The Biden administration has announced an $11 billion investment in semiconductor-related research and development and a $5 billion fund to launch the National Semiconductor Technology Center.
semiconductor
Breaking News
The Biden administration has announced an $11 billion investment in semiconductor-related research and development and a $5 billion fund to launch the National Semiconductor Technology Center.
Samsung Electronics Co Ltd plans to invest $14.7 billion to construct a new chip production plant in South Korea, a major bet on its semiconductor business amid a smartphone earnings slump.
European Union antitrust regulators fined Philips, Samsung Electronics and Infineon Technologies a total of 138 million euros ($181.28 million) on Wednesday for fixing prices of chips used in mobile SIM cards.
SuVolta Inc, a semiconductor company based in Silicon Valley, has nabbed funding amounting to $10.6 million from Fujitsu Semiconductor Limited, Kleiner Perkins Caufield & Byers, August Capital, New Enterprise Associates, Northgate Capital and DAG Ventures.
Crocus Tech, a semiconductor company, raised US$45 million worth of funds.
Altair Semiconductors raised $25 million from its recent fundraising activity.
1 2
Subscribe to VCpost newsletter
Most Popular
- IRS Scrambles to Address Huge Gap in Audit Rates Between Black, Other Taxpayers
- Hims & Hers CEO Responds to Backlash After Facing Stock Plunge Over Comments Praising Anti-Israel Protesters
- Americans Brace for Another Round of Higher Housing Costs, NY Fed Survey Shows
- Social Security and Medicare Get Boost From Stronger US Economy, But Funds Expected to Run Short in 2035
- Biden’s Economic Advisor Jared Bernstein Awkwardly Explains How Money Works
- Xi Jinping Urges France to Resist 'New Cold War' Amid EU's Shift Towards US Alliance
- Over 1,000 Denver International Airport Flights Delayed Over Wind Gusts
- EU is Set to Intensify Sanctions Against Russia Amid Report Kremlin Plots Sabotage Attack
