WASHINGTON, March 3 (Reuters) - Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building five additional chip facilities there in coming years, its CEO announced with President Donald Trump on Monday.

Taiwan's dominant position as a maker of chips used in technology from cellphones and cars to fighter jets has sparked concerns of over-reliance on the island, especially as China ramps up pressure to assert its sovereignty claims.

A next generation automated insulin delivery (AID) algorithm, Control-IQ+ technology (Control-IQ+; Tandem Diabetes Care, Inc.) received FDA clearance for use among individuals aged 18 years and older with type 2 diabetes. The current indication expands on the previous Control-IQ+ clearance for use by individuals with type 1 diabetes.

“Type 2 diabetes affects millions of Americans and increases the risk of serious health conditions, including heart disease, stroke, kidney disease, and nerve damage, reinforcing the importance of consistent management of blood sugar," Jordan Pinsker, MD, chief medical officer, said in a news release.

On March 3, 2025, Microchip Technology Incorporated (the "Company") announced additional restructuring actions to reduce costs and resize its manufacturing operations. The Company had previously announced, on December 2, 2024, that it was closing its manufacturing operations at its Tempe, Arizona wafer fabrication facility (referred to as "Fab 2"). With respect to the Fab 2 closure, the Company now expects to be able to shut down the manufacturing operations in May 2025 which is several months earlier than previously expected. The Fab 2 facility and equipment are available for sale by the Company.

Feb 28 (Reuters) - Intel's (INTC.O), opens new tab promised $28 billion chip fabrication plants in Ohio are facing further delays, with the first factory in New Albany now expected to be completed only by 2030, the struggling chipmaker said on Friday.
The first factory will begin operations sometime shortly thereafter, between 2030 and 2031, the company said, extending its original timeline by at least half a decade.

KUALA LUMPUR, Malaysia, February 27, 2025 – Accelerating India’s semiconductor transformation and solidifying its position in the industry’s supply chain, VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) is establishing India’s first semiconductor wire manufacturing plant in partnership with Kinesis Manufacturing Solutions Sdn Bhd (“Kinesis”). This strategic initiative aligns with and supports the Indian government’s effort to build a self-sustained semiconductor ecosystem.

OXFORD, England, Feb. 27, 2025 /PRNewswire/ -- Brainomix, a pioneer in stroke AI imaging software and European market leader, has announced a strategic partnership with Medtronic Neurovascular, a global leader in medical technology. The collaboration aims to enhance stroke care for patients across Western Europe by integrating cutting-edge artificial intelligence (AI) solutions into clinical practice, expanding access to life-changing treatments and improving patient outcomes.

Kia Corporation today unveiled its EV4 and Concept EV2 models at the brand’s 2025 Kia EV Day in Tarragona, Spain, strengthening Kia’s lineup to enhance the adoption and appeal of electric mobility.

Versatile and practical, the EV4 is an athletic all-rounder that represents Kia’s first electrified saloon (four-door) and hatchback (five-door), designed to navigate cities and cross continents. Launched to redefine the C-segment and shown in both saloon and hatchback body styles, the Kia EV4 represents a fresh approach to the traditional aesthetics of the sector.

BLOOMINGTON, Minn. and MUNICH, Germany – February 26, 2025 – SkyWater Technology (Nasdaq: SKYT) has entered into an agreement with Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) for SkyWater to purchase Infineon’s 200 mm fab in Austin, Texas (“Fab 25”) and a corresponding long-term supply agreement. SkyWater will operate the fab as a foundry, increasing available capacity in the U.S. for foundational chips on nodes from 130 nanometers down to 65 nanometers that are critical for many industrial, automotive and defense applications. Fab 25 will also substantially increase SkyWater’s scale as a foundry and provide additional capabilities such as 65 nm infrastructure, expanded copper processing scale and high-voltage Bipolar-CMOS-DMOS (BCD) technology. The long-term supply agreement will enable Infineon to maintain a strong, efficient and scalable manufacturing footprint in the United States.

TrendForce’s latest investigations reveal that global sales of new cars are expected to reach 90.6 million units in 2025, marking a 2.4% YoY increase. China will account for the largest share at 29%, followed by the US at 18% and Western Europe at 15%. However, the US market faces significant uncertainty due to tariffs, while competition in China’s smart vehicle sector is expected to heat up.

SK hynix said Tuesday it has started construction on its first fabrication plant and relevant facilities at an envisioned semiconductor cluster in Yongin, south of Seoul.

The company broke ground Monday after receiving approval from the Yongin municipal government last week, according to SK hynix's newsroom.

The Yongin semiconductor cluster aims to serve as a key production hub for artificial intelligence (AI) memory chips, integrating SK hynix's fabs with materials and chip equipment companies, as well as other essential infrastructure.