DeepSeek Shock Wipes $593 Billion Off Nvidia in a Single Day
Nvidia lost $593 billion in market value on January 27, 2025 — the largest one-day loss ever recorded for any U.S. company — after...
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Stargate: OpenAI, SoftBank and Oracle Announce $500 Billion AI Infrastructure Push
President Donald Trump joined OpenAI, SoftBank and Oracle at the White House on January 21, 2025 to announce Stargate — a joint venture...
Read MoreTSMC Begins 4nm Production in Arizona, a First for U.S. Advanced Chips
TSMC's Fab 21 in Phoenix, Arizona began volume production of 4-nanometer chips using its N4P process in late 2024 — the first time chips...
Read MoreIntel Lands Largest CHIPS Award: $8.5 Billion in Grants, $11 Billion in Loans
The Biden administration on March 20, 2024 announced the largest award yet under the CHIPS and Science Act: up to $8.5 billion in direct...
Read MoreNvidia Becomes First $1 Trillion Chipmaker on AI Boom
Nvidia joined the trillion-dollar club on May 30, 2023, becoming the first chip company in history to reach a $1 trillion market value...
Read MoreU.S. Imposes Sweeping Export Controls on Advanced Chips to China
On October 7, 2022, the U.S. Commerce Department's Bureau of Industry and Security published sweeping export-control rules restricting...
Read MoreBiden Signs CHIPS and Science Act: $52.7 Billion for U.S. Chips
President Joe Biden on August 9, 2022 signed the CHIPS and Science Act, a landmark bill providing $52.7 billion in subsidies for U.S....
Read MoreGlobal Chip Shortage Cripples the Auto Industry
A global shortage of semiconductors that began in 2020 forced automakers around the world to slash production through 2021. The crisis...
Read MoreIntel CEO Unveils 'IDM 2.0' Strategy and $20 Billion Arizona Expansion
New Intel CEO Pat Gelsinger outlined a sweeping turnaround plan on March 23, 2021, announcing a roughly $20 billion investment to build...
Read MoreTSMC to Build $12 Billion Chip Fab in Arizona
Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, announced plans in May 2020 to build a $12...
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