Since 2022, US officials have imposed sweeping controls on which computing chips can be exported to China, cutting off some sales from Nvidia, Advanced Micro Devices and Intel, among others. Those controls followed earlier bans on shipping chips to Huawei Technologies.
Sharp is currently exploring potential locations for the manufacturing setup and has been in talks with state governments in Telangana, Gujarat, and Maharashtra. The company has also expressed its intention to establish the factory in India as a global manufacturing hub, serving key markets worldwide.
Microsoft and Alphabet hailed the emerging technology following strong earnings reports, bolstering shares for firms making key AI hardware like Nvidia and AMD.
A number of localities are coordinating with manufacturers to train workers for the semiconductor industry, mostly in the basic stages of assembly and testing.
Additionally, the government must also increase funding for the semiconductor design ecosystem by designating semiconductor design and manufacturing as a sector of strategic importance.
Micron is set to receive up to $6.1 billion in grants from the U.S. government to help build its semiconductor plants in New York and Idaho, the White House said Thursday.
Centre should consider PLI scheme for containers, semi-conductor manufacturing, says PHD Chamber president : Rashtra News The government should consider a production linked incentive scheme for containers as a key priority, said Pradeep Multani, president of PHD Chamber of Commerce and Industry. In an interaction with ET, he flagged the issues of semiconductor and container