Tags: Chips Act

OpenAI sent a letter to the White House urging the administration to broaden the Advanced Manufacturing Investment Credit (AMIC) beyond semiconductor fabrication to include AI servers, data centers, and related grid components. The company argues the change would lower capital costs, de‑risk early investments, and unlock private capital for U.S. AI infrastructure. OpenAI also called for faster permitting, streamlined environmental reviews, and a strategic reserve of raw materials such as copper, aluminum, and processed rare‑earth minerals. Executives later clarified that OpenAI does not seek government guarantees for its data‑center build‑out, emphasizing that taxpayers should not bail out private ventures. Read more

Nvidia announced a $5 billion equity investment in Intel, pairing the cash injection with a product collaboration that links Nvidia's AI and accelerated‑computing technology to Intel's leading CPUs via NVLink. The partnership aims to create integrated systems‑on‑chip for data‑center and personal‑device markets, including new laptop designs that fuse GPUs and CPUs. The deal arrives as the U.S. government has taken a roughly 10 percent stake in Intel under the CHIPS Act, and it underscores a broader push to strengthen American semiconductor capabilities. Read more