ELECTRONIC NEWS HIGHLIGHT W24. 2024

1.Italy plans to invest 10 billion euros to expand chip production throughout 2024

According to reports, Italian Industry Minister Adolfo Urso recently announced that the Italian government plans to invest around 10 billion euros in the semiconductor industry throughout the year 2024.

“Italy is planning to become one of the largest manufacturers of microelectronics in Europe,” Urso said.

In March, Urso announced that Singaporean startup Silicon Box was investing 3.2 billion euros to build a chip factory in the north of the country.

“I am sure that in the coming weeks we will be able to make other important a announcements,” Urso emphasized.

Learn more: Italy plans tp invest 10 billion euros to expand chip production throughout 2024

2. IBM plans to spend $730 million to expand its semiconductor business in Canada

According to the report, IBM plans to invest more than 1 billion Canadian dollars (about 730 million US dollars) to expand its semiconductor packaging and testing plants in Canada over five years.

“Even when we make processors in factories in the United States or Canada, we still have to send they go to other areas for packaging. What we need is a complete supply chain.”

Thomas confirmed that IBM’s C$1 billion Bromont growth plan will take place between now and 2029. After months of negotiations with the Canadian government, IBM announced on April 26, 2024 the The initiative aims to create 280 technology jobs. The first phase is a C$227 million investment and includes IBM partner MiQro Collaborative Innovation Hub, which will expand the existing plant in Quebec and establish an R&D lab.

Learn more: IBM plans to spend $730 million to expand its semiconductor business in Canada

3.TSMC announces A16 chip progress in the second half of 2026

TSMC recently announced that its new chip manufacturing technology – A16, will enter production in the second half of 2026.

Analysts say that the technology announced by TSMC could make the industry question Intel’s statement in February 2024 that: “Intel will surpass TSMC to create the world’s fastest computing chip with new technology Intel 14A”.

TSMC said it is developing the new A16 chip production process faster than expected due to demand from artificial intelligence chip companies, but did not name specific customers.

In addition, TSMC believes that it does not need to use ASML’s new High NA EUV lithography machine to produce A16 chips. TSMC also revealed new behind-the-chip powering technology that accelerates AI chips and will launch in 2026.