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Applied Materials Rethinks $4B Silicon Valley Project Amid Federal Funding Shortfall

Due to insufficient government funding, Applied Materials Inc (NASDAQ:AMAT) may reconsider or abandon its plan to establish a $4 billion research and development facility in Silicon Valley. As of March 29, the Biden administration has decided against financing the construction or refurbishment of semiconductor R&D facilities. This shift comes amid a global semiconductor shortage that has disrupted supply chains across various industries. Despite President Joe Biden signing a bill in late 20...
United States San Francisco Joe Biden Investment Managers Series Trust First Trust Nasdaq Semiconductor Nvidia Corp
Source: yahoo.com

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US, EU to Leverage AI to Discover Alternate Chemicals for Developing Chips

The EU and the US are set to employ AI to discover alternative chemicals for chip development. The European Union and the United States are set to employ artificial intelligence (AI) in their quest to discover alternative chemicals for chip development, as outlined in a draft statement obtained by Bloomberg.
Region Flamande United States Jace Dela Cruz Legacy Semiconductors Technology Council European Union

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