The Biden administration had already allocated US$7.5 billion for the purpose of expanding the electrical vehicle (EV) charging network. Recently, it announced that a subsidy of US$521 million will be added, benefiting 29 states and further pushing US EV infrastructure forward, making charging more convenient.

As the global demand for chips continues to grow, Arizona is positioning itself as America’s answer to Taiwan’s semiconductor prowess. The state is rapidly evolving into a powerhouse for chip manufacturing, with ambitious plans that mirror the successful clustering model that has made Taiwan a global leader in the sector.

Despite short-term fluctuations in the global automotive market, Felicity Carson, Senior Vice President of Onsemi, told DIGITIMES that the goal for its silicon carbide (SiC) business in 2024 is to grow at twice the market rate.

Following Broadcom’s acquisition of VMware, there has been significant interest in how the two companies will evolve and whether the merger will generate any notable synergy for the broader group.