#art & business

[jcmarchi]

US launches $1.6B bid to outpace Asia in packaging tech

New Post has been published on https://thedigitalinsider.com/us-launches-1-6b-bid-to-outpace-asia-in-packaging-tech/

US launches $1.6B bid to outpace Asia in packaging tech

.pp-multiple-authors-boxes-wrapper display:none; img width:100%;

The US is betting big on the future of semiconductor technology, launching a $1.6 billion competition to revolutionise chip packaging and challenge Asia’s longstanding dominance in the field. On July 9, 2024, the US Department of Commerce unveiled its ambitious plan to turbocharge domestic advanced packaging capabilities, a critical yet often overlooked aspect of semiconductor manufacturing. 

This move, part of the Biden-Harris Administration’s CHIPS for America program, comes as the US seeks to revitalise its semiconductor industry and reduce dependence on foreign suppliers. Advanced packaging, a crucial step in semiconductor production, has long been dominated by Asian countries like Taiwan and South Korea. By investing heavily in this area, the US aims to reshape the global semiconductor landscape and position itself at the forefront of next-generation chip technology, marking a significant shift in the industry’s balance of power.

US Secretary of Commerce Gina Raimondo emphasised the importance of this move, stating, “President Biden was clear that we need to build a vibrant domestic semiconductor ecosystem here in the US, and advanced packaging is a huge part of that. Thanks to the Biden-Harris Administration’s commitment to investing in America, the US will have multiple advanced packaging options across the country and push the envelope in new packaging technologies.”

The competition will focus on five key R&D areas: equipment and process integration, power delivery and thermal management, connector technology, chiplets ecosystem, and co-design/electronic design automation. The Department of Commerce anticipates making several awards of approximately $150 million each in federal funding per research area, leveraging additional investments from industry and academia.

This strategic investment comes at a crucial time, as emerging AI applications are pushing the boundaries of current technologies. Advanced packaging allows for improvements in system performance, reduced physical footprint, lower power consumption, and decreased costs – all critical factors in maintaining technological leadership.

The Biden-Harris Administration’s push to revitalise American semiconductor manufacturing comes as the global chip shortage has highlighted the risks of overreliance on foreign suppliers. Asia, particularly Taiwan, currently dominates the advanced packaging market. According to a 2021 report by the Semiconductor Industry Association, the US accounts for only 3% of global packaging, testing, and assembly capacity, while Taiwan holds a 54% share, followed by China at 16%.

Under Secretary of Commerce for Standards and Technology and National Institute of Standards and Technology (NIST) Director Laurie E. Locascio outlined an ambitious vision for the program: “Within a decade, through R&D funded by CHIPS for America, we will create a domestic packaging industry where advanced node chips manufactured in the US and abroad can be packaged within the States and where innovative designs and architectures are enabled through leading-edge packaging capabilities.”

The announcement builds on previous efforts by the CHIPS for America program. In February 2024, the program released its first funding opportunity for the National Advanced Packaging Manufacturing Program (NAPMP), focusing on advanced packaging substrates and substrate materials. That initiative garnered significant interest, with over 100 concept papers submitted from 28 states. On May 22, 2024, eight teams were selected to submit complete applications for funding of up to $100 million each over five years.

According to Laurie, the goal is to create multiple high-volume packaging facilities by the decade’s end and reduce reliance on Asian supply lines that pose a security risk that the US “just can’t accept.” In short, the government is prioritising ensuring America’s leadership in all elements of semiconductor manufacturing, “of which advanced packaging is one of the most exciting and critical areas,” White House spokeswoman Robyn Patterson said.

The latest competition is expected to attract significant interest from the US semiconductor ecosystem and shift that balance. It promises substantial federal funding and the opportunity to shape the future of American chip manufacturing. As the global demand for advanced semiconductors continues to grow, driven by AI, 5G, and other emerging technologies, the stakes for technological leadership have never been higher.

As the US embarks on this ambitious endeavour, the world will see if this $1.6 billion bet can challenge Asia’s stronghold on advanced chip packaging and restore America’s position at the forefront of semiconductor innovation.

(Photo by Braden Collum)

See also: Global semiconductor shortage: How the US plans to close the talent gap

Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including Intelligent Automation Conference, BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.

