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amazon: Amazon makes first investment in direct air capture climate technology

Amazon will purchase the credits from the 1PointFive direct air capture (DAC) plant in Texas, which is being developed by oil company Occidental s Oxy Low Carbon Ventures subsidiary and will use them to help meet its climate target of net zero carbon emissions by 2040.

iqe: Facing supply glut for chips, Apple-supplier IQE targets Asian and AI markets

IQE offers GaN Power electronics which aims to serve power hungry AI infrastructure as the likes of generative AI ChatGPT consumes a lot more energy.

globalfoundries singapore chip plant: GlobalFoundries opens $4 billion Singapore chip fabrication plant

The company s Singapore operations, which serve 200 clients worldwide, also include two other fabs that produce 720,000 300mm wafers and 692,000 200mm wafers a year respectively. The chips are used in cars and 5G technology.

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