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SK hynix is building its first high-bandwidth memory (HBM) packaging base in Indiana with a $4 billion investment, backed by US government funding under the CHIPS Act, with operations set to start by 2028-2029.
Kara Swisher and former Commerce Secretary Gina Raimondo discuss the looming AI job crisis, criticizing Congress for failing to prepare workers and proposing a bipartisan effort to address the impact of AI on employment.
Coherent breaks ground on an expanded facility in Texas, backed by a $50 million CHIPS Act grant, to scale production of optical components and compound semiconductors essential for AI infrastructure. NVIDIA CEO Jensen Huang highlighted the critical role of optics in enabling large-scale AI systems.
The European Commission published a legislative package on technological sovereignty, including the Chips Act 2.0 and Cloud and AI Development Act, after the US restricted Anthropic's advanced AI models to foreign nationals, highlighting the EU's dependence on US tech suppliers.
The European Commission announces a comprehensive strategy for technological sovereignty, including the Chips Act 2.0, Cloud and AI Development Act, EU Open Source Strategy, and a roadmap for digitalization and AI in energy.
The US government invested $2 billion in quantum computing startups using funds from the CHIPS and Science Act, but Congressmember Zoe Lofgren argues the investment is illegal because the money was allocated for semiconductor R&D, not quantum computing.