Explore other upcoming enterprise technology events and webinars powered by TechForge here.

Tags: ai, AI semiconductor, artificial intelligence, chips act, law, legal, Legislation, Politics, semiconductor, usa

[heysye]

two hallowbeanz

[massispost]

New Post has been published on https://massispost.com/2024/12/us-ambassadors-fund-supports-preservation-of-artsakhs-written-cultural-heritage/

US Ambassador’s Fund Supports Preservation of Artsakh’s Written Cultural Heritage

YEREVAN – The Mesrop Mashtots Institute of Ancient Manuscripts has launched a project to restore and promote the written heritage of Nagorno-Karabakh, housed in the Matenadaran. This initiative is supported by the United States through the US Ambassador’s Fund for the Preservation of Cultural Values, which has allocated $74,000 for its implementation. The project focuses on manuscripts and unique archival documents from the 13th to 18th centuries, created and illustrated in historic Armenian monasteries such as Gandzasar, Dadivank, Gndevank, Khadavank, and Gtchavank. These works aim to shed light on Armenia’s rich cultural heritage and address historical gaps. Ara Khzmalyan, Director…

[bdpst24]

Kert a falak között: a Hungarian Art & Business új kortárs kiállítással várja a látogatókat

Kert a falak között: a Hungarian Art & Business új kortárs kiállítással várja a látogatókat

Az MBH Bank Művészeti Alapítvány támogatásával működő Hungarian Art & Business (HAB) újabb különleges időszaki kiállítással készül a művészetkedvelők számára: a „Kert. Az élet lehetősége” című kortárs tárlat az ember és természet kapcsolatának mélyebb rétegeit tárja fel, a kertet mint az ember által alakított természet szimbolikus helyszínét vizsgálva. A HAB művészeti igazgatója, Vékony Délia…

[todayworldnews2k21]

Artist rejects photo prize after AI-generated image wins award | CNN

CNN  —  A German artist has rejected an award from a prestigious international photography competition after revealing that his submission was generated by Artificial Intelligence (AI). Berlin-based Boris Eldagsen won the creative open category at this year’s Sony World Photography Award with his entry “Pseudomnesia: The Electrician.” The eerie black and white image shows two women from…

[thejoyofviolentmovement]

Photography: Day of the Dead Long Island City and Sunnyside, Queens, NYC 11/2/24

Photography: Day of the Dead Long Island City and Sunnyside, Queens, NYC 11/2/24 @SunnysideShines @longislandcity

  Photography: Day of the Dead Long Island City and Sunnyside, Queens, NYC…

[directsellingnow]

समय को अपने पक्ष में कैसे करें: Dr. Debi Prasad Acharjya के साथ समझें Art of Strategic Timing

Art of Strategic Timing: Direct Selling Industry में सफ��ता सिर्फ मेहनत का नतीजा नहीं है; यह सही समय पर सही कदम उठाने (Art of Timing) की कला के साथ जुड़ी होती है। चाहे नया प्रोडक्ट लॉन्च करना हो, नेटवर्क का विस्तार करना हो, या कोई व्यावसायिक निर्णय लेना हो, सही समय पर काम करना जरूरी है। इस सेमिनार में हम राजनीतिक समय (Strategic Timing) के महत्व को समझेंगे और इसके व्यावहारिक तरीके (Practical…

[inreportsnewsofficial]

Cracks in Bihar NDA? Here's what a former BJP MP had to say about Deputy CM Samrat Choudhary.

Reports of internal conflict in the decision National Democratic Alliance (NDA) surfaced days after the results of the Lok Sabha Elections 2024 in Bihar were announced, after which the Bharatiya Janata Party (BJP)-led coalition government at the Centre. The BJP won 12 of the 17 Lok Sabha seats it contested in Bihar. The Janata Dal (United), led by Chief Minister Nitish Kumar, won 12 of the 16…

[linusjf]

Thomas C. Watson Sr.: Crackpot

“Follow the path of the unsafe, independent thinker. Expose your ideas to the danger of controversy. Speak your mind and fear less the label of “crackpot” than the stigma of conformity. ” —Thomas C. Watson Sr. English: image of IBM President , @1920s, from IBM Corporate Archives (Photo credit: Wikipedia)

[penpoise]

