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TSM Jun 2024 85.000 put

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  • Yahoo Finance

    US chip manufacturing capacity projected to triple by 2032, fueled by CHIPS Act: Industry leader

    US chip manufacturing capacity is projected to triple by 2032, according to a new report published by the Semiconductor Industry Association, signaling progress nearly two years after President Biden signed the CHIPS and Science Act into law.

  • Reuters

    US official says Chinese seizure of TSMC in Taiwan would be 'absolutely devastating'

    WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said Wednesday a Chinese invasion of Taiwan and seizure of chips producer TSMC would be "absolutely devastating" to the American economy. Asked at a U.S. House hearing about the impact, Raimondo said "it would be absolutely devastating," declining to comment on how or if it will happen, adding: "Right now, the United States buys 92% of its leading edge chips from TSMC in Taiwan." Last month, Raimondo announced the Commerce Department would award TSMC's U.S. unit a $6.6 billion subsidy for its most advanced semiconductor production in Phoenix, Arizona and up to $5 billion in low-cost government loans.

  • Benzinga

    Intel's New Venture in Japan: Pioneering Automation in Chip Manufacturing by 2028

    Intel Corp (NASDAQ:INTC) Intel has partnered with 14 Japanese companies, including Omron and Yamaha Motor, to develop automation technologies for back-end semiconductor processes like packaging. Under the leadership of Kunimasa Suzuki, who heads Intel’s operations in Japan, this consortium plans to allocate tens of billions of yen—potentially over 10 billion yen ($65 million)—to achieve operational technology by 2028. The focus is to enhance the traditionally labor-intensive back-end steps, such