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Chinese regulator blocked a merger between Intel and Tower Semiconductor
Aug 21,2023
US-based tech giant Intel has scrapped its$5 billion bid to acquire Israeli chip maker Tower Semiconductor after Chinese regulators failed to approve the deal. China's jurisdiction is based on the antitrust review if merging companies have revenue of...
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European Chips Act: Promoting investments and enhancing security in the semiconductor Industry
Aug 21,2023
The European Chips Act, which has been agreed upon by Parliament and Council, aims to create a favorable environment for chip investments in Europe. The law includes measures to fast-track permitting procedures and recognizes the critical importance ...
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The United Kingdom is set to host an AI safety summit at the beginning of November
Aug 18,2023
The UK government is set to host an AI Safety Summit in November, inviting 'like-minded' countries to address global threats to democracy posed by AI. The summit, which will take place at Bletchley Park, will focus on using AI in warfare and cybersec...
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Intel's $5.4 Billion Acquisition of Tower Semiconductor Falls Through After Chinese Regulators Delay Approval
Aug 16,2023
After regulators failed to approve the deal, Intel decided to terminate its planned$5.4 billion acquisition of Israeli chipmaker Tower Semiconductor. The mutual termination between Intel and Tower Semiconductor directly results from regulatory hurdle...
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UK contemplates restricting investment in Chinese tech companies following US government's move
Aug 10,2023
In response to the recent US crackdown on investments in sensitive technological sectors, including artificial intelligence, chips and quantum computing, the UK is contemplating more stringent regulations for investments in China. Joe Biden has signe...
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US restricts investments in China's sensitive tech amid security concerns
Aug 10,2023
The White House has initiated steps to restrict certain U.S. investments in sensitive technologies in China, focusing on semiconductors, microelectronics, quantum computing, and AI. In a recent executive order, President Joe Biden directed the US Tre...
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Taiwan Semiconductor Manufacturing Company partners with European tech leaders to establish advanced chip facility in Germany
Aug 09,2023
Taiwan's chipmaker TSMC recently invested
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UK Government and Industry to steer chip industry towards growth and innovation
Aug 04,2023
The UK government and semiconductor industry leaders have formed the Semiconductor Advisory Panel to drive the growth and development of the domestic semiconductor sector. The panel, co-chaired by Technology Minister Paul Scully and industry veteran ...
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China's pursuit of tech self-sufficiency through chiplet tech initiative
Aug 03,2023
China's National Natural Science Foundation (NSFC) has set aside a budget of up to$6.4 million to fund around 30 research projects centred on 'chiplet' technology. The primary goal of the NSFC's program is to build a research team with global influen...
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India's goal: A trusted global chip supplier, says Prime Minister
Jul 28,2023
Indian Prime Minister Narendra Modi envisions India as a trusted partner in the semiconductor industry and to be a global chip supplier. He has made chipmaking a top priority in his economic policy and is actively implementing policy reforms to exped...
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Germany plans to invest
Jul 25,2023
Germany aims to attract global chipmakers by offering subsidies under the EU Chips Act, with Intel already planning to spend over
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The European Council approves Chips Act
Jul 25,2023
The European Council has given its approval to the 'Chips Act,' a measure aimed at strengthening the semiconductor industry in Europe. The act seeks to attract
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