CHIPS and Science Act

SEALSQ USA Ltd Incorporated in Phoenix to Strengthen Global OSAT Network for Enhanced Localized Production and Support

Retrieved on: 
Mittwoch, Mai 22, 2024
CHIPS, Semiconductor, QFN, CHIPS and Science Act, Workforce, Investment, PKI, Ecosystem, Government, AI, Growth, Research, Face, Supply, Culture, Post-quantum cryptography, BGA, Artificial intelligence, WLCSP, Creativity, University, Cryptocurrency

SEALSQ's decision to select Arizona as the hub for its USA presence is strategic, largely due to Arizona's prominent position in the global semiconductor industry.

Key Points: 
  • SEALSQ's decision to select Arizona as the hub for its USA presence is strategic, largely due to Arizona's prominent position in the global semiconductor industry.
  • The Arizona OSAT center, set to be operational by the end of 2025, will be a cornerstone in SEALSQ’s strategy.
  • SEALSQ’s planned OSAT center in Spain will bolster its European production capabilities with focus to Spain and Latin American markets.
  • The network of centers allows SEALSQ to serve global markets more effectively, with regional centers providing localized production and support.

Polar Semiconductor Announces Plans to Expand Semiconductor Manufacturing Facility in Minnesota

Retrieved on: 
Montag, Mai 13, 2024
Other Defense, Hardware, Technology, White House, Federal Government, Automotive, State, Local, Defense, Other Manufacturing, Semiconductor, Nanotechnology, Other Automotive, Aerospace, Manufacturing, CHIPS, Partnership, Create, Investment, University, Automation, CHIPS and Science Act, SCALE, Commerce, Entrepreneurship, Employment, Education, Workforce, Administration, MEMS, Minnesota Forward, Public expenditure, City, Organization, St. Thomas University, University system, Economic development, Government, AI, Growth, Partner (business rank), Renewable energy

Polar Semiconductor (“Polar” or the “Company”), the only U.S.-based manufacturer specializing in sensor, power, and high-voltage semiconductors, today announced plans to expand its Bloomington, Minnesota manufacturing facility and branch into innovative technologies to serve new customers and markets.

Key Points: 
  • Polar Semiconductor (“Polar” or the “Company”), the only U.S.-based manufacturer specializing in sensor, power, and high-voltage semiconductors, today announced plans to expand its Bloomington, Minnesota manufacturing facility and branch into innovative technologies to serve new customers and markets.
  • Surya Iyer, President and COO of Polar Semiconductor, said, “We are very pleased to announce this historic investment in Minnesota semiconductor manufacturing.
  • Our expanded manufacturing facility will allow us to increase capacity and branch into innovative technologies to serve new customers and markets.
  • This landmark investment in Polar Semiconductor’s Bloomington facility will be a game changer for domestic semiconductor manufacturing,” said Senator Amy Klobuchar.

Microchip Technology Increases Quarterly Cash Dividend 18.0% Year-Over-Year to 45.2 Cents Per Share

Retrieved on: 
Montag, Mai 6, 2024
CHIPS, Congress, Flood, Risk, Uncertainty, CHIPS and Science Act, Weakness, Tax, COVID-19, Microchip Technology, Inflation, Intellectual property, Share repurchase, Second Continental Congress, Holding company

CHANDLER, Ariz., May 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.2 cents per share.

Key Points: 
  • CHANDLER, Ariz., May 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.2 cents per share.
  • The dividend is payable on June 5, 2024, to stockholders of record on May 22, 2024.
  • Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 81 times since its inception.
  • “Today, our Board of Directors approved a year-over-year increase in our dividend of 18.0% to 45.2 cents per share, up from our May 2023 dividend of 38.3 cents per share.

IEEE-USA IWRC Dakotas Program Released! Conference Set to Empower Innovation Ecosystems in Sioux Falls, South Dakota

Retrieved on: 
Dienstag, Mai 7, 2024
CHIPS, Workforce, AI, CHIPS and Science Act, Innovation, Conference, Research, Artificial intelligence, University, NSF, Growth, Artificiality, The Dakotas, Federation, Environment, Economic development, Intellectual property, Creativity, Dakota State University, IWRC, Creative industries

WASHINGTON, May 7, 2024 /PRNewswire/ -- From 10-11 June 2024, IEEE-USA will host the Innovation, Workforce and Research Conference (IWRC), bringing the CHIPS Act to South Dakota with key sponsors AFRL Regional Network-Midwest and South Dakota State University!

