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The Biden administration awards $238M via the Defense Department to set up eight chip research hubs, one of the earliest releases of the nearly $53B CHIPS Act (Ana Swanson/New York Times) 21-09-2023

Ana Swanson / New York Times: The Biden administration awards $238M via the Defense Department to set up eight chip research hubs, one of the earliest releases of the nearly $53B CHIPS Act  —  The $238 million in grants will set up eight research hubs, as a small slice of the federal money that will go to chip companies and research facilities in the coming months. Lees verder op Tech Meme

Korean game publisher Krafton says Dead Space developer Striking Distance's CEO Glen Schofield, COO, and CFO are leaving, months after its new game flopped (Jason Schreier/Bloomberg) 21-09-2023

Jason Schreier / Bloomberg: Korean game publisher Krafton says Dead Space developer Striking Distance’s CEO Glen Schofield, COO, and CFO are leaving, months after its new game flopped  —  Video-game developer Striking Distance Studios, a subsidiary of Korean publisher Krafton Inc., is appointing new management several months … Lees verder op Tech Meme

Japanese chipmaking equipment maker Kokusai Electric plans to raise ~$750M in an IPO on October 25 in Tokyo at a ~$2.95B valuation, pricing shares at ~$12.78 (Reuters) 21-09-2023

Reuters: Japanese chipmaking equipment maker Kokusai Electric plans to raise ~$750M in an IPO on October 25 in Tokyo at a ~$2.95B valuation, pricing shares at ~$12.78  —  Chipmaking equipment maker Kokusai Electric said on Thursday it plans to list on the Tokyo Stock Exchange on Oct. 25 … Lees verder op Tech Meme