Fitness Connection: Weaving Health and Happiness Together

Fitness Connection: Weaving Health and Happiness Together I. Introduction A. Definition of Fitness Connection B. Importance of Fitness in Daily Life II. The Link Between Exercise and Mental Health A. How Exercise Impacts Mental Well-being B. The Role of Fitness Connection in Stress Reduction III. Physical Fitness and Its Components A. Cardiovascular Fitness B. Strength Training C.…

[jcmarchi]

Broadcom's AI surge challenges Nvidia's dominance

New Post has been published on https://thedigitalinsider.com/broadcoms-ai-surge-challenges-nvidias-dominance/

Broadcom's AI surge challenges Nvidia's dominance

.pp-multiple-authors-boxes-wrapper display:none; img width:100%;

Riding the AI wave, semiconductor giant Broadcom has joined the stampede of companies chasing Nvidia for a piece of the lucrative AI chip market. The computing and software conglomerate is up more than 66% in the past year, as it makes power moves to establish itself as one of the most dominant players in AI today. Broadcom has been making aggressive moves that have piqued the interest of analysts and investors, from buying VMware in a $61 billion deal to strengthen its data centre and cloud chops, to investments in AI chip R&D.

Central to Broadcom’s AI aspirations now is its fast-growing AI-connected chip business, which the company said it now forecasts will bring in an astounding $11 billion in revenue for fiscal 2024, up from a previous forecast of $10 billion. Combined with a 15% jump in Broadcom Inc shares recently, the upward revision reinforces the strong appetite for chips driving the rise of generative AI.

Morningstar analysts agreed in a note to Reuters that Broadcom remains “we continue to see Broadcom as incredibly well-positioned to benefit from rising generative AI investment in the long term,” — a view widely held on Wall Street. A second explanation for the upswing in AI for Broadcom is essentially through buying or investing very well over the years.

They come as one of three planned spinoffs in Dell’s drive to become a full-fledged cloud computing firm with the $61 billion acquisition of VMware next year, which also added $50 billion to its market capitalisation, per FactSet data. In addition, Broadcom has been ramping up its own custom AI chip business, inking deals with tech giants including Alphabet’s Google and Meta Platforms.

In March, the company revealed that a third unidentified customer was using its custom AI chips, which gave its business credibility in this high-stakes industry. According to Reuters, “At an investor conference on Wednesday, Broadcom said it will produce the new custom AI chips for ‘hyperscaler’ buyers that are mostly Alphabet’s Google and Meta Platforms.”

Diversified revenue streams and investor optimism

Broadcom’s software division, bolstered by the VMware acquisition, added $2.7 billion to its second-quarter revenue, further diversifying the company’s revenue streams and positioning it as a formidable force in the AI ecosystem. The company’s stock performance reflects this optimism, with shares surging 76% over the past 12 months and closing at a staggering $1,495.5 on Wednesday. 

Broadcom’s recent announcement of a 10-for-1 stock split, a move reminiscent of Nvidia’s strategy, is expected to further fuel investor enthusiasm. “It’s a sure-fire way to send your stock soaring,” Triple D Trading analyst Dennis Dick told Reuters, commenting on the stock split, adding that the move was “right out of Nvidia’s book.”

Nvidia’s dominance and competitive pressure

Broadcom is progressing, but Nvidia is still the leader in this space. For years, Nvidia has benefited from the first-mover advantage of producing AI chips that cater to a long tail of applications while favoring innovation over turning in big volume. While that balance appears to be in flux, Broadcom’s recent wins shed light on how the writing may be on the wall for a boom in AI now benefiting more than just one company.

This new contender has even forced Nvidia’s CEO Jensen Huang to admit that ‘a resurgent Broadcom (and other start-ups) have planners at Nvidia nervous. Huang, for his part, stressed how the company must continue to innovate to ensure that it remains ahead of its peers. Nevertheless, competition has yet to make a dent on Nvidia’s enviable lead in the AI chip market as the company busily cranks out its top-performing AI tech.

Broadcom vs Nvidia: The battle for AI chip supremacy

Unlike Nvidia’s graphics processing units which have long dominated the industry, Broadcom’s custom AI chips – or application-specific integrated circuits – might offer a great business opportunity for tech giants with massive and steady-state AI workloads. These bespoke chips require considerable initial capital investment but they can offer large cost savings in both CapEx and power consumption, which sets them up as a more cost-effective (if less general purpose) option to Nvidia’s.

