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Europe will invest €43 billion to make its own microchips - Vimarsana News

Europe will invest €43 billion to make its own microchips

After spending some months negotiating between the European Council and the European Parliament, the European Union has now officially approved a plentiful subsidy plan for its semiconductor...

CHIPS Act requirements are putting a damper on China's chipmaking ambitions - Vimarsana News

CHIPS Act requirements are putting a damper on China's chipmaking ambitions

Back in 2021, we learned that companies like SMIC and China's Yangtze Memory Technologies Co (YMTC) had made incredible progress in catching up with global players in...

US Losing Ground to China and Russia as Arab Oil Giants Bet on BRICS - Vimarsana News

US Losing Ground to China and Russia as Arab Oil Giants Bet on BRICS

Washington's global hegemony has declined over the past few years at a rate few could have predicted. Dr Jack Rasmus noted that the leading emerging economies are turning their faces east in search of markets and finance.

IRA and CHIPS Act bringing manufacturing back to the US - Vimarsana News

IRA and CHIPS Act bringing manufacturing back to the US

Since the onset of the US-China trade war, Washington has launched a series of initiatives to bring manufacturing back to India, especially the strategically significant semiconductors. Asian manufacturers, except for China, are also building manufacturing facilities and fabs in an era when globalization yields to diversified production.

Sunday Summary: Blackstone: Yeah, We Just Raised $30+ Billion. No Big Deal. – Commercial Observer - Vimarsana News

Sunday Summary: Blackstone: Yeah, We Just Raised $30+ Billion. No Big Deal. – Commercial Observer

A new Blackstone fund scored $30 billion, which is pretty good considering how bad the real estate market is when it comes to offices.