如果您希望可以时常见面，欢迎标星收藏哦~ 德国经济部9日稍晚时在声明中指出，对德国主权地位而言，微电子「仍是特别重要的关键科技」， 且 政 府 正 在 进 行 一 项 长 期 策 略 ， 使 德 国 的 微 电 子 产 业 更 具 吸 引 力 。 资 助 芯 片 计 划 「 仍 然 可 以 利 用」；「这些计划也被考虑纳入2026年预算，目前正在国会走程序」。 彭博资讯2024年曾报导，德国政府已经批准20亿欧元补贴额，但迄今尚未拨款。德国经济部今年3 月曾表示，官员原先预料会有12家左右的厂商申请补助，但实际申请家数却达到预期的三倍之多， 大出当局意料。 德国半导体大厂英飞凌（Infineon）表示，削减补贴措施并不会影响该公司已经获准或已提出申请 的计划。 点这里加关注，锁定更多原创内容 *免责声明：文章内容系作者个人观点，半导体芯闻转载仅为了传达一种不同的观点，不代表半导体芯闻对该 观点赞同或支持，如果有任何异议，欢迎联系我们。 推荐阅读 10万亿，投向半导体 芯片巨头，市值大跌 黄仁勋：HBM是个技术奇迹 Jim Keller：RISC-V一定会胜出 全球市值最高的10家芯片公司 喜欢我们的内容就点 ...

Group 1 - Trump plans to distribute $1,000 to $2,000 to each American, funded by tariffs collected starting in April, totaling $21.5 billion, which he refers to as a "dividend" for the public [1] - In April, Trump announced a 10% tariff on all countries and additional tariffs on specific goods from India, causing concern among global traders and leading to increased prices for everyday items for American families [1] - By October, it was estimated that for every $3 spent by a family, approximately $1 was going to the government, indicating a significant impact on consumer spending [1] Group 2 - A court ruling in August stated that Trump's tariff imposition was overreaching, as the president cannot unilaterally use emergency powers to impose global tariffs, with the Supreme Court set to hear the case in November [3] - The Treasury Secretary warned that if the court rules against the government, it could lead to the refund of $1 trillion in tariffs, potentially allowing each household to reclaim nearly $8,000, but this could strain government finances further [3] Group 3 - Supporters argue that tariffs are a means to penalize unfair trade practices and help reduce national debt, while critics highlight that tariffs ultimately burden consumers with higher prices [5] - The economic implications of tariffs are significant, as they have previously cost American companies over $100 billion, and the current situation may lead to even more severe consequences [5] - The timing of the proposed cash distribution appears politically motivated, coinciding with the upcoming 2025 election, contrasting with Biden's focus on subsidies for chips and factory relocations [5] - The real issue lies in whether the president can bypass Congress to set regulations, with the Supreme Court's decision in November potentially shaping the future of the U.S. economy [5]

Group 1 - Intel has received $5.7 billion in cash from the U.S. government as part of an agreement where the government will invest a total of $8.9 billion in Intel's common stock, acquiring 9.9% of the company [1][3][5] - The CFO of Intel, Zinsner, indicated that the company will continue to seek external investments in the foundry sector and aims to improve yield rates to alleviate concerns regarding the loss of major clients in its foundry business [3] - The White House Press Secretary, Levitt, described the agreement as a creative solution and mentioned that the Commerce Department is finalizing the details of the deal [5] Group 2 - The $5.7 billion received includes previously allocated subsidies under the CHIPS and Science Act, while an additional $3.2 billion is designated for government-funded projects [5] - Intel had previously warned that the agreement with the U.S. government might provoke negative reactions from investors, employees, and other stakeholders [3]

Group 1: Pharmaceutical Sector - The pharmaceutical sector faced significant negative impacts following President Trump's announcement to reduce drug prices to 1/1400 to 1/1500 of current levels and impose tariffs on drugs [1][5]. - Major pharmaceutical companies experienced stock declines, with DexCom dropping over 7.6%, Moderna down 6.53%, Pfizer down 2.86%, and Merck down 2.36% after Trump's remarks [5]. Group 2: Intel and Government Stake - Intel's stock fell by 1.01% as the company warned that the U.S. government's 10% stake could pose risks to its business, potentially harming international sales and limiting future government subsidies [3]. - The agreement for the U.S. government to acquire 9.9% of Intel's shares was based on unspent subsidies totaling $5.7 billion, with the purchase price set at $20.80, which is $4 lower than the previous closing price of $24.80 [3].

