The US and EU have agreed on a trade deal that maintains high tariffs on European vehicles and reduces them on computer chips, but further negotiations are needed to resolve remaining issues.
President Donald Trump announced a plan to impose a 100% tariff on computer chips unless companies commit to building manufacturing facilities in the US, aiming to boost domestic production amid rising global chip demand. The move follows significant investments from tech giants like Apple, Nvidia, and TSMC in US manufacturing, and marks a shift from Biden-era policies that focused on funding and incentives. The tariffs could lead to higher prices for products dependent on chips and impact the tech industry, but Wall Street responded positively to the news.
President Trump announced plans to impose a 100% tariff on all imported computer chips to the U.S., with exemptions for companies that commit to manufacturing within the country, aiming to boost domestic production and exert economic pressure on tech firms reliant on Asian components.
Micron Technology has been awarded a $6.1 billion grant from the federal government to construct a large complex of computer chip plants in Syracuse, New York, and to expand a chips plant at its headquarters in Boise, Idaho. The preliminary, non-binding deal with the U.S. Department of Commerce was announced by U.S. Sen. Charles Schumer and a senior Biden administration official.
The Biden administration has agreed to provide up to $6.4 billion in direct funding to Samsung Electronics for the development of a computer chip manufacturing and research cluster in Texas, as part of a total investment expected to exceed $40 billion. The project, supported by the CHIPS and Science Act, aims to revitalize domestic production of advanced computer chips and is expected to create thousands of jobs. Samsung's cluster in Taylor, Texas, will include two factories producing four- and two-nanometer chips, with the first factory expected to be operational in 2026. This move aligns with the U.S. government's efforts to bolster national security and reduce reliance on foreign chip production.
The Biden administration has agreed to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas, as part of a larger investment expected to exceed $40 billion. This move aligns with the CHIPS and Science Act signed into law by President Biden to revive domestic production of advanced computer chips, aiming to produce 20% of the world's leading edge chips in the United States by the end of the decade. The project is expected to create thousands of jobs and enhance national security, with Samsung's cluster in Taylor, Texas, set to include two chip factories and a research and development facility.
The Biden administration has agreed to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas, as part of a total investment expected to exceed $40 billion. This funding, part of the CHIPS and Science Act, aims to revive domestic production of advanced computer chips and propel Texas into a state-of-the-art semiconductor ecosystem, creating thousands of jobs. The cluster in Taylor, Texas, will include two factories making four- and two-nanometer chips, a research and development facility, and a packaging facility. This move aligns with the goal of producing 20% of the world's leading edge chips in the United States by the end of the decade.
A magnitude 7.4 earthquake in Taiwan has raised concerns about the global supply of computer chips, as Taiwan Semiconductor Manufacturing Co. (TSMC) produces a significant portion of the world's chips. The earthquake caused minimal damage to TSMC's facilities, but even a brief disruption could have significant economic impacts. TSMC's strategic importance is underscored by its role in global supply chains and its position in the geopolitical rivalry between the United States and China.
The Biden administration has secured a deal to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in four states, aiming to boost the U.S.'s global share of advanced chip production from zero to 20%. This investment is part of the bipartisan 2022 CHIPS and Science Act and is seen as crucial for national security and economic growth. Intel's CEO views this as a defining moment for the semiconductor industry, with the funding expected to create 30,000 manufacturing and construction jobs and enable $100 billion in capital investments over five years.
The Biden administration has agreed to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico, and Oregon, aiming to create 30,000 jobs. This investment is part of the CHIPS Act, which seeks to bolster domestic semiconductor production and reduce reliance on overseas manufacturers. The move is seen as a strategic effort to boost U.S. manufacturing, create jobs, and address national security and economic risks associated with chip production.
The Biden administration has announced a $5 billion commitment for research and development of computer chips, aiming to advance President Biden's goals of driving innovation in the United States. This initiative includes a partnership with Historically Black Colleges and Universities (HBCUs) to diversify the semiconductor industry and address national security risks, supply chain shortages, and workforce challenges. The HBCU CHIPS Network event brought together HBCU leaders and federal officials to discuss the Chips and Science Act, which provides funds to support domestic semiconductor production. The initiative aims to boost collaboration and research capacity at HBCUs, recognizing their role in promoting diversity and talent in the technology sector.
The Biden administration has announced a $5 billion investment in the National Semiconductor Technology Center to support research and development in advanced computer chips, aiming to reduce the overdependence on Taiwan and meet the increasing demand for innovative chips due to the rise of artificial intelligence. The center will fund chip design, prototyping, and worker training, while also supporting the $39 billion government funding for new chip plants, with a focus on creating a skilled workforce to meet the industry's growing needs.
The Biden administration is set to announce a $5 billion investment in the National Semiconductor Technology Center, a public-private consortium focused on advancing research and development in computer chips. This initiative, funded through the CHIPS and Science Act, aims to revitalize the U.S. computer chip sector by supporting R&D, design, prototyping, and workforce training. The investment is part of a broader effort to bolster the industry, with an additional $39 billion allocated for new and expanded chip plants, as industry leaders and stakeholders prepare to gather at the White House for the announcement.
The Biden administration has announced the first federal investment in computer chip production, providing $35 million to BAE Systems in New Hampshire to increase chip production for military aircraft. This funding comes from the bipartisan CHIPS and Science Act, which aims to boost semiconductor development and manufacturing in the US. The choice of a military contractor highlights the national security focus of the law, as advanced chips are crucial for weapons systems. The investment aims to reduce dependence on foreign supply chains and ensure national security needs are met.
Chemists have accidentally discovered a new material called Re6Se8Cl2, which could potentially make computer chips twice as fast as those made with silicon. Unlike silicon, Re6Se8Cl2 slows down electrons when they encounter phonons, resulting in a more direct path for electron movement. However, the rarity and cost of rhenium, a key ingredient in Re6Se8Cl2, make it impractical for mass production. Nevertheless, researchers are now exploring other materials with similar properties to develop faster computer chips.