Key Points: 
  • WASHINGTON, May 7, 2024 /PRNewswire/ -- From 10-11 June 2024, IEEE-USA will host the Innovation, Workforce and Research Conference (IWRC), bringing the CHIPS Act to South Dakota with key sponsors AFRL Regional Network-Midwest and South Dakota State University!
  • This exciting two-day event will feature an evening reception on 10 June and a full-day summit on 11 June in Sioux Falls.
  • "The IWRC Dakotas Conference is not just about exchanging ideas," remarked Stacy Manni (Conference Sponsor, Ph.D., Director, AFRL Regional Network-Midwest),  "It's about catalyzing economic growth and prosperity in the Dakota region.
  • The IWRC Dakotas Conference is an excellent chance for stakeholders across the region to join forces and contribute to the growth and prosperity of local innovation economies.

Reliance, Inc. Reports First Quarter 2024 Financial Results

Retrieved on: 
Donnerstag, April 25, 2024
CHIPS, Internet, International, Investment, Geography, Safety, CHIPS and Science Act, Hand, Webcast, Carbon, Growth, Public expenditure, Environment, IPO, PVQ, Pressure, Acquisition, ID, Government, Telephone, Renewable energy

SCOTTSDALE, Ariz., April 25, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) today reported its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Reliance anticipates that demand for its products across the broader manufacturing sector will remain relatively stable in the second quarter of 2024.
  • Accordingly, the Company estimates its tons sold will be up 2.5% to 4.5% in the second quarter of 2024 compared to the first quarter of 2024, with approximately 2% of the sequential growth coming from recently completed acquisitions on April 1, 2024.
  • In addition, Reliance expects its average selling price per ton sold for the second quarter of 2024 to be down 1% to 3% compared to the first quarter of 2024.
  • A conference call and simultaneous webcast to discuss Reliance’s first quarter 2024 financial results and business outlook will be held on Thursday, April 25, 2024 at 11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time.

Microchip Technology Acquires Neuronix AI Labs

Retrieved on: 
Montag, April 15, 2024
CHIPS, FPGA, Microchip Technology, Resistor, SOC, Risk, CHIPS and Science Act, MCHP, RTL, 10-Q, Field-programmable gate array, Acquisition, Logic, Software design, Algorithm, Knowledge, Socs, Medical device

CHANDLER, Ariz., April 15, 2024 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions deployed on field programmable gate arrays (FPGAs).

Key Points: 
  • CHANDLER, Ariz., April 15, 2024 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions deployed on field programmable gate arrays (FPGAs).
  • Neuronix AI Labs provides neural network sparsity optimization technology that enables a reduction in power, size and calculations for tasks such as image classification, object detection and semantic segmentation, while maintaining high accuracy.
  • “The acquisition of Neuronix AI Labs’ technology will enhance our power efficiency for FPGAs and SoCs deployed in intelligent edge systems that utilize AI/ML algorithms,” said Bruce Weyer, corporate vice president of Microchip’s FPGA business unit.
  • “Neuronix AI Labs has been laser-focused on producing best-in-class neural network acceleration architectures and algorithms that can transform user expectations of size, power, performance and cost,” said Yaron Raz, CEO of Neuronix AI Labs.

Coherent Secures $15 Million in CHIPS Act Funding Through the CLAWS Hub to Accelerate Commercialization of Wide- and Ultrawide-Bandgap Semiconductors

Retrieved on: 
Mittwoch, April 10, 2024
CHIPS, Science, Risk, AI, Coherence, Silicon, CHIPS and Science Act, Coherent Corp., MEA, Electricity, Artificial intelligence, Transport, Electronics, COHR, North Carolina State University, CLAWS

One of the key objectives of the CHIPS program is to nurture ecosystems that reduce risk, incentivizing large-scale private investment in production, breakthrough technologies, and workers.

