President Trump defended an $8.9 billion Intel deal, claiming it cost “zero” and benefits the U.S. The government now owns 9.9% of Intel, totaling an $11.1 billion stake.

'Why are stupid people unhappy?': Trump insists he ‘paid zero’ in $9bn Intel deal despite critics’ fury

Advanced Micro Devices, Inc. (AMD) stated on November 13, that it will lay off 4 per cent of its global staff as the established computer chipmaker focuses on gaining a stronger foothold in the rapidly growing artificial intelligence chip space dominated by Nvidia, according to a detailed report by CNBC.

AMD to cut 4% of workforce, affecting approximately 1,000 jobs

Seen as a surprising turn of events, ASML Holding NV, a prominent player in the semiconductor equipment industry, saw its shares plummet by 15.7 per cent on October 15.

ASML's shares plunge following early earnings report and weaker outlook

Intel Corporation has been awarded up to $3 billion in funding under the CHIPS and Science Act, a landmark legislation aimed at boosting semiconductor manufacturing in the United States.

Intel awarded up to $3 billion under CHIPS Act to boost domestic supply chains in US

President Joe Biden is pushing back against low approval ratings by touting a measure that he says will help the U.S. create jobs and fight inflation. The CHIPS and Science Act also aims to boost U.S. competitiveness against China by allocating billions of dollars toward domestic semiconductor manufacturing and research. VOA's White House Bureau Chief Patsy Widakuswara has this report.

WION-VOA Co-Production: US passes new CHIPS and Science Act

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'Why are stupid people unhappy?': Trump insists he ‘paid zero’ in $9bn Intel deal despite critics’ fury

AMD to cut 4% of workforce, affecting approximately 1,000 jobs

ASML's shares plunge following early earnings report and weaker outlook

Intel awarded up to $3 billion under CHIPS Act to boost domestic supply chains in US

WION-VOA Co-Production: US passes new CHIPS and Science Act