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Tag: GlobalFoundries

New York Joins IBM, Micron in $10 Billion Chip Research Complex
11Dec By adminNo Comments
World

New York Joins IBM, Micron in $10 Billion Chip Research Complex

Updated Dec. 11, 2023 12:26 pm ETNew York state is joining chip companies to invest $10 billion in a semiconductor research facility near the University at Albany that is set to bring advanced chip-making equipment to the state.NY Creates, a nonprofit that oversees the Albany NanoTech Complex where the facility is to be built, will coordinate its construction. It will also use state funds to acquire chip-making equipment from ASML Holding, a Dutch company whose machines can cost hundreds of millions of dollars and are key to making the most advanced chips possible.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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New York Joins IBM, Micron in $10 Billion Chip Research Complex
11Dec By adminNo Comments
Technology

New York Joins IBM, Micron in $10 Billion Chip Research Complex

Dec. 11, 2023 12:01 am ETNew York state is joining chip companies to invest $10 billion in a semiconductor research facility at the University at Albany that is set to include some of the most advanced chip-making equipment in the world.NY Creates, a nonprofit that oversees the Albany NanoTech Complex where the facility is to be built, will coordinate its construction. It will also use state funds to acquire chip-making equipment from ASML Holding, a Dutch company whose machines can cost hundreds of millions of dollars and are key to making the most advanced chips possible.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Auto Chip Makers Try to Avoid a Pileup
7Nov By adminNo Comments
Money

Auto Chip Makers Try to Avoid a Pileup

Cars need a lot of chips these days. That has been a godsend for the semiconductor industry—and also a big complication. The industry has been mired in a historic slump for more than a year now. The Semiconductor Industry Association, or SIA, reported last week that global chip sales in September fell 4.5% from the same period last year. That made for the 14th straight month of sales declines—a streak not seen in more than a decade. Much of the downturn has been due to weak sales of PCs, smartphones and other consumer and business electronics that saw a rise in demand earlier in the pandemic. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Auto Chip Makers Try to Avoid a Pileup
7Nov By adminNo Comments
World

Auto Chip Makers Try to Avoid a Pileup

Cars need a lot of chips these days. That has been a godsend for the semiconductor industry—and also a big complication. The industry has been mired in a historic slump for more than a year now. The Semiconductor Industry Association, or SIA, reported last week that global chip sales in September fell 4.5% from the same period last year. That made for the 14th straight month of sales declines—a streak not seen in more than a decade. Much of the downturn has been due to weak sales of PCs, smartphones and other consumer and business electronics that saw a rise in demand earlier in the pandemic. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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