Simon Keeton

Texas Instruments Wins $4.6 Billion in #ChipsAct Grants, Loans - Funding will support $18 billion in spending in #Texas, #Utah - Biden administration almost finished allocating #chips grants Texas Instruments Inc. is set to receive $1.6 billion in Chips Act grants and $3 billion in loans, the #Bidenadministration announced Friday, marking the latest major award from a program designed to boost #American #semiconductormanufacturing. The funding will help pay for one factory in Utah and two in Texas — projects that will cost about $18 billion through 2029 — the Commerce Department said in a statement. The effort is expected to generate around 2,000 #manufacturing #jobs and thousands more in #construction. In total, #TexasInstruments plans to spend around $40 billion across both states, including an additional two factories in #Sherman, Texas. It’s likely that those will come online after 2030, and the Commerce Department has said it will prioritize projects that will be done by the end of the decade. Thanks again to Mackenzie Hawkins and Bloomberg for the full article with more background and insights via the link below 💡🙏👇 https://lnkd.in/eFiP2W4P #semiconductorindustry #semiconductors #semiconductor #technology #tech #it #chips #it #geopolitics #subsidies #usa #innovation #chip #ic

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Gartner predicts 40% of data centers are likely to be power constrained by 2027. This means innovative new materials are essential to meeting #AI’s power demands. It also means the semiconductor industry has a growing impact on the environment. Semiconductor Engineering thoroughly broke down how our ecosystem is innovating to minimize power usage, across all stages of their operations. We’re proud to do our part at Atomera, mitigating AI’s power demands with advanced materials that enhance #semiconductor performance and efficiency. Read about the #IC industry’s range of #sustainability efforts: https://bit.ly/4eIsY24

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When revenue and profitability don't follow investments fast enough. however there is no short cut in 3rd generation of Semi Conductors. the facts are they last 30y+ Wolfspeed has been leading the transition. at all steps of the supply starting from Materials, and it wouldn t be fair to treat them as a speculative asset ...! yet they need to generate revenue faster https://lnkd.in/giznB2n5

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Great CNBC interview from our CEO, Vince Roche, discussing our earnings today! I'm very proud of #teamADI for managing this cycle so well while preparing for a brisk future. ADI holds such a privileged position at the physical/molecular edge, architecting the intelligent edge together with our customers. Our earnings this morning (https://ow.ly/2ENv50RQPA6) provide some highlights of our journey in shaping the future together: - Improving Healthcare: We are gaining momentum in the fast-growing surgical robotics market, where our precise signal processing and connectivity products make a big difference for people around the world. - Advancing Industrial: We’re working with our customers to build the Digital Factory of the future, moving to higher bandwidth industrial Ethernet that can connect up to 10 times more devices on the factory floor. - Using AI: We’re adding AI to our technology to meet customer needs faster. For example, we’re using AI in our power management platform to adjust power trees for changing consumption patterns in data centers. Our solutions make it easier and quicker for power engineers, saving money and time. There were many more examples, such as optical connectivity infrastructure for AI, neural networks for audio, GMSL for ADAS, BMS in Europe.... too many to count! To my team: you know who you are and should enjoy this proud moment! A heartfelt thank you to our brilliant customers. Through our impactful partnerships – with trust, ambition, and courage - we are able to stay ahead of what’s possible and unlock breakthroughs that positively impact people and the planet! Chris W. Shalini Palmer Jerry Fan Katsu Nakamura Jim Mollica Jodi Dahlgard Elise Heffelfinger https://lnkd.in/e7Sf3Nrx

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Every single person on your team — no matter what their position is — should know and live by your company’s values. When I first joined Coherent Corp. (known as II-VI at the time) as a board member, we had 7 values. They were printed on the back of everyone’s business card but, still, I could never remember them all. In the wake of a large acquisition, I was walking around various facilities and chatting with everyone. I asked if anyone knew what our company’s values were — and no one knew them! That was a hint of an opportunity. I realized that the acquisition was a period of transformation for the company, and it was an opportunity to revisit our values. I remember studying the values of all the S&P 500 companies for inspiration, taking into consideration the founding values of II-VI as well as the values of the companies we had acquired. Eventually, I decided on: ICARE which stands for integrity, collaboration, accountability, respect and enthusiasm. Taken in that order, they have allowed our team to declare “I care” as the primary reason for working at Coherent and helping change the world. I firmly believe that values (and sticking to them) are integral to a company’s success. This might be a little bold to say but as far as I know, today, there’s no one in the company that doesn’t know what our values are.

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