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Semiconductor chips

$6.6 billion TSMC deal in Arizona the latest in the CHIPS Act's rollout

by Kimberly Adams
Apr 9, 2024
The CHIPS and Science Act was a 2022 law designed to restart the semiconductor industry in the U.S.
Recently announced funding for the TSMC, coupled with money the company is pledging to spend on expanding facilities in Arizona, represents a $65 billion investment altogether.
Annabelle Chih/Getty Images
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With CHIPS Act money, the Biden administration bets an old plant can make new chips

by Henry Epp
Mar 26, 2024
A Vermont facility built in the 1950s is getting a shot at making semiconductors for smartphones and electric vehicles.
A 1950s-era facility built by IBM and now owned by GlobalFoundries is set to receive upgrades, funded partly by $125 million from the CHIPS Act.
Henry Epp/Marketplace
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CHIPS Act to give Intel $8.5 billion in direct funding, plus loans

by Kimberly Adams
Mar 20, 2024
Biden's legislation aims to boost U.S. semiconductor manufacturing, reducing reliance on foreign chipmakers.
President Biden speaks Wednesday at an Intel facility in Chandler, Arizona. The funding will enable Intel to build new plants in four states and expand operations in others.
Rebecca Noble/Getty Images
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Car dealers' inventories are up, so haggling and incentives are back

by Henry Epp
Mar 11, 2024
They aren't keeping as many vehicles on their lots as before the pandemic, but they have way more than they had during it.
Trucks fill the lot at Heritage Ford in South Burlington, Vermont. Higher vehicle inventories are allowing customers to negotiate lower prices.
Henry Epp/Marketplace
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The federal government wants to sell off its helium reserve. Some industries are pushing back.

by Henry Epp
Feb 21, 2024
Congress decided to sell it off before demand for helium skyrocketed, thanks to MRIs and semiconductor chipmaking.
Helium is now an essential element for things like MRI machines.
Alain Jocard/AFP via Getty Images
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Will chipmaker Nvidia's earnings report be blockbuster? Or super-blockbuster?

by Mitchell Hartman
Feb 21, 2024
Nvidia reports its Q4 financial results after markets close on Wednesday. The chipmaker has forecast major revenue gains thanks to generative AI.
Nvidia forecast it would hit $59 billion in revenue for 2023 — double what it brought in in 2022.
Justin Sullivan/Getty Images
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Amid disappointing manufacturing figures, one bright spot emerges

by Mitchell Hartman
Feb 16, 2024
Economist say the rise in high-tech manufacturing — of things like semiconductors and circuit boards — in the U.S. bolsters national security.
While manufacturing fell in January, high tech manufacturing of semiconductors and circuit boards rose by more than 20%.
Justin Sullivan/Getty Images
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Biden and Xi likely to discuss semiconductor dispute at APEC

by Vivienne Nunis
Nov 15, 2023
Over the past few years, the U.S. and China have engaged in a tit-for-tat trade spat over semiconductors.
Chinese President Xi Jinping arrives at San Francisco International Airport for the the Asia-Pacific Economic Cooperation on Tuesday.
Frederic J. Brown/AFP via Getty Images
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U.S. needs to invest in training, recruiting to expand semiconductor workforce

by Elizabeth Trovall
Aug 25, 2023
The industry forecasts a sizable shortage by 2030. Some organizations are trying to attract youngsters to the field and providing internships.
Workers in a semiconductor plant in France. As the U.S. tries to shore up domestic chip production, it will need to invest in training.
Jeff Pachoud/AFP via Getty Images
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Has the computer chip glut reached its peak?

by Henry Epp
Jul 7, 2023
The semiconductor industry is notoriously cyclical, but the need for chips that power artificial intelligence may be what kicks up demand this time around.
Samsung reported a huge decrease in quarterly profits this week.
UNG YEON-JE/AFP via Getty Images
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