Topic: chips act
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Natcast Announces Major Staff Layoffs
Natcast, the non-profit managing the National Semiconductor Technology Center, is laying off most staff and closing after the Commerce Department withheld $7.4 billion in funding, alleging legal issues with its structure. The organization, established to advance semiconductor research and workfor...
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Chip Startup xLight: When Uncle Sam Is a Major Shareholder
The U.S. government plans a $150 million equity investment in semiconductor startup xLight, marking a significant expansion of its strategy to take direct ownership stakes in private tech firms. The investment, driven by national security and technological leadership goals, is causing unease in S...
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Pat Gelsinger's Plan to Save Moore's Law with Federal Help
Pat Gelsinger, former Intel CEO, is now executive chairman of semiconductor startup xLight, which has secured a preliminary U.S. government funding agreement for up to $150 million, making the federal government its largest shareholder. xLight aims to revolutionize chip manufacturing by developin...
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Tech Firms: Save Receipts for Potential Tariff Refunds
Technology companies should maintain detailed import expense records due to potential future semiconductor tariff refunds, as proposed tariffs create uncertainty in the recovering tech sector. The Trump administration's proposed semiconductor tariffs face growing pressure for postponement, with o...
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China's Chip Strategy: A New Trade War Tactic
China has introduced semiconductor-related measures into trade discussions, including an anti-dumping probe into U.S. legacy chips and antitrust actions against Nvidia. These moves represent a strategic shift, with China leveraging its market power to counter U.S. restrictions and seek concession...
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