Stay updated with breaking news from Hips Act. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Vedanta: According to the government, the microprocessor chips that power all things digital will soon be fully made in India. It's an ambition as unlikely as it is bold, and speaks volumes about Modi's belief that he can propel India into the top tier of advanced technology manufacturing.
Computer Chips: Texas Republican Michael McCaul, who co-authored the CHIPS Act and chairs the House Foreign Affairs Committee, thanked the Dutch government for steps it has previously taken to restrict technology exports to China but said "we need to think about other things".
Semiconductor Industry In Vietnam: Semiconductors are expected to be a focal point when U.S. President Joe Biden visits Hanoi from Sept. 10 with the goal of formally elevating ties between the two countries. He will offer Vietnam support to boost its chips production, U.S. administration officials said.
US Commerce Secretary Gina Raimondo embarked on a trip to Beijing on Sunday to stress the importance of Sino-American economic ties in the aftermath of new curbs against the People's Republic introduced by President Joe Biden earlier this month.
Micron: The memory chipmaker said it has submitted applications to the U.S. Department of Commerce for funding under the CHIPS Act, aimed at boosting efforts to diversify supply chains to be less reliant on China.