CHIPS Investment Incentivizes Creation of Leading-Edge Cluster in Phoenix, Arizona, and Over 20,000 Jobs; and Includes Commitment to Produce A16 Technology

According to a report in South China Morning Post, China’s leading chip-packaging company, Changjiang Electronics Technology Co. (JCET), recently announced a significant restructuring of its board of directors following the acquisition of a 22.5% stake by the state-owned China Resources Group, as the state conglomerate becomes its largest shareholder.

SEOUL, Nov. 14 (Yonhap) -- Samsung Electronics Co. and its largest labor union reached a preliminary agreement on a 5.1 percent pay increase Thursday, officials said, paving the way for ending stalled wage negotiations that have involved a weekslong strike.

AMD said on Wednesday that it will lay off 4% of its global staff.
AMD had 26,000 employees at the end of last year, according to a U.S. Securities and Exchange Commission filing.
AMD is the second-biggest producer of graphics processing units, or GPUs, behind Nvidia.

San Jose, California and Prescott, Arizona--(Newsfile Corp. - November 13, 2024) - Pure Wafer, America's largest and most advanced supplier of silicon solutions and services announced today that leading New York - based, private equity group, ZMC, has acquired the Company, which includes its six key, synergistic silicon services and solutions businesses: silicon wafer reclaim, thin-films, parts cleaning, wafer brokerage, wafer management and specialty foundry services. With the acquisition by ZMC, Pure Wafer will undertake a new growth phase with substantial investments in fab capacity expansion across its U.S. wafer fab operations, including significant investment in advanced technology and tooling to meet the demand of top semiconductor original equipment makers (OEMs) and the semiconductor integrated device manufacturers (IDMs) they serve.

Proposed CHIPS Investment Would Help Advance U.S. Technology Leadership While Creating Over 400 New Jobs in West Oakland, California

Measures will run through fiscal 2030, with eye on homegrown chipmaker Rapidus

MILPITAS, Calif. — November 12, 2024 — Worldwide silicon wafer shipments increased 5.9% quarter-over-quarter to 3,214 million square inches (MSI) in the third quarter of 2024 and registered 6.8% growth from the 3,010 million square inches recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry.

The U.S. has reportedly ordered TSMC to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications.
The Department of Commerce sent a letter to TSMC imposing export restrictions on certain sophisticated chips, of 7 nanometer or more advanced designs, destined for China that power AI accelerator and graphics processing units (GPU), a source said.
It comes just weeks after TSMC notified the Commerce Department that one of its chips had been found in a Huawei AI processor, as Reuters reported last month.

Taipei, Nov. 8 (CNA) Morris Chang (張忠謀), the founder of Taiwan Semiconductor Manufacturing Co. (TSMC), once asked Nvidia CEO Jensen Huang (黃仁勳) if he wanted to be CEO of the contract chipmaker, according to the publisher of Chang's autobiography.