The Latest Breaking News on Asian tech

The United States on Monday announced grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas.

One of the facilities Samsung is building will be the size of 11 football fields, Commerce Secretary Gina Raimondo said. The new investment will create thousands of jobs, the White House said.

Key EUV equipment at TSMC is 'safe and sound,' with production back up to 70 or 80% capacity on the same day as the massive April 3 earthquake, according to a new report. However, the seismic interruption and damage incurred will cost TSMC approximately $62 million.

The Taiwan quake renews concerns about having too much leading-edge semiconductor manufacturing located in one region.

TSMC will resume production overnight following Taiwan's biggest earthquake in 25 years, saying there is no damage to "critical tools."

The U.S. government asked South Korea to adjust its fab tool export controls to prevent shipments of advanced fab equipment from going to China. Whether South Korea will implement these adjustments remains to be seen.

The latest report from Worldline has unveiled divergences in the trajectories of digital transactions in India. While UPI transactions. Read further on Dynamite News:

The global semiconductor industry thrives on the increasing adoption of advanced technologies like AI and IoT. Hence, semiconductor stocks STMicroelectronics (STM), Photronics (PLAB), and Cirrus Logic (CRUS) might be ideal buys for their impressive capital appreciation potential. Read on….

Solid chip demand for numerous applications, backed by advancements in digital technologies, is propelling the semiconductor industry’s growth and expansion. Hence, investors could consider buying chip stocks Skyworks Solutions (SWKS), Taiwan Semiconductor (TSM), and NXP Semiconductors (NXPI), which are marching toward profitability. Read more….