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TSMC, the world’s largest contract chip manufacturer, projected revenue growth of at least 8 per cent to US$18.8 billion in the March quarter.
The BV100 is smaller than a coin and captures energy from radioactive decay of elements.
In an interview with Moneycontrol, Minister for Electronics and Information Technology Ashwini Vaishnaw said that the government will be investing in developing AI computing power and making it accessible to startups and MSMEs.
Semiconductor Policy: Enterprises investing in semiconductor manufacturing units will receive Rs 80,000 crore from the Centre, with the state government contributing 75 per cent of this amount, he said.
The chip packaging and testing venture, known as OSAT in industry lingo, comes after Foxconn abandoned a joint venture with India’s Vedanta in July.