New York CNN — Intel’s struggling chip-making business got a boost Monday from a high-profile client: Amazon. Intel Foundry and Amazon Web Services will coinvest in a custom chip design for the latter and “announced a multi-year, multi-billion-dollar framework,” according to a release. “Specifically, Intel Foundry will produce an AI fabric chip for AWS on Intel 18A,” Intel CEO Pat …
It has been reported that electronics contract manufacturing major Foxconn is interested in setting up, even without any government incentives, a semiconductor plant in India, in addition to the one it already is setting up in collaboration with Vedanta in Gujarat. The Biden administration has offered $52 billion in subsidies for setting up chip fabrication plants – or fabs – …
The story so far: India has invited applications from 100 domestic companies, startups and small and medium enterprises to become a part of the design-linked incentive scheme. The DLI scheme aims to provide financial and infrastructural support to companies setting up fabs or semiconductor making plants in India. The inception of new companies will help in meeting the demand and …