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The Latest Breaking News from Semiconductor

‘Chips-plus’ bill advances toward final passage in Senate

WASHINGTON — An economic competitiveness package meant to boost U.S. semiconductor manufacturing and scientific research is on track to pass the Senate this week after overcoming a filibuster on Tuesday.

Tribune News Service

Korean firm's $22B investment will mean new US jobs, WH says

South Korea’s SK Group plans to invest $22 billion in the United States on industries including semiconductors, green energy and bioscience

The Independent UK

Top Texas Republicans, Biden administration look to grow the state’s semiconductor industry

As companies like Samsung and Texas Instruments expand their operations in the state, Gov. Greg Abbott and other state leaders are backing federal efforts to grow the industry.

The Texas Tribune

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‘Chips-plus’ bill advances toward final passage in Senate

Tribune News Service

A bill to reduce reliance on China for semiconductors moves closer to a Senate vote

It would support domestic manufacturing of semiconductor chips that power the nation's smartphones, cars, computers and medical equipment. The bill cleared a procedural Senate vote Tuesday.

WEKU

This Is What Whales Are Betting On Taiwan Semiconductor

Someone with a lot of money to spend has taken a bullish stance on Taiwan Semiconductor (NYSE:TSM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Bill to boost semiconductor industry passes key Senate test

The Senate has advanced a $280 billion bill designed to boost the U.S. semiconductor industry and to accelerate high tech research that backers say will be critical to the economy in future decades

The Independent UK

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The CHIPS Act Could Send These 3 Stocks Soaring

The Senate is expected to pass the much-awaited CHIPS Act this week. The $52 billion funding aims to bolster domestic manufacturing and incentivize investment in this sector. The potential passage of this bill can propel quality semiconductor stocks Intel (INTC), United Microelectronics (UMC), and Photronics (PLAB) to soar higher. Let’s…

StockNews.com

‘Chips-plus’ bill advances toward final passage in Senate - Roll Call

An economic competitiveness package meant to boost semiconductor manufacturing and scientific research is on track to pass the Senate.

Roll Call

How the 'chips-plus' bill grew by nearly 1,000 pages - Roll Call

A handful of senators said they wouldn’t support a semiconductors incentive bill unless it also included science provisions.

Roll Call

Biden presses Congress to pass $52bn semiconductor subsidies

WASHINGTON: President Joe Biden on Monday pushed Congress to pass a bill providing domestic semiconductor manufacturers with $52 billion in subsidies to cut reliance on foreign sourcing for the vital component.

Bangkok Post

Biden presses computer chips case in advance of Senate vote

Calling semiconductors “the building blocks for the modern economy,” President Joe Biden is asking Congress to move quickly and send him a bipartisan bill designed to boost the computer chips industry and high-tech research in the United States

The Independent UK

Output to fall short of 1.8m target

Thailand's car manufacturing is likely to fall short of a target of 1.8 million units this year due to various factors, notably the protracted global semiconductor shortage, says the Federation of Thai Industries (FTI).

Bangkok Post

Japan-U.S. 2+2 economic talks to boost tech cooperation

WASHINGTON -- Japan and the United States will discuss ways to drastically reinforce bilateral cooperation in economic security areas, including the protection of semiconductors and other advanced technologies, at their first ministerial-level "Economic 2+2" dialogue.

The Japan News/Yomiuri

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The Independent UK

Semiconductor bill unites Sanders, the right — in opposition

A bill to boost semiconductor production in the United States has managed to do nearly the unthinkable — unite Sen. Bernie Sanders and the tea party

StockNews.com

Forget Tesla, Try These 2 Automotive Stocks Instead

While supply chain issues and interest rate hikes affect the auto manufacturing industry, the shift to electric vehicles (EV) should help the industry grow in the long run. Semiconductor shortage, increasing competition, and high valuation make EV giant Tesla’s (TSLA) near-term prospects bleak. However, sound fundamentals and expansion into new…

Roll Call

Microchips and drug pricing - Roll Call

This episode of CQ Budget examines the challenges ahead for the passage of bills to bolster semiconductor manufacturing and lower drug prices.

Tribune News Service

Senators seek to clear procedural hurdles on unfinished business

Senate leaders are looking to clear legislation that would expand veterans health and disability benefits after passing a semiconductor manufacturing incentives and science package, but getting both bipartisan priorities done next week will require cooperation from all 100 senators.

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Roll Call

Senators seek to clear procedural hurdles on unfinished business - Roll Call

Senate leaders are looking to clear legislation that would expand veterans benefits after passing a semiconductor and science package.

Tribune News Service

‘Chips-plus’ bill passage could slip to next week in Senate

WASHINGTON — Republican senators said Wednesday they’re expecting final passage of a trimmed-down semiconductor manufacturing and science-focused economic competitiveness package will slip to next week.

Benzinga

Looking At Taiwan Semiconductor's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Taiwan Semiconductor. Looking at options history for Taiwan Semiconductor (NYSE:TSM) we detected 10 strange trades.

Roll Call

'Chips-plus' bill passage could slip to next week in Senate - Roll Call

Republican senators said they’re expecting passage of a semiconductor and science-focused competitiveness package will slip to next week.

StockNews.com

2 Affordable Chip Stocks Under $10 to Buy Right Now

Thanks to the increased usage of consumer electronics in a rapidly digitalizing world and the transition to electric vehicles (EVs), the demand for semiconductor chips is rising. The industry's long-term prospects look bright with increased government and corporate investments to address the global chip shortage. Therefore, investing in quality chip…

Tribune News Service

Expanded ‘chips-plus’ package advances in Senate

WASHINGTON — The Senate is moving forward with an even broader “chips-plus” bill containing hundreds of pages of science-related provisions that Senate Majority Leader Charles E. Schumer agreed to add to a more narrow bill focused on semiconductor manufacturing grants and tax incentives.

Roll Call

Expanded 'chips-plus' package advances in Senate - Roll Call

The Senate is moving forward with a broad “chips-plus” bill containing science provisions that Majority Leader Charles E. Schumer agreed to add.

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