➀ TSMC announced the launch of its 12-inch wafer factory in India, a joint venture with Tata Group.
➁ The factory, located in Gujarat, is set to receive $11 billion in investments and aims to create over 20,000 high-tech jobs.
➂ TSMC will provide technology transfer and training, while Tata Group and the Indian government will fund the investment.
➀ U.S. AI giant NVIDIA is reportedly planning to collaborate with India to develop AI chips;
➁ NVIDIA CEO Jensen Huang proposed the idea during a meeting with Indian Prime Minister Narendra Modi;
➂ The Economic Times reports that India is in discussions with NVIDIA about jointly developing an AI chip.
➀ India's semiconductor industry has made significant progress under the government's $76 billion incentive fund for the India Semiconductor Mission (ISM) launched in December 2021.
➁ The first phase of ISM has approved five semiconductor projects, including four chip packaging factories and one chip manufacturing factory, to be operational between 2025 and 2027.
➂ Experts are urging the next phase of ISM to focus on partnerships with global semiconductor leaders, expanding the ecosystem for raw materials like chemicals and gases, and increasing efforts to train skilled talent for the growing industry.
