R&A DAILY NEWS 7/30/2024

Decreased Capital Expenditures by Maior Memory Manufacturers May Lead to Q3 NAND Flash Oversupply

Three major memory manufacturers are concentrating on HBM and premium DRAM. Although enterprise storage demand is robust, there's a potential oversupply in the NAND Flash sector. This year, Samsung Electronics,SK Hynix, and Micron are cutting, not increasing, their NAND Flash investments.

NAND Flash prices have been increasing each quarter, with production capacities normalizing in the second half.Yet, the market anticipates a modest oversupply in Q3,signaling that price hikes may plateau.

Amkor granted CHIPS Act incentives for Arizona plant

On July 26, Amkor, a U.S,semiconductor packaging and testing service provider, announced that it has signed a non-binding preliminary term sheet with the U.S,Department of commerce to receive proposed incentives under the CHlPS and Science Act. The Department of Commerce plans to provide up to $400 milion in direct funding and an additional $200 million in loans.

Toyota Motor Corporation will establish an electric vehicle battery plant in Fukuoka, Japan.

Tovota plans to invest 5 trillion yen in EV-related fields centered aroundbatteries by 2030,In terms of batteries, Tovota has decided to investa total of 2 trillion yen in the United States and approximately 300 billion yen in the Himeji plant, which is a joint venture with Panasonic Holdings.

TSMC's 2nm Fab Construction Unaffected by Super Typhoon Flooding

TSMC is currently constructing an advanced 2nm manufacturing facility, with plans to start mass production of wafers usina this cutting-edge technology for multiple clients, most notably Apple. Unfortunately, the recent Typhoon Doksuri struck Taiwan, causing sianificant economic damage to the region.Fortunately, the world's largest semiconductor manufacturer has stated that the storm did not damage its 2nm fab in Kaohsiung.