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![Microsoft](https://cdn.mos.cms.futurecdn.net/pEAbVkYaBqsikxC9Ve2iFi-320-80.jpg)
$300 million of CHIPS Act R&D funds is officially up for grabs as U.S Department of Commerce opens applications for packaging technology
By Matthew Connatser published
The Commerce Department is now accepting applications for up to three $100 million awards for semiconductor packaging R&D.
![Nvidia RTX 40-Series Super Models and CES 2024](https://cdn.mos.cms.futurecdn.net/L2r3w2K7csNXWZ5PCfzV9P-320-80.jpg)
Nvidia crosses $2 trillion market cap as AI demand and stock price soar -- becomes only fifth company to reach that benchmark
By Matthew Connatser published
As Nvidia's stock price breaks out above $800, its market capitalization has finally hit $2 trillion.
![Generic Intel CPU](https://cdn.mos.cms.futurecdn.net/hnTr88LT3Tn67rEcwckHEY-320-80.jpg)
US won't restrict exports of 'mature chips' to China — processors using 28nm or older tech will be free from sanctions
By Matthew Connatser published
A Department of Commerce official stated that sanctions on China wouldn't extend to "mature chips or legacy chips."
![Intel](https://cdn.mos.cms.futurecdn.net/HAbULDbutAKepbdVHT5AGT-320-80.jpg)
Dutch government minister talks about China's military advantage — May point to stricter sanctions in the future
By Anton Shilov published
Dutch government continues to grant ASML export license to ship litho tools to Chinese customers, but raises concerns about military and economic risks.
![GlobalFoundries](https://cdn.mos.cms.futurecdn.net/UQZKfuqADWAD3h7sEVezMF-320-80.png)
GlobalFoundries gets 1.5 billion from CHIPS fund, $600 million from NY state
By Anton Shilov published
GlobalFoundries to upgrade U.S. fabs using $1.5 billion funding it gets under the CHIPS act and $600 million from the state of New York.
![ASML EUV machine](https://cdn.mos.cms.futurecdn.net/VeUsd9vM4WBszDumWSs7gJ-320-80.jpg)
ASML dethrones Applied Materials, becomes world's largest fab tool maker: analyst
By Anton Shilov published
ASML's revenues in calendar 2023 are by $3 billion dollars higher than Applied Materials's revenue in 2023.
![Intel](https://cdn.mos.cms.futurecdn.net/7rCefYWm7DBJCpQsFtSxY3-320-80.jpg)
U.S. chip fab construction is among the slowest in the world
By Matthew Connatser published
A research paper has concluded that the slow pace of fab construction in the U.S. is largely down to suboptimal regulation.
![ASML](https://cdn.mos.cms.futurecdn.net/pSy7xJedzqveFGvQJgoiTj-320-80.jpg)
ASML explores Hyper-NA chipmaking tools as the next step in shrinking transistors
By Anton Shilov published
ASML mulls Hyper-NA lithography with a higher than 0.7 numerical aperture in 2030s.
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