India approves $15B in semiconductor plant investments

India has approved allocating up to $15.2 billion (1.26 trillion Indian rupees) to build three new semiconductor plants, including its first semiconductor fab facility — part of the country’s big bid to take on China, Taiwan and other countries in the chip race. Significantly, although AI chips are very much the talk of the industry […] © 2024 TechCrunch. All rights reserved. For personal use only....