The silicon wafer market showed promising signs of recovery in Q2 2024, bouncing back after a prolonged downturn. The growth is fueled by seasonal factors and strong demand from investments in AI data centers, however, the consumer, automotive, and industrial segments are experiencing a slower pace of recovery.

AMSTERDAM, Dec 2(Reuters) - The incoming European Commission should follow recommendations made by Mario Draghi for a more coherent industrial policy and launch a European "Chips Act 2.0" to remain competitive against the U.S. and China, industry group SEMI Europe said on Monday.

David Zinsner and Michelle Johnston Holthaus named interim Co-CEOs. Holthaus also appointed to the newly created position of CEO of Intel Products. Frank Yeary named interim executive chair.

The German government has said that it would be investing billions into the country’s domestic semiconductor sector, in an attempt to strengthen Germany’s global competitiveness, and reduce dependence on countries such as China and the US.

Vice Chairman Young Hyun Jun, Head of DS Division, to also lead Memory Business
New Head for Foundry Business; CTO for Foundry Business newly-created
Future Business Division to be led by Hansung Ko

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s biggest contract chipmaker, yesterday held an equipment installation ceremony for its first 2-nanometer fab in Kaohsiung, six months ahead of schedule, Kaohsiung Mayor Chen Chi-mai (陳其邁) said.

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has announced that its Arizona subsidiary will expand its apprenticeship program to include more aspects of the manufacturing process.

Government set to shoulder more of financial burden for Yongin chip cluster

CHIPS Investment of up to $7.865 Billion Reinforces U.S. Supply Chain Security and Supports Multiple Projects in Arizona, New Mexico, Ohio, and Oregon

CHIPS Incentives Awards in New Hampshire and New Mexico Would Advance U.S. Supply Chain Security of Important Components for Defense Capabilities