Why semicon Is Trending Today?

Prime Minister Narendra Modi attended the second day of SEMICON India 2025, where he emphasized the need to reduce paperwork to boost semiconductor production. Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, saw its stock price target set at $300 by AInvest, while Charles Schwab Investment Management Inc. invested $908,000 in the company. The Semiconductor Gases Market is expected to grow at a CAGR of 7.3%, reaching $13.47 billion by 2029. Meanwhile, PM Modi met with global CEOs at a roundtable during SEMICON India 2025, pushing for 'Made in India' chips. EV Group promoted Yu-Ying Lee to lead its Taiwan operations, and Noel Tata's company signed a big deal with a semiconductor leader to jointly develop products. South Korean semiconductor firms are looking to expand in India, led by Samsung's growing R&D presence. Tata Electronics partnered with Merck and C-DAC to strengthen India's semiconductor ecosystem. ASML CEO highlighted the company's support for India's semiconductor ambitions at SEMICON India 2025. The first made-in-India chip was presented to PM Modi at the event, with the world ready to build the semiconductor future with India, as per the Prime Minister. TSMC reported strong Q2 growth driven by HPC and smartphone demand, while Nvidia debunked chip shortage myths and vowed uninterrupted supply in the booming semiconductor market. The Indian government finalized 25 priority products for indigenous semiconductor IPs and launched SEMICON India, with global chip firms expecting India to play a key role in shaping the semiconductor future.

Prime Minister Narendra Modi, at the Semicon India 2025 event, expressed confidence in India's late but unstoppable journey in the semiconductor sector. He announced that the government is working on the next phase of the India Semicon Mission and the Design Linked Incentive (DLI) scheme. The event marked a significant milestone with the unveiling of 'Vikram', India's first fully indigenous 32-bit microchip, presented to PM Modi by Union IT Minister Ashwini Vaishnaw. This development comes amidst India's push to become a major player in the global semiconductor industry, with the country already hosting 20% of the world's chip design engineers. The event saw participation from over 2500 representatives from around 48 countries, highlighting India's growing influence in the semiconductor landscape.