In a bold move reflecting the shifting dynamics of the technology sector, Advanced Micro Devices (AMD) has announced it is laying off approximately 1,000 employees, which is about 4% of its global workforce. This decision comes as the company aims to realign its focus towards the burgeoning artificial intelligence (AI) chip market, especially amid soaring […]
US Legislation Aims to Boost Chip Production
The recent passage of a bill by the US House of Representatives marks a significant step in facilitating semiconductor manufacturing in the United States. This new legislation aims to streamline federal permitting processes for chip manufacturers, potentially benefiting industry giants such as Intel and TSMC. In an era where technological advancement is crucial, addressing regulatory […]