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Welcome to the Semiconductor Social, Coalesce Management Consulting's monthly round-up of all the latest US news stories from the Semiconductor industry, brought to you by Principal Consultant Connor Evans. 

You can watch Connor's round-up of the biggest news stories from SoC, ASIC and full-chip design in the following video or read all the stories below. 

Samsung Delays Taylor Foundry

This month's top story comes from Samsung Electronics whose latest plans to build a new US Foundry in Taylor, Texas have been postponed until 2024.

The foundry, which is expected to cost around $17 billion and include product lines such as Artificial Intelligence, has been delayed as a result of the downfall from the semiconductor industry. 

Samsung emphasise they are still committed to the project, despite the delay, stating: 

"We plan to proceed without a hitch according to the schedule for the investment in the Taylorish Foundry fab, but there are no confirmed matters related to the groundbreaking ceremony yet.”

USA and Canada Commit To Production Partnership

U.S. Secretary of Commerce Gina Raimondo & Canada’s Minister of Innovation, Science and Industry Francois-Philippe Champagne met in Washington this month to discuss their commitment to work together.

The Secretary and Minister discussed how the United States and Canada could continue to strengthen and grow shared commercial and economic interests on both sides of the border including cooperation on supply-chain security and resilience. 

Intel Announces Eco-System Accelerator Program

The final story today comes from Intel who have recently announced its plans to launch a design eco-system accelerator program focused on building chips for the U.S. military, aerospace and government sectors. 

The move comes as the U.S. is clamping down on domestic technology being shipped overseas specifically to China.

The ban has caused numerous executives to be stuck in limbo as new restrictions have been placed on Americans working for Chinese companies who have fabs in China and are now not able to get the proper equipment. Samsung, SK Hynix and TSMC have received a one-year exemption from the US Department of Commerce

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The Semiconductor Social will be back next month with more updates from the US Semiconductor industry. Follow us on LinkedIn or Youtube to be the first to see the latest updates.