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The Department of Commerce said it is still in complex negotiations with chip manufacturers to ensure the federal funding is wisely spent on providing a base for new fabs and research facilities.
A Windows release planned for next year may be the catalyst for a new wave of desktop chips with AI processing capabilities.
ASM is expanding operations in the state with a 20-acre Scottsdale campus that will allow the company to collaborate more closely with top customers like Intel.
Back in 2010, when the company shifted to its first Apple Silicon chips, R&D spending stood at $1.8 billion. That figure is now $30 billion.
Even though the US government has continued to ratchet up export restrictions on advanced semiconductor manufacturing equipment to China, organizations in the country have increased purchases of the technology.
In an updated version of its semiconductor market outlook, IDC has forecast that after a period of decline, chip industry revenue will hit $633 billion in 2024 .
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