Biden announces major semiconductor deal with Intel to invest in four states
President Biden on Thursday will tout an agreement with Intel that will provide up to $8.5 billion to ramp up semiconductor manufacturing and expand the company’s operations in four states, the latest big deal from the bipartisan CHIPS/Science Act. It becomes an investment. Mr. Biden is scheduled to travel to Chandler, Arizona, and visit Intel’s […]
SOXX vs. FTXL: Not All Semiconductor ETFs Are the Same – Yahoo Finance
Semiconductor ETFs include Nvidia (NASDAQ:NVDA) reach new heights. However, not all semiconductor ETFs are the same. Both funds can focus on semiconductors, but there are other things investors need to consider, such as the types of semiconductor stocks they own, the weighting of those stocks in their portfolios, returns over time, and fees. There can […]
Largest US semiconductor maker snags $1.5B from stalled Chips Act for plants in NY, Vermont
The Biden administration gave $1.5 billion to the nation’s largest semiconductor maker. This is the first major subsidy from the $52 billion TIP law passed nearly two years ago. GlobalFoundries, the world’s third-largest contract chipmaker, will build a new semiconductor manufacturing facility in Malta, New York, and expand existing operations at the facility and another […]