Key Points: 
  • One of the key objectives of the CHIPS program is to nurture ecosystems that reduce risk, incentivizing large-scale private investment in production, breakthrough technologies, and workers.
  • As a member of the CLAWS Hub, Coherent will receive $15 million to accelerate the commercialization of next-generation wide- and ultrawide-bandgap semiconductors, namely, silicon carbide and single-crystal diamond, respectively.
  • “Wide- and ultrawide-bandgap semiconductors enable the electrification of transportation, including road vehicles, high-speed trains, and mobile industrial machinery.
  • Single-crystal diamond promises to exceed the performance of silicon carbide and greatly expand the applications universe with quantum computing, quantum encryption, and quantum sensing.

Christine Lagarde: Unlocking the power of ideas

Retrieved on: 
Dienstag, April 23, 2024
CHIPS, Reproduction, International Energy Agency, Friends, Face, Learning, Theodore Roosevelt, CIT, The New York Times, Printing, History, Pleasure, Commerce Clause, Frankfurt, Artificial intelligence, Commerce, Wine, Congo, European Commission, Rail transport by country, USD, Inflation, Courage, Speech, Congress, Liberty, Hidden champions, ECB, Gibbons v. Ogden, Shock, Diffusion, Observation, Communication, International Monetary Fund, Ambition, GDP, Coal, IEA, McKinsey & Company, Electricity, EDS, European University Institute, Public policy, CHIPS and Science Act, Research, News, AI, EMU, Competition (economics), Robotics, Oxford University Press, Single market, Machine learning, Book, Australian Strategic Policy Institute, Solow–Swan model, European Central Bank, Democratic republic, Brain, Growth, Brookings Institution, European Council, Supreme, Steel, Natural Resources, Society, University of Chicago Press, Literacy, Necessary, Life, Diplomacy, Heart, Optimism, Economic growth, European Investment Fund, Renewable energy

Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.

Key Points: 
  • Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.
  • The housing cost burden has, however, increased slightly for both renter and mortgage households at the upper end of the income distribution.

Fairbanks Morse Defense Reshaping U.S. Shipbuilding Supply Chain with Strategic Acquisitions

Retrieved on: 
Montag, April 8, 2024
Defense, Government Technology, Public Policy, Government, Logistics, Supply Chain Management, Other Defense, Machinery, Machine Tools, Metalworking & Metallurgy, Other Transport, Other Manufacturing, Steel, Maritime, Engineering, Transport, Chemicals, Plastics, Other Technology, Automotive Manufacturing, Software, Aerospace, Manufacturing, Hardware, Electronic Design Automation, Technology, White House, Federal Government, Retail, CHIPS, National security, CHIPS and Science Act, Acquisition, Naval Supply Systems Command, Ship, Shipbuilding

Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .

Key Points: 
  • Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .
  • “ Revitalizing the U.S. shipbuilding industry requires us to adopt a new approach, but we can’t do that if we don’t have control over our national defense supply chain ,” said Fairbanks Morse Defense CEO George Whittier.
  • U.S. shipbuilding has declined since the 1980s when Federal policies supporting a robust American shipbuilding industry were abandoned.
  • Of the six U.S. companies manufacturing large medium-speed diesel engines before 1980, Fairbanks Morse Defense is the only remaining domestic producer.

Intel and Biden-Harris Administration Announce Preliminary Terms for up to $8.5 Billion in Direct Funding Under CHIPS and Science Act

Retrieved on: 
Mittwoch, März 20, 2024
Packaging, Engineering, Public Policy, Government, Environment, Technology, Manufacturing, Sustainability, Commercial Building & Real Estate, Construction & Property, Semiconductor, Security, Retail, Artificial Intelligence, Science, Supply Chain Management, Education, White House, Federal Government, Software, Research, Homeland Security, Training, Hardware, CHIPS, Intel, PMT, Congress, Fouquieria splendens, CHIPS and Science Act, Silicon, AI, Commerce, Credit, Investment, Ecosystem, ITC, Multimedia, Silicon Forest, Treasury, Revolution

The Biden-Harris Administration announced today that Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act.

Key Points: 
  • The Biden-Harris Administration announced today that Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act.
  • (Credit: Intel Corporation)
    CHIPS Act funding aims to increase U.S. semiconductor manufacturing and research and development capabilities, especially in leading-edge semiconductors.
  • Intel is the only American company that both designs and manufactures leading-edge logic chips.
  • CHIPS Act proposed funding would support Intel’s investments in Arizona, the Silicon Desert; New Mexico, the Silicon Mesa; Ohio, the Silicon Heartland; and Oregon, the Silicon Forest.