Group 1 - The U.S. government is considering acquiring stakes in companies that received funding from the 2022 CHIPS Act, excluding larger semiconductor firms that are expanding investments in the U.S. [1] - U.S. Secretary of Commerce Howard Lutnick confirmed negotiations with Intel, aiming for a 10% equity stake in the struggling semiconductor company [1] - Concerns have risen among industry executives that the U.S. government may also seek stakes in major chip manufacturers like TSMC, Micron Technology, and Samsung [1] Group 2 - If the U.S. government demands to become a shareholder, TSMC may consider returning subsidies, with preliminary discussions already held among TSMC executives regarding this proposal [1]

Core Viewpoint - The Trump administration is considering a significant shift in U.S. industrial policy by potentially converting federal subsidies into direct equity investments in Intel, which could make the government its largest shareholder [1][6]. Group 1: Government Involvement - The Trump administration is discussing converting part or all of the funding from the CHIPS and Science Act into equity, potentially acquiring about 10% of Intel's shares [1]. - Intel is set to receive approximately $10.9 billion in subsidies for commercial and military purposes, which aligns closely with the estimated $10.5 billion needed for a 10% equity stake [1]. - The government’s potential investment reflects a broader trend of increased intervention in strategic industries, as seen in previous actions involving U.S. Steel and MP Materials Corp. [6]. Group 2: Market Reactions - Following reports of the government's potential investment, Intel's stock price initially dropped by 5.5% but later narrowed the decline to over 3.6% [1][4]. - In contrast, SoftBank's announcement of a $2 billion investment in Intel at $23 per share led to a rise in Intel's stock price during after-hours trading [1][5]. Group 3: Intel's Current Situation - Intel is currently facing stagnant sales growth and ongoing losses, struggling to regain its technological leadership in the industry [3][6]. - The new CEO, Pat Gelsinger, is focusing on cost-cutting and layoffs as primary measures to turn the company around [3]. - As of January, Intel had received $2.2 billion in subsidies, but it remains unclear how this amount will factor into the potential equity conversion [4]. Group 4: Strategic Investments - SoftBank's investment is seen as a vote of confidence in Intel's role in the expansion of advanced semiconductor manufacturing in the U.S. [1][5]. - The collaboration aims to deepen commitments to U.S. advanced technology and chip innovation [5]. - Intel received nearly $8 billion in subsidies last year, making it one of the largest beneficiaries of the CHIPS and Science Act [7].

Core Viewpoint - Intel's stock price has rebounded sharply, but its valuation has reached the highest level since the dot-com bubble, raising concerns among investors [1][2]. Group 1: Stock Performance and Valuation - Intel's stock price has increased by 28% this month, resulting in a market capitalization growth of approximately $24 billion [1]. - The expected price-to-earnings ratio for Intel over the next 12 months has risen to 53 times, the highest since early 2002 [1]. - Analysts express concerns that such a high valuation reflects a significant bet on government support for Intel's recovery [1][2]. Group 2: Government Involvement - There are rumors that the Trump administration is exploring a plan to acquire about 10% of Intel's shares, potentially converting existing subsidies into non-voting equity [2]. - The U.S. government's plans are still uncertain and have not been finalized [2]. - Market strategists warn that government intervention may provide short-term benefits but could lead to long-term challenges for Intel [2]. Group 3: Financial Performance and Future Outlook - Intel has faced significant losses, with approximately $1.3 billion in losses over the past four quarters, but is expected to generate over $1 billion in adjusted profits in the next four quarters [2][4]. - The company's average annual profit from 2018 to 2021 was over $20 billion, highlighting a stark contrast to its current financial struggles [2]. - Analysts are cautious about Intel's ability to achieve growth due to its technological lag and the challenges of cost-cutting measures [4]. Group 4: Analyst Sentiment - Less than 8% of analysts recommend buying Intel stock, while nearly 80% maintain a neutral rating [4]. - Intel's stock price is significantly above the average target price of $22, indicating limited upside potential compared to other Nasdaq 100 components [4]. - Despite the challenges, there is still some optimism regarding CEO Pat Gelsinger's cost-cutting measures and expansion plans for the foundry business, although concerns about abandoning technological competition persist [4].

