India’s $10B USD investment in chip manufacturing has Intel’s attention

Join Humble Bundle now for 12 games for $12! Plus, keep your games forever.
- Advertisement - - Big savings on official Steam games

Within the midst of the semiconductor chip scarcity, it’s not simply firms, but additionally nations preventing to ramp up silicon manufacturing. Earlier this month, India’s Cabinet approved an incentive scheme for semiconductor growth. 

- Advertisement -

Ideas and recommendation

- Advertisement -
The Nvidia RTX 3070 and AMD RX 6700 XT side by side on a colourful background

(Picture credit score: Future)

How to buy a graphics card: tips about shopping for a graphics card within the barren silicon panorama that’s 2021

The transfer will embody organising over 20 manufacturing items over 6 years, and can work to incentivise not solely giant present firms but additionally startups trying to design and make semiconductors. Eligible firms can obtain as much as 50% of their arrange and operating prices for brand spanking new fabs in India. The whopping Rs 76,000 crore (About $10 Billion USD) incentive scheme additionally consists of plans to coach semiconductor engineers, so it’s clear the nation is critical about ramping up chip manufacturing.

Source link

View the best new releases at Fanatical!

Latest articles


Related articles

Leave a reply

Please enter your comment!
Please enter your name here