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The Biden-Harris Administration announced that the U.S. Department of Commerce and Amkor Technology, Inc. have signed a non-binding PMT to provide up to $400 million in proposed direct funding under the CHIPS and Science Act.
GlobalFoundries (GF) has been awarded $35 million in federal funding from the U.S. government to accelerate the manufacturing of GF’s differentiated GaN on silicon semiconductors.
The U.S. Department of Defense (DOD) has awarded GlobalFoundries (GF) a new 10-year contract for a supply of securely manufactured, U.S.-made semiconductors for use across a wide range of critical aerospace and defense applications.
Infineon Technologies AG is strengthening its market leadership in power semiconductors by adding significant manufacturing capacities in the field of wide bandgap (SiC and GaN) semiconductors.
Intel Corp is buying Israeli chipmaker Tower Semiconductor for $5.4 billion, the giving it access to more specialised production and making it better positioned to take advantage of soaring demand for semiconductors.
Qorvo announced that it has acquired Princeton, N.J.,-based United Silicon Carbide (UnitedSiC), expanding Qorvo’s reach into electric vehicles, industrial power, circuit protection, renewables and data center power.
GlobalFoundries Inc. filed for an initial public offering, listed the size of its offering as $1 billion—a placeholder that will change when terms of the share sale are set.