The governor of Sonora, a state in northern Mexico, stated that his state wants to participate in the chip supply chain and export clean energy to California and Arizona,

During U.S. President Joe Biden’s visit to Hanoi, which has seen new AI and Boeing deals, executives from leading U.S. and Vietnamese companies in the semiconductor, IT, and aviation sectors gathered on Monday in an effort to create commercial alliances.

President Joe Biden will visit Vietnam to strengthen ties, and top American semiconductor and digital giants like Intel, GlobalFoundries, and Google are anticipated to attend a commercial summit in Hanoi on Monday.

The Vedanta Group and Foxconn both known companies have independently applied to the Indian government to set up semiconductor manufacturing facilities in India.

The Silicon Valley-based artificial intelligence semiconductor startup d-Matrix has received $110 million from investors include Microsoft

China is preparing to launch a new state-backed investment fund with a $40 billion funding goal for its chip industry.

Several of Arm Holdings Ltd’s clients have agreed to invest in the chip designer’s initial public offering, including Apple Inc. (AAPL.O), Nvidia Corp. (NVDA.O), Alphabet Inc. (GOOGL.O), and Advanced Micro Devices Inc. (AMD.O).

Intel Corporation has decided to terminate its $5.4 billion acquisition agreement, with Tower Semiconductor, a chipmaker. The reason behind this decision is the failure to obtain approval from China. This development highlights the impact of tensions between the United States and China on business deals. As part of the termination, Intel will pay Tower a breakup fee of $353 million.

Amazon is, among the tech giants that are investing in the IPO of Arm Ltd underscoring the significance of Arms computing capabilities. Amazon Web Services chip, known as Graviton is built on Arms design. Arm is aiming to secure funding in the range of $8 10 billion. Has set its sights on a debut on Nasdaq. The involvement of investors in Arm further strengthens customer relationships making its IPO more appealing as SoftBank Vision Fund works towards recovery efforts. With a pivot, towards high royalty data servers and PCs Arm is positioning itself for growth.

Tenstorrent, a Canadian firm, has received $100 million in financing from Hyundai, Samsung, and Kia to challenge Nvidia’s supremacy in AI chip supply.

Disco, a supplier of chipmaking devices is contemplating the idea of establishing a center, in India. This center would not provide support to clients. Also, serve as a marketing hub for the semiconductor industry. The fact that major companies like AMD and Micron Technology are investing significantly in India indicates a transformation, in the country’s semiconductor landscape.

In a striking move, JSR Corp (4185.T), a prominent manufacturer of photoresists crucial for chip fabrication, has astounded the industry with a momentous $6.4 billion agreement to go private, orchestrated by Japan Investment Corp, overseen by the trade ministry.