Also bullish on Broadcom is Piper Sandler analyst Harsh Kumar, who writes, “We continue to see [Broadcom] as the best AI play [excluding Nvidia] due to its strong positioning in the custom ASIC business along with its strong software portfolio.”

Broadcom’s multi-pronged strategy of pumping cash into buyouts, offering bespoke chips and expanding into a software business has established it as a strong rival, as the AI revolution shows few signs of abating. Nvidia is still the undisputed leader in the industry, but Broadcom’s bold AI play here was enough to light a fire under investors and analysts both, sowing the seeds of what could become an epic showdown in the market for AI chips.

(Photo by Kenny Eliason)

Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including Intelligent Automation Conference, BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.

Explore other upcoming enterprise technology events and webinars powered by TechForge here.

Tags: ai, artificial intelligence, broadcom, Nvidia

[ladyflavanews]

A&E | It’s Time To Handle Business

If you: Perform Create Sell Design Promote Public Figure Small Business People should be able to Google you to find out more about you. Understand the business, your people skills, presentation and ability to prove your skills. Make sure there is a solid place that you can be found on the internet. Are you Googleable? LadyFlava of LadyFlavaNews Industry Advice LadyFlava of…

[massispost]

New Post has been published on https://massispost.com/2024/11/glendales-artsakh-creative-retail-pop-up-accelerator-program-welcomes-new-tenants/

Glendale’s Artsakh Creative Retail Pop-Up Accelerator Program Welcomes New Tenants

GLENDALE  – In its continued effort to support and uplift local businesses, the City of Glendale’s highly successful Artsakh Creative Retail Pop-Up Accelerator Program is proud to announce the addition of two new tenants: No Easy Props, a hip-hop studio for all ages and skill levels, offering a dynamic space to learn, grow, and express through movement and Wallflower Market LA, a female-run pop-up marketplace that champions small businesses and community collaboration. Now in its 5th phase, the Artsakh Creative Retail Program supports small business owners looking to grow into brick-and-mortar stores by providing six months of free rent in City-owned…

[bdpst24]

Nagyra tárt kertkapu: hamarosan új kiállítás nyílik a Hungarian Art & Business művészeti központban

Nagyra tárt kertkapu: hamarosan új kiállítás nyílik a Hungarian Art & Business művészeti központban

Újabb időszaki kiállítás megnyitására készül az MBH Bank Művészeti Alapítvány támogatásával működő Hungarian Art & Business (HAB) művészeti központ, amely ezúttal a kert mint ember által alakított természet világába invitálja majd a látogatókat. A „Kert. Az élet lehetősége” című, egyedülálló kortárs tárlat az ember és természet kapcsolatát újraértelmező művészeti alkotások révén kínál olyan…

[jasonaaronpro]

Sustain Art & Music Festival Special: The Last Revel, Armchair Boogie, and Starlight Distillery / Huber Winery

In this episode of IN the Loop TV Show, join us as we feature The Last Revel, Armchair Boogie, and Starlight Distillery / Huber Winery, all of whom play a significant role in the upcoming Sustain Art & Music Festival. Don't miss it!

Join us for this exciting episode of IN the Loop TV Show as we explore the upcoming Sustain Art & Music Festival. Get up close and personal with The Last Revel and Armchair Boogie as they discuss their music and involvement in the festival, and dive into an interview with James Wood of Starlight Distillery and Huber Winery, the event’s spirit and wine sponsor. Learn about their dedication to…

[thejoyofviolentmovement]

Link: The Sunnyside Shines ‘Taste of Sunnyside’ Food Crawl Celebrates 14 Years

Link: The Sunnyside Shines ‘Taste of Sunnyside’ Food Crawl Celebrates 14 Years

https://queensledger.com/2024/10/24/taste-of-sunnyside-showcases-sunnysides-diversity-14th-annual-food-event-offers-all-inclusive-food-beer-and-wine-tastings-at-an-affordable-price-point Earlier this month, I covered Sunnyside Shines Business Improvement District (BID)‘s 14th Annual Taste of Sunnyside for the Queens Ledger. Check it out, folks.