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India has approved allocating up to $15.2 billion (1.26 trillion Indian rupees) to build three new semiconductor plants, including its first semiconductor fab facility -- part of the country's big bid to take on China, Taiwan and other countries in the chip race. On Thursday, the Indian cabinet approved the country's first semiconductor fab facility set up by the salt-to-software conglomerate Tata Group and Taiwan's Power Chip, which will be established in the Dholera region of Gujarat. The fab facility expects to have the capacity to produce 50,000 wafers per month, and it ai...

The facility will be established in Sanand, Gujarat, with a capacity that will ramp up to 15 million units per day

The semiconductor sector has been outperforming many others in the market and shows few signs of slowing down. With that in mind, let’s take a look at two popular semiconductor ETFs to see which is the better choice for investors — the VanEck Semiconductor ETF (NASDAQ:SMH) or the SPDR S&P Semiconductor ETF (NYSEARCA:XSD). While these are both great ETFs that invest in semiconductor stocks, they differ quite a bit in several key ways, which we’ll explore in this article. What Is the SMH ETF’s Str

Tower Semiconductor Indian Chip Foundry: Tower's Indian chip foundry project is pegged at $9-10 billion, of which 50% will be subsidised by the Centre under the Indian Semiconductor Mission (ISM). States provide an additional 15-25% subsidy.

Santa Clara, CA and Kyoto, Japan, Feb. 26, 2024 (GLOBE NEWSWIRE) -- ROHM Semiconductor today announced the adoption of its 650V GaN device (EcoGaN™) in...