Here’s where the last $6 billion in CHIPS Act semiconductor award money is going
The Commerce Department is weighing how to allocate the final $6 billion in CHIPS Act award money to fund semiconductor
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Samsung Electronics Co Ltd
China is still years behind the U.S. despite Huawei’s breakthrough chips, Raimondo tells ’60 Minutes’
Commerce Secretary Gina Raimondo downplayed China-based Huawei Technologies' latest microchip breakthrough, arguing that the U.S. remains years ahead. Source link
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Raimondo: Commerce Dept. will spend all of the CHIPS Act grant money this year
he Commerce Department is providing grant money to semiconductor companies to incentivize them to build out manufacturing production capabilities in
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Nvidia supplier SK Hynix plans to invest $3.87 billion in U.S. chip facility
It is expected to create thousands of jobs in Indiana and align with the Biden administration's goals of building up
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Now that Nvidia’s launched powerful AI chips, Goldman expects these 3 stocks to get a boost
Investors can also buy the three stocks through concentrated exchange-traded funds or diversified funds. Source link
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Smartphone makers are dreaming of a ‘supercycle’ driven by AI. Analysts disagree  Â
Smartphone makers are talking a big game about artificial intelligence this year. So much they think it'll drive a new "supercycle"
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Want a Nvidia alternative? These 6 chip suppliers look set to gain big from the AI boom
CNBC screened for companies that are Nvidia suppliers and look set to gain from the AI growth story. Source link
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Apple’s sales plunged in China — these are the iPhone giant’s 5 biggest problems right now
Apple is facing challenges in China including cautious consumer sentiment and intense competition, in particular from a rejuvenated Huawei. Source
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AI lobbying spikes 185% as calls for regulation surge
AI-related lobbying reached new heights in 2023, with more than 450 organizations participating in the practice — a 185% increase
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