This week, President Joe Biden will sign the CHIPS and Science Act of 2022 into law. The legislation includes nearly $53 billion in funding to encourage domestic manufacture of semiconductor chips, as well as continued research into this field. “CHIPS” stands for “Creating Helpful Incentives to Produce Semiconductors,” but the act goes beyond computer components:…
Intel will benefit from €6.8bn ($7.3bn) of European Chips Act funding as it builds and commissions its mega site in Magdeburg, Germany. Martin Kröber, the Magdeburg member of the Bundestag (Social Democratic Party), revealed the decision on Friday, and the amount of funding due this year was confirmed in a federal budget statement (German language…
According to a Reuters report, a group of four U.S. senators might unveil their $52-billion microelectronics industry backing proposal on Friday or early next week. The chip industry support plan is set to include funding of R&D and production and the establishment of national programs. The $52 billion five-year plan pales in comparison to South…
Just weeks ago, almost anyone with $6,000 could establish a crypto trading platform, which led to the flooding of the cryptocurrency industry in the country with scammers and financially unreliable organizations. Now, Turkey wants to regulate cryptocurrency trading with anti-money laundering and terrorism funding rules. Early on Saturday the president of Turkey published a decree…