A significant escalation in the global semiconductor competition has been marked by a surge in government subsidies, totaling $81 billion, as Western powers including the U.S. and Europe intensify efforts to achieve semiconductor supremacy over China. This financial push is part of a broader strategy to support domestic chip production and innovation, with nearly $380 billion earmarked by global governments for companies like Intel and TSMC to enhance the production of more powerful microprocessors. The investments aim to secure a technological edge, particularly in the development and application of AI technologies.
Global Chips Battle Intensifies With $81 Billion Subsidy Surge @business https://t.co/YQzAd01S9K
Global Chips Battle Intensifies With $81 Billion Subsidy Surge - BBG https://t.co/0MYCq0qhvG
Global Chips Battle Intensifies With $81 Billion Subsidy Surge https://t.co/2K0p2sPL9s https://t.co/FSnnC1uvJl
From Bloomberg TOP this AM: -Global Chips race jolted by $81bn in subsidies - Intel, Apollo near $11bn Chip Plant Deal -Biden ramps up war with China over Electric Vehicles We’re still in the hype cycle https://t.co/nA9w0VPWPU
Bloomberg: ‘Global Chips Battle Intensifies with $81 Bn Subsidy Surge’ Quick Take: Much of this is unnecessary corporate welfare. ASML is safely in Dutch hands. SK Hynix is safely in South Koreas hands. Tokyo Electron… you get it. Intel, GFS, Micron, AMD don’t need big… https://t.co/7PQSrz1JMO
Bloomberg: ‘Global Chips Battle Intensifies with $81 Bn Subsidy Surge’ Quick Take: Much of this is unnecessary corporate welfare. ASML is safely in Dutch hands. SK Hynix is safely in South Koreas hands Tokyo Electron… you get it. Intel, GFS, Micron, AMD don’t need big… https://t.co/Ua3M0elmDv
New: Superpowers led by the US & EU have funneled nearly $81b — of almost $380b planned — toward the race for chip supremacy, escalating a global showdown with China Here's a gift link to today's Big Take: https://t.co/21uM65tnPY https://t.co/N98rzQ3nnn
The US, the EU, and other superpowers have funneled nearly $81B towards supporting chip companies, the first wave of ~$380B earmarked by global governments (Bloomberg) https://t.co/onwTyAgVxH 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/LKt4JhoCZr
US-led superpowers' $81 billion surge in chip subsidies has pushed a global showdown with China to a critical turning point $NVDA $INTC $TSM $MU https://t.co/H5OUV5JXvZ via @business
Europe and the US are spending $81 billion on semiconductor supremacy https://t.co/VWm8Fd4B2R https://t.co/gInauhUN65
Europe, and the US are investing $81 billion to beat China to semiconductor supremacy. See the Brussels Edition for more. https://t.co/NclhrFEQLW
🇺🇸🇨🇳 WESTERN POWERS INVEST $80 BILLION IN CHIPS FOR A.I. SUPERAMCY An alliance of Western governments has earmarked huge sums for Korean and Taiwanese Semiconductor producers in a bid to stay ahead of Chinese technological competition. Advocates justify the move by referencing… https://t.co/5VV49oCR51
Global chips battle intensifies with $81 billion subsidy surge https://t.co/rs1gUDGrRF via @mackhawk @ianmking @DeutschJill @ynohara1 @GaoYuan86 https://t.co/SAb9CDhLq0
JUST IN: Bloomberg reports that close to $380 billion has been 'earmarked by governments worldwide for companies like Intel and TSMC to boost production of more powerful microprocessors'
Global semiconductor subsidies have hit all-time highs as governments around the world aggressively invest in domestic chip production and innovation https://t.co/j6Q1AhOkD7
The U.S. is competing to stay ahead of China on AI and its use in weapon systems. Here's what to know about the history of military development of AI, what technologies are on the horizon and how they will be kept under control. https://t.co/FiK0syklDj