President Joe Biden has signed the U.S. CHIPS and Science Act that provides subsidies worth $52.7 billion for the country's chip manufacturing industry and helping it compete against China.
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Chip manufacturing RSS
Intel has delayed outsourcing its 3nm chip production capacity to TSMC to the second half of 2023. The production was previously moved from the second half of 2022 to the first half of 2023.
Intel is the first chip maker that has placed an order for ASML's High-NA Twinscan EXE:5200 scanner that will allow the company to start using its 18A (1.8nm) fabrication tech starting 2025.
AMD's Mark Papermaster. in a recent interview, stated that he believes the semiconductor market will be back to normalcy in 2023 starting in 2H 2022. Intel and Nvidia also agree with the timeframe.
Chinese tech giant Tencent has revealed that it has a long-term plan for semiconductor chip manufacturing. The company has also reportedly developed three chips till now and plans to develop more.
As part of the US trying to become self-reliant in semiconductor manufacturing, Intel has secured an agreement with the Department of Defense to provide chip fabrication services with the government.