voted 64 to 32 Tuesday to advance legislation to provide $52 billion to the domestic semiconductor industry, $81 billion to the National Science Foundation and a 25 percent investment tax credit for semiconductor manufacturing. The vote brings the semiconductor bill closer...

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Pentagon steps into Senate chip debate, citing national security

Pentagon steps into Senate chip debate, citing national security

This post was originally published on this sitePentagon officials are pressing lawmakers to back legislation to fund the domestic production of semiconductor chips, arguing it is essential for national security. Ahead of a crucial vote in the Senate, the Department of Defense is lobbing members in both parties to back...

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Chipmakers Need a Supply Chain That Avoids Ukraine

Chipmakers Need a Supply Chain That Avoids Ukraine

This post was originally published on this siteThe semiconductor industry’s usual source of neon gas has left production vulnerable to geopolitical crises and other disruptions.

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Biden will tout $20 billion Intel factory as part of effort to address semiconductor shortages

Biden will tout $20 billion Intel factory as part of effort to address semiconductor shortages

This post was originally published on this sitePresident Joe Biden on Friday will urge Congress to pass legislation strengthening research and development and manufacturing for supply chains to address global semiconductor shortages, the White House tells CNN.

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Semiconductor Industry Isn’t Spending Big on Scarce Old-Tech Chips

Semiconductor Industry Isn’t Spending Big on Scarce Old-Tech Chips

This post was originally published on this siteLess than $1 of every $6 being invested is earmarked for the so-called legacy chips that are facing the longest backlogs right now.

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Toyota Profit Zooms Past Chip Shortage

Toyota Profit Zooms Past Chip Shortage

This post was originally published on this siteToyota Motor shrugged off the effects of a semiconductor shortage and reported higher profit in the most recent quarter as well as an improved forecast for the full fiscal year.

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Global Chip Crisis Hits Auto Makers Hard

Global Chip Crisis Hits Auto Makers Hard

This post was originally published on this siteContinuing disruptions from the Covid-19 pandemic and a worsening global semiconductor shortage hammered the automotive industry in the third quarter as the world’s largest car makers reported steep falls in earnings and production and dealers struggled to source models.

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