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Showing posts from July 29, 2023

Micron Executive Discusses Plans to Bolster Chip Manufacturing in India With PM Modi

Micron Technology Chief Sanjay Mehrotra called on Prime Minister Narendra Modi on Friday and discussed plans to bolster the semiconductor manufacturing ecosystem within India. The Micron Technology Chief met the Prime Minister in Gujarat's Gandhinagar.  He is in India to attend the three-day ' SemiconIndia 2023 ' conference, which kicked off here on Friday. The conference, its second edition, organised by India Semiconductor Mission in partnership with industry and industry associations, is aimed to make India a global hub for semiconductor design, manufacturing and technology development. SemiconIndia was held in Bengaluru last year. The theme of the Conference is ‘Catalysing India's Semiconductor Ecosystem'. Regarding the meeting between the Micron Technology CEO and PM Modi, the Prime Minister's Office tweeted , “Mr. Sanjay Mehrotra, President and CEO of @MicronTech, met PM @narendramodi in Gandhinagar. They discussed Micron Technology's plans to b

US President Said to to Sign New Order to Limit US Tech Investments in China by Mid-August

US President Joe Biden is planning to sign an executive order to limit critical US technology investments in China by mid-August, according to people familiar with the internal deliberations. The order focuses on semiconductors , artificial intelligence and quantum computing . It won't affect any existing investments and will only prohibit certain transactions. Other deals will have to be disclosed to the government. The timing for the order, slated for the second week of August, has slipped many times before, and there is no guarantee it won't be delayed again. But internal discussions have already shifted from the substance of the measures to rolling out the order and accompanying rule, said the people familiar who spoke on condition of anonymity. The restrictions won't take effect until next year, and their scope will be laid out in a rulemaking process, involving a comment period so stakeholders can weigh in on the final version. A spokeswoman for the National Sec