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：本文编译自路透社 ，谢谢。 芯片制造商 Wolfspeed 对 2026 年营收的预测低于华尔街预期，并于周四公布第三季度营收下降 7%，导致其股价在盘后交易中下跌 11%。 该公司使用碳化硅（一种比传统硅更节能的材料）制造芯片，但受到电动汽车普及速度低于预期以 及新关税导致汽车零部件价格上涨的影响。 这些因素导致客户推迟产品发布，从而削弱了对 Wolfspeed 产品的需求。 更广泛的宏观经济挑战，包括高利率和资本成本上升，也推迟了工业和能源领域的投资周期，这可 能会进一步给订单活动带来压力。 该公司预计 2026 年营收为 8.5 亿美元，低于分析师预期的 9.587 亿美元。 然而，在特朗普政府呼吁立法者废除《芯片法案》下的联邦资金后，拜登时代承诺为国内芯片制造 业提供补贴的法案的未来仍不确定。这导致Wolfspeed的股价在3月份下跌了一半，跌至27年来的 最低点。 Wolfspeed 报告第三季度每股净亏损为 72 美分，而预计每股亏损为 82 美分。 Wolfspeed，还好吗？ 如果您不熟悉，Wolfspeed 生产的是碳化硅。这种对普通硅的改进使 ...

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容 编译自nytimes ，谢谢。 上周，特朗普总统在国会发表讲话时，偏离了演讲稿，转而攻击一个敏感话题—— 《芯片法案》。 这是一项跨党派法律，旨在减少美国在半导体方面对亚洲的依赖。 过去几个月，共和党议员一直在寻求并得到保证，特朗普政府将支持国会制定的计划。但特朗普在 讲话中途称这项法律是"非常可怕的事情"。 他向议长迈克·约翰逊表示："你们应该废除儿童健康保险计划法案"，一些议员对此鼓掌表示赞赏。 CHIPS 计划是近年来为数不多的能使华盛顿大部分地区团结起来的计划之一，两党议员与私营企业 合作起草了一项法案，该法案将投入 500 亿美元重建美国半导体行业，该行业生产用于驱动汽车、 电脑和咖啡机的基础技术。在总统小约瑟夫·R·拜登于 2022 年签署该法案后，各公司在亚利桑那 州、纽约州和俄亥俄州找到了新工厂的地点。商务部审查了这些计划，并开始发放数十亿美元的补 助金。 现在，特朗普威胁要推翻多年的工作成果。八位知情人士表示，芯片公司高管担心资金可能会被收 回，他们正在打电话给律师，询问政府在终止已签署的合同方面有哪些回旋余地。 演讲结束后，支持 CHI ...

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容 编译自technews ，谢谢。 美国总统川普在国会发表讲话时再次抨击了拜登政府时代签署的《芯片与科学法案》，表示美国的 巨额资金补贴毫无意义，应该废除该法案。而如果一但芯片法案真的被废除，则作为主要受惠者的 台积电、英特尔、三星等半导体大厂将受到严重冲击影响，尤其是在台积电的部分，将导致其美国 晶圆厂的制造成本大幅上涨。 外媒报导，《芯片与科学法案》 是美国前总统拜登于2022 年8 月9 日在白宫正式签署的一项法 案，目的在推动美国半导体研发与制造业的发展，同时该法案还配套了约527 亿美元的政府补贴资 金，以及大笔低息贷款和25% 的税收减免。其中，约390 亿美元将直接提供给在美国本土建厂扩 产的半导体制造商。在拜登政府卸任前，美国商务部已经与台积电、英特尔等晶圆制造大厂签署了 正式的补贴协议，并且部分厂商已经获得了一部分的补贴资金。 然而，对于该法案，新上任的美国总统川普嗤之以鼻。之前就曾多次表示，应该以加征关税的措施 来推动国外半导体制造商在美国本土设厂，而不是通过补贴来吸引。川普在2025 年1 月曾经公开 表示，台湾约占全球芯片生意的98% ...