Semiconductors

In a world where concentrated supply chains are leveraged to meet geopolitical ends and uncertainty surrounds chipmaker Taiwan, locally made semiconductors could determine global power equations. India needs to be a player.

The semiconductor giant plans to nearly double its local workforce by 2030 to support India's green energy goals through new design partnerships and startup collaborations, senior vice president Vivek Mahajan told Mint.

Tata Sons' board held its first detailed review of new businesses—aviation, batteries, electronics, and e-commerce—over a six-and-a-half-hour meeting, pushed by Tata Trusts chairman Noel Tata, who has raised concerns over ballooning losses exceeding $11 billion in investments.

Tata Electronics’ ASML pact and new semiconductor projects have expanded India’s chip ecosystem, but large-scale self-reliance remains years away.

Intel stock was up 16% in midday trading on the news; it has risen 246% this year.

The rise of AI agents is swinging attention back to the main brain of data-center computing, the CPU.

A shift in the AI market helps the chip maker, but the stock has already tripled while Intel’s turnaround is far from done.

Applied Materials is spending more time tracking opportunities in India than before, as policy support and early-stage investments are beginning to translate into a stronger pipeline of startups.