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The Latest Breaking News from Semiconductor

Senate passes computer chips bill to be more competitive with China

The legislation passed on a bipartisan basis

The Independent UK

Semiconductor, science bill passes Senate, heads to House

WASHINGTON — A bill to bolster chip manufacturing and scientific research won Senate approval, setting Congress up to clear a trimmed economic competitiveness package after a yearlong-plus push.

Tribune News Service

Senate passes bill to boost computer chip production in US

The Senate has passed a bill that's designed to encourage more semiconductor companies to build chip plants in the United States

The Independent UK

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Don't Give U.S. Chipmakers a $76 Billion Government Handout

Making the U.S. semiconductor industry dependent on subsidies is not the way to stick it to China.

Reason

Tata Motors loss widens to Rs 4,951 crore in June quarter as JLR sales dip

NEW DELHI: Tata Motors on Wednesday reported a consolidated net loss of Rs 4,951 crore in the June quarter as chip shortage and Covid-19 lockdown in China impacted Jaguar Land Rover sales.

The Times of India

Semiconductor, science bill passes Senate, heads to House - Roll Call

A bill to bolster chip manufacturing and scientific research won Senate approval, setting Congress up to clear it by week's end.

Roll Call

‘Chips-plus’ bill advances toward final passage in Senate

WASHINGTON — An economic competitiveness package meant to boost U.S. semiconductor manufacturing and scientific research is on track to pass the Senate this week after overcoming a filibuster on Tuesday.

Tribune News Service

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Korean firm's $22B investment will mean new US jobs, WH says

South Korea’s SK Group plans to invest $22 billion in the United States on industries including semiconductors, green energy and bioscience

The Independent UK

Top Texas Republicans, Biden administration look to grow the state’s semiconductor industry

As companies like Samsung and Texas Instruments expand their operations in the state, Gov. Greg Abbott and other state leaders are backing federal efforts to grow the industry.

The Texas Tribune

‘Chips-plus’ bill advances toward final passage in Senate

Tribune News Service

A bill to reduce reliance on China for semiconductors moves closer to a Senate vote

It would support domestic manufacturing of semiconductor chips that power the nation's smartphones, cars, computers and medical equipment. The bill cleared a procedural Senate vote Tuesday.

WEKU

This Is What Whales Are Betting On Taiwan Semiconductor

Someone with a lot of money to spend has taken a bullish stance on Taiwan Semiconductor (NYSE:TSM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Bill to boost semiconductor industry passes key Senate test

The Senate has advanced a $280 billion bill designed to boost the U.S. semiconductor industry and to accelerate high tech research that backers say will be critical to the economy in future decades

The Independent UK

The CHIPS Act Could Send These 3 Stocks Soaring

The Senate is expected to pass the much-awaited CHIPS Act this week. The $52 billion funding aims to bolster domestic manufacturing and incentivize investment in this sector. The potential passage of this bill can propel quality semiconductor stocks Intel (INTC), United Microelectronics (UMC), and Photronics (PLAB) to soar higher. Let’s…

StockNews.com

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Roll Call

‘Chips-plus’ bill advances toward final passage in Senate - Roll Call

An economic competitiveness package meant to boost semiconductor manufacturing and scientific research is on track to pass the Senate.

Roll Call

How the 'chips-plus' bill grew by nearly 1,000 pages - Roll Call

A handful of senators said they wouldn’t support a semiconductors incentive bill unless it also included science provisions.

Bangkok Post

Biden presses Congress to pass $52bn semiconductor subsidies

WASHINGTON: President Joe Biden on Monday pushed Congress to pass a bill providing domestic semiconductor manufacturers with $52 billion in subsidies to cut reliance on foreign sourcing for the vital component.

The Independent UK

Biden presses computer chips case in advance of Senate vote

Calling semiconductors “the building blocks for the modern economy,” President Joe Biden is asking Congress to move quickly and send him a bipartisan bill designed to boost the computer chips industry and high-tech research in the United States

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Bangkok Post

Output to fall short of 1.8m target

Thailand's car manufacturing is likely to fall short of a target of 1.8 million units this year due to various factors, notably the protracted global semiconductor shortage, says the Federation of Thai Industries (FTI).

The Japan News/Yomiuri

Japan-U.S. 2+2 economic talks to boost tech cooperation

WASHINGTON -- Japan and the United States will discuss ways to drastically reinforce bilateral cooperation in economic security areas, including the protection of semiconductors and other advanced technologies, at their first ministerial-level "Economic 2+2" dialogue.

The Independent UK

Semiconductor bill unites Sanders, the right — in opposition

A bill to boost semiconductor production in the United States has managed to do nearly the unthinkable — unite Sen. Bernie Sanders and the tea party

StockNews.com

Forget Tesla, Try These 2 Automotive Stocks Instead

While supply chain issues and interest rate hikes affect the auto manufacturing industry, the shift to electric vehicles (EV) should help the industry grow in the long run. Semiconductor shortage, increasing competition, and high valuation make EV giant Tesla’s (TSLA) near-term prospects bleak. However, sound fundamentals and expansion into new…

Roll Call

Microchips and drug pricing - Roll Call

This episode of CQ Budget examines the challenges ahead for the passage of bills to bolster semiconductor manufacturing and lower drug prices.

Tribune News Service

Senators seek to clear procedural hurdles on unfinished business

Senate leaders are looking to clear legislation that would expand veterans health and disability benefits after passing a semiconductor manufacturing incentives and science package, but getting both bipartisan priorities done next week will require cooperation from all 100 senators.

Roll Call

Senators seek to clear procedural hurdles on unfinished business - Roll Call

Senate leaders are looking to clear legislation that would expand veterans benefits after passing a semiconductor and science package.

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