Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Washington to the Security Council: The goal was to destroy Iran's uranium enrichment capacity and prevent the threat of Tehran obtaining and using a nuclear weapon
Lebanese Health Ministry: 1 woman martyred, 11 wounded in Israeli strike on residential apartment in Nabatieh, South Lebanon.
Al Mayadeen's correspondent: Four civilians injured in Israeli strike that targeted house in Nabatieh al-Fawqa, South Lebanon.
Al Mayadeen's correspondent in South Lebanon: Israeli warplanes launch strikes on regions of al-Mahmoudiyah, al-Khardali
Al Mayadeen's correspondent in South Lebanon: Israeli aircraft execute series of strikes in Kfar Tibnit, South Lebanon.
Iranian ambassador in Beijing to Al Mayadeen: We hope that Europe and the US give up their illegal actions and authoritarian hegemony.
Al Mayadeen's correspondent: Israeli shelling targets displaced persons' tent in Al-Mawasi, Khan Younis, casualties were reported
IOF storm Jalazone camp, north of Al Bireh city in the occupied West Bank
Israeli media: A severe incident reported in Gaza some time ago
Israeli media: Military evacuation helicopters are transporting injured soldiers from Khan Younis

Dutch semiconductor company to make $200 mln expansion in US

  • By Al Mayadeen English
  • Source: Agencies
  • 31 May 2022 19:35
  • 1 Shares
2 Min Read

The Connecticut facility is receiving funds to ameliorate the semiconductor shortage in the US.

  • x
  • Dutch semiconductor company to make $200 mln expansion in US
    Dutch semiconductor company ASML

On Tuesday, a Netherlands-based semiconductor manufacturing company, ASML, announced that it will be making a $200 million expansion to its largest plant in Connecticut, United States.

"Today, Deputy Secretary of Commerce Don Graves joined Peter Wennink, CEO and President of Dutch Semiconductor Equipment Manufacturer ASML, at ASML’s Veldhoven headquarters to announce ASML’s $200 million expansion of their Wilton, Connecticut facility," the release said.

Read more: Chinese firm denies IP infringement claims against ASML

"ASML is the latest international company to make a significant investment in American semiconductor manufacturing during the Biden-Harris administration."

Related News

Trump predicts Gaza ceasefire within a week

US pressuring Lebanon over Resistance disarming timeline: Fayyad

The announcement came as the Bipartisan Innovation Act, which is a legislation that would invest $52 billion in research, development, and production of semiconductors in the US, is progressing in Congress to come into effect. 

ASML Wilton is the largest research, development, and manufacturing site for the company, ASML, in the US. The facility has over 2,000 employees and $100 million which have already been invested in clean rooms, laboratories, and offices, according to the release.

The release revealed that the premises are already a major design, engineering, and production center, so developing machines is a necessary pursuit to create advanced chips to meet increasing global demand. 

"The expansion is expected to create 1,000 new jobs over the next two years," the release added.

Deputy Secretary Don Graves visited ASML on his trip to Europe, with the aim to strengthen transatlantic cooperation and engage with public and private sector partners on issues that have been pressing the market, such as supply chain relief, and emerging technologies, and export controls. 

Semiconductor shortage has been a worrying issue for world tech industries. In January, the US Commerce Department raised the alarm that American corporations have an average of fewer than five days' worth of semiconductors on hand, putting them at risk of production shutdowns if supply is disrupted.

Since then, the White House has been encouraging American companies to invest in domestic semiconductor facilities, and Biden praised Intel's proposal to spend $20 billion on a new chip manufacturing plant in the United States. 

  • Netherlands
  • semiconductors
  • United States
  • ASML

Most Read

Iranian President Masoud Pezeshkian attends a protest following the US attacks on nuclear sites in Iran, in Tehran, Iran, Sunday, June 22, 2025. (AP)

Iran declares victory as ceasefire forces Israeli retreat

  • Politics
  • 24 Jun 2025
Israeli workers survey the site where a missile launched from Iran struck in Haifa on Sunday, June 22, 2025. (AP)

True Promise 3, wave 20: 40 missiles launched, Kheibar-Shekan in first

  • Politics
  • 22 Jun 2025
Iran launches strikes on Israeli targets, despite alleged ceasefire

Iran victorious as ceasefire with 'Israel' takes effect

  • Politics
  • 24 Jun 2025
Iranian worshippers carry their country's flags in a protest to condemn Israeli attacks on multiple cities across Iran, after the Friday prayers ceremony in Tehran, Iran, Friday, June 20, 2025. (AP)

Iran warns of NPT withdrawal, Strait of Hormuz closure after US attack

  • Politics
  • 22 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli occupation soldiers search for settlers amid the rubble of buildings destroyed by an Iranian missile strike in Bat Yam, central occupied Palestine, on Sunday, June 15, 2025 (AP)
Politics

Iran missile strike flattens Bat Yam, displaces 2,000 settlers

Palestinian fighters from the Islamic Jihad militant group riding on a truck with weaponry on display take part in an anti-Israel parade marking the 36th anniversary of the movement's founding, in Gaza City, Wednesday, Oct. 4, 2023 (AP)
Politics

Palestinian Resistance attacks Israeli forces in Khan Younis, Jabalia

Iranian Foreign Minister Abbas Araghchi stands waiting to meet Russian President Vladimir Putin for the talks at the Kremlin in Moscow, Russia, Monday, June 23, 2025 (AP)
Politics

Iran suspends IAEA cooperation, Araghchi blames Grossi for attacks

The commander of the Quds Force's Palestine Unit, Brigadier General Mohammad Said Izadi (Illustrated by Mahdi Rtail for Al Mayadeen English)
Politics

Who was Mohammad Said Izadi, head of the Quds Force's Palestine Unit?

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS