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SEMI Applauds U.S. Chips Act Award for Samsung Electronics Facilities to Strengthen Domestic Semiconductor Supply Chain
April 17, 2024 | SEMIEstimated reading time: 1 minute
SEMI, the industry association serving the global electronics design and manufacturing supply chain, applauded the United States Department of Commerce’s announcement of a Preliminary Memorandum of Terms for an award under the CHIPS and Science Act to support the expansion of Samsung Electronics’ presence in Texas and the company’s development and production of leading-edge chips. The award includes $6.4 billion in grants and an investment tax credit to help fund two new leading-edge logic fabs, a research and development fab, and an advanced packaging facility in Taylor, Texas. Samsung Electronics will also use the funding to expand its Austin fabs.
“SEMI applauds the U.S. Department of Commerce for this latest step to enhance the resilience of the domestic semiconductor supply chain and supply of advanced chips,” said Joe Stockunas, President of SEMI Americas. “The CHIPS and Science Act investment will enable Samsung Electronics to grow its manufacturing footprint in Texas while supporting the buildout of an ecosystem with advanced packaging and R&D capabilities.”
“With Samsung expected to invest more than $40 billion in the region in the coming years, this proposed CHIPS investment would strengthen the standing of Central Texas as a leading-edge semiconductor ecosystem, creating more than 4,500 good-paying manufacturing jobs and 17,000 construction jobs,” Stockunas said.
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Natcast Celebrates Grand Opening of NSTC EUV Accelerator at NY CREATES’ Albany NanoTech Complex
07/15/2025 | NatcastNatcast, the purpose-built, non-profit entity designated by the Department of Commerce to operate the National Semiconductor Technology Center (NSTC) established by the CHIPS and Science Act, celebrated the grand opening of the CHIPS for America Extreme Ultraviolet (EUV) Accelerator, an NSTC facility (EUV Accelerator), with an official ribbon-cutting ceremony at the NY CREATES Albany NanoTech Complex in Albany, N.Y., where the facility is located.
Microchip Expands Space-Qualified FPGA Portfolio with New RT PolarFire® Device Qualifications and SoC Availability
07/10/2025 | MicrochipContinuing to support the evolving needs of space system developers, Microchip Technology has announced two new milestones for its Radiation-Tolerant (RT) PolarFire® technology: MIL-STD-883 Class B and QML Class Q qualification of the RT PolarFire RTPF500ZT FPGA and availability of engineering samples for the RT PolarFire System-on-Chip (SoC) FPGA.
Geopolitical Tensions and US Export Restrictions Slightly Temper AI Server Shipment Growth in 2025
07/02/2025 | TrendForceTrendForce reports that major North American CSPs remain the primary drivers of AI server market growth. Steady demand is also being bolstered by tier-2 data centers and sovereign cloud projects in the Middle East and Europe.
Wolfspeed Stock Soars After Filing for Chapter 11 Bankruptcy
07/01/2025 | I-Connect007 Editorial TeamOn July 1, Wolfspeed shares doubled following the company’s announcement on June 30 that it had filed for Chapter 11 bankruptcy protection.
American Made Advocacy: Supporting the Entire PCB Ecosystem—Materials to OEMs
06/17/2025 | Shane Whiteside -- Column: American Made AdvocacyWith the addition of RTX to PCBAA’s membership roster, we now represent the interests of companies in the entire PCB ecosystem. From material providers to OEMs, the insights of our collective members help us educate, advocate, and support legislation and policy favorable to America’s microelectronics manufacturers. The industry veterans who lead these companies provide valuable perspective, and their accumulated wisdom makes us an even stronger association.