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kaynes technology: Kaynes SemiCon OSAT to move from Telangana to Gujarat: Sources

Nearly five months after breaking ground, Kaynes SemiCon is shelving its plans to set up a chip assembly unit in Telangana and is instead moving it to Gujarat, officials aware of the development told ET.The outsourced semiconductor assembly and testing (OSAT) unit will now come up with an investment of Rs 5,000 crore (including Rs 1,000 crore working capital) at Sanand, Gujarat, where American chip maker Micron and Murugappa group’s CG Power are also putting up chip assembly, test, marking, and packaging (ATMP) units, the…

india semicon producers ashwini vaishnaw: With 5x the investment, India will be among top semicon producers by 2028: IT minister Ashwini…

Investment in the domestic semiconductor space will increase at least five times to 7.5 lakh crore, making India one of the top five semiconductor manufacturing nations by 2028, said Ashwini Vaishnaw, minister for electronics and IT, communications and railways.Vaishnaw told ET that the government will be focused on execution of India’s first semiconductor fab project, by the Tata group, along with two other chip assembly proposals, in record time.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Cabinet greenlights Tata Group’s chip fab unit in Gujarat; first semicon plant in northeast approved, ET Auto

This will be the first investment in a semiconductor packaging plant worth nearly INR 21,000 crore by the Assam government. It will be built jointly by the state government and Tata Group.The Cabinet on Thursday approved Tata's semiconductor chip fabrication unit in Gujarat with an outlay of nearly INR 50,000 crore, said Union Minister Ashwini Vaishnaw. Tata Sons chairman N Chandrasekaran had last year said that the conglomerate will announce its semiconductor chip fab

Fearing a shortage of AI chips, Sam Altman plans to invest in a network of semicon factories

Sam Altman, the CEO of OpenAI, is reportedly in discussions with major global investors to raise funds for a venture focused on establishing a network of semiconductor fabrication plants (fabs), according to sources familiar with the matter. The ambitious project aims to address concerns about the growing demand for chips, particularly in the context of the increasing prevalence of artificial intelligence (AI) applications. Altman has engaged in talks with potential investors, including G42 from…

Messe Muenchen India and SEMI join forces to host SEMICON India

The partnership augments the efforts by the government of India to propel India’s semiconductor ecosystem. SEMICON India will be collocated with Electronica India and Productronica India.Messe München India, the Indian subsidiary of one of the biggest Global exhibitors, Messe München GmbH and a leading organizer of trade fairs in India, and SEMI, the global industry association advancing growth for 3,000 member companies and helping the semiconductor industry deploy lifechanging tech worldwide, have officially inked a…