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GlobalFoundries has secured $1.5 billion in CHIPS Act funding to bolster domestic semiconductor supply chains. Among other things, the company aims to produce "high value technologies not currently available in the US" at a new facility.
The U.S. has stepped up its computer chip manufacturing efforts with a major funding announcement. A $1.5 billion grant is going towards the expansion of the GlobalFoundries chip factory in Malta.
Semiconductor stocks are taking the market by storm as investors salivate over the long-term potential of AI, and the VanEck Semiconductor ETF (NASDAQ:SMH) is up 67.9% over the past year. But SMH isn’t simply a flash in the pan. The ETF has produced stellar, market-beating results for a long time. I’m bullish on this $14.6 billion ETF from VanEck based on its strong long-term performance, its concentrated portfolio of top semiconductor stocks with Outperform-equivalent Smart Scores, and the long
Rajeev Chandrasekhar , the Union Minister of State for Electronics and Information Technology, disclosed plans...
Logicknots, a software startup, announced a collaboration with the National Skill Development Council